Tag Archives: American Business Council voices concern over tax relief disallowance

KARACHI: Multina­tional companies have warned that the government move in the budget 2024-25, which proposed 25 per cent disallowance of sales promotion and advertisement expenses, could further weaken the investors’ interest and undermine efforts to attract foreign direct investment. In a letter to the Pakistan Broadcasters Association, the American Business Council (ABC), a platform of multinational companies and US businesses operating …

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