Dear Journalist Friends,

My interview on current situation that has trigerred unrest among business community is published today in Pakistan Observer.
Insistance of authorities on IT issue may result in violance in some cities. Please feel free to reproduce it in English/Urdu or any regional lang.
Interview is pasted below my signature.
Regards

--

Munawar Mughal

Chairman, Founder Group, ICCI,

Member Managing Committee, FPCCI,

Former President ICCI,

Former Chairman FPCCI Capital Office,

Ph Off: 051-2253145 &  2250526.


Demand for restoration of previous tax system gains momentum

Business leader terms new income tax return system unsatisfactory

 

Staff Reporter

Islamabad: Munawar Mughal, Chairman of the Founder Group of Islamabad Chamber of Commerce and Industry has put his weight behind majority of the traders of the country who are have shown serious concerns about new income tax return system.

Mr. Mughal who is also Member of the Managing Committee of the FPCCI and has remained president of ICCI and Chairman FPCCI Capital Office said that restoration of previous income tax return system is imperative.

Talking exclusively to Pakistan Observer, the veteran trade leader said that FBR has extended the date to file returns for four times but to no avail as only 17 per cent of the taxpayers have so far filed returns which proves that the strategy employed by the tax authorities has backfired.

Many trade associations and business chambers have expressed their concerns in their internal meetings and with the tax collectors, he informed.

Munawar Mughal said that traders have no faith in the moves directed by the foreign lenders and the only resolution of the issue lies in simplicity of the system.

Small traders and industrialists on Wednesday warned the Federal Board of Revenue (FBR) of protests, if it failed to change the 'disputed' conditions in the income tax form for 2011-12 in line with the businessmen community's demands.

We have decided not to file tax returns if the disputed conditions are not omitted, he said adding that anti-business tax policy should be immediately reviewed.

"I foresee that the protest against the tax policy would continue till the FBR restored the previous mode of filing returns," he observed.

Munawar Mughal demanded of the government to introduce plans to help the financially weak traders with attractive tax policies so that the government's annual revenue could also increase. He also urged the FBR to avoid new experiments on the traders who were already in the tax net.

Such new and controversial initiatives would have negative impact on the existing tax collection system, he said.

FBR should not avoid imposing tax of favourite sectors; it should first widen the tax base then introduce changes that should be only aimed at betterment of the country, he demanded.

Munawar Mughal warned that some traders may not refrain from getting violent in order to stop the tax recovery teams in the markets as many associations across the country have decided to resist officials.

Trading community reeling under energy outages, inflation, law and order situation and unfair taxation system have formed committees to stop the tax recovery teams from entering markets which can result in law and order situation and further drop in collections, he said.

He said that the clause "D" from the income tax return form should be deleted and recently-increased rate of turnover tax should be revised.

FBR cannot reduce the fiscal deficit by squeezing the existing taxpayers while patronising landed elites and other non-tax paying affluent sections of society, he said.

The present system of agricultural taxation has created significant distortions and inefficiency in the economy. Loopholes in the system, especially the exemptions of income tax on agricultural income, have created opportunities for tax evasion on incomes earned from non-agricultural sources, he said.

Mr. Mughal said that current moves will not help FBR in any way to support tax culture in country and boost tax-to-GDP ratio which is keeping us dependent on foreign loans.

A dialogue is needed to resolve the issues as majority of business community see new income tax return form as unrealistic and against the interest of the trading community, said Munawar Mughal.

 

 


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           PRESS RELEASE                                       PRESS RELEASE                                            PRESS RELEASE.
 
In a Press Release from the Secretariat PPP, California USA, by Prof. Dr. Sir Malik A. Kaiyoom Awan President PPP, California and a founder member of the party issued by the information secretary it is said that in case of memorandum gate, Mr. Hussain Haqqani has tendered his resignation and offer himself for the enquiries to be made in to MEMORANDUM involving the Government of Pakistan, Political leadership including President Honorable Asif Ali Zardar, the Chief of Army Staff Commander In Chief of the Pakistan Army Mr.Kiani, and General Pasha in a so called Memorandum prepared on the instigation of someone by Mr. Aijaz who is already famous for this kind of scams. No matter what when Mr. Haqqani has resigned and offered him before the parliament of Pakistan to face any enquiry made on any level of the judiciary committee, and or made by any other source, it has been made clear that positively a committee is being constituted to look into this very serious case of treason against our country Pakistan and its solidarity involving our respected Army which is highly respected and trusted by the Government of Pakistan, the general public of Pakistan amongst others. It is not justified that a baseless propagation to defame our own country, our nation, our respected Army before it is investigated no matter what and after coming the verdict then this very sensitive issue could be discussed in the media, general public or on the stages of opposition parties to eradicate the possibilities of the such defamation on the part of Pakistan and the nation. Although it is a burning question for each one of us as nation of Pakistan, but we must wait till some decision is taken by the incoming commission by the Government. Everyone knows that this memorandum sent the Army Chief of the United States of America which anonymous, without sufficient proof of evidence against our Ambassador Mr. Hussain Haqqani etc.  In the very best interest of the benefit for Pakistan it is requested to kindly stop any kind of propagation on this issue.
 
Secondly the President of Pakistan People's Party Dr. Awan has congratulated the Prime Minister of Pakistan to appoint Mrs. Shiree Rehman as an Ambassador of the US replacing Mr. Haqqani which is great decision appreciated by the PPP of the California, US. Shiree Rehman is a well Political replacement for such high post of an Ambassador and she will satisfy the people of Pakistan as a good representative for Pakistan. She has all that experience and knowledge she derived from the experience of our late Mohterima BB Shaheed as her best associate in the politics. Dr. Awan himself, Mr. Zahid Saif Secretary General of the PPP CA, Mahjooba Kakar Acting President PPP CA, Mr. M.D. Khalid Sr. V.P, Jt. Secretary Mr. Asghar Ali, Commander Shahid Abbas President PPP, Stockton, CA. Sheikh Tahir General Secretary Stockton, CA, Mohammad Iqbal Lodhi President Napa Valley, Mrs Sabira Farooq Secretary PPP Ladies Wing CA., Mr. Mumtaz Rehmat Khan member executive committee CA PPP, Mr. Aamir Khan Studnet Leader PPP from Sacramento State University and all the respected members of the PPP have welombed Mrs. Shiree Rehman to chieve such a highly respectable and responsible appointment by the Government of Pakistan. Dr. Malik Awan has invited her in advance to visit the PPP organization in CA on resuming her responsibility in Washington D.C.This is her advance and the first invitation in her honor as an Ambassador to the great country of U.S.A.
 
Dr. Malik Kaiyoom Awan has further said that instead of opening the PINDORA BOXES by the opposition parties to look for such baseless excuses  for early election in Pakistan, they must join hands of the democratic government to promote such projects which could minimize the load of exchequers on the part of load shedding, Gas shedding, High Dearness in the country, lawlessness, terrorism to save the lives of the Pakistanis, to bring their money back to the country to provide industry to illiminate the unemployment to provide the loaf of bread for poors and help the victims of flood in Sindh who are living under  the blue sky and they are looking for their rehabs. Also the PPP leadership too to work together to build a new Pakistan, instead of falls propaganda to show the hidden wealth and ASASAS, which is just cheating to the general public and nothing beyond that. Whatever has done and who has looted the Pakistan, just forget it for the past, work for the present and look for the future of Pakistan. Such memo having no genuinity and a anonymous and has nothing to do with the prosperity of Pakistan. So please be positive and save Pakistan under the policy of live and to let live. God bless Pakistan and its leadership. Amen.
 
PPP CALIFORNIA, USA.

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AoA Dear Mr. Tariq Gull Khattak..!

Please find the attached column of Mr. Fasihuddin (PSP) on "Few Moments with Prof. Julia Davidson", published in Daily Aaj, Peshawar on November 
23, 2011 on Wednesday. In this column, the writer discusses about a meeting and moments shared with a well known researcher and author of many books, Prof. Julia Davidson of Kingston University of England. In this meeting, Mr. Fasihuddin and Prof. Julia Davidson discussed different educational and personal issues. Prof. Julia Davidson has a charismatic, charming and kind personality who has a devoted attitude towards her work on education and research. You may find the column on the following online link


You may also send and share this column with your colleagues and friends if it is of their interest. Your comments and suggestions in this regard will be appreciated.
With best regards.

--
Shafi Ullah,
Coordinator,
Pakistan Society of Criminology,
03, Ashiq Abad, New Warsak Colony,
Warsak Road, Peshawar, Pakistan.
Office Ph. 091-5200806, 0301-8857785
www.pakistansocietyofcriminology.com





--
--
Tariq Khattak,

Columnist, Feature Writer,
Editor Pakistan Media Group &
Editor
Commerce, Pakistan Observer,
Ali Akbar House, G-8 Markaz, Islamabad, Pakistan.
Cells: 0300/0333-9599007, Ph. 051-2852027/8. Fax 2262258



__._,_.___
Recent Activity:
Editor,
Tariq Khattak, Islamabad, Pakistan.
GSM = 0300-9599007 and  0333-9599007
Email: Tariqgulkhattak@gmail.com

Thanks for participating.
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8) Every mail cannot be published; it will overload Mailboxes
of our valued members.
9) Try to Disagree Without Being Disagreeable, Unsympathetic and/or Unpleasant.

x==x==x==x==x==x

Please note that,
It is a common platform for journalists and all others who are interested in knowing about the issues that are sometimes not reported. This group favours philosophy of progress, reform and the protection of civil liberties. Please share and educate others. The owners and managers of this site do not necessarily agree with any of the information. It is an open forum; everyone is allowed to share anything. Mails sent by members and non-members are subject to approval. However, we are not responsible in any way for the contents of mails / opinion sent by members. We do not guarantee that the information will be completely accurate. (Nor can print and electronic media). If you find content on this site which you feel is inappropriate or inaccurate, incomplete, or useless you are most welcome to report it or contradict it.
Thanks a lot.
MARKETPLACE

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