KARACHI: A delegation from the Korangi Association of Trade and Industry (KATI), headed by President Sheikh Umer Rehan, engaged in discussions with Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial to deliberate on strategies for promoting exports, digitalizing the tax system, and addressing various industrial challenges, including anti-smuggling measures.
According to Korangi Association of Trade and Industry, the meeting included prominent figures such as KATI Senior Vice President Syed Farrukh Ali Qandhari, Vice President Nasir Sheikh, and other industry leaders. FBR representatives, including Member Inland Revenue Operations Zubair Bilal and Member Customs Operations Wajid Ali, were also present to address concerns raised by the KATI delegation.
Chairman Langrial emphasized the importance of enhancing the international presence of Pakistani goods to boost national exports. He revealed plans for the FBR to engage with major exporters to identify and resolve barriers to export growth. The chairman also highlighted ongoing efforts to digitize the tax system and implement automated processes to incorporate non-filers into the tax network. Additionally, the suggestion to establish WhatsApp groups was made to facilitate better communication between the FBR and the business community.
KATI President Rehan underscored the need for digital invoicing reforms and called for the simplification of regulations to alleviate difficulties faced by industries. The meeting concluded with assurances from the FBR to address the concerns and implement necessary measures to support industrial growth.