PPP Punjab expresses it total solidarity with the traders’ community and supports its strike of 1st and of 5th of August to press for their demand of withdrawal of with-holding tax, said Mian Manzoor Ahmed Wattoo, President PPP Punjab, while talking to a delegation that called on him at the PPP Punjab Secretariat here today.The delegation was led by Suhail Milk, Vice President PPP, consisting Nadir Khan, zonal president and ticket holder,Waheed Qureshi,Arif Khan,qaiser Mustafa,Chaurdhry Sadiq,Imran Athawal and Muhammad Hussain.
Mian Manzoor Ahmed Wattoo said that the government was contemplating the economic genocide of the small traders but the PPP would scuttle their malevolent designs because it always stood with the victims and against the tyrannical forces.
He added that PPP considered the small traders as its constituency and would not leave it at the mercy of the hostile circumstances created by the government of the day.
He regretted the generosity of this government as it gave hundreds of billions of rupees exemption in custom duties to the big industrialists but its parsimonious against small traders at the cost of their vital interests was unforgiving.
He advised the government to concentrate on broadening the tax net instead of levying new taxes on traders whose capacity to pay in this count was grossly limited.
He anticipated that if the government did not withdraw the tax it would embolden money laundering and flight of capital leading to shake the foundations of the country’s economy.
He also asked the government to plug the loopholes of corruption in the FBR that was causing hundreds of billions of rupees to the public exchequer. It is embarrassing and indeed cast aspersions on FBR’s performance because Tax-GDP ratio of 9% in Pakistan is the lowest among the countries of this region.
He urged the government instead of wasting time in setting up committees to look into the matter it should withdraw the withholding tax that was being deemed by traders’ community as a type of official extortion.
https://ppppunjab.wordpress.com/2015/08/02/ppp-supports-strike-call-of-traders-mian-manzoor-ahmed-wattoo%e2%80%8f/
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