ISLAMABAD: Minister for Finance and Revenue Miftah Ismail has reiterated the government’s resolve to take every required step to facilitate and support the business community.

He was talking to a delegation of Markazi Tanzeem-e-Tajaran Pakistan that called on him here in Islamabad on Monday. The delegation apprised the Finance Minister of the issues being faced by the business community especially related to taxation on electricity bill and requested him to resolve their issues.

Acknowledging the contribution of business community in the economic development of the country, the Finance Minister addressed their apprehensions regarding taxation and assured them that their issues will be resolved. Meanwhile, in a tweet, the Minister for Finance and Revenue Miftah Ismail said the government is taking steps to satisfy the small traders with the new tax law.

He said Prime Minister Shehbaz Sharif has already instructed him to ensure that small traders are completely satisfied with the new tax law. The Finance Minister said in order to satisfy the small traders, the government will exempt shops with bills of less than 150 units from this tax.

He said the government will charge three thousand rupees even to those shopkeepers who are not registered with the Federal Board of Revenue (FBR). He said the tax paid will be full and final and no tax notice will be issued to shopkeepers nor FBR officers will visit their shops.