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Hardware Merchants Association delegation visits Federation of Pakistan Chambers of Commerce and Industry

Islamabad: A delegation from the Pakistan Hardware Merchants Association visited the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Head Office on Saturday, April 14, 2012 and held a meeting with Sheikh Shakil Ahmed Dhingra, Acting President FPCCI to discuss matters of mutual interest; in particular, the harassment of hardware merchants by FBR officials and enforcement of SRO 191 with effect from March 1, 2012.

The delegation was led by Mr. Tariq Rasheed, Central Vice Chairman PHMA. Other members of the delegation were Mr. Iftikhar Ghani Vohra, Mr. Nadeem Kushtiwallah, Mr. Zahid Umar, Mr. Arshad Magoon, and Mr. Qamar Magoon. Also present on the occasion were Mr. Dawood Usman Jakhura, Mr. Ebrahim Panwalla, Mr. Nasiruddin Shiekh and other prominent businessmen. Sheikh Shakil Ahmed Dhingra informed the PHMA delegation that FPCCI acts as a liaison body between the business community of the country and the Government of Pakistan.

FPCCI has taken up the issue of harassment with FBR, and the Chairman FBR has assured FPCCI that prior to taking any action against the businessmen, FPCCI would be taken into confidence. He urged PHMA to form a committee to identify the genuine cases of misappropriation, so that action may only be taken against defaulters/evaders. Mr. Dhingra stressed that the business community of Pakistan wants to increase the tax base, and does not support malpractice and tax evasion. However, FPCCI, being the apex trade body, would always work to address genuine grievances of legitimate businessmen. With regard to enforcement of SRO 191, Mr. Dhingra said that this is against the decision taken in the Business Persons Council (BPC) meeting held under the chairmanship of Dr. Abdul Hafeez Shaikh, Federal Finance Minister on April 5, 2012 wherein it was unanimously decided that SRO 191 would be suspended until the formulation of an alternative new business-friendly proposal by the BPC Committee constituted for this purpose.

He said that he has already issued a press release in media and has also sent a written representation to the Chairman FBR. He stressed that all businessmen of Pakistan are united on this issue and would speak with one voice to the Government of Pakistan. However, if this SRO was not withdrawn, then the business community would resort to protests, including the possibility of total shutter-down strikes.

For more information, contact:
Syed Masood Alam Rizvi
Secretary General
Federation of Pakistan Chambers of Commerce and Industry (FPCCI)
B-1, Federation House, Main Clifton Road, Shahra-e-Firdousi,
Karachi-75600, Pakistan
Tel: +9221 3587 3691
Fax: +9221 3587 4332
Email: info@fpcci.com.pk

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