F.P. Report
RAWALPINDI: The newly elected president of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Ghazanfar Bilour has urged government to take immediate steps for exporter’s refunds claims. Addressing as chief guest at a reception in the honor of newly elected office bearers of FPPCI by Rawalpindi Chamber of Commerce and Industry (RCCI) yesterday, he said, the refunds claims total figure has been reached to 300 billion. Exports can only be improved once exporters will get their refunds timely.
Normally the whole process took three weeks but unfortunately these claims are pending for the last three years. FBR should stop harassing business community in the name of tax collections. He lauded Government’s recent announcement for lowering electricity and Gas prices, however, he urged that the said incentive should be extended to industries other than export industry.
FPCCI chief said that we have high cost of doing business in the region and exports can only be enhanced once we have a competitive market. He appreciated the role of RCCI in promoting business activities. He said that traders have lot of hopes from him and he will try to meet their trust. He said that his team will work with all chambers to devise a unified strategy to meet the challenges faced by business community.
Earlier, President (RCCI) Zahid Latif Khan while felicitating United Business Group on overwhelming success in Federation of Pakistan Chambers of Commerce and Industry (FPCCI)’s elections said that Rawalpindi Chamber congratulate the Pattern In Chief United Business Group S.M Munir, Chairman Iftikhar Ali Malik and President Elect Ghazanfar Balour on winning the elections and hoped that winning candidates will work for the betterment of the business community and take every possible step to promote Industrial & Trade activities of the Country.
He hoped that president-elect Ghazanfar Balour and his group will keep an open door policy for everyone and will work for the restoration of business activities in the country. He ensured his full cooperation to the winning team for the Rawalpindi Chamber. On this occasion RCCI chief said that all chambers and business community should join hands to address the issues faced by our community. While giving details on RCCI current activities he said RCCI will organize All Pakistan Chambers Presidents Conference in Gawadar, Business opportunity conference in Doha, Qatar and Rawal International Expo in coming days starting from March. Group leader Suhail Altaf in his address urged government to lower individual income tax rate to 15 percent. Senior Vice President Muhammad Nasir Mirza, Vice President Khalid Farooq Qazi, group leaders, former presidents and members’ executive committee also conveyed their good wishes to the winning group.
SM Munir in his address urged government to provide conducive environment for business in the country. The growing problem of unemployment can only be addressed once we have more industries in the country, he added Senator Ilyas Bilour, UBG Pattern In Chief SM Munir and former FPCCI President Zubair Tufail also spoke on the occasion and urged business community to remain united and work together towards the betterment of the country.
