KCCI Welcomes Dar’s Move on POL Prices, IT Returns, and Raise LCs Limit
President Karachi Chamber of Commerce and Industry (KCCI) Mohammed Tariq Yousuf, while highly appreciating Finance Minister Ishaq Dar’s announcement to keep petroleum prices intact and extend last date for filing Income Tax Returns till Nov 30, 2022, said that the business community warmly welcomes these announcements and the determination being exhibited by the government to pay special attention to the issues and recommendations being given the business & industrial community
In a statement issued, President KCCI said that the Finance Minister’s decision to raise the LCs limit from $50,000 to $100,000 was undoubtedly a pro-business move that was being demanded by the Karachi Chamber for a long. “This would help in expediting 8,000 cases of suspended Letters of Credit (LCs) and we are delighted to see that the State Bank has been directed to start clearing these LCs from today”, he added.
KCCI welcomes Dar’s move to keep POL prices intact, extend last date for IT returns, raise LCs limit
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President Karachi Chamber of Commerce and Industry (KCCI) Mohammed Tariq Yousuf, while highly appreciating Finance Minister Ishaq Dar’s announcement to keep petroleum prices intact and extend last date for filing Income Tax Returns till Nov 30, 2022, said that the business community warmly welcomes these announcements and the determination being exhibited by government to pay special attention to the issues and recommendations being given the business & industrial community
In a statement issued, President KCCI said that the Finance Minister’s decision to raise the LCs limit from $50,000 to $100,000 was undoubtedly a pro-business move that was being demanded by the Karachi Chamber for a long. “This would help in expediting 8,000 cases of suspended Letters of Credit (LCs) and we are delighted to see that the State Bank has been directed to start clearing these LCs from today”, he added.
