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Thursday, January 18th, 2018

President stresses to expedite process of tax refunds to small industries


President Mamnoon Hussain says the process of tax refunds to small industries should be expedited and they should be provided all necessary facilities to further strengthen the country’s economy.

Talking to a delegation of Pakistan Electric Fan Manufacturers Association headed by its Chairman Nabeel Ahmed Ilyas in Islamabad on Tuesday, he said that small industrialists can manufacture better products through proper usage of government concessions and exemptions.

The President appreciated that Pakistani fan industry is manufacturing energy efficient fans which is of great significance in the context of current energy situation.

He stressed the need for enhancing coordination between the fan industry and relevant ministries to further promote this trend so that issues of the industry could be resolved.

The President assured the delegation of his full support to resolve the issues of fan manufacturing industry.

He directed the Ministry of Industry and Production to take prompt measures to solve the problems of fan industry adding that in this regard cooperation of Ministry of Finance should also be sought.

Source: Ministry of Information, Broadcasting and National Heritage