ICCI urges govt to broaden tax net, revising working hours in budget 2023-24.

ISLAMABAD -- Islamabad Chamber of Commerce and Industry (ICCI) on Tuesday urged the government to take appropriate steps to broaden tax net to enhance revenue collection, besides revising working hours to save energy for economic growth and social development of the county.

President ICCI Ahsan Zafar Bakhtawari, while presenting the budget proposals for Federal Budget 2023-24 in Senate Standing Committee on Finance suggested making all commercial meters subject to national tax numbers (NTN), which will significantly increase the tax net.

He urged to change the working hours to save energy, besides incorporating suggestions from the business community across the country in the budget and formulating e an economic plan in consultation with the chambers in a difficult economic situation.

Presidents of Islamabad, Karachi, Lahore, Quetta, Faisalabad chambers and Federation of Pakistan Chamber of Commerce, Pakistan Business Council participated also attended meeting.

Ahsan Bakhtawari apprised the meeting that LCs and ban on imports, differences in commercial electricity tariffs at regional level, smuggling and all such problems were...