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Paper marchants want duty-free import of paper for textbooks

06:11 PM | 18 Jul, 2018
Paper marchants want duty-free import of paper for textbooks
LAHORE - All Pakistan Paper Merchants Association (APPMA) Wednesday urged the government to reduce import duty on paper and paperboard.

The government should also allow duty-free import of paper used for printing of textbooks that would help the students to get textbooks on cheaper rates, while leading APPMA delegation, Khamis Saeed Butt made this demand in a meeting with Lahore Chamber of Commerce and Industry (LCCI) Acting President Muhammad Nadeem Qureshi here at LCCI on Wednesday.

They have discussed in detail the issues pertaining to trade and economics with special focus on the paper industry.

During the meeting, Nadeem Qureshi assured the delegates that Lahore Chamber would continue its untiring efforts to promote the paper and paperboard sector, adding that this sector was doing a social
service by keeping the education in the reach of the common man.

All Pakistan Paper Merchants Association was playing a significant role for the promotion of education sector, he opined.

He said that government and private sector were important for each other and could not move separately. He called upon the government to develop policies to ensure conducive business environment and
address genuine issues of the business community.

LCCI Acting President said that business community was the driving force of the economy but it could not play its due role for the economic well-being of the country because of various challenges. He said, there was an urgent need to reform the taxation system by engaging all the stakeholders.

He also stressed the need for widening the tax base and bringing untaxed sectors into tax net instead of burdening existing taxpayers.

Associated Press of Pakistan Corporation (APPC) - Pakistan's Premier News Agency

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Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 19 April 2024

Pakistani currency saw minor adjustment against global currencies on April 19, 2024. US dollar was being quoted at 277.4 for buying and 280.4 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.2 and Saudi Riyal's new rates was at 73.30.

Today’s currency exchange rates in Pakistan - 19 April 2024

Currency Symbol Buying Selling
US Dollar ‎USD 277.4 280.4
Euro EUR 293 296
UK Pound Sterling GBP 342.25 345.65
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.09 748.09
Canadian Dollar CAD 201 203
China Yuan CNY 38.44 38.84
Danish Krone DKK 39.69 40.09
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.64 911.64
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.31 25.61
Omani Riyal OMR 722.87 730.87
Qatari Riyal ‎QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.08 307.58
Thai Bhat THB 7.56 7.71

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