Friday, July 12, 2024
spot_img
HomeEconomyFUAD ISHAQ DEMANDS TAX REFORMS, OIL REFINERY ESTABLISHMENT, AND TECHNICAL TRAINING PROGRAMS...

FUAD ISHAQ DEMANDS TAX REFORMS, OIL REFINERY ESTABLISHMENT, AND TECHNICAL TRAINING PROGRAMS FOR KP IN FISCAL BUDGET 2024-25

President, Sarhad Chamber of Commerce and Industry, Fuad Ishaq ne fiscal Budget year 2024-25 ke liye proposals dete huye mojooda tax-base ko broaden karne ke liye mazeed reforms ki demand ki.

Unho ne kaha ke KP electricity aur gas ka net exporter hai, bawajood iske ke provinces ko dusre federating units ke barabar rates charge kiye ja rahe hain, jo ke bilkul unfair aur unjustifiable hai.

Fuad ne kaha ke KP ki total oil production 31,000 barrels per day hai, jo ke mulk ki poori oil production ka 42 percent share hai. Unho ne Khyber Pakhtunkhwa me oil refinery ke qayam ki tajwez di jahan oil reserves surplus quantity me available hain.

Fuad ne IDBP ko revive karne ki baat ki taake province me industry ko promote karne ke liye aasan shara’it par loans provide kiye ja sakein.

Unho ne zikar kiya ke human resources se 30 se 32 billion dollars official aur itni hi raqam unofficial foreign exchange ke tor par aa rahi hai. Isliye unho ne mulk ke human resources ke liye special technical training program launch karne ki darkhwast ki.

Fuad Ishaq Islamabad me All Pakistan Presidents Conference ke doran baat kar rahe the, jo ke yahan Sunday ko ek statement me kaha gaya. Conference me Pakistan ke sab chambers ke presidents, FPCCI office bearers aur association presidents ne shirkat ki.

SCCI president ne kaha ke KP 6500 megawatt electricity produce kar raha hai jisme se 2700 megawatt garmi me aur sirf 1100 megawatt sardi ke mausam me utilize hoti hai, baqi produced electricity national grid ko export hoti hai.

Unho ne kaha ke US ne China par anti-dumping duty lagayi hai, jo ke Pakistan ke liye 100 billion dollar export ka mauqa hai. Unho ne hukumat se kaha ke Chinese investors ko invest karne par pursue kiya jaye aur 100 billion dollar exports se faida uthaya jaye jo KP me industrial aur economic activities ko promote karega aur province ke bohot se logon ke liye employment opportunities paida karega.

Bangladesh, Japan aur Korea ke examples dete huye, Fuad ne kaha ke in mulkon ne import open kiya aur raw material se finishing products banake export karte hain aur apna foreign exchange badhate hain.

SCCI chief ne loans par Rs8 Trillion interest payment par shadeed concern express kiya.

Hydel, nuclear aur thermal power ke bare me baat karte huye, Fuad ne kaha ke in tamam resources ka expenditure sirf Rs11 per unit hai magar power distribution companies ki inefficiency, chori aur badhte hue line losses ki wajah se Rs23 per unit tak barh gaya hai. Unho ne iske eradication ke liye hukumat se steps lene ki darkhwast ki.

Chamber president ne gas crisis aur low pressure par baat karte huye kaha ke log high gas prices ki wajah se gas disconnect karne par majboor ho gaye hain aur alternative fuel sources use kar rahe hain.

Tax-base broaden karne ki zaroorat par zor dete huye, Fuad ne kaha ke rough estimates ke mutabiq, lagbhag 30 million log mukhtalif taxes pay kar rahe hain jisme salaried class bhi shamil hai aur ye bilkul wazeh hai ke sirf 120,000 business community ke members har saal Rs 1 Million se zyada taxes pay kar rahe hain.

SCCI chief ne IPPs ko review karne ki darkhwast ki taake mojooda economic crisis ko overcome kiya ja sake. Unho ne national level par sab vehicle number plates issue karne aur income aur tax-revenue ko province ki population ke mutabiq distribute karne ki proposal di. Unho ne kaha ke KP vehicle registration aur taxes ke sir par Rs 1 Billion revenue kama raha hai jabke Islamabad har saal Rs 20 Billion hasil kar raha hai.

Conference ke participants ne FY budget 2024-25 ke liye mukhtalif proposals par thoroughly deliberation ki aur mulk par loans ka huge burden hone par shadeed concern express kiya.

- Advertisment -spot_imgspot_imgspot_imgspot_img

Most Popular

×