The United Business Group (UBG) of FPCCI on Sunday asked the FBR not to harass the business community but find new taxpayers in order to increase the revenues.
FBR should motivate the staff, introduce the latest technology, plug loopholes and find new taxpayers to end the country’s dependence on foreign loans, said Zonal Chairman UBG Naseem-ur-Rehman.
He said that the FBR has initiated raids across the country which has terrified the business community that deserves to work with peace of mind.
He asked the chairman FBR to plug loopholes causing tax evasion and other irregularities and employ the latest technology to enhance collections without hurting the existing taxpayers.
He said that misuse of authority can be stopped by revisiting certain laws, rules, and regulations to document the economy and increase the tax base to boost the volume of revenue.
Internationally agreed upon practices should be adopted so that no one gets the impression of a repressive tax regime, he demanded.
Naseem-ur-Rehman drew the attention of chairman FBR to the incidents of highhandedness of field staff, which is widening the gulf between tax collectors and taxpayers.
FBR should be brought at par with the tax authorities of the developed countries without which a country cannot climb the ladder of success.
We have a complex tax system which lacks transparency. While some laws continue to obstruct the growth of tax broadening, the rate of sales tax is 4.5 per cent higher than the average in Asia, he said.
