ISLAMABAD – Finance Minister Asad Umar has said that a number of incentiveswill be announced for business community in the finance bill to bepresented in National Assembly on 23rd of this month to improve nationaleconomy and enhance trade activities.Talking to business community at Karachi Chamber of Commerce and Industrytoday (Saturday), he said that budget anomalies will be overcome in thefinance bill.Asad Umar said reforms in FBR are being undertaken and its powers have beendevolved to lower level. He said that FBR’s powers of issuing SRO have beenslashed.He said that any change in current tax structure could only be carried outthrough parliament.Asad Umar said the government is striving to create conducive environmentfor encouraging ease of doing business and attracting foreign investment touplift the economy.He said economy is a core component of our foreign policy and we arecommitted to promote trade and investment in the best interest of thecountry.Asad Umar said uplift of the country’s economy will also increaseemployment opportunities in the country.He said that the incumbent government is bringing such type of economywhich will uplift the living standard of downtrodden segment of the societythrough removing all the hurdles in their live.The Minister said Pakistan is desirous of cordial relations with allcountries of the region including India and there is need to resolve allthe issues between the two countries through dialogue.He said Pakistan also wants to increase trade ties with India in the bestinterest of the both countries.
Mini Budget on cards: Several important steps taken to revive economy
