Political stability imperative for sound economy tribune.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribune.com.pk Daily Mail and Mail on Sunday newspapers.
UBG to fulfil business community’s expectations
July 20, 2021
Islamabad:SM Munir, Patron-in-Chief United Business Group, has said that in the current economic conditions PM Imran Khan is striving hard to boost the economy of the country. He said that the improvement of the economic condition of the country has begun to emerge significantly and in the next few years Pakistan would emerge as a strong economic and political power in the region. He expressed these views at dinner hosted by Zafar Bakhtawari, secretary general UBG, says a press release.
Moreover, he said that Pakistan’s exports have started increasing and it would be a good sign for the development and prosperity of the country. He further said that he will use his all capabilities and efforts to solve the problems of the business community.
LSM sector grows 14.57% in 11 months
Maintains uptrend on back of government’s pro-growth policies
KARACHI:
Large industries like textile, food, automobile, and petroleum oil industry have maintained growth momentum in the wake of the government’s pro-growth, industrial-friendly and export-oriented policies.
The large-scale manufacturing sector’s (LSM) output grew 14.57% in the first 11 months (Jul-May) of the fiscal year ended June 30 compared to a negative growth of 10.32% in the same period of last year, the Pakistan Bureau of Statistics (PBS) reported on Tuesday.
Ten large industries, out of total 15 listed in LSM sector, posted surge in production in the 11 months under review including textile, food, beverages & tobacco, coke & petroleum products, pharmaceuticals; chemicals, non-metallic mineral products, automobiles, iron & steel products, fertiliser and paper and board.
‘Taxes should be collected from traders amicably’
June 30, 2021
Islamabad: Senator General (r) Abdul Qayyum has said that tax collection from traders should be done not by fear or force but by understanding and getting their support. He expressed these views while addressing the participants of the dinner hosted by Project Solution Chairman Sheikh Nasir Ali and CEO Ejaz Sheikh in honor of Zafar Bakhtawari, newly elected secretary general of united business group Pakistan, says a press release.
Zafar Bakhtawari, newly elected Secretary General of United Business Group (UBG), said that the addition of section 203A in income tax act to give arrest power to income tax officer for income tax as see will not promote the healthy and friendly business culture in Pakistan. The business community of Pakistan would continue their struggle against this law which is not in the best interest of the country and economic future of Pakistan. He further stressed that UBG platform will be used
Empowering ITOs to mar commercial activities thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.