Lahore: Participants of a convention at the Lahore Chamber of Commerce and Industry (LCCI) have stressed the need for the government to improve the taxation system by making it simple and business-friendly, a news source reported. They reiterated that such measures will also help broaden the tax base.
The convention was chaired by LCCI acting president Khawaja Shahzad Nasir. The participants of the convention also emphasised the need for reformation of the taxation system based on ground realities and stressed the need for consultation with the relevant stakeholders. Only such policies and reforms will bring the desired results.
The people who attended the convention were of the opinion that dual taxation should also be ended and the system harmonised.