Traders asked to become filers for relief from higher taxes
Business
‘Taxes in utility bills can only be reduced if traders pay due taxes’
(Web Desk) - Chief Coordinator Tajir Dost Scheme Naeem Mir has said traders need to understand the concept of ongoing Tajir Dost Scheme as non-filer traders are paying more taxes than that of filers.
"By becoming filer, the non-filer traders can get relief from higher taxes," he said during a seminar.
The chief coordinator gave a detailed briefing to the participants of the seminar and proposed amendments in them.
"The burden of indirect taxes in utility bills, petrol along with other items as well as withholding and sales tax can only be reduced if the traders pay their due taxes to the state, Mir said.
"While commenting on the latest positive economic indicators, the chief coordinator said reduction in trade deficit and surge in exports is one of the major economic achievements of the federal government.
"Enhancement in Forex reserves, historic achievements in stock market and reduction in interest rate and inflation speak volumes of the economic successes of Prime Minister Shehbaz Sharif-led economic team," Mir added.
He discussed the ongoing talks between FBR and traders and stated that talks between both the sides are going on after the strike observed last month but the traders also need to look into their demands.
"Traders enjoy superior treatment in our country as they are always taken into confidence by the state before levying taxes over them but the same is not valid for salaried class and general public," he said.
He said Prime Minister Shehbaz Sharif has strictly directed for the welfare and wellbeing of traders and ‘we are working round-the-clock for achieving the objective of the prime minister.’
