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Tag Archives: FPCCI

Keeping interest rates lower can woo foreign business

  With the monetary policy having been announced by the State Bank of Pakistan, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed their concern. The president of the FPCCI, Mr. Shaukat Ahmed was of the opinion that keeping the policy rate unchanged was not seen as a measure taken to implement policy rather it is an act of escapism; a means by which the necessary measures …

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Tax-to-GDP ratio is not an indicator of actual economic strength of Pakistan

  New tax scheme introduced by present government may give a big push to tax regime in Pakistan Tax-to-GDP ratio, which revolves around 10-11 percent does not reflect the actual strength of the economy primarily due to a vast majority of trade and industry avoid documentation on various grounds including chronic issue of corruption, misconception about tax regime due to lack of education and last but not the least the …

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