Trade Bodies, FBR Discuss Budget Proposals

Author: APP

ISLAMABAD: Office-bearers and representatives of various trade associations met the Federal Minister for Revenue, Haroon Akhtar Khan here at FBR House to discuss with him various proposals aimed at further facilitating the business community and boosting government revenues.

Those who met the Minister included office-bearers and representatives from the Pakistan Tyres and Tubes Manufacturers Association as well as other trade bodies, according to FBR press statement. The meetings were part of an extensive consultative process initiated by Haroon Akhtar Khan and his team at FBR to have a first-hand understanding of the issues and concerns of the business community ahead of firming up and finalizing tax proposals for the next year budget.

The representatives of the Pakistan Tyres and Tubes Manufacturers Association briefed Haroon Akhtar Khan on what they described the anomalies in the taxation regime governing the tyre industry. The presented their proposals to the Minister for providing the industry a level-playing field and further boosting growth. They told the Minister the industry was doing considerably well, not only meeting a major share of the local market but also exporting their products abroad because of their competitive prices and better quality.

Haroon Akhtar Khan told them that FBR would sincerely look into their issues and concerns and their proposals for redressing the situation would be considered for inclusion in the next year’s budget. “The government is determined to come up with a pro-industry and pro-investment budget before ending its term on a successful note,” he said.

Published in Daily Times, January 28th 2018.

Share
Leave a Comment

Recent Posts

  • Pakistan

Internet and mobile services to be suspended ahead of PTI protest

The federal government is reportedly planning a partial suspension of internet and mobile phone services…

3 hours ago
  • Business

Diamond Paints Honored at Corporate Philanthropy Awards 2024

Islamabad, November 19, 2024 – Diamond Paints, Pakistan’s No.1 paint brand, proudly received two prestigious…

3 hours ago
  • Cartoons

TODAY’S CARTOON

5 hours ago
  • Editorial

Battles and Bottlenecks

On Tuesday, in a high-level huddle, the government announced a comprehensive and result-oriented military operation…

5 hours ago
  • Editorial

Economy and Equity

The economy is showing signs of improvement due to government initiatives and measures taken to…

5 hours ago
  • Op-Ed

Pakistan Climate Change and COP29

Climate change is one of the most significant environmental challenges facing the world. Greenhouse gas…

5 hours ago