Tuesday, April 24, 2012

‘Strategy for growth’: ACCA Pakistan to deliberate on the budget 2012-13

Every year, ACCA Pakistan submits its budget proposals to the Federal Board of Revenue (FBR) and the theme for the budget proposals 2012-13 is strategy for growthACCA Pakistan’s budget proposals support fair taxation policies by making recommendations aimed at enterprise growth, social equality, environment conversion and promoting savings and investments. In order to facilitate industry, government and financial expert engagement and perspective sharing on the shape of the upcoming Federal Budget, ACCA Pakistan is organising a Pre-Budget Seminar at Serena Hotel, Islamabad on 27 April 2012. 

Strong fiscal policies backed by long term stability are the need of the hour for a sustainable economic growth of Pakistan. Fiscal measures with long term strategy are required to create opportunities for investment, industrialisation and employment generation. Power shortages and inflation are the two key challenges faced by our economy and the improved tax collection system can lead the growth of business in the country.

In the session, ACCA Pakistan and other experts will discuss various recommendations on the upcoming budget 2012-13. The seminar speakers include Mumtaz Haider Rizvi, Chairman, Federal Board of Revenue (FBR), Yaser Sakhi Butt, President, Islamabad Chamber of Commerce and Industry (ICCI), Malik Munir, Member ACCA Pakistan Taxation Sub-committee, and Ayla Majid, Vice Chairperson, ACCA Pakistan Members Network Panel along with Arif Masud Mirza, head of ACCA Pakistan and Noor Aftab, head of ACCA Islamabad. The seminar will be attended by economists, employers and members from the financial fraternity.