Business

Businessmen demand cut in duties on paper

Say tax reduction will help provide textbooks to students at cheaper rates

APP October 11, 2020

LAHORE:

Duties and taxes on paper should be reduced to help students get textbooks at cheaper rates. The demand was raised during a meeting at the Lahore Chamber of Commerce and Industry (LCCI) on Saturday.

Elaborating, businessmen belonging to the paper industry said, “Keeping in mind the current circumstances, it is very important to ensure availability of textbooks at cheaper rates in the post-Covid-19 era.”

Assuring meeting participants of expeditious action on their proposals, LCCI President Mian Tariq Misbah urged them to appoint a focal person from each market to get desired results in a speedy manner. During the meeting, the businessmen also highlighted the parking issue faced in Urdu Bazaar and adjoining areas as well as in Anarkali. They said despite repeated demands by markets and associations, the government did not provide the markets with parking spaces.

Regarding parking plazas, Misbah asked them to come up with proposals so that work could be started on the construction of parking plazas.

He said the Lahore Chamber belonged to the business community and it would continue to extend cooperation to resolve all business-related issues.

LCCI Senior Vice President Nasir Hameed Khan said the business community should work together for the resolution of their problems. He said even though the government had insisted on increasing exports, there were still hurdles, which needed to be cleared in order to export more freely.

The LCCI office-bearers pointed out that the chamber had started one-window operation to facilitate the business community under one roof, adding that the Federal Board of Revenue (FBR), Pakistan Revenue Authority (PRA), NADRA, EOBI, IPO, Lesco and many other departments were already serving the business community at the LCCI and remaining departments would also be here in the coming days.

Published in The Express Tribune, October 11^th, 2020.

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