Punjab, LCCI to hold Green Awards

 

LAHORE (Staff Reporter): To overcome serious environmental issues, the LCCI and Punjab Environment Department will jointly hold Green Awards competition. At first stage, it would be held between Sunder Industrial Estate & Quaid-e-Azam Industrial Estate and after that other sectors would be covered. This was revealed by LCCI President Malik Tahir Javaid and Punjab Environment Minister Begum Zakia Shahnawaz at a joint press conference at the Lahore Chamber of Commerce & Industry. LCCI Senior Vice President Khawaja Khawar Rashid, Vice President Zeshan Khalil, Tehmina Saeed Chaudhry and DG Environment Protection Ch Asif Iqbal also spoke on the occasion. Provincial Minister Zakia Shahnawaz said that shifting of entire responsibility to the industry for pollution is a sheer injustice because various other factors are also playing havoc in this regard. She said that issue of environment can be tackled through joint efforts as it is harming all segments of society. She urged the industrial sector to avail latest technologies for waste management, water treatment and to reduce gas omission.

 

She also called for separation of residential and industrial areas.The LCCI President Malik Tahir Javaid Green Award is a pioneering plan to clean and green the industrial areas of Lahore.

 

 

CCP imposes Rs2.7m penalty on 9 firms

 

ISLAMABAD (Staff Reporter): The Competition Commission of Pakistan (CCP) has imposed a penalty of Rs 2.7 million on nine companies for deceiving consumers by fraudulently using the trademark of another company. Bahawalpur-based Al-Rehman Oil Mills complained to CCP against nine companies namely Niaz Corporation, Hamza Corporation, Muslim Corporation, Mian Traders, Bahawalpur Oil Mills, Riaz Oil Mills, Baloch Oil Mills, Azhar Kiryana Store, and Waqas Oil Mills for fraudulently using its registered trademark, ‘Taizgaam,’ with slight modifications in their marketing material. The complainant said that this practice by these companies was harming its business interest and its hard-earned goodwill among consumers. The CCP’s enquiry found that the nine companies were infringing the trademark and imitating the trade dress (packaging size, colour combinations, logo design, label design, text, font type, size etc.) of Al-Rehman’s Taizgaam, resorting to copycat packaging or parasitic copying, which is a violation of Section 10 of the Competition Act, 2010.

Show-cause notices were issued to them on the recommendation of the enquiry report.

During the hearings, majority of these companies expressed their willingness to comply with CCP’s directions. The CCP’s bench imposed a penalty of Rs 300,000 on each of the nine companies for violating Section 10 of the Competition Act and directed them to stop using “Taizgaam” with their products.

The CCP’s order said that parasitic copying of the packaging and labelling of Al-Rehman Oil Mills products was misleading, deceptive, and could harm its business interests. Such conduct was intended to take advantage of the goodwill attached to the complainant’s trademark. The companies were also directed to file individual compliance reports with CCP within 30 days.

CCP is mandated under the Competition Act to ensure free competition in all spheres of commercial and economic activity, to enhance economic efficiency and to protect consumers from anti-competitive practices including deceptive marketing practices.

 

 

 

Traders present budget plans to PM today

 

LAHORE (Online): A high level joint delegation of FPCCI and United Business Group (UBG) will meet Prime Minister Shahid Khaqan Abbasi on Thursday (today) at Prime Minister Secretariat. Talking to newsmen here Wednesday United Business Group (UBG) Chairman and Vice President SAARC Chamber Iftikhar Ali Malik said that a delegation comprising newly elected FPCCI President Ghazandar Bilour SVP Syed Mazhar Ali Nasir, former federation Presidents Zubair Tufail, Mian Muhammad Adress, Malik Zubair, Chairman Federation Coordination and Diplomatic Committee Malik Sohail Hussain will discuss the problems confronting the business community across the country. He said that UBG is grateful to Prime Minister for taking elected trade body into confidence on all important economic and trade policies. He said that "We will give concrete input based on ground realities and viable prudent economic proposals to Prime Minister to accelerate the pace of economic activities and boost the export and early solution to their problems of business community besides immediate payment of refund".

He said that Prime Minister will also be requested to announce amnesty scheme to bring billions of rupees into tax net.

He said that entire business community is overburdened with heavy taxation slabs and can not compete international market compared to other countries which are offering an excellent package of incentives to their exporters.

 

 

 

Punjab receives 97pc taxes thru e-payment

 

LAHORE (Staff Reporter): Provincial Minister for Finance Dr Aisha Ghous Pashsa Wednesday said that the Punjab government was determined to make Pakistan a developed country by enhancing the growth rate by improving the security and energy conditions for creating conducive environment for the private sector through providing them ease of doing business by integrating more departments in the portal. She expressed these views while addressing the inaugural ceremony of the Punjab Information Technology Board’s developed online Business Registration Portal at Lahore Chamber of Commerce and Industries. Dr Ayesha said that the portal is developed for the Punjab Planning and Development Department in collaboration with Industries department to provide online solution to execute all business processes in a user-friendly environment and to improve productivity to conduct business registration activities efficiently and in a timely manner. Almost 97 percent of taxes in the province of Punjab are being received through e-payment.

Sheikh Aladdin, provincial minister for industries, said that the new industrial policy is in the final stage and would be announced soon.

Chairman PITB Dr Umar Saif said that all large functions of the Punjab have been digitalized during the last five years, which include police, health, education, stamping, e-ticketing, subsidies on various services, transfer of property, providing various services through e-Khidmat Centers under one roof within stipulated time frame, vehicle registration, providing Fard, support in case of loss of crops, floods as the Punjab government has renewed focus on improving business environment enabling energy deficit to disappear by automating all departments.