AGL 38.16 Decreased By ▼ -0.06 (-0.16%)
AIRLINK 134.19 Increased By ▲ 5.22 (4.05%)
BOP 8.85 Increased By ▲ 1.00 (12.74%)
CNERGY 4.69 Increased By ▲ 0.03 (0.64%)
DCL 8.67 Increased By ▲ 0.35 (4.21%)
DFML 39.78 Increased By ▲ 0.84 (2.16%)
DGKC 85.15 Increased By ▲ 3.21 (3.92%)
FCCL 34.90 Increased By ▲ 1.48 (4.43%)
FFBL 75.60 Decreased By ▼ -0.11 (-0.15%)
FFL 12.74 Decreased By ▼ -0.08 (-0.62%)
HUBC 109.45 Decreased By ▼ -0.91 (-0.82%)
HUMNL 14.10 Increased By ▲ 0.09 (0.64%)
KEL 5.40 Increased By ▲ 0.25 (4.85%)
KOSM 7.75 Increased By ▲ 0.08 (1.04%)
MLCF 41.37 Increased By ▲ 1.57 (3.94%)
NBP 69.70 Decreased By ▼ -2.62 (-3.62%)
OGDC 193.62 Increased By ▲ 5.33 (2.83%)
PAEL 26.21 Increased By ▲ 0.58 (2.26%)
PIBTL 7.42 Increased By ▲ 0.05 (0.68%)
PPL 163.85 Increased By ▲ 11.18 (7.32%)
PRL 26.36 Increased By ▲ 0.97 (3.82%)
PTC 19.47 Increased By ▲ 1.77 (10%)
SEARL 84.40 Increased By ▲ 1.98 (2.4%)
TELE 7.99 Increased By ▲ 0.40 (5.27%)
TOMCL 34.05 Increased By ▲ 1.48 (4.54%)
TPLP 8.72 Increased By ▲ 0.30 (3.56%)
TREET 17.18 Increased By ▲ 0.40 (2.38%)
TRG 61.00 Increased By ▲ 4.96 (8.85%)
UNITY 28.96 Increased By ▲ 0.18 (0.63%)
WTL 1.37 Increased By ▲ 0.02 (1.48%)
BR100 10,776 Increased By 117.2 (1.1%)
BR30 32,234 Increased By 902.8 (2.88%)
KSE100 100,083 Increased By 813.5 (0.82%)
KSE30 31,193 Increased By 160.9 (0.52%)

Pakistan Yarn Merchants' Association (PYMA) (Punjab-Sarhad Zone) thanked Abdullah Yousaf, Chairman, Central Board of Revenue, for his decision to accept all income tax returns for the tax year 2003-04.
In a joint press statement, Munawar A. Sheikh, Central Chairman, Mian Khushnud Ahmad, Chairman, Punjab and Sarhad Zone and Muhammad Ashraf Gandhi, former Chairman PYMA said that the business community has come up to the expectations of the CBR by achieving the Revenue Target. It vindicates that the confidence reposed on the business community is worthwhile, they added.
Trade leaders also endorsed the present economic policies of the government and expressed their full confidence.
They said that the present policy of reposing confidence on the community would further strengthen the economy of the country. They have also expressed their apprehension on the proposal of giving powers to Federal Investigation Agency (FIA) in tax related issues.
This would nullify the efforts being made by CBR to bring the business community closer to the government and would have a negative impact on the strengthening economy of the country.

Copyright Business Recorder, 2005

Comments

Comments are closed.