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President seeks Business Community’s role in maximizing tax collection

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PESHAWAR, Pakistan: President Dr. Arif Alvi has emphasized the Business Community to play their role in encouraging businessmen to pay all taxes which would help in reducing the trade deficit and allocation of more funds for the development projects.

In a meeting with the Business Community of Khyber Pakhtunkhwa at Governor’s House in Peshawar on Tuesday, the president said that the present government was committed to provide a competitive and fair business environment to the Business Community.

The president said that a historic stimulus package of Rs 1.2 Trillion was given as economic relief to the Business Community and poor strata of the society during the COVID-19 pandemic.

The meeting was attended by the Governor Khyber Pakhtunkhwa Shah Farman, the former President Federation of Pakistan Chambers of Commerce & Industry (FPCCI) Ghazanfar Bilour, the President Sarhad Chamber of Commerce & Industry (SCCI) Sherbaz Ilyeas Ghazanfar, and other Office Bearers of the Chamber.

The Business Community appreciated the government’s steps during the COVID-19 pandemic for the protection of businesses in Pakistan. They also admired steps being taken for the promotion of regional trade.

They also briefed the president on the economic benefits and potentials of trade with the Central Asian States via Karachi & Gwadar seaports.

The president underscored the need for utilizing the trade potential and opportunities available in the Tourism and IT Sectors.

President Arif Alvi urged the Business Community to establish better communication with the government and provide their input for pro-business initiatives. He said that the Country had favourable business environment for the investors and ease of doing business reforms were steps in this direction.

The president also said that peace in Afghanistan would help the regional trade and the Khyber Pakhtunkhwa province would be the first to receive the benefits of Afghan peace.

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.

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