ICCI demands for introduction of single digit GST in upcoming budget.

ISLAMABAD -- Muhammad Shakeel Munir, President, Islamabad Chamber of Commerce and Industry (ICCI) said that the 17 percent General Sales Tax (GST) in Pakistan was quite high as compared to many other countries, which was a major cause of high inflation and high cost of doing business. He called upon the government to introduce a single digit GST in Pakistan in the upcoming budget that would bring down the production cost, provide good relief to the common man in prices and facilitate the better growth of business activities. He said this while addressing an Iftar Dinner hosted by renowned businessman Iqbal Butt. Baser Daud former President, Muhammad Naveed Malik former Senior Vice President ICCI, Mustafa Malik, ZeeshanSadiq, Nadar Khan and others were present at the occasion.

Muhammad ShakeelMunirsaid that the sales tax rate was 5 percent in...