April 4, 2024, Karachi: Indus Motor Company (IMC) has been awarded the prestigious ‘Compliant Corporate Taxpayer’ accolade by Prime Minister Shahbaz Sharif.
The ceremony recently held at the Prime Minister House, witnessed Ali Asghar Jamali, Chief Executive of Indus Motor, receiving the award on behalf of the company.
This esteemed recognition was bestowed upon IMC as part of a special incentive program initiated by the Prime Minister to honor Pakistan’s leading exporters and taxpayers. IMC, known for its significant contributions to the nation’s economy, particularly in terms of tax compliance, emerged as one of the highest taxpayers in the country, thereby deserving this commendation.
Expressing gratitude for the recognition, Ali Asghar Jamali remarked, “IMC is deeply honored to receive this appreciation from the Government of Pakistan. We take immense pride in our role as one of the foremost contributors to Pakistan’s economy. Through initiatives such as employment generation via local content enhancement and substantial revenue contribution to the national exchequer in the form of taxes and duties, our commitment to fostering Pakistan’s economic growth remains unwavering.”
Indus Motor Company, a key player in Pakistan’s automotive sector, has consistently demonstrated a steadfast dedication to upholding the highest standards of corporate citizenship and fiscal responsibility. This award serves as a testament to IMC’s unwavering commitment to fulfilling its corporate duties while simultaneously driving economic progress and prosperity within the nation.
The recognition not only underscores the company’s exemplary performance in terms of tax compliance but also highlights its pivotal role in supporting the government’s efforts to bolster the country’s fiscal framework. IMC’s adherence to regulatory norms and ethical business practices further cements its position as a trusted and responsible corporate entity within the Pakistani business landscape.
As Pakistan continues its journey towards economic resilience and sustainable development, partnerships between the government and leading corporations like Indus Motor Company are crucial for achieving collective prosperity. Through initiatives aimed at promoting transparency, accountability, and corporate citizenship, such collaborations pave the way for a brighter and more prosperous future for all stakeholders involved.
IMC’s receipt of the “Compliant Corporate Taxpayer” Award serves as a source of inspiration not only for the company itself but also for other enterprises striving to make meaningful contributions to Pakistan’s socio-economic fabric. Moving forward, IMC remains committed to driving positive change and fostering economic growth, thereby reaffirming its status as a beacon of corporate excellence in Pakistan.
