Lahore:– The business community on Sunday expressed concern over plan of the govt to impose Rs500 billion new taxes in the upcoming budget. Masses as well as the business community will never accept new taxes as it will open floodgates for corruption and inflation. Shahid Rasheed Butt said that government should not burden masses, rather it should initiate reforms in the FBR to boost revenue by trillions. The countries that accorded autonomous status to their tax authorities have seen growth of 40 to 120 percent in the collection therefore Pakistan should do the same, he said.–Staff Reporter