New IT policy rejected

Published August 13, 2003

SUKKUR, Aug 12: All Pakistan Organization of Small Traders and Cottage Industries co-chairman Mohammad Haroon Memon has said traders of the country have rejected the new income tax policy for 2003-2004.

In a statement issued here on Tuesday, he said according to the new tax policy, traders were required to keep a proper record of their business which was not possible for small traders.

The organization has announced that traders will not submit their income tax documents this year and will move the government to withdraw the new policy.

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