Daily The Business

BTB zone to find ways of broadening  tax base

Our Special Correspondent

LAHORE: A Consultative Meeting between the Traders Associations and
FBR representatives was held in the Broadening Tax Base Zone (BTB),
Islamabad to find ways of broadening the tax base.

The Consultative Meeting was chaired by Mir Badshah Khan Wazir, DG,
BTB and was attended by Commissioner BTB (HQ) and Commissioner BTB
Zone Islamabad. The BTB Zone Islamabad had invited Traders Association
of G-11 Markaz and F-11 Markaz, Islamabad to seek business community’s
views on broadening the tax base. The Traders Associations were
represented by Mr. Aftab Gujjar and Mahar Khuda Dad, Presidents of
Traders Associations of G-11 and F-11 Markaz respectively along with
their office bearers.

The Director General BTB apprised the participants about the
significance of broadening of tax base in enhancing national tax
revenue. He stated that due to smaller tax base, the burden gets
shifted to existing taxpayers. He stressed on the need to have
cooperation of trade bodies in the identification and enrollment of
potential taxpayers and sought their help to hold facilitation camps
in their respective areas.

The representatives of trade bodies appreciated the initiative of DG
BTB for holding the consultative meeting. They shared views on the
difficulties’ faced by the business community in the enrollment and
filing of returns. They advocated the idea of fixed tax regime for the
small traders. They agreed to extend cooperation in holding awareness
and enforcement camps of BTB Zone in their respective areas.

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