Small chamber of commerce to boost economy

Karachi: Chairman Sindh Tajir Ittehad Jamil Ahmed Paracha has said that a bill have been approved for establishing Small Chamber of Commerce. Addressing a press conference ay Karachi Press Club on Saturday, he said small traders had been struggling for setting up Small Chamber of Commerce for last thirty years. He thanked President Asif Ali Zardari and MQM Leader Altaf Hussain to fulfil this outstanding demand of small traders.

He said reason to establish Small Chambers of Commerce is to bring more than 8 million small traders in tax net, besides to help and support small traders. He said National Tax Number and Tax Returns will be mandatory to get the membership of Small Chamber of Commerce.

Jamil Paracha said small traders play an important role in development the national economy. He said the setting of these chambers would almost double tax recovery. MQM leader Khawajah Sohail Taswar and other small traders were present.