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Tag Archives: S.I.T.E. Association of Industry

Negative real interest rate is the need of the hour: Chairman, SAI Trade and Taxation committee

Karachi, February 03, 2020 (PPI-OT): SITE Association of Industry understands the philosophy of adhering to the conventional wisdom of maintaining positive real interest rate which is done to restrict money supply thereby curbing demand led inflationary pressures.

In a statement, …

Lack of cleanliness in SITE industrial area; SEPA is issuing notices on the basis of garbage accumulation

Karachi, March 13, 2019 (PPI-OT): Mr. Saleem Parekh, President SITE Association of Industry showing his grievances over garbage accumulation and lack of cleaning in SITE – the largest industrial area, has said that due to non-performance of SITE Limited, Sindh …

SITE Association expresses solidarity with Armed Forces of Pakistan

Karachi, March 01, 2019 (PPI-OT): Patron-in-Chief Siraj Kassam Teli, Patron Zubair Motiwala and President Saleem Parekh of SITE Association of Industry, have announced full support for the armed forces of Pakistan in the current situation. Addressing the Members of the …

Advance income tax; a liability, not revenue. Saud Mehmood

Karachi, January 22, 2019 (PPI-OT): Saud Mehmood, Chairman, Taxation Sub-Committee of SITE Association of Industry in a press statement, has said that We strongly believes that the complex web of advance income taxes being withheld at every conceivable stage such …

The mismanaged ‘managed floating rate’

Karachi, January 09, 2019 (PPI-OT): Saud Mehmood, Chairman, Taxation Sub-Committee of SITE Association of Industry in a press statement, has said that the Association completely understands that rupee depreciation is an important step to curtail the spiralling current account deficit. …