News

Importers Call For Action Against Govt Directives’ Breach

Importers Call For Action Against Govt Directives’ Breach Our Special Correspondent LAHORE: The commercial and industrial importers have asked the Prime Minister to take action against those companies, which have continuously been violating the government advice and refusing the clear directions of various state agencies like FBR and EDB to relax detention and demurrage charges at least...

Noncompliance of govt orders by private terminal operators censured

1 FEBR asks for making procedure easier for obtaining loan from the banks for business concerns 2 Allowing all treasury payments like Income Tax, Sales Tax, Socialsecurity, Education Cess, EOBI and others to be deposited after theirdue dates 3 Extending all the existing loans in any shape taken from any bank byindividuals, retailers, SME may be rescheduled...

FEBR calls for industry-friendly taxation regime as new Ord supports only retailers

The Friends of Business and Economic Reforms (FEBR) President Kashif Anwar, while raising his serious concern over the newly-promulgated Presidential Ordinance, has called for industry-friendly taxation regime, as this Ordinance provides relief to the retailers and distributors only, imposing more restrictions on manufacturers, which is the actual base of economic growth of any country. In a...

FBR urged to restrict buying from registered suppliers December 15, 2019

FBR urged to restrict buying from registered suppliers December 15, 2019 ISLAMABAD: The Federal Board of Revenue (FBR) was urged on Saturday to restrict retailers to make purchases only from sales tax registered individuals instead of binding manufacturers for their sale only to registered suppliers and retailers. Friends of Economic and Business Reforms (FEBR) said the condition of...

Shutter-down not solution’: Government urged to strengthen consultation process with traders

‘Shutter-down not solution’: Government urged to strengthen consultation process with traders By RECORDER REPORT on October 31, 2019 The Friends of Economic and Business Reforms (FEBR) has said that shutter-down is not solution of traders' issues, and asked the government to strengthen its consultation process with traders and resolve all issues amicably through dialogues. FEBR President Kashif...