ISLAMABAD: The United Business Group (UBG) of FPCCI Sunday lauded the moves of the business friendly government which infused confidence in the business community through various positive initiatives.
According to a press release here, the package for exporters worth Rs 180 billion and other moves would result in revenue shortfall to the tune of billions which should be bridged by paying taxes honestly, UBG, Zonal Chairman Naseem-ur-Rehman said.
He said that various relaxations had resulted in reduced cost of doing business that had added to the income of business community but no hike in tax collection was recorded which was discouraging.
Naseem-ur-Rehman said that business community should pay taxes properly otherwise government could reconsider giving incentives to it. He said that apart from the export package of Rs 180 billion, the government kept oil prices unchanged for months which resulted in an impact of Rs 150 billion.
Metrix Pakistan, a pioneering force in technology and innovation, reaffirmed its commitment to youth empowerment…
The All Pakistan Business Forum (APBF) has asked the government to announce special incentives for…
Turkmenistan is committed to complete the Turkmenistan–Afghanistan–Pakistan–India (TAPI) energy project together with the regional countries.…
Wheat prices in Punjab have plunged below PKR 3,000 per maund (approximately 37 kilograms) due…
The Federal Ministry of Industry and Production on Saturday constituted an 8-member committee to revive…
Federal Minister for Industries and Production Rana Tanveer Hussain on Saturday has condemned the unilateral…
Leave a Comment