Finance minister emphasizes increase in export of jewelry

June 2, 2022: Federal Minister for Finance and Revenue Mr. Miftah Ismail emphasized Jewelers Association to play due role in strengthening of the national economy by enhancing the export of Jewelry, a press release said.

The finance minister held a meeting with a delegation of All Pakistan Jewelers Association led by its president Mr. Shehzad Iqbal at Finance Division, today. Chairman FBR and senior officers from Finance and Commerce Ministries attended the meeting.

The delegation gave an overview of the jewelry sector in Pakistan and its contribution in the economy. They also highlighted the issues being faced by the Jewelers community regarding taxation and sought government’s support to address their issues and provide relief in taxation. It was apprised that these issues are proving as a great hindrance in the development of this sector.

Miftah Ismail highlighted the commitment of the present government to provide conducive and friendly environment to business community in Pakistan. He acknowledged the contribution of Jewelry sector in the economic development and assured the delegation to provide maximum relief in taxation to this sector.

The delegation thanked the finance minister for addressing their issues and assured the finance minister about growth of this sector with cooperation of present government.

The delegation included Mr. Ayaz - Karat Jeweller, Mr. Irfan Samana – ARY Jewellers, Mr. Salman Hanif – Hanif Jewellers, and Mr. Salem Hemani – Aliel Jewellers, Mr. Naseem Akhtar Sheikh – Former President ICAP.

Press Release