Federal govt to start tax refund to traders soon: President Mamnoon

Government of PakistanFederal govt to start tax refund to traders soon: President Mamnoon

ISLAMABAD, Pakistan: President Mamnoon Hussain on Friday said that the federal government would soon start the refund of taxes to the traders to enhance their trust in the government institutions enabling them to pay more taxes for public welfare projects.

Talking to a traders’ delegation led by Malik Umar Din at Aiwan-e-Sadr in Islamabad, the president said infrastructure of Karachi’s industrial zone would be improved so that the investors could invest their capital more.

The president said Karachi was the biggest commercial hub of Pakistan and the confidence of the investors and traders had boosted after the improvement of the law and order in the city.

President Mamnoon said projects being funded by the federal government were being executed swiftly and hoped that Green Line Bus Service project would be completed soon. The bus project would benefit millions of the people of Karachi, he added.

Mamnoon Hussain said the traders community was a backbone of the national economy and the federal government was exploiting all out resources to resolve traders’ issues.

The president told the delegation that the government was taking serious steps to stabilize the local industry.

Moreover, he said China Pakistan Economic Corridor (CPEC) was in the interest of both Pakistan and China and assured the traders that no step would be taken under CPEC to negatively affect the local industry.

The president said the Pakistani traders would be given equal representation in the industrial zones to be established under the economic zones of the CPEC.

The head of the delegation Malik Umar Din apprised the president on the issues confronting the traders community and appreciated the efficient steps being taken by the government for promotion of trade and industry.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

PM Sharif in Cop29 and Lahore at death bed in Mayo Hospital

PM Shehbaz Sharif in Cop29 Baku and Lahore in ICU in Mayo Hospital

0
Prime Minister Shehbaz Sharif in Baku discussed setting up an internationally-determined contributions (IDC) framework to redefine the global climate funding mechanisms.Addressing a roundtable discussion...
Banking scams, Cybersecurity and the usage of VPN in Pakistan

Banking scams, Cybersecurity and the usage of VPN in Pakistan

0
DND ReportHave you already been a victim of data theft from your cell phone? Have you already lost your hard-earned money from your bank...
There is no harm to change strategy in Balochistan to bring the peace

There is no harm in changing strategy in Balochistan to bring peace

0
DND ReportThere is no doubt left that Quetta Railway Station's suicide bombing targeted personnel of security forces who were leaving Quetta for their homes....

Fight against terrorism requires support of all Pakistanis, believes COAS Gen Asim Munir

0
Quetta, Pakistan:  COAS Gen Asim Munir has said that the fight against terrorism requires the support of all Pakistanis.COAS highlighted that terrorism will never...
The hidden linkages among BLA, TTP, and PTI

The hidden linkages among BLA, TTP, and PTI

0
Islamabad, Pakistan: Another targeted suicide bombing in Quetta (Railway Station) has confirmed again that enemies are not sitting idle and they do not miss...
Advertisement