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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...