KCCI appreciates Dar's decision to maintain the POL price

MG News | November 01, 2022 at 04:50 PM GMT+05:00

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November 1, 2022 (MLN): The Karachi Chamber of Commerce and Industry (KCCI) President Mohammed Tariq Yousuf, while highly appreciates Finance Minister Ishaq Dar’s announcement to keep petroleum prices unchanged and extend the last date for filing income tax returns till Nov 30, 202.

the business community warmly welcomes these announcements and the determination being exhibited by the government to pay special attention to the issues and recommendations being given to the business & industrial community

Furthermore, the Finance Minister’s decision to raise the Letters of Credit (LCs) LCs limit from $50,000 to $100,000 was undoubtedly a pro-business move that was being demanded by the Karachi Chamber for a long.

“This would help in expediting 8,000 cases of suspended LCs and we are delighted to see that the State Bank has been directed to start clearing these LCs from today”, he added.

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