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TRADE, INDUSTRY NEED LOW-COST ENERGY FOR GROWTH: FEBR February 13, 2022

ISLAMABAD: The Friends of Economic and Business Reforms (FEBR) President Kashif Anwar has said that trade and industry need low cost energy to bring down their cost of production, keeping their goods competitive in the international market. In a statement issued here on Sunday Kashif Anwar, the former LCCI vice president, said that the government would...

FEBR ASKS GOVT TO CUT TAX RATE ON OIL PRODUCTS. January 10, 2022

The Friends of Economic & Business Reforms President Kashif Anwar has urged the government to facilitate the industry through a reduction in the tax rate on petroleum products, besides decreasing electricity tariffs as well as lowering the markup rate, as the country’s economy is going through a challenging phase. He said that at a time when...

Promising prospects for Pakistan to attract FDI

China, whose friendship with Pakistan is deeper than oceans and higher than the Himalayas, is investing billions of dollars in Pakistan that has the potential to revive the economy and bring state-of-the-art technologies to its industries. The investment in all sectors will start a new era of bilateral relations between the two countries. In order to...

FEBR opposes decision of again empowering tax officials with discretionary powers

FEBR OPPOSES DECISION OF AGAIN EMPOWERING TAX OFFICIALS WITH DISCRETIONARY POWERS. By Muhammad Jahangir On Oct 14, 2021, Lahore: Friends of Economic and Business Reforms (FEBR) has strongly opposes the government decision of restoration of powers of the tax officials to freeze the bank accounts for the recovery of taxes. FEBR president Kashif Anwar said that this step...

Entire industry needs more tax liberalization like construction sector’s incentives: FEBR

Jan 03, 2021 Entire industry needs more tax liberalization like construction sector’s incentives: FEBR With a view to keep the economy running and generate employment opportunities the Friends of Economic and Business Reforms (FEBR) President Kashif Anwar has urged the government to announce the construction sectors’ relief package for the entire industry across the country. “The FEBR welcomes...