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Present recommendations on the budget proposals prepared by KATI to higher authorities and policy makers, Chief Commissioner Zubair Bilal

Syed Turab Shah by Syed Turab Shah
May 19, 2025
Present recommendations on the budget proposals prepared by KATI to higher authorities and policy makers, Chief Commissioner Zubair Bilal
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Karachi: Chief Commissioner Inland Revenue, Large Taxpayers Office (LTO) Karachi, Zubair Bilal has stated
that the salaried class can expect some relief in the upcoming federal budget and that the Federal Board of
Revenue (FBR) maintains a zero-tolerance policy against corruption. He made these remarks during his visit
to the Korangi Association of Trade and Industry (KATI), where he addressed a gathering of industrialists and
business leaders.
A large number of KATI members, including President Junaid Naqi, Senior Vice President Ejaz Sheikh, Vice
President Tariq Hussain, Standing Committee Chairman Tariq Malik, former presidents and chairman Farhan-
ur-Rehman, Ehteshamuddin, and Commissioner FBR Abdul Hafeez, were present at the meeting.
Zubair Bilal emphasized that the business community, under KATI’s leadership, should compile and submit
budget proposals to the tax authorities. ā€œWe will review the proposals, attach our recommendations, and
forward them to senior officials and policymakers to ensure the budget reflects the needs of the business
community,ā€ he said. He also announced that monthly meetings would be held at KATI to address industry
concerns through mutual consultation.

KATI President Junaid Naqi presents a shield to Chief Commissioner Inland Revenue Zubair Bilal. Tariq Malik, Farhan-ur-Rehman, Ejaz Sheikh, Syed Tariq Hussain, Hisham Razzaq, and Abdul Hafeez are also present.
He stressed that a successful tax policy is one that fosters business growth. ā€œWhen industries flourish, profits
increase, and tax revenue rises—ultimately benefiting the nation,ā€ he added. He acknowledged that
businesses currently face difficulties complying with the rules and regulations of 58 federal and provincial
agencies and assured the community of full support and accessibility.
Earlier, KATI President Junaid Naqi highlighted major concerns of the business sector, including the lack of a
comprehensive government policy and the pressure on existing taxpayers. ā€œDespite paying taxes, we face
years of recurring complaints, including arbitrary notices and threats of account freezes by FBR officers,ā€ he
said, demanding an end to corruption and more action to broaden the tax base rather than increasing the
burden on compliant taxpayers.
Naqi expressed strong reservations about the amended tax ordinance, particularly provisions that would
allow FBR officials to be stationed within industrial units to monitor production—calling it a serious violation
of constitutional rights. He warned that while the government increases tax targets to satisfy the IMF, the
burden falls entirely on current taxpayers who are already under immense pressure.
Standing Committee Chairman Tariq Malik called for digitization of the tax system to ensure transparency
and quick resolution of complaints. ā€œThose who evade taxes must be held accountable, but the FBR often
treats genuine taxpayers as if they are part of the problem,ā€ he said. Malik emphasized that only a small
segment of the business community is involved in tax evasion and that KATI does not support such elements.
Former Presidents and Chairmen Farhan-ur-Rehman and Ehtishamuddin, along with Senior Vice President
Ejaz Sheikh and other KATI members, also addressed the gathering.

Syed Turab Shah

Syed Turab Shah

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