KP BOIT working to obtain Sales Tax Concession in KP SEZs: Hassan Daud Butt
Khyber Pakhtunkhwa Board of Investment and Trade (BOIT) held a meeting under the Chairmanship of Chief Executive Officer (CEO) KP BOIT Hassan Daud Butt. The meeting was convened to deliberate the issues faced by the business community including permits, NOCs, regulations and inspections etc. It was attended by all chambers of commerce in KP. Establishing new SEZ and launch of One Window Operation Facilitation Desks for the formation of Small Medium Entrepreneur (SME) Sector was also part of the agenda. KP BOIT is soliciting approval for sales tax exemption in SEZs by KP Revenue Authority, CEO Hassan Daud Butt stated.
PESHAWAR, (APP – UrduPoint / Pakistan Point News – 15th Oct, 2019 ) :A meeting of Khyber Pakhtunkhwa board of Investment and Trade (BOIT) held here Tuesday to discuss problems confronted by business community including permits, NOCs, regulations and inspections etc.
The meeting chaired by CEO KP BOIT Hassan Daud Butt and attended by presidents of all chambers of commerce of the province, representatives of business community included academia, government’s departments, security exchange commission, donor agencies and banking sectors.
The meeting discussed establishment of new economic zone in the province besides setting up of one window Facilitation Desks for establishment of Small Medium Entrepreneur (SME) Sector by the industrialists and investors.
The participants informed the meeting that for interconnection of all stakeholders is necessary for making government policies for e-commerce and IT promotion.
Speaking on the occasion, Hassan Daud Butt said that KP BOIT in collaboration of Khyber Pakhtunkhwa government would achieve the target of investment soon.
He urged financial organizations to come forward for strengthening the provincial economy adding that KP BOIT is striving to exempt sales tax by the KP Revenue Authority in new economic zones.
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