LCCI to continue with businessmen facilitation

LAHORE: Lahore Chamber of Commerce & Industry will continue to play role as facilitator for the business community and leave no stone unturned for early solution of the issues being faced by the trade and industry.

LCCI President Sheikh Muhammad Arshad and Vice President Nasir Saeed expressed these views, while speaking at the meeting of Standing Committee of Trade & Market Associations here at the Lahore Chamber on Monday.

Convener of the Standing Committee Mujahid Maqsood Butt also spoke on the occasion.

Sheikh Arshad said that Lahore Chamber of Commerce & Industry was taking up the issue of traders at all forums and it is also in continuous liaison with the government on the issue of withholding tax on banking transactions and this issue is to be resolved soon.

He also urged the Federal Board of Revenue to stop conducting raids on the business premises as these are creating unrest among business community, adding that businessmen should be given due facilitation and for the purpose, the LCCI would continue to play its role proactively.

He added, “The LCCI is working on various economic fronts and will forward a set of comprehensive recommendations to the government for revival of economic activities in the country in general and in the province of Punjab in particular.”

The LCCI President said the Lahore Chamber had already started spade work to this regard and fast holding meetings with trade and industrial associations to gather the challenges being faced by them and their impact on economic activities.

He said, Federal Board of Revenue would not be able to achieve its revenue target without providing a business-friendly atmosphere to the business doing people.

While, Nasir Saeed said that during their meetings with a number of trade and industry associations, they came across quite a few issues that could be resolved only through facilitation to the business community.

He said that problems like traffic mess, encroachments, infrastructure development and law and order need to be tackled on urgent basis as these are hampering the business activities.

He mentioned that Lahore Chamber had already appealed to the government for the simplification of taxation procedures and expansion in the tax net.

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