ICCI seeks tax relaxations for small traders, shopkeepers

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) President Sardar Yasir Ilyas Khan has urged the Federal Board of Revenue (FBR) to provide relief in taxes to small traders and shopkeepers in order to alleviate their difficulties.

Addressing a delegation of Traders Welfare Association (Jinnah Super Market), led by its President Asad Aziz, Sardar Yasir Ilyas Khan said that the five months lockdown due to the Covid-19 pandemic has led to a great recession in business activities and has badly hit the small traders due to which they are facing multiple problems including payment of shops rents.

“Therefore, it is the need of the hour that FBR provides relief in taxes to small shopkeepers in order to alleviate their difficulties.”

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Khan noted that during the lockdown, the business community did not lay off its employees and continued to pay them out of their own pocket, which aggravated their problems. This situation demands the government to consider announcing more relief packages for the business community instead of creating problems for them, he added.

The ICCI chief said that the business community is implementing SOPs issued by the district administration but the customers are not following them due to which the shopkeepers are facing closures.

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