AIRLINK 194.74 Decreased By ▼ -3.23 (-1.63%)
BOP 9.80 Decreased By ▼ -0.24 (-2.39%)
CNERGY 7.42 Increased By ▲ 0.13 (1.78%)
FCCL 38.09 Increased By ▲ 2.09 (5.81%)
FFL 16.45 Decreased By ▼ -0.46 (-2.72%)
FLYNG 27.54 Increased By ▲ 2.50 (9.98%)
HUBC 131.40 Decreased By ▼ -2.63 (-1.96%)
HUMNL 13.80 Decreased By ▼ -0.34 (-2.4%)
KEL 4.68 Decreased By ▼ -0.10 (-2.09%)
KOSM 6.64 Decreased By ▼ -0.30 (-4.32%)
MLCF 45.64 Increased By ▲ 0.66 (1.47%)
OGDC 214.02 Decreased By ▼ -4.21 (-1.93%)
PACE 6.87 Decreased By ▼ -0.07 (-1.01%)
PAEL 40.12 Decreased By ▼ -1.30 (-3.14%)
PIAHCLA 16.75 Decreased By ▼ -0.11 (-0.65%)
PIBTL 8.37 Decreased By ▼ -0.09 (-1.06%)
POWER 9.44 Increased By ▲ 0.05 (0.53%)
PPL 182.48 Decreased By ▼ -3.45 (-1.86%)
PRL 41.57 Increased By ▲ 0.30 (0.73%)
PTC 24.60 Decreased By ▼ -0.17 (-0.69%)
SEARL 102.50 Decreased By ▼ -2.15 (-2.05%)
SILK 1.01 No Change ▼ 0.00 (0%)
SSGC 39.75 Decreased By ▼ -1.16 (-2.84%)
SYM 17.21 Decreased By ▼ -0.84 (-4.65%)
TELE 8.74 Decreased By ▼ -0.17 (-1.91%)
TPLP 12.72 Decreased By ▼ -0.12 (-0.93%)
TRG 65.40 Decreased By ▼ -1.20 (-1.8%)
WAVESAPP 11.15 Decreased By ▼ -0.15 (-1.33%)
WTL 1.72 Decreased By ▼ -0.06 (-3.37%)
YOUW 3.94 Decreased By ▼ -0.06 (-1.5%)
BR100 11,981 Decreased By -128.7 (-1.06%)
BR30 36,199 Decreased By -399 (-1.09%)
KSE100 113,483 Decreased By -1559.8 (-1.36%)
KSE30 35,632 Decreased By -567.8 (-1.57%)

LAHORE: The Small and Medium Enterprises Development Authority (SMEDA) and Competition Commission of Pakistan (CCP) have agreed to join hands to create conducive policy environment for development of SME sector in the country.

Farhan Aziz Khawaja, CEO SMEDA and Ms Rahat Kaunain Hassan, Chairperson of the CCP in a brainstorming session, held on Monday at SMEDA head office, derived a set of common goals for economic prosperity of the country through SME development.

The others who attended this meeting from both the organizations include Nadia Jehangir Seth, GM Policy Planning division and Sheharyar Tahir, Head External Relations Department of SMEDA. The CCP Chairperson was accompanied by Ms Maryam Zafar, Joint Director of CCP on this occasion.

CEO SMEDA proposed to form a joint group for ensuring achievements of the common goal of creating level playing field for sustainable growth of SMEs in the country. He also urged to exchange the research work conducted in both the organizations.

He informed SMEDA is going to launch its latest research report regarding Income Tax Regime on SMEs at Islamabad on coming Thursday. He hoped that the report would help government to ease income tax on SMEs.

Earlier, Ms Rahat Kaunain Hassan, highlighting the vision of her organization said that CCP was striving hard to provide fair play for businesses to enhance economic efficiency and to protect consumers from anticompetitive practices.

For this purpose, she said that the Commission was trying to enforce law without fear and favour for creating a level playing field for business in the country, the biggest part of which exists in the SME sector.

Copyright Business Recorder, 2023

Comments

Comments are closed.