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ISLAMABAD:In
new balance 990 what appears to be a reversal of the liberal foreign investment policy, Pakistan has started creating hurdles in the way of
adidas spezial pink repatriation of profits overseas by multinational companies, said Overseas Investors Chamber of Commerce and Industry (OICCI) on Tuesday.The complaint from the OICCI - a representative body of multinational companies working in Pakistan - about unannounced restrictions on profit repatriation exacerbates the problem Pakistan is facing due to a steep fall in official foreign currency reserves. If the repatriation of profits stops, it will hurt the image of Pakistan, cautioned Bruno Olie
air force mid rhoek, OICCI President, while addressing a press conference.He said foreign investors were already facing serious problems due to an unfair tax system and blocking of tax refunds by the Federal Board of Revenue (FBR).Over the last at least six months, OICCI members had complained about delays, sometimes of months, in profit repatriation, said Olierhoek.Responding to a qu
