LAHORE: The Institute of Cost and Management Accountants (ICMA) Pakistan praised the federal government for presenting a growth-oriented budget and restoring the zero-rated regime for the five export-oriented sectors.
President Iqbal Ghori at ICMA Pakistan, in a statement, said this incentive would mobilise working capital and improve liquidity position of exporting industry, which would eventually help them to compete better in the international market.
“Keeping in view the decline in the growth of agriculture sector in the last fiscal year, the lucrative incentives announced in budget for this sector was the need of the hour and it would provide stimulus to the growth of other sectors as well which are dependent on agriculture for raw material input such as textiles, food industry,” Ghori said.
He hoped that the agricultural package would certainly bear fruit in the forthcoming fiscal year.
The headquarters of the Sui Southern Gas Company . — APP FileKARACHI: Sui Southern Gas Company has launched a fresh...
The logo of the ExpoMed Eurasia. — CA MI websiteKARACHI: Pakistan is participating in ExpoMed Eurasia, a leading...
Gold bars are seen in this undated file photo. — AFP/FileKARACHI: Gold prices increased by Rs500 per tola on...
FFBL Head Office building can be seen in Islamabad. — FFBL WebsiteKARACHI: Fauji Fertilizer Bin Qasim Limited has...
Representational file of an BMW car. — AFP FileLAHORE: Small improvements in economic credentials of the country are...
A fuel station worker filling petrol in vehicle at a fuel station in Karachi on Tuesday, April 16, 2024KARACHI: After...