All Pakistan Cottage Industries and Small Traders Welfare Association Chairman Ghulam Sarwar Malik has appreciated the nomination of Finance Minister Shaukat Aziz as the next prime minister of Pakistan.
In a statement issued here on Friday, he claimed that the finance minister has taken various steps for promotion of cottage industry. The tax exemption limit to the cottage industry has been increased from Rs 500,000 to Rs 5 million, while gas tariff for industries has also been slashed.
"The budget for the year 2004-05 is business-friendly in real term," he said, adding, "Shaukat would lead the country towards progress and prosperity."