Federal Minister for Finance and Revenue Miftah Ismail on Wednesday expressed the government’s resolve to promote business activities and facilitate the business community to achieve sustainable growth. He made the remarks while talking to a delegation of Pakistan Hosiery Manufacturers and Exporters Association (PHMA), headed by its Chairman Mian Kashif Zia, according to a statement issued by the Finance Division. The minister assured the delegation of resolving their issues on a priority basis. He also asked the PHMA to enhance the export base. Earlier, the delegation members apprised the minister of their concerns related to taxation, refund of sales tax, electricity and gas tariff. Issues pertaining to the response of commercial banks to the opening of LCs, Drawback of Local Taxes and Levies (DLTL) scheme and Pakistan Single Window (PSW) were also discussed in the meeting.
Published in The Express Tribune, August 11th, 2022.