Home / Chambers of Commerce / Traders reject energy conservation, tax collection measures Government steps disastrous for country, fatal for economy Millions to face unemployment, situation to trigger unrest, extremism

Traders reject energy conservation, tax collection measures Government steps disastrous for country, fatal for economy Millions to face unemployment, situation to trigger unrest, extremism

Islamabad: Trading community of the capital on Tuesday rejected the measures aimed at energy conservation and boosting tax collection terming it disastrous for country and fatal for economy.

The prevailing tough situation is direct result of the incompetency of government while measures announced by the authorities amounts to economic annihilation of the business community, said leaders of Traders Welfare Association (TWA).

Speaking at a hurriedly called Malik Sagheer Ahmed, Chairman TWA and Malik Sohail Hussain, President TWA, said that energy conservation measures and new income tax forms will result in massive unemployment which will trigger unrest as well as extremism.

They said that business community and masses are not ready to pay the price of incompetence of the government functionaries.

Malik Sagheer and Malik Sohail said that decisions taken by the baboo shahi without consulting stakeholders have proved useless in the past and it will not work in the future.

Trade leaders of the federal capital’s commercial district said that those who have always cheated trading community and ditched them for personal interests have now formed a new group in the name of All Traders Welfare Association.

They have a controversial and partial executive board, it lacks any constitution, election schedule and have failed to publish voters list so that it can be scrutinised, they said.

The business leaders said that rejected elements have formed such groups in past to derail business community but now they stands unmasked therefore they have lost any support.

The TWA officials announced full support to the Capital Unity Group in the upcoming elections and vowed to continue struggle for a just tenancy act, residential and educational projects, dispensary and proper parking place in the Blue Area.

Traders present at the occasion said that they have full faith in the leadership of Sagheer, Sohail and Syed Amin Pirzada.

They said that they will support all the contestants of Capital Unity Group that include Syed Nadeem Mansoor running for post of President, SVP Zahid Qureshi, Gen. Sec. Shakil Aziz, VPs Liaquat Ali Noon, Haji Naeem, Yusuf Rajput and Ch. Arshad, Joint Secretary Imran Bokhari, Secretary Finance Salman and Secretary Information Intikhab Abbasi.

Leaders and members of other associations present on the occasion also promised to support TWA in the elections. They also included Hafiz Imran Abbasi, Zafar Abbasi, Aqeel Abbasi, Imran Abbasi, Shafique Abbasi and Ghufran Abbasi who represented traders hailing from hilly areas like Murree, Hazara and AJK.

They said that some elements have always tried to create rifts among the ranks of traders but now their efforts will frustrate as trading community is alive and they know about the services rendered by Malik Sagheer and Malik Sohail for the betterment of the community.

For more information, contact:
Muhammad Raza Khan,
Chairman Coordination,
Federation of Pakistan Chambers of Commerce and Industry (FPCCI)
FPCCI, Capital Office, Islamabad,
Former President, Haripur Chamber of Commerce,
Founder President, Islamabad Chamber of Commerce.
Tel: FPCCI +92-51-2251891-3. Fax +92-51-251894
Tel: Business +92-51-4434200-5. Fax +92-514434203

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