FCCI prepares draft proposals for budget 2016-17

FAISALABAD: Faisalabad Chamber of Commerce & Industry (FCCI) has prepared draft proposals for Budget 2016-17.

The national level pre-budget seminar will be held during next month which will be attended by high government officials, renowned economists and office bearers of the Chambers of Commerce and Industry (CCIs) across the country.

Briefing on "Draft Budget Proposals" Chaudhry Muhammad Nawaz President FCCI appreciated the efforts of Hamid Masood, FCCI Advisor on Accounts and said that this Chamber was preparing Budget Proposals for the last many years which were presented to the Federal Board of Revenue for including in the Federal Budget.

He said, "It is very encouraging that most of our proposals are discussed at the highest level and many of these are incorporated in the federal budget."

He further said that FCCI had been making painstaking efforts to prepare the budget proposals.

In this connection, the proposals were invited from all sectors of the economy and various trade associations affiliated with this Chamber.

Syed Zia SVP also lauded the efforts of Hamid Masood and said that earlier FCCI had also compiled 167 pages draft of Companies Draft Bill 2016.

He said that FCCI was the only Chamber in Pakistan which had contributed its role in the preparation of this draft document.

Earlier, Hamid Masood gave briefing on the Budget Proposals.