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SCCI hails Fin. Amendments Bill 2019

KARACHI: Sukkur Chamber of Commerce and Industry (SCCI) today hailed the Finance Amendments Bill 2019.
Talking to APP here, President SCCI, Engineer Abdul Fatah Shaikh said that removal or decrease in regulatory duty on 150 items would bring down the cost of doing business, discourage smuggling and enhance the competitiveness of the industry.
He said that a 50 percent reduction in small medium enterprises, the industrial and agriculture sectors of the country and allocation of Rs. 5 billion for housing schemes would not only improve the economy but it would also be beneficial for a common man.
He said that the production of the car industry was fallen up to 30 percent because of the difference between filer and non-filer. The removal of super tax will give a boost to the manufacturing sector, he added.

 

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M M Alam

M. M. Alam is a Pakistan-based working journalist since 1981. Karachi University faculty gold medalist Alam began his career four decades ago by writing for Dawn, Pakistan’s highest circulating English daily. He has worked for region’s leading publications, global aviation periodicals including Rotors (of USA) and vetted New York Times as permanent employee of daily Express Tribune. Alam regularly covers international aviation and defense-related events including Salon Du Bourget (France), Farnborough (United Kingdom), Dubai (UAE). Alam has reported thousands of events and interviewed hundreds of people in Pakistan, UAE, EU, UK and USA. Being Francophone Alam also coordinates with a number of French publications.