PM asked to reduce taxes on export oriented industries.

KARACHI -- Khawar Noorani, ex- Chairman, Pakistan Yarn Merchant's Association (PYMA), Friday requested Prime Minister Imran Khan to save industries from destruction and demanded of him to reduce taxes on export oriented industries.

In a statement, Noorani said that businessmen and industrialists were very hopeful that Imran Khan, as a Prime Minister, would took steps for development of trade and industry, which will move the country on track of the economic growth and prosperity, But Prime Minister, Imran Khan had forgot his all promises . Noorani said due to heavy increase in taxes, textile sector, which is back bone of economy, had reached the brink of disaster. Due to imposition of 17 percent sales tax, it's impossible to continue productive activities for export oriented...

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