LAHORE: Businessmen have been facing numerous problems from the Federal Board of Revenue (FBR) and various other ministries. The country’s weak economy and businesses cannot afford one more lockdown.
These views were expressed by Lahore Chamber of Commerce and Industry President Mian Tariq Misbah, Senior Vice President Nasir Hameed Khan and Vice President Tahir Manzoor Chaudhry in a meeting with the delegations of PASPIDA and FRIA.
The PASPIDA delegation was led by Sanaullah Mughal and delegation of FRIA was led by Tanvir Ahmed Sheikh while Abid Hameed Khan Mujtaba Babar, Abdul Jabbar, Waqar Butt, Mudassar Manzoor and Shahbaz, Adnan Butt, Shahzeb Akram, Abrar Ahmed and Arshad Bags were also present on the occasion.
President LCCI Mian Tariq Misbah said that the Government should consult all stakeholders in formulating the Auto Policy. He said that customs duty on items which are not manufactured locally should be reduced immediately so that the cost of production can be reduced. The President LCCI further added that the rate of electricity for exporters should be reduced. Mian Tariq Misbah said that the LCCI is committed to serve the business community for the economic development of our country.
The President of the LCCI further expressed his views that LCCI is in constant touch with the WASA authorities to reduce water tariff. In this regard, the concerns of Business Community have been conveyed by Lahore Chamber of Commerce and Industry (LCCI). The water rates should be uniform throughout Punjab as the high water tariff is adding tremendously to the cost of doing business.
The LCCI President stressed upon the government should adopt consistency in policies to avoid problems in various sectors, adding that continuity is essential for long-term investment. He said that PASPIDA and Lahore Chamber have been on good terms for many years and assured full cooperation in finding a solution to their problems.
Chairman PASPIDA Sanaullah Mughal said that PASPIDA was confident that the Lahore Chamber would extend its fullest cooperation in resolving their issues. He said that he was facing various problems from the FBR and various ministries.
Senior Vice President Lahore Chamber Nasir Hameed Khan stressed on maintaining unity in business community. He said that both industry and trade are interconnected.
Lahore Chamber Vice President Tahir Manzoor Chaudhry thanked the members of the delegation and assured full cooperation from the platform of LCCI.
