KARACHI: Sindh Finance Minister Syed Murad Ali Shah urged the American Business Council (ABC) to give proposals for simplifying taxation procedures in the next provincial budget.

Addressing the council’s CEO round-table meeting on Thursday the minister said that the government was making business-friendly policies, undertaking infrastructure development projects and taking concrete steps to improve the law and order.

He also provided details about various projects planned for Karachi. The ABC members expressed their concerns regarding the rising cost of doing business in the province on account of various levies and taxes.

“The provincial government needs to formulate long-term, strong, efficient and business friendly policies and share the road map of its strategy to simplify the taxation structure and improve Karachi’s infrastructure which will encourage the business community to expand and invest,” said ABC President Nadeem Elahi.

Published in Dawn, November 27th, 2015

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Hasty transition
Updated 05 May, 2024

Hasty transition

Ostensibly, the aim is to exert greater control over social media and to gain more power to crack down on activists, dissidents and journalists.
One small step…
05 May, 2024

One small step…

THERE is some good news for the nation from the heavens above. On Friday, Pakistan managed to dispatch a lunar...
Not out of the woods
05 May, 2024

Not out of the woods

PAKISTAN’S economic vitals might be showing some signs of improvement, but the country is not yet out of danger....
Rigging claims
Updated 04 May, 2024

Rigging claims

The PTI’s allegations are not new; most elections in Pakistan have been controversial, and it is almost a given that results will be challenged by the losing side.
Gaza’s wasteland
04 May, 2024

Gaza’s wasteland

SINCE the start of hostilities on Oct 7, Israel has put in ceaseless efforts to depopulate Gaza, and make the Strip...
Housing scams
04 May, 2024

Housing scams

THE story of illegal housing schemes in Punjab is the story of greed, corruption and plunder. Major players in these...