ISLAMABAD: China Pakistan Economic Corridor Authority Chairman Lieutenant General Asim Saleem Bajwa on Thursday said all-out efforts are being made to speed up industrialisation under CPEC a.
Govt taking all possible measures to speed up industrialization under CPEC: Bajwa dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.
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.
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 citizens and busines