LCCI Urges Tax Reforms to Broaden Base, Boost Pakistan's Economy

LCCI President Ali Hussam Asghar met with Chief Commissioner Inland Revenue Fizza Batool, proposing reforms like simplified registration for SMEs, consistent policies, and effective complaint resolution to enhance voluntary compliance. The LCCI stressed bringing more businesses into the documented economy through facilitation and awareness for sustainable revenue generation. These efforts, if implemented, could contribute to Pakistan's long-term fiscal stability, potentially offering some support to the PKR, though immediate market impact on gold or currency is unlikely.

بحوالہ / Source: www.brecorder.com