LAHORE - The Lahore Chamber of Commerce and Industry (LCCI) President Irfan Qaiser Sheikh has said that the new FBR Chairman would have to take special measures to expedite the refund cases pending with the Board for a long time.
In a letter to the new FBR Chairman, the LCCI President Irfan Qaiser Sheikh said that the business community has attached very hopes with Ali Arshad Hakeem because of his excellent performance as Chairman National Database Registration Authority (NADRA). He said FBR blocked huge cash flow of the business community already perturbed due to serious energy crisis.
The LCCI President said that the New Chairman would have to utilize his best abilities to facilitate the businessmen who are generating revenues for the government despite all odds. The LCCI President said that the new Chairman has big responsibility on his shoulders as the in the budget 2012-13 the revenue target has been enhanced. He said that like previous year the business community would continue to support the FBR revenue collection drive but the Chairman would have to focus on the expansion of tax net as there area number of sectors that are still out of net despite earning handsome revenues. The LCCI President said that a number of businessmen had brought to the LCCI notice many issues that need an early attention of the FBR Chairman. Irfan Qaiser Sheikh also urged the FBR Chairman to take steps to expedite liaison with the business community that has always supported the Federal Board of Revenue in every thick and thin.