{"id":76173,"date":"2021-05-23T09:57:00","date_gmt":"2021-05-23T04:57:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=76173"},"modified":"2021-05-22T13:48:05","modified_gmt":"2021-05-22T08:48:05","slug":"scci-urges-for-special-tax-concessions-in-budget","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/scci-urges-for-special-tax-concessions-in-budget.html","title":{"rendered":"SCCI urges for special tax concessions in upcoming budget"},"content":{"rendered":"\n<p>Peshawar: The President of Sarhad Chamber of Commerce and Industry (SCCI) Sherbaz Bilour has urged the federal government to create a business-friendly environment by introducing incentives for the business community in the upcoming budget, according to a news source. <\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/scci-chinese-delegation-discuss-rashakai-sez.html\" target=\"_blank\" rel=\"noreferrer noopener\">SCCI, Chinese delegation discuss importance of Rashakai SEZ<\/a><\/p>\n\n\n\n<p>The SCCI highlighted that the traders should be exempted from taxes with their property rents, utility bills and slump sum rebate on overall taxes per case to be waived off.<\/p>\n\n\n\n<p>Bilour said that the SCCI is looking for a financial relief package especially for businesses adversely affected by the Covid-19 pandemic. The SCCI said that this will create a business-friendly favorable climate and competitive environment among local and foreign investors. <\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/scci-president-invites-belgium-to-invest-in-cpec-projects.html\" target=\"_blank\" rel=\"noreferrer noopener\">SCCI President invites Belgium to invest in CPEC projects<\/a><\/p>\n\n\n\n<p>Bilour also highlighted the need to re-evaluate special exemptions being offered to foreign investors, to keep local industries and investors competitive and generate revenue, and have also proposed special tax concessions with a ratio of 15 to 20%.<\/p>\n\n\n\n<p>He also said that the SCCI has proposed National Database Registration Authority\u2019s (NADRA) data to be utilised for identifying potential taxpayers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Peshawar: The President of Sarhad Chamber of Commerce and Industry (SCCI) Sherbaz Bilour has urged the federal government to create a business-friendly environment by introducing incentives for the business community in the upcoming budget, according to a news source. Read: SCCI, Chinese delegation discuss importance of Rashakai SEZ The SCCI highlighted that the traders should be exempted from taxes with their property rents, utility bills and slump sum rebate on overall taxes per case to be waived off. Bilour said that the SCCI is looking for a financial relief package especially for businesses adversely affected by the Covid-19 pandemic. The SCCI said that this will create a business-friendly favorable climate and competitive environment among local and foreign investors. Read: SCCI President invites Belgium to invest in CPEC projects Bilour also highlighted the need to re-evaluate special exemptions being offered to foreign investors, to keep local industries and investors competitive and generate revenue, and have also proposed special tax concessions with a ratio of 15 to 20%. He also said that the SCCI has proposed National Database Registration Authority\u2019s (NADRA) data to be utilised for identifying potential taxpayers.<\/p>\n","protected":false},"author":75,"featured_media":71456,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[37307,46003],"persona":[],"class_list":{"0":"post-76173","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-sarhad-chamber-of-commerce-and-industry-scci","9":"tag-scci-urges-for-special-tax-concessions-in-upcoming-budget","10":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SCCI urges for special tax concessions in budget - Zameen News<\/title>\n<meta name=\"description\" content=\"Peshawar: The President of Sarhad Chamber of Commerce and Industry (SCCI) Sherbaz Bilour has urged the federal government to create a business-friendly\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/scci-urges-for-special-tax-concessions-in-budget.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SCCI urges for special tax concessions in budget - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Peshawar: The President of Sarhad Chamber of Commerce and Industry (SCCI) Sherbaz Bilour has urged the federal government to create a business-friendly\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/scci-urges-for-special-tax-concessions-in-budget.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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