After taking all stakeholders on board, the government will give incentives to the priority areas of industrial sector for revival in current critical situation,” Razaq Dawood said while talking to APP. The government was striving to resolve the liquidity issue of industrial sector, he said, adding that payments of Drawback of Local Taxes and Levies (DLTL), which were pending since 2009, would be expedited. Replying to a question, he said the government would pay all the refunds, including a Rs200 billion package to compensate the industrial sector, in the upcoming budget 2020-21. The adviser said the refund of Rs100 billion for the business community was part of the government commitment to ensure facilitation of the business community in this challenging situation. Maqsood Anwar Pervaiz said that business community of Khyber Puktunkhwa also stands with the government and lauded Rs100 billion package announced by the government.

Source: Pakistan Today April 03, 2020 15:22 UTC