PHMA discusses taxation issues with Finance Minister

News Image

By MG News | August 11, 2022 at 04:41 PM GMT+05:00

0:00

August 11, 2022 (MLN): Federal Minister on Finance and Revenue Mr Miftah Ismail on Thursday, assured the delegation of the Pakistan Hosiery Manufacturers & Exporters Association (PHMA) that their issues related to taxation, refund of Sales Tax, electricity & gas tariff etc will be resolved soon.

This was said in a meeting with a delegation of PHMA headed by its chairman Mian Kashif Zia, at the Finance Division.

Issues pertaining to the response of commercial banks in the opening of LCs, DLTL and PSW were also discussed in the meeting. 

The delegation highlighted the contribution of the hosiery and knitwear industry in accelerating and providing growth in all sectors of the economy.

Finance Minister expressed the resolve of the present government to promote business activities and facilitate the business community to attain sustainable growth in the country.

He assured the delegation to resolve their issues as a priority and also stressed the delegation to enhance its export base.

The Finance Minister also directed the relevant authorities to resolve the issues of the hosiery and knitwear industry.

 The delegation thanked the Finance Minister for addressing their issues.

Deputy Governor SBP, Member FBR and senior officers from Finance and Commerce Ministries attended the meeting. While Mian Farrukh Iqbal, Dr Khurram Tariq, Rana Altaf Ahmed, Hafiz Rashid Mehmood and Mr Tahir Rehman participated in the delegation.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 130,686.66
280.01M
0.26%
342.63
ALLSHR 81,305.25
897.01M
0.35%
281.26
KSE30 39,945.45
114.02M
0.09%
37.19
KMI30 190,698.05
148.61M
0.61%
1163.05
KMIALLSHR 55,074.15
495.43M
0.53%
290.50
BKTi 34,568.40
28.73M
-1.07%
-372.33
OGTi 28,739.35
22.59M
1.57%
443.29
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 110,275.00 110,525.00
110,155.00
-140.00
-0.13%
BRENT CRUDE 68.76 68.89
68.73
-0.04
-0.06%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
-0.75
-0.76%
ROTTERDAM COAL MONTHLY 108.45 109.80
108.45
-0.55
-0.50%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 67.02 67.18
66.99
0.02
0.03%
SUGAR #11 WORLD 16.37 16.40
15.44
0.79
5.07%

Chart of the Day


Latest News
July 03, 2025 at 10:04 PM GMT+05:00

SBP reserves rise around to $13bn


July 03, 2025 at 05:39 PM GMT+05:00

Gold price in Pakistan rises Rs800 per tola


July 03, 2025 at 05:17 PM GMT+05:00

Microsoft exits Pakistan after 25 years


July 03, 2025 at 04:43 PM GMT+05:00

Privatisation Commission approves advisors for ZTBL


July 03, 2025 at 04:11 PM GMT+05:00

PSX Closing Bell: Holding Ground



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg