Page 2 - சந்தைப்படுத்துபவர்கள் சங்கம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Gov t is committed to CRM policy - Dr Abdul-Hamid - The Business & Financial Times
thebftonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thebftonline.com Daily Mail and Mail on Sunday newspapers.
Editorial: The One million jobs should have a clear plan
thebftonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thebftonline.com Daily Mail and Mail on Sunday newspapers.
Government is committed to implementing Cylinder Recirculation Model – NPA boss
modernghana.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from modernghana.com Daily Mail and Mail on Sunday newspapers.
FPCCI calls for equal tax on LNG
July 14, 2021
LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Senior Vice President Khawaja Shahzeb Akram on Tuesday called for equal taxation for imported and locally-produced liquefied petroleum gas (LPG) to provide local industry a level playing field.
“The FPCCI is not against the import of LPG. Still, it is against disparities in taxation,” he said while talking to the Pakistan LPG Marketers Association (PLPGMA) delegation at the FPCCI Regional Office Lahore.
LPG imports should continue until local producers meet the demand in full. Local industry was under tremendous pressure against imported LPG the latter had lower taxation and no regulatory duty. Therefore, the LPG sector needed immediate intervention and assistance from the government, he added.
Mr Igbinosun said, “Our association has been blocked from accessing authorities at the apex bank. We have applied for funds to resuscitate the dying natural rubber subsector but we are continually told that rubber is not the priority of the federal government. This is painful and tiresome.
“They said because rubber has a very long gestation period, therefore they have no funds to appropriate except for rice and other immediate economic crops that yield early enough.”
Igbinosun explained that rubber was so useful across households and businesses.
He said, “The health institutions depend on byproducts of rubber; our shoes, surgical gloves, mattresses, car tyres, name them, are all rubber. Yet they want to collectively kill the subsector. They should know that, ‘No Rubber, No Nation’.”