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Promotion of industry key target for CPEC: Asim Bajwa


June 11, 2021
ISLAMABAD: China Pakistan Economic Corridor (CPEC) Authority Chairman Lieutenant General (R) Asim Saleem Bajwa on Thursday said all-out efforts are being made to speed up industrialisation under CPEC a flagship project of the Belt and Road Initiative.
Promotion of industry is a key target for CPEC which is imperative for the economic development revenue enhancement and job creation, he said.
Asim Saleem Bajwa said private investors would be encouraged for joint ventures, however, the maximum focus would be on the industries that could support import substitution or boost exports. He was talking to a delegation of leading industrialists of Islamabad, led by ICCI President Sardar Yasir Ilyas Khan. President Islamabad Industrial Association (IIA) Tariq Sadiq, Senior Vice President IIA Omais Khattak, Khalid Javed, Sheikh Amir Waheed, Chief Coordinator IAA Malik Sohail Hussain were also present at the occasion. ....

Yasir Ilyas Khan , R Asim Saleem Bajwa , Sheikh Amir Waheed , Khalid Javed , Asim Saleem Bajwa , Malik Sohail Hussain , Tariq Sadiq , Omais Khattak , Kh Khalid Javed , Islamabad Industrial Association , China Pakistan Economic Corridor , Authority Chairman Lieutenant General , Saleem Bajwa , Sardar Yasir Ilyas , President Islamabad Industrial Association , Senior Vice President , Chief Coordinator , Sohail Hussain , Special Economic Zone , யாசிர் இழயாச் காந் , ர் அசிம் சலீம் பஜ்வா , ஷேக் அமீர் வீத் , காலிட் ஜாவெத் , அசிம் சலீம் பஜ்வா , மாலிக் ஶ்ல் ஹுசைன் , தாரிக் சாதிக் ,

Automating tax system necessary for economic development: FTO


Daily Times
June 5, 2021
Federal Tax Ombudsman (FTO) Mushtaq Ahmad Sukhera on Friday said minimizing human involvement in the tax system through automation will reduce complaints by the taxpayers which is necessary for rapid economic development.
Taxes play a key role in making growth sustainable and equitable, especially in the context of the pandemic as more resources are needed to provide relief to the masses, he said.
FTO said that and efforts are underway to resolve complaints, fight tax evasion, discourage under-invoicing as well as over-invoicing, deter misdeclaration and check misuse of various import and export schemes, he said.
Talking to a delegation of Islamabad Industrial Association (IIA) led by its President Tariq Sadiq, Mushtaq Ahmad Sukhera said that many underdeveloped countries are still struggling to collect sufficient revenues to finance their development as a minimum of 15 percent of GDP in taxes is a must to meet the basic needs of the ci ....

Mushtaq Ahmad Sukhera , Tariq Sadiq , Islamabad Industrial Association , Federal Tax Ombudsman , President Tariq Sadiq , தாரிக் சாதிக் , இஸ்லாமாபாத் தொழில்துறை சங்கம் , கூட்டாட்சியின் வரி ஆஂபட்‌ஸ்மந் ,