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ISLAMABAD: Traders community on Friday demanded the government to introduce simplified tax system for retailers, real estate sector, agriculture, and industries in the upcoming budget.
President of the Pakistan’s Central Organization of Traders Kashif Chaudhry along with other leaderships addressing a press conference here at the National Press Club said that one-page tax return form in Urdu should be introduced for traders and that traders filing tax returns should be awarded an “Honest Taxpayer” shields or certificates.
Mr Chaudhry also demanded that the Federal Board of Revenue should not harass tax filers, the 5.1 percent minimum turnover tax should be abolished, super tax should immediately be withdrawn, and sales tax should be reduced to a single-digit rate.
Patron-in-Chief of the Central Organization of Traders Pakistan Khawaja Shahid Razaq Sikka, Chairman Karachi Sindh Tajir Ittehad Sheikh Habib, Punjab President and President of Anjuman Tajran Registered Rawalpindi Sharjeel Mir, Khyber Pakhtunkhwa President Sharafat Ali Mubarak, Acting Sindh President Javed Memon, General Secretary Khyber Pakhtunkhwa Sheikh Saeed and other trader leaders attended the press conference.
