ICAP post-budget seminar on Wednesday

The southern regional committee of the Institute of Chartered Accountants of Pakistan (ICAP) is organising a post-budget seminar to be held on Wednesday, June 19, 2013 at a local hotel in Karachi. Ansar Javed, chairman, Federal Board of Revenue (FBR) will be the chief guest and SM Muneer, former president, Federation of Pakistan Chamber of Commerce & Industry and Chairman (FPCCI), Din Group of Industries, Shaikh Saqib Masood, FCA, chairman, taxation committee, ICAP, Ebrahim Yacoob Sidat, FCA, country managing partner, Ernst & Young Ford Rhodes Sidat Hyder, Syed Masoud Ali Naqvi, FCA, senior partner, KPMG Taseer Hadi & Co, SM Shabbar Zaidi, FCA, partner, tax services, AF Ferguson & Co, Riaz A Rehman Chamdia, FCA, chairman, southern regional committee, ICAP and Adnan Mufti, FCA, CPD convener, southern regional committee, ICAP will be speakers at the seminar.
In 2013, Pakistanis voted for change. This change is necessitated and deeply awaited in every sphere of life including; law and order, health facilities, provision of quality education, employment opportunities, access to justice, business environment and tax policies. Amid huge expectations from the masses, the new government in Islamabad tabled the federal budget 2013-2014 in the second week of June, 2013. During the recent past, the nation was bracing itself for heavy tax measures planned to be introduced by way of a presidential ordinance. While the financial press and rumour mill constantly releasing inside stories suggesting that such planned measures would be incorporated in the upcoming Finance Bill 2013, the business community expects bold but right decisions from the government this time, that are aimed at uplifting the sluggish business environment across the country. Therefore this year’s federal budget is certainly poised to mark an important national event.