Implementation Of Providing Cheap Electricity To Textile Sector Hailed
Sumaira FH Published June 07, 2022 | 03:40 PM
ISLAMABAD, Jun 7 (UrduPoint / Pakistan Point News - 7th Jun, 2022 ) :Chief Executive Officer Pakistan Furniture Council Mian Kashif Ashfaq Tuesday hailed the role of Federal Tax Ombudsman Dr Asif Mahmood Jah in implementation of the Economic Coordination Committee decision of providing cheap electricity to textile sector.
Talking to a delegation of young educated women led by Ambreen Noor from Depalpur district Okara, he said the ECC in principle had approved for providing cheap electricity and gas to textile industry to boost exports but Federal board Revenue didn't implement in time without any plausible reason that caused immense loss to national kitty besides hitting the exports targets in this period.
He said textile sector approached FTO Advisor Dr Sarfraz Ahmad Warraich who summoned FBR senior officials for not honouring ECC decision.
FBR pleaded that ECC decision was conditional subject to submission of APTMA recommendations.
Mian Kashif Ashfaq said that FTO taking strong exception to the negligence of FBR where genuine case was stuck up despite the completion of all codal formalities directed the FBR to implement the ECC decision forthwith rejecting their point of views besides terming the extraordinary delay as mismanagement.
He said finally, intervention of FTO prevailed and FBR issued notification in this regard which will also apply to such identical all applications.
He said entire business community is proud of the meritorious services being rendered by FTO in mitigating the sufferings of tax payers without acquiring the service of any lawyer within sixty days.
Related Topics
Recent Stories
HEC reviews curricula for environmental sciences degree programme
ICC Asia looking forward to an action-packed Asia Cricket Week
Yuvraj Singh named ICC Men’s T20 World Cup 2024 Ambassador
Greece hands Olympic flame to 2024 Paris Games hosts
Two Kyiv hospitals evacuating over feared Russian strikes
World must act on neurotech revolution, say experts
Charles & Catherine's cancer diagnoses
Champions Alcaraz and Sabalenka through in Madrid Open
King Charles to resume some public duties during cancer treatment: palace
US defense chief announces $6 bn in security aid for Ukraine
Heavy rains cause damage to Spezand-Taftan railway track
Woman stabbed in Israel, attacker killed: police
More Stories From Business
-
Finance minister reviews progress on FBR digitalization
5 hours ago -
US stocks rebound on tech earnings, London hits new record
5 hours ago -
US approves gene therapy treatment for hemophilia
5 hours ago -
KATI president for inclusion of agri sector in tax net
5 hours ago -
Ahsan chairs 13th CPEC-JCC preparatory meeting, reviews arrangements for high-level delegation’s v ..
7 hours ago -
Police to take every step for security of business community: IGP
7 hours ago
-
WB director, Planning minister discuss reforms in development projects
7 hours ago -
IP rights crucial in achieving SDG : Jam Kamal
8 hours ago -
FBR’s data protection efforts commended by OECD assessment team
8 hours ago -
US stocks rebound on tech earnings, London hits new record
9 hours ago -
SECP-IFSB workshop highlights Pakistan's progress in Islamic Finance Development
9 hours ago -
SBP to announce monetary policy on April 29
9 hours ago