PESHAWAR
\nImplementing recommendations of the Sarhad Chamber of Commerce and Industry, provincial government of Khyber Pakhtunkhwa decided to bring down 2 percent cess on export to 1 percent.
\nIn light of the SCCI proposals, a summary was prepared which will be presented in the next meeting of the provincial cabinet for formal assent, this was disclosed by Advisor to Chief Minister of Finance and Inter-provincial coordination Muzamil Aslam while speaking to members during this visit to the chamber house.
\nMeeting was attended by SCCI senior vice president Abdul Jalil Jan, former president Haji Muhamamd Afzal, Faiz Muhammad Faizi, executive committee members Ziaul Haq Sarhadi, Aftab Iqbal, Nadeem Rauf, Muhammad Ashfaq and Industrialist Association Peshawar President Ayub Khan Zakori, Khalid Sultan Khawaja, Mazharul Haq, Atif Rasheed Khawaja, Affaf Ali Khan, Zarak Khan, Imtiaz Ali Ahmad, Zafar Khattak, Asif Khan, Fazal Adnan, Qurat Ul Ain, along with traders attached with gemstone, carpet, pak-Afghan business, exporters and importers.
\nIn the meeting, Fazal Moqeem conveyed concerns of business community regarding imposition of 2 percent provincial cess on export, property tax on warehouses, shops and offices by E&T deptt, making withholding agents by KPRA, non-implementation of provincial industrial policy 2020, issues relating to inter-provincial coordination, and suspension of PIA Peshawar to Karachi flights.
\nSCCI chief said the export process had adversely affected after imposition of 2 percent provincial cess on export. He feared export from KP would completely end, if the cess couldn\u2019t be abolished.
\nCalling collection of property tax by E&T deptt as double taxation, Moqeem demanded immediate abolishment of all unnecessary and irrational taxes.
\nHe also expressed concerns over the collection of professional tax from the business community.
\nThe chamber president raised the issue of gas and electricity, stating that non-availability of gas and electricity to business and industries is a violation of article 158 of the constitution because KP is surplus in production of gas and electricity.
\nHe demanded implementation of provincial industrial policy 2020 with true letter and spirit. He called for SCCI representation in DRCs of Labour deptt, ESSI, KPRA, KPEZDMC, Food Deptt and other relevant authority while consultation should be made with SCCI and business community regarding matters relating to IPC.
\nMuzamil Aslam, while responding to various queries of the participants on the occasion clarified that cess funds would be utilized on promotion of economic activities and infrastructure development in eh province.
\nHe assured removal for all hurdles in provision of soft loans to the business community through the Bank of Khyber.
\nHe also promised that issues relating KPRA and IPC would be resolved on priority basis.
\nSimilarly, he promised to raise business community issues at various forums at the federal level.
\nHe said policies would be implemented in consultation with the chamber and business community.
\nHe sought the business community\u2019s support to achieve the set revenue and economic growth targets in the province.<\/p>\n","protected":false},"excerpt":{"rendered":"
PESHAWAR Implementing recommendations of the Sarhad Chamber of Commerce and Industry, provincial government of Khyber Pakhtunkhwa decided to bring down 2 percent cess on export to 1 percent. In light of the SCCI proposals, a summary was prepared which will be presented in the next meeting of the provincial cabinet for formal assent, this was […]<\/p>\n","protected":false},"author":2,"featured_media":446553,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-446525","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"yoast_head":"\n