ISLAMABAD: A delegation representing the Pakistan Pharmaceutical Manufacturers Association (PPMA) held a productive meeting with Asim Ahmad, Chairman of the Federal Board of Revenue (FBR), yesterday. The purpose of the meeting was to address concerns related to the sales tax regime governing the pharmaceutical sector.
Led by Syed Farooq Bukhari, Chairman of PPMA, the delegation consisted of prominent members and former Chairman of the Association, as stated in a press release. Afaq Ahmad Qureshi, Member IR-Policy FBR, was also in attendance during the meeting.
The discussion focused on various operational challenges faced by the pharmaceutical industry, and the delegation extended a cordial invitation to Chairman FBR to attend the upcoming Pharma Export Seminar scheduled for July 12. The seminar aims to explore opportunities for enhancing pharmaceutical exports.
Chairman Asim Ahmad assured the PPMA delegation of his unwavering support in resolving the challenges confronted by the pharmaceutical industry. His commitment to addressing these issues demonstrates the FBR's dedication to fostering a favorable business environment for the sector.
The PPMA remains optimistic about the outcome of the meeting and appreciates the Chairman's responsiveness to the concerns raised by the industry. By engaging in constructive dialogues, both the PPMA and the FBR aim to facilitate sustainable growth and development of the pharmaceutical sector in Pakistan.