Pakistan, April 21 -- The Pakistan Industrial and Traders Association Front (PIAF) has called for focusing on lowering tariffs on smuggling-prone items, increasing the share of direct taxes in revenue and lowering the slab of indirect taxes in the forthcoming budget to achieve key economic targets set for the new year. To fill the gap between demand and supply of energy, maximum funds should be allocated for the construction of water reservoirs and tapping of Thar Coal, he added.
The PIAF Chairman Fahimur Rehman Saigol, Senior Vice chairman Nasrullah Mughal and Vice chairman Tahirm Manzoor Chaudhry in a joint statement observed that there is significant progress, both on fiscal and current accounts, showing surpluses and could lead towards...