LAHORE: Chief Minister Punjab Mian Shahbaz Sharif said that issue of withholding tax on banking transactions will be solved amicably.
He was addressing a meeting of traders here at Chief Minister House on Monday. MNA Pervez Malik, LCCI Vice President and Political Assistant to Chief Minister Nasir Saeed, representatives of business community Ashraf Bhatti, Khalid Pervez, Anjum Mahmoob Butt, Naeem Mir, Abdul Razzaq Babbar, Mahbood Sirki, Khawaja Shafiq, Shahid Nazir, Chairman PML-N Traders Wing Punjab Muhammad Ali Mian and a large number of traders were present on the occasion.
Shahbaz Sharif informed the participants that he already had contacted Prime Minister Mian Nawaz Sharif and Finance Minister Ishaq Dar to convey traders’ concern over imposition of 0.6% withholding tax on banking transactions and urged them to review the matter for an amicable solution. Chief Minister Shahbaz Sharif said that traders’ community is the backbone of Pakistan’s economy and has always played an important role in the country’s progress and development.
He said that Punjab government is utilizing all available resources to make the province a hub of trade & economic activities. He said that no stone would be left unturned to get the issues being faced by the business community solved.
Speaking on the occasion, LCCI Vice President and Political Assistant to Chief Minister Nasir Saeed said that business community appreciates Chief Minister Punjab Mian Shahbaz Sharif for taking up this matter with the Prime Minister Nawaz Sharif and Federal Finance Minister Ishaq Dar and hoped that CM’s personal interest for early solution of withholding tax on bank transactions would yield positive results.
Meanwhile, Chinese investors have showed keen interest to enter into joint ventures with their Pakistani counterparts in the fields of solar & coal power generation projects.
A 2-member Chinese delegation comprising CEO Asia Pacific Sun Huoi and Miss Fang Wong from MenShine Fang Wong Monday called on the LCCI President Sheikh Muhammad Arshad. The delegation members said that the Chinese business community values Pakistan highly therefore they were always ready to put their money in new ventures in Paki
