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EFP demands suspension of new tax ordinance 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.
Change will take time, but is doable, stresses Imran Top Story Ag APP LAHORE: Prime Minister Imran Khan on Friday said changing the corrupt system was a “time taking, but doable challenge” and lambasted the status quo, which he blamed for resisting systemic reformation. “The status quo doesn’t allow change. It makes them lose their money. How will they make money if they don’t resist change?” Khan said in a speech after he broke ground on apartments for low-income groups here. “This way, a whole [vicious] system is developed in society.” Khan was referring to the “resistance the government faced from all quarters” in its efforts to introduce automation, which the Prime Minister believes would eliminate corruption. ....
Level playing field sought for makers of tractor parts PAAPAM says low valuation of imports has affected manufacturers LAHORE: The Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) has stressed the need for providing a level-playing field to the tractors’ auto parts manufacturers. It has called for restricting import of parts which are being manufactured in the country, as under-invoicing and low valuation of imports have been hitting the industry hard. In a statement issued on Saturday, PAAPAM Senior Vice Chairman Abdur Razzaq Gauhar invited the attention of the Federal Board Revenue (FBR) cChairman towards this issue. He said undervaluation of imports by the customs authorities are turning the country into a trading hub by favouring commercial importers on one hand but on the other hand, it is affecting collection of federal taxes at the import stage. ....