UNISAME URGES BUSINESS COMMUNITY TO SUPPORT GOVERNMENT

Jul 14, 2019 |

The Union of Small and Medium Enterprises (UNISAME) urged the business community to support the government to overcome challenges facing the country and not go on strikes.
President UNISAME Zulfikar Thaver whilst appreciating the government’s point of broadening the tax net, accountability and transparency in transactions urged the government to sit with the trade leaders and accommodate their point of view regarding 17% sales tax and indicating CNIC number on invoices exceeding Rs 50000 amount.
UNISAME experts suggested gradual reforms and not overnight implementation which are disturbing trade. Besides the Federal Board of Revenue needs to adopt friendly policies and consultations with the business community.
Thaver said it is very important for traders to pay taxes and urged the traders to go for documentation. It is high time the traders change their habits of not declaring their transactions, profits and not paying full taxes.
Thaver said it is very unfortunate that different mafias are operating in the economy and called upon the trade leaders to guide the entrepreneurs to co-operate with the government to bring about reforms for the betterment of all.
UNISAME has offered to intervene and sit with the government officials and trade leaders to resolve the matter in the best interest of the country.

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