ahlam1399
06-28-2016, 03:12 AM
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the government to grant one-time amnesty for declaring foreign assets or cash against 3 percent payment of income tax.
In a statement issued on Monday, Khalid Tawab, Acting President, Federation of Pakistan Chambers of Commerce and Industry (FPCCI) urged Finance Minister Senator Mohammad Ishaq Dar to an**unce the scheme which will incentivize individuals to bring their Assets/Cash back to their homeland through banking channel and play their due role in the main stream of eco**mic activities of the country.
He said that these Pakistanis were forced to invest in foreign countries mainly due to a variety of reasons such as poor law and order situation; target killing, war against terrorism; political instability, uncertainty in eco**mic policies etc., as were being prevailed in past years in the country.
However, the acting president of the Federation of Pakistan Chambers of Commerce and Industry added that the situation has **w been considerably improved in the country particularly in Karachi and Khyber-Pakhtunkhwa.
“**w investment atmosphere is much better and local and foreign companies are keen to invest in Pakistan,” Tawab added.
This investment/amnesty scheme will give boost to the eco**my for creation of jobs and eradication of poverty. This scheme can attract foreign remittance of billions of rupees, as well as taxes in huge amount, as Pakistanis **w want to declare their foreign assets/cash and like to become part of National eco**my.
Sheikh Khalid Tawab proposed that the package would help get rid of the IMF and other do**r agencies’ loan.
http://feeds.feedburner.com/~r/com/YEor/~4/GXkvYuosGNE
أكثر... (http://feedproxy.google.com/~r/com/YEor/~3/GXkvYuosGNE/131078-FPCCI-proposes-amnesty-for-undeclared-foreign-assets)
In a statement issued on Monday, Khalid Tawab, Acting President, Federation of Pakistan Chambers of Commerce and Industry (FPCCI) urged Finance Minister Senator Mohammad Ishaq Dar to an**unce the scheme which will incentivize individuals to bring their Assets/Cash back to their homeland through banking channel and play their due role in the main stream of eco**mic activities of the country.
He said that these Pakistanis were forced to invest in foreign countries mainly due to a variety of reasons such as poor law and order situation; target killing, war against terrorism; political instability, uncertainty in eco**mic policies etc., as were being prevailed in past years in the country.
However, the acting president of the Federation of Pakistan Chambers of Commerce and Industry added that the situation has **w been considerably improved in the country particularly in Karachi and Khyber-Pakhtunkhwa.
“**w investment atmosphere is much better and local and foreign companies are keen to invest in Pakistan,” Tawab added.
This investment/amnesty scheme will give boost to the eco**my for creation of jobs and eradication of poverty. This scheme can attract foreign remittance of billions of rupees, as well as taxes in huge amount, as Pakistanis **w want to declare their foreign assets/cash and like to become part of National eco**my.
Sheikh Khalid Tawab proposed that the package would help get rid of the IMF and other do**r agencies’ loan.
http://feeds.feedburner.com/~r/com/YEor/~4/GXkvYuosGNE
أكثر... (http://feedproxy.google.com/~r/com/YEor/~3/GXkvYuosGNE/131078-FPCCI-proposes-amnesty-for-undeclared-foreign-assets)