ACCA Pakistan Deliberates on the Budget 2013-14

Online, May 6, 2013 (Newswire.com) - ACCA Pakistan in collaboration with Islamabad Chamber of Commerce and Industry (ICCI) organised a pre-budget discussion in Islamabad on 3 May 2013 with an aim to contribute its efforts towards healthy fiscal measures in the country.

The event commenced with welcome remarks from Mr Malik Mirza, CFO, U Microfinance Bank and Chairman, Members Network Panel, ACCA Pakistan, who discussed three broad policy recommendations for FBR which included more fairness in the system, certainty and lastly pointed out that the burden of tax payments should be shared by all people and across all sectors.

ACCA Budget proposals were shared by Munir Malik, Member Fair Taxation Subcommittee, Members Network Panel, ACCA Pakistan and financial controller, Premier Oil. ACCA deliberated on three broad policy recommendations for FBR which included more fairness in the system, certainty and lastly pointed out that the burden of tax payments should be shared by all people and across all sectors. Munir said, "The upcoming budget has to show the resolve, the vision and a sense of direction for the future course of economy."

President ICCI, Mr Zafar Bakhtawri gave the keynote address about the recommendations and supported the initiative by ACCA Pakistan. Ms Ayla Majid, Director Business Advisory Services, Khalid Majid Rehman Chartered Accountants and an active ACCA Member gave the commentary on the current monetary and fiscal policy. The chief guest, Aftab Ahmad, chief commissioner Rawalpindi gave his observations about the proposals.

The seminar concluded with a vote of thanks from Noorulain Zafer, Manager Marketing and Student recruitment, ACCA Pakistan and was attended by economists, employers and members from the financial fraternity.

ENDS