LAHORE:A delegation of Lahore Chamber of Commerce and Industry (LCCI) here Monday held a meeting with Punjab Revenue Authority (PRA) Chairman Moazzam Iqbal Sipra to discuss issues faced by freight forwarders and matters relating to taxation.
The meeting focused on addressing challenges faced by the business community and exploring measures to improve the tax system.
Members of the delegation assured the Chairman that LCCI would support PRA in promoting business registration and expanding the tax net.
PRA Chairman Moazzam Iqbal Sipra said that efforts would be made to further strengthen guidance and facilitation for the business community regarding sales tax on services. He highlighted that digital systems were being used to enhance convenience, transparency and effective monitoring of tax-related matters.
He emphasized that suggestions from stakeholders would be given due importance to make the tax system more business-friendly. Cooperation from the business community, he added, was essential for expanding the tax net and improving compliance with tax laws.
The Chairman also directed that special awareness sessions be organized to educate the business community about tax laws and procedures.
He further stated that the Government of Punjab was taking practical measures to facilitate business activities and improve the efficiency of the tax payment process.