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Mr. HAROON AKHTAR KHAN, SPECIAL ASSISTANT TO PRIME MINISTER ON REVENUE
CHAIRS ERGIONAL CONVENTION OF TRADERS FOR AWARENESS ON VOLUNTARY
TAX COMPLIANCE SCHEME 2016
Saturday 20th February, 2016
Regional Tax Office Faisalabad in collaboration with Faisalabad Chamber of Commerce & Industry
(FCCI) arranged a well-attended regional convention of members of Traders and Tax Bar
Associations from Districts of Faisalabad, Jhang, Toba Tek Singh and Chiniot at FCCI Auditorium,
Faisalabad
2. The convention was the most inclusive and broad-based colloquium on the Voluntary Tax
Compliance Scheme 2016 so far, as it was chaired by the Special Assistant to Prime Minister, Mr.
Haroon Akhtar Khan and attended by:-
i. Dr. Muhammad Irshad, Member (IR-Operations)
ii. Mian Abdul Mannan, Member National Assembly
iii. Rana Muhammad Afzal, Member National Assembly
iv. Mian Muhammad Idrees, Ex. President, Federation of Chambers of Commerce & Industries
v. Mr. Muhammad Nawaz, President, Faisalabad Chamber of Commerce & Industry
vi. Mr. Nadeem Mohsin, President All Pakistan Tax Bar Association
vii. Mr. Naeem Mir, General Secretary (Central), All Pakistan Traders Association
viii. Presidents as well as members of Trade and Tax Bar Associations of Faisalabad, Jhang, Toba
Tek Singh and Chiniot
ix. All officers of Regional Tax Office Faisalabad
x. Representatives of electronic and print media
3. The convention was opened by Mr. Muhammad Nawaz, President, FCCI who highlighted the
benefits of the scheme and urged the traders to file returns and pay tax under this regime. Afterwards,
Mr. Aftab Alam, Commissioner Zone-III gave a detailed presentation on various aspects of the
scheme alongwith comparison of tax applicable under normal regime and the VTCS 2016 for both the
new as well as existing taxpayers. This was followed by speeches from MNAs, representatives of
Trade and Tax Bar Associations (Central, Provincial and Regional) highlighting the continuous
consultative process between the government and traders regarding the scheme and the element of
unanimity and consensus achieved before its launching. Member (IR-Ops) discussed background of
the legislation in detail and apprised the audience of the incentives and short as well as long term
benefits of the scheme for the traders.
4. In his concluding address, Mr. Haroon Akhtar Khan, Special Assistant to the Prime Minister on
Revenue emphasized that the scheme offered a historic opportunity to traders for embracing the tax
system with minimal tax and enjoy benefits of being filer as well exemption from audit and
obligations as withholding agents. He also appreciated the efforts of FCCI and Chief Commissioner,
RTO Faisalabad in forging consensus among traders and clarifying certain ambiguities on part of
intending taxpayers.