ICCI for reducing licence fee, other taxes.

ISLAMABAD -- Presidents of trade associations on Friday called upon municipal corporation Islamabad to immediately withdraw 1000 percent increase made in various taxes.

In meeting of ICCI traders welfare sub-committee, they said that CDA and MCI were not resolving key issues of markets.

They threatened that if this approach was not changed, they would completely boycott CDA and MCI.

They said that no market association would get license from MCI or CDA and in case of any law and order situation on this account, these civic bodies would be responsible for the consequences.

Tahir Abbasi, Senior Vice President, Saifur Rehman Khan Vice President, Islamabad Chamber of Commerce and Industry (ICCI), Khalid Chaudhry Convener ICCI Traders Welfare Sub-Committee, Ajmal Baloch President Anjamun-e-Tijaran and others were present on the occasion.

Addressing the meeting, Tahir Abbasi, Senior Vice President ICCI said that MCI has made massive increase in various taxes including trade license fee, which has created concerns in trading community.

He said that these measures of MCI would increase difficulties for the government and said that MCI should reconsider its decision.

Khalid Chaudhry, Convener, ICCI...