LCCI urges FBR to withdraw cases against businessmen

Business News English

Lahore, December 23, 2020 (PPI-OT): The Lahore Chamber of Commerce and Industry on Tuesday urged the Federal Board of Revenue (FBR) to immediately stop registering cases against businessmen who are spending all their energies to put economy back on rails. LCCI President Mian Tariq Misbah, Senior Vice President Nasir Hameed Khan and Vice President Tahir Manzoor Chaudhry were talking to a group industrialists and traders here at Lahore Chamber of Commerce and Industry.

The LCCI President said that it is time to make joint efforts to keep the wheel of economy moving. “The Federal Board of Revenue should not treat business community like criminals and stop registration of cases as this act is creating harassment among the business community.” Mian Tariq Misbah said that the business community is the major source of revenue for the government but the Federal Board of Revenue is using coercive tactics against them.

The LCCI Senior Vice President Nasir Hameed Khan and Vice President Tahir Manzoor Chaudhry said that it would have been better if the Chambers of Commerce and sector-specific associations were taken into confidence before initiating such an action that is creating bad impression of the country. “Unfortunately the Chambers were also not taken into confidence.” They said that Federal Board of Revenue would not be able to meet its revenue target set for the year 20-21 if anti-business measures like registration of cases against the business community.

They appealed to the Prime Minister Imran Khan to intervene into the matter and help stop the FBR from this practice that is pushing the tax payers to the wall besides denting the reputation of the government. They said that the Federal Board of Revenue was constituted to facilitate the businessmen but it is presently doing the other way round.

The LCCI office-bearers said that these acts of the Federal Board of Revenue are not only defaming the government but also vitiating the business atmosphere in the province of Punjab. They said that it is unfortunate that the FBR is not releasing what it owes to the business community but creating troubles for the businessmen for the recovery of its outstanding dues just to meet the revenue targets and for the sake to show its performance. They demanded immediate withdrawal of cases against the businessmen.

For more information, contact:
Information Department
Lahore Chamber of Commerce and Industry (LCCI)
11-Shahrah-e-Aiwan-e-Tijarat,
Lahore -54000, Pakistan
Tel: +92-42-111-222-499
Fax: +92-42-36368854
Website: http://www.lcci.com.pk/

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