A delegation of senior members of Stone Crushing Associations, led by the Minister for Labour and Human Resource, Punjab Ansar Majeed Khan, called on the Federal Minister for Finance, Revenue, Industries and Production, Muhammad Hammad Azhar, at the Finance Division today.
Additional Secretary, Ministry of Industries and Production, Member (Operations) FBR, and other senior officers participated in the meeting.
The senior members of the Stone Crushing Association briefed the Finance Minister about the operations of the Stone Crushing Industry which is an important pillar of the Construction industry as a whole. The delegation also apprised the Finance Minister about matters related to taxation, especially sales tax and requested to streamline the whole process by removing anomalies to facilitate the stone-crushing industry across the board.
While welcoming the delegation, the Finance Minister stated that stone crushing is of fundamental importance as it provides building blocks for the construction Industry
He lauded the valuable contribution of the industry and assured full cooperation and facilitation at the occasion.
The Finance Minister directed FBR to hold consultative sessions with the representatives of the Stone Crushing Associations and work out modalities for smooth enforcement of taxation benchmarks (with sub-categories) after evolving consensus among key stakeholders.
The Finance Minister reiterated the firm commitment of the Government in promoting the Construction Industry, which has triggered an impressive growth underpinning V-shape recovery amid the COVID-19 pandemic.
He outlined various stimulus measures taken by the Government to support the overall Construction Industry that led to a strong rebound in economic activity during the crisis, he added.
The Members of the Stone Crushing Associations complimented the Finance Minister on assuming additional responsibilities and thanked him for his continuous support and facilitation.
