Khyber-pakhtunkhwa: Chamber submits budget proposals

KPCCI demand a two-year extension in the Prime Minister’s financial package for the province.

PESHAWAR:

The Khyber-Pakhtunkhwa Chamber of Commerce and Industry (KPCCI) has submitted its proposals to the federal government for the upcoming budget, demanding a two-year extension in the Prime Minister’s financial package for the province and expansion of the tax net. According to a statement issued here on Wednesday, the KPCCI has proposed the inclusion of agriculture sector and services sector in the tax net so that burden on those who are already paying taxes could be reduced. The budget KPCCI proposals also include non enforcement of Reformed General Sales Tax, besides some incentives for the revival of industry in K-P.

Published in The Express Tribune, May 19^th, 2011.