ICCI presents its budget proposals to govt

26
Islamabad

The Islamabad Chamber of Commerce and Industry (ICCI) has presented its budget proposals to the government and stressed for incorporating the proposals in federal budget 2021-22 in order to facilitate the growth of business and economic activities in the country.

Chairing a meeting of the business community on budget proposals, Sardar Yasir Ilyas Khan, President ICCI said that the chambers of commerce and industry were the key stakeholders in the economy and urged the government to finalize the federal budget in consultation with their presidents that would help in boosting business and economic activities, said a press release issued by Ministry of Commerce here Friday.

Yasir Ilyas said that the highest slab of tax on rental income was up to 35 percent, which was putting extra burden on the taxpayers and urged that the government to reduce it to 10 percent that would promote tax culture, avoid tax evasionx.–APP