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IEA waives tax penalties for traders and investors

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The senior officials of the Islamic Emirate of Afghanistan held a ceremony on Sunday related to the waiver of tax penalties for businessmen and investors titled “waiver of tax penalties, supporting industry and trade” at the presidential palace.

Mullah Abdul Ghani Baradar Akhund, the Deputy Prime Minister for Economic Affairs, said in this ceremony that this measure was taken to support the businessmen and investors of the country.

Baradar has emphasized that currently all government expenses and budgets are financed from domestic revenues and it is necessary for the Ministry of Finance to provide full transparency in the field of tax collection.

He has also said that this transparency should be established in such a way that neither the Islamic Emirate’s revenues are lost nor undue taxes are imposed on investors and industrialists.

“It is the responsibility of the Ministry of Finance to create transparency in tax collection; transparency in such a way that the revenues of the Islamic Emirate are not lost, nor are unnecessary taxes imposed on investors and industrialists,” said Ghani Baradar.

The Second Deputy Prime Minister Abdul Salam Hanafi, however, has called on the businessmen and investors of the country to pay their taxes on time, otherwise, they will face legal action.

“The tax that is imposed by the Ministry of Finance should be paid in a transparent manner on time,” said Hanafi.

Simultaneously, Foreign Minister Amir Khan Muttaqi has also said that they have tried to provide facilities for traders outside and at the borders and customs to the best of their ability.

In addition, the officials of the ministries of finance and trade of industries say that the waiver of tax penalties for businessmen and investors is a good measure to support the private sector of the country and that they are trying to facilitate more facilities for investors in the country.

“The officials have tried to create facilities for progress in trade and industry and strongly support the private sector,” said Hedayatullah Badri, finance minister.

The officials of the Islamic Emirate meanwhile have asked the businessmen and investors to make effective use of the facilities and expand their investments in different sectors so that the economic problems in the country will be reduced and the working environment for the people will be favorable.

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Pakistan appoints 26 new jirga members for border crisis talks in Afghanistan 

Customs sources have said trade suspension is causing an estimated daily loss of $3 million in bilateral trade

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The Pakistani authorities have appointed a new 26-member jirga to hold further talks in Afghanistan over reopening Torkham border after the first round of talks hit a stalemate last week. 

Torkham crossing was closed almost a month ago when Pakistan border officials opposed the reconstruction and renovation of a security check post on the Afghan side. 

Sources told Pakistan’s Dawn news outlet that the new jirga would consist of 26 members, including experienced and influential tribal elders and local traders who are mostly members of Khyber Chamber of Commerce and Industry.

The source told Dawn talks could resume today, Monday March 17.

Torkham, a key border crossing between Pakistan and Afghanistan in the Khyber District of Khyber Pakhtunkhwa, remained closed for the 24th day on Monday amid rising concerns among traders of both countries who have suffered enormous losses due to the closure. 

The crossing was closed on February 21 after escalation of tensions between the border forces on both sides. During subsequent exchanges of fire, three Afghan soldiers died while eight Pakistani paramilitary troops also sustained injuries.

Customs sources have said trade suspension is causing an estimated daily loss of $3 million in bilateral trade adding that over the first 20 days, approximately $60 million in trade was lost.

Torkham Border Crossing facilitates the daily movement of around 10,000 people to Afghanistan and is a key trade route between the two countries. Over 5,000 trucks, including those carrying perishable goods, are currently stranded, causing heavy financial losses.

 

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Uzbekistan investors show keen interest in mining and construction sectors

The Uzbek Ministry of Investment, Industry and Trade said last month that Uzbekistan and Afghanistan plan to increase the trade turnover to $3 billion.

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Uzbek investors met last week with Afghanistan’s Deputy Minister of Commerce and Industry, Ahmadullah Zahid, and showed an interest in the construction and mining sectors in Afghanistan. The Ministry of Commerce and Industry (MoCI) said in a statement after the meeting that the Uzbek delegation had been assured that Afghanistan was secure and that there are vast investment opportunities in the construction and mining sectors.

Zahid reaffirmed the government’s commitment to supporting both domestic and foreign investors, ensuring a favorable business environment. He also said he hoped the investments would help boost Afghanistan’s economy and further strengthen economic relations between the two neighbouring nations. This comes after Uzbekistan opened a trade center in the northern city of Mazar-e-Sharif early this month.

The trade center provides Uzbek entrepreneurs with a platform to market their goods in Afghanistan.

Trade turnover between Uzbekistan and Afghanistan totalled $153.7 million in January 2025. This is 231 percent more against the same period last year ($46.3 million in January 2024).

The Uzbek Ministry of Investment, Industry and Trade said last month that Uzbekistan and Afghanistan plan to increase the trade turnover to $3 billion.

The latest development comes amid concerted efforts by both countries to boost their cross-border trade relations.

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Afghanistan records trade volume of $292 million via air corridors in 1403 solar year

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Afghanistan’s Ministry of Industry and Commerce says that in the solar year 1403 (April 2024 to March 2025), goods worth $292 million were transported through air corridors.

Abdulsalam Jawad Akhundzada, the ministry’s spokesman, said that the value of exports through air corridors this year totalled $125 million and imports $167 million.

He added that the main export items were dried fruits, saffron, dried and fresh figs, jujubes, pine nuts and handicrafts, and the main import items were medicines and electronic devices.

Akhundzada said that exports happened through Kabul, Kandahar and Mazar-i-Sharif airports to the United States, Germany, China, India, Britain, South Africa, Austria, United Arab Emirates and some other countries.

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