LAHORE: In line with Supreme Court of Pakistan’s orders, the Lahore Chamber of Commerce and Industry on Wednesday took another historic initiative by issuing its membership form in Urdu.
The form in Urdu is easy to understand and would enable small businessmen to get it done without any external help. The LCCI president Sheikh Muhammad Arshad said that during his election campaign, he had promised with the members to issue membership form in Urdu. He said that the Lahore Chamber of Commerce & Industry has become the first Chamber in country that has converted its one of the major documents in national language Urdu.
“If we want to get economic stability, we must have to assert ourselves as a nation” the LCCI President said. Sheikh Muhammad Arshad said that the LCCI membership form in Urdu would enable its member to learn the process of membership quite easily.
He said that the Lahore Chamber of Commerce & Industry is the only Chamber of the country which has implemented orders of Supreme Court of Pakistan in true sense of word.
The LCCI president urged the Federal Board of Revenue to issue income all tax related documents in our lucid language Urdu to make tax system simple and easy to understand for the business community.
He said that Tax Return Form should be in the national language and contain only one page so that everyone can understand it easily and can perform his national obligation.
Sheikh Muhammad Arshad said that due to difficult and complex tax documents in English language, the majority of traders fail to understand which affects the efforts of the government for expansion of tax net.
He said that if Federal Board of Revenue takes this initiative immediately, it would not only strengthen the public-private relations but would also help expand the tax net as businessmen would understand tax documents in a better manner and would come into the tax net voluntarily.