ISLAMABAD–Islamabad Chamber of Commerce and Industry has welcomed the decision of the Capital Development Authority to stop contractors from collecting sign board tax from traders and deploy its own staff to collect this tax from shopkeepers in cooperation with market unions.
Muzzamil Hussain Sabri President, M. Shakeel Munir Senior Vice President and M. Ashfaq Hussain Chatha Vice President, Islamabad Chamber of Commerce and Industry said contractors were misbehaving with traders while collecting board tax and they thanked Maroof Afzal Chairman and Amir Ali Ahmed Member Administration CDA for accepting ICCI proposal for collection of sign board tax from traders through CDA staff. The board tax would be collected at the agreed rate of Rs.60/sq yard.
They said the decision would greatly facilitate especially small traders who were facing difficulties from contractors.
They said the contractors would collect board tax from multi-nationals while traders would pay board license fee to CDA staff only. If anyone has any reservations to this decision, he could approach the Director Municipal Administration CDA for redress.
The 2018 Boao Forum for Asia (BFA) annual conference is scheduled for April 8 to 11 in Boao, Hainan Province. The forum will be themed "An Open and Innovative Asia for a World of Greater Prosperity."
— The Daily Mail - People's Daily