Provincial Minister IC&T Sheikh Alla-u-din has said that it is obligation of FBR and allied departments to bring those people in tax-net system, spending a wonderful life but not paid tax. He said that Income tax and Custom departments have to discourage the Hundi and under invoices system.
He expressed these views while participated inaugural 2-days workshop of Pakistan Tax Bar Association to discuss direct and in direct taxes. In the ceremony president Pakistan bar council Abdul Qadir Memon, president Lahore bar council Qamar Zaman, FATE Nosheen Javed, Partner A.F Ferguson Asim Zulfiqar, representatives of PTBA and LTBA were present. All the participants highlighted different issues included practical challenges in conduct of audit, withholding tax regime in Pakistan, taxation of business income under NTR,MTR and FTR regime. The president PTBA Abdul Qadir Memon said in his address that graph of GDP will boost due to tax payments and before the ending of this year a branch will be opened in Lahore also to ease the common man.
Minister Industries applauded the effort of PTBA and LTBA to conduct 2-day workshop and hoped these kinds of workshops will be held continuously in all over the country.