Tax relief can jack up tractor manufacturing




STAFF REPORT MULTAN: A veteran industrialist has prescribed reduction in sales tax to give boost to tractor manufacturing which has declined to only 18,376 units in 2013-14 from 71,000 in 2010-11 since the levy of sales tax in 2011-12.
"The goal of modern and mechanized agriculture could only be achieved by reducing taxes on agriculture machinery and simplifying their purchase procedure," said Multan Chamber of Commerce and Industry’s (MCCI) convener of sub-committee on

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