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Stability of economy depends on efficient tax collection system

Stability of economy depends on efficient tax collection system July 2, 2021 SUKKUR: Speakers at a webinar said on Thursday that stability and progress of the national economy depends on an efficient tax collection system based on justice and covering all income groups. They called for reducing non-development expenditures, increasing exports and reviving sick industries. The webinar, organised by the Sindh University s Pakistan Study Centre in collaboration with the Islamia University Bahawalpur, was presided over by Vice Chancellor University of Sindh Professor Dr Muhammad Siddique Kalhoro. In his remarks, the vice chancellor said the webinar on tax reforms had raised the participants understanding regarding the tax system and the new initiatives taken by the government. He said these initiatives will further contribute to improving the tax system and the overall documentation linked with the economy.

Comstech launches scholarship programme for Palestinian students

CDWP clears Rs38bln development projects

CDWP clears Rs38bln development projects Business May 28, 2021 ISLAMABAD: Central Development Working Party (CDWP) on Thursday cleared 13 socioeconomic development projects with a total cost of Rs38 billion. Projects related to education, energy, health, higher education, industries and commerce, physical planning and housing and water resources were considered in the meeting. Planning Commission Deputy Chairman Jehanzeb Khan and representatives from provincial governments participated in the meeting. A project related to education presented in Gwadar worth Rs1.8 billion was approved in the meeting. The main objective of the project is to provide quality education to the residents of the area. Another project related to energy, “hiring of consultancy services for development of strategic underground gas storage” worth Rs1.8 billion was also approved.

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