Lahore: A delegation led by Khawar Hussain Pal, the newly elected President of the Sialkot Chamber of Commerce and Industry, met with Moazzam Iqbal Sipra, Chairman of the Punjab Revenue Authority, at the PRA headquarters to discuss significant tax reforms.

According to Directorate General Public Relation – Govt of Punjab, the meeting focused on the Punjab Sales Tax on Services laws and explored ways to simplify tax procedures and payment mechanisms. Both parties discussed the challenges faced by the business community and emphasized the need to raise awareness about tax regulations. The discussions aimed at creating a more transparent and business-friendly tax system while addressing tax-related concerns through enhanced coordination.

PRA Chairman Moazzam Iqbal Sipra highlighted the essential role of chambers of commerce in expanding the tax net and promoting voluntary tax compliance. He underscored that building mutual trust with the business community is crucial for the effective implementation of a digital tax system and achieving greater transparency in tax matters. He further stressed the importance of collaboration between government institutions and trade organizations to resolve business-related issues and ensure compliance with tax laws.

The meeting concluded with an agreement to make joint efforts towards the immediate registration of unregistered businesses and the expansion of the tax net. The Sialkot Chamber of Commerce leadership extended an invitation to PRA Chairman Moazzam Iqbal Sipra to visit their Chamber, signaling ongoing cooperation between the two entities.