CGPA, SMEDA Organize PPD On Issues Of Business Community
Muhammad Irfan Published September 23, 2022 | 05:10 PM
PESHAWAR, (UrduPoint / Pakistan Point News - 23rd Sep, 2022 ) :Centre for Governance and Public Accountability (CGPA) in collaboration with Small & Medium Entrepreneurs Development Authority (SMEDA) organized a public private dialogue (PPD) on legal issues of the business community, said a press release issued here on Friday.
The event was part of the series of Public Private Dialogues (PPD) initiated by CGPA. The session was aimed at gathering input on the issues of taxes, local rules and policy administration faced by the business community of Peshawar.
One of the core components of these Public Private Dialogues was to discuss the possible solutions that could be put forth as policy recommendations for the government. This was the 8th PPD event organized by CGPA. These PPD sessions would conclude on the formation of recommended policy formation consequently assisting the government of KP for developing a direly needed improvised business ecosystem in Peshawar.
Entrepreneurs from Peshawar, engaged in various types & tiers of business, members of Sarhad Chamber of Commerce, Peshawar Chamber for Small traders & Industries, Women Chamber of commerce, tajir itehad, Hotel & restaurant, Handicrafts, furniture, dairy & livestock associations, All Pakistan Precious & Semi Precious Gemstones Export Association (APCEA),officials from KP Revenue Authority, Federal board of Revenue, Trade Development Authority of Pakistan (TDAP), KP Board of Investment & Trade (KPBOIT), Small & Medium Enterprise Development Authority (SMEDA), Pakistan Hunting & Sporting Arms Development Company (PHSADC � Ministry of Industries & Production), Individual financial, legal, business & IT consultants participated in the dialogue session.
Issues pertaining to tax regime, tax administration, government policy administration, awareness about government policies and laws applied to business, categorization of business & applied taxes, procedures and documentations for business remained under discussion largely.
Suggestions for change in tax regime were put forth by business community as well as to avoid double taxation while government officials provided inputs on the suggestions. Various clauses of tax law were explained as well as tax administration remained the topic.
Mr. Riaz Ahmed Khan (Deputy Commissioner FBR), Mr. Imran Ahmad & Mr. Shahnawaz (Assistant Commissioners KPRA) expressed their opinion that much of the problems discussed here are spiraling out of the unawareness of the tax law.
Expressing their utmost support for the business community, it was mentioned by the government officials, our offices are open to provide you information and facilitation. We can even reach out to your chambers and association offices to provide the members with full information about the taxes and pertaining procedures. We are very thankful for the CGPA & SMEDA for the arrangement of this session where we have collected valuable information from the concerns as expressed by the business community.
Related Topics
Recent Stories
Selection committee dissolved over Pakistan women cricket team's poor performanc ..
Punjab CM Maryam Nawaz in police uniform at Chung police center
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 25 April 2024
Today Gold Rate in Pakistan 25 April 2024
Mired in crisis, Boeing reports another loss
Session Awarding Ceremony 2024 held at Cadet College Muzaffarabad
Austrian ski great Hirscher to make comeback under Dutch flag
Pakistan, Japan agrees to convene 'Economic Policy Dialogue'
FM Dar conveys deepest sympathy on torrential rains devastation in UAE
Spain PM Sanchez says weighing resignation after wife's graft probe
Tennis: ATP/WTA Madrid Open results - 1st update
Long-lost Klimt portrait auctioned off for 30 mn euros
More Stories From Business
-
EXCHANGE RATES FOR CURRENCY NOTES
51 minutes ago -
Foreign exchange rates
1 hour ago -
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 25 April 2024
3 hours ago -
Today Gold Rate in Pakistan 25 April 2024
3 hours ago -
Meta profits soar but costs of AI cause worry
4 hours ago -
Mired in crisis, Boeing reports another loss
12 hours ago
-
Pakistan, Japan agrees to convene 'Economic Policy Dialogue'
12 hours ago -
British-Pakistani firm unveils $35 million luxury apartments for overseas Pakistanis in Islamabad
13 hours ago -
European stocks lose momentum after global rally
13 hours ago -
New pulses varieties imperative to cater domestic food requirements: Dr Khalid Hasan
14 hours ago -
CEO KP-EZDMC meets CRBC officials
14 hours ago -
Pakistan among nine poor countries that produces 90 percent cigarettes for world
15 hours ago