karachi-Karachi Chamber of Commerce and Industry has strongly criticised the issuance of SRO 351 (I)/ 2014 by Federal Board of Revenue.
Abdullah Zaki President KCCI said that the business community totally rejects this controversial SRO 351 (I)/ 2014 which has granted discretionary powers to Directorate General Intelligence & Investigation, Inland Revenue. Addressing a press conference former chairman KCCI Siraj Teli said that the entire business community of Karachi and other areas of the country stand united and they will continue to protest until this unjust and anti-business SRO 351 (I)/ 2014 is withdrawn.  Siraj Teli requested Federal Finance Minister Ishaq Dar to revisit SRO 351 (I)/ 2014 and hold a meeting with the business community next week so that they could get a chance to explain their reservations.
He further said that SRO 351 (I)/ 2014 will only intensify the hardships being faced by existing taxpayers whereas non-taxpayers will remain out of tax net. “SRO 351 (I)/ 2014 needs to be revisited and it should not be imposed on 900,000 existing taxpayers who are regularly filing their returns.
Former Presidents KCCI Majyd Aziz and AQ Khalil, Chairman Site Association of Industry, Younus M. Bashir, President Sukkur Chamber of Commerce and Industry, Abdul Fatah Shaikh and KCCI Managing Committee members also attended the press conference.