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PTI govt sets direction for long term economic growth in Budget 2021-22: KCCI

PTI govt sets direction for long term economic growth in Budget 2021-22: KCCI
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.

Businessmen hail budget, but warn of long-term effects

KARACHI: Businessmen on Friday said the budget for the next fiscal year seemed balanced on the face of it, but its long-term impacts on trade and industry would become clear after a close analysis.

Traders, economic experts divided over FY22 budget

Daily Times Welcome tax exemptions granted to certain industries Say tax target should have been kept at last year’s level June 12, 2021 Following the announcement of the PTI-led government’s budget for the fiscal year 2021-22, economic experts and traders expressed mixed opinion over the budgetary proposals for fiscal year 2021-22. Speaking during a press conference, President of Lahore Chamber of Commerce and Industry (LCCI) Mian Tariq Misbah said the government has agreed to several demands of the business and trade community when preparing the budget, however, the tax target should have been kept at the same level as last year. “The amount allocated in the budget for four dams should also have been increased,” he said, adding that the exceptions granted to the pharmaceutical industry and the information and technology sector is a positive move.

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