Seminar on "Current Issues in Taxation Laws" organized by Society for Enforcement of Rule of Law in Collaboration with Konrad Adenauer Stiftung.
ISLAMABAD -- The aim of the Rule of Law Program is to strengthen the legal structures of Pakistan which will ultimately strengthen democracy. resident representative Konrad Adenauer Stiftung (KAS). ronny Heine said this while speaking at the seminar "Current Issues on Taxation Laws" held by the Society for Enforcement of rule of Law, in collaboration with the KAS.
The seminar was held under the aegis of the rule of Law program being implemented by the KAS for the last two years. resident representative KAS added further that "Being Lawyers and judges you can play an important part in upholding and promoting taxation as ultimately it will benefit all the citizens of Pakistan".
The seminar was conducted in the light of the budget 2013-14. Chief Guest Jawaid Masood Tahir Bhatti, Chairman, Income Tax Appellate Tribunal on the occasion informed the audience that several litigators find taxation law very technical and hard to handle. Therefore, he said, KAS and Germany are doing a great service to the people of Pakistan by sponsoring this seminar. He also said that taxes play a very crucial role in the development of an economy and are a major source of Governments for meeting their expenditures.
The KAS is a political foundation from Germany and working in Pakistan since 2008. The aim of the foundation is to promote democracy, rule of law and free social market economy. KAS has organized several seminars on contemporary legal issues under the rule of Law Program. During this seminar on new budget, it was felt that the people of Pakistan and the legal fraternity in particular must understand the shortcomings in the taxation system of Pakistan.
Mr. Mian Iqbal Naeem, Ex-Chairman federal Board of revenue highlighted the fact that there is no mention of increasing the tax net in budget 2013-14. He emphasized that there is a small minority in Pakistan that pay their taxes and raising of the tax rate has put more burden on their shoulders where as increasing the tax net will distribute this burden and across the board and will make it easier for all people to pay their taxes.
Trophies and certificates were distributed amongst the participants and the occasion while KAS on the occasion pledged to hold more such interactive seminars on important legal issues.
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|Publication:||The Diplomatic Insight|
|Date:||Aug 31, 2013|
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