202025 Nov
Export growth dependent on sale tax refunds
Summary
This is apropos a Business Recorder op-ed "Export growth dependent upon sales tax refunds" carried by the newspaper yesterday. The writer, Tahir Jahangir, who is widely known as a successful businessman, has strongly advocated a key point. According to him, "it would be better to revert to the older system of industry wide declared refunds which are paid as soon as exports are made. Non-payment or delayed payment of refunds has been playing the role of barriers to export growth. That critically of exports in relation to countrys economy cannot be underestimated is a fact.
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