SCCI calls for revisiting policies to revive business, industry and trade in KP

PESHAWAR
President, Sarhad Chamber of Commerce and Industry Malik Imran Ishaq urged federal and provincial governments to review their policies to revive the businesses and industries and to lead the country’s economy toward sustainable growth.
President Malik Imran Ishaq while talking to a various a delegation of Pakistan Chemists and Druggists Association (PCDA) Khyber Pakhtunkhwa Chapter headed by its chairman Mubeen Khan, General Secretary Aslam Pervaiz and other office bearers described government’s harsh actions and policies a major reason behind the sharp decline in business and industry operations.
He said SCCI has consistently advocated for comprehensive taxation reforms and urged the federal government and the Federal Board of Revenue to focus on expanding the tax net rather than placing an unsustainable burden on existing, compliant taxpayers.
The PCDA delegation extended warmest felicitations to new office bearers of the chamber and hoped that the new cabinet will play a key role toward resolution of pharma industry, distributors, wholesaler, dealers, and promoter.
Apart from the SCCI’s Senior Vice President Naeemur Rehman, member of the executive committee Atif Shahzad and Mazhar Jamil, and former president Faiz Muhammad Faizi and Fazal Moqeem Khan, Secretary General Muqtasid Ahsan, and PDCA Vice chairman Naseeruddin, other office bearers, senior members, and traders associated with pharma and medicine/drugs sector were present on the occasion.
The chamber president made it clear that harassment of the business community is unbearable during execution of regulatory policies, initiatives and other important directions/actions.
He said taxpayers have an enormous contribution toward the national economic growth, so they must be facilitated instead of discouraging them from anti-business actions.
President Malik Imran Ishaq said SCCI leadership believes in indiscriminate services to the business community and said it will keenly focus on collective approach and joint initiative and consultation rather than opt for individualism.
He disclosed that focal persons have designed for various sectors, and they will establish close liaison with businessmen associate their relevant sectors to identify their problems and resolve them by taking up with authorities concerned at central and provincial level.
Similarly, he informed the sector-specific working committee would be formed to review the overall situation on ground and gave proper feedback on initiatives toward resolution of the traders’ issues.
Earlier, Chairman PCDA KP Mubeen Khan and General Secretary Aslam Pervaiz apprised the meeting regarding various problems of the chemists community mostly relating to collection of multiple/double taxation like, trade and calling tax, professional, property, advance tax, PDA and TMA, others, category B and C issue, border closure, besides unwarranted action by officials of consumer department, district administration, along with drug controller and other.
They called for removal of double multiple/double taxation and broadening the tax base by bringing new people under the net rather than overburden the existing taxpayers with further taxes.