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Business

Sialkot Chamber, PRA chairman discuss tax matters

PRA intensifies province-wide enforcement for E-IMS
LAHORE, Oct 28 (APP):Sialkot Chamber of Commerce and Industry SCCI) delegation, led by its President Khawar Hussain Pal, held a detailed meeting with Punjab Revenue Authority (PRA) Chairman Moazzam Iqbal Sipra here at PRA Headquarters on Wednesday.
The meeting focused on Punjab Sales Tax on Services laws, tax procedures, payment mechanisms, and issues faced by the business community. Discussions also covered raising awareness among businesses about tax regulations and payment procedures, making the tax system simpler, more transparent and business-friendly, and strengthening coordination to address tax-related concerns.
Speaking on the occasion, PRA Chairman Moazzam Iqbal Sipra said, the cooperation of chambers of commerce was essential for expanding the tax net and promoting voluntary tax compliance. He emphasized that building mutual trust with the business community was a key priority for effective implementation of the digital tax system and greater transparency in tax matters.
Sipra said that promoting a tax culture, facilitating businesses and ensuring greater transparency in the tax system were among the priorities of the Punjab government. He stressed the importance of effective cooperation between relevant government institutions and trade organizations to resolve business-related issues and ensure compliance with tax laws.
During the meeting, both sides agreed to make joint efforts for the immediate registration of unregistered businesses and expansion of the tax net.
Sialkot Chamber’s leadership also invited PRA Chairman Moazzam Iqbal Sipra to visit their Chamber.

Source: APP (Associated Press of Pakistan)