PBC resents restoration of final tax regime for commercial importers

KARACHI: The business association of multinational companies (MNCs) has strongly criticized the proposed restoration of Final Tax Regime (FTR) for commercial importers. Read more »

KCCI hopes reform package to boost industrialization

KARACHI: The business community of Karachi praised Finance Minister Asad Umar for presenting the Economic Reforms Package and hoped it will promote industrialization and curtail trade deficit. Read more »

Phone tax ban hampers sales tax collection: SRB chairman

KARACHI: The restriction imposed by Supreme Court of Pakistan on sales tax collection on telephone services negatively impacted the overall collection, Kahalid Mahmood, Chairman, Sindh Revenue Board (SRB) said on Tuesday. Read more »

All measures will be taken against infiltration of commodity based diseases into Pakistan: Quarantine Department

KARACHI: Director General (Quarantine), Department Plant Protection Dr. Falak Naz on Tuesday said that all measures will be taken to save country from infiltration of any disease into Pakistan. Read more »

Govt. agrees to abolish withholding tax on cash withdrawal: KCCI

KARACHI: The government has agreed to abolish withholding tax on cash withdrawal from bank accounts by filers in order to encourage ease of doing business. Read more »

Pakistan, Saudi businessmen sign pact to explore new trade opportunities

KARACHI: Businessmen of Pakistan and Saudi Arabia have signed an agreement to explore new opportunities for mutually beneficial trade and economic relations. Read more »

FPCCI blames former government for misusing GIDC

KARACHI: Engr. Daroo Khan Achakzai, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the government to resolve the long outstanding issue of Gas and Infrastructure Development... Read more »

Incentives fail to improve textile export

KARACHI: Textile industry has failed to improve exports despite availing incentives of duty and taxes. Read more »

Foreign investors spend over Rs20 billion in CSR activities during 2018

KARACHI: The foreign investors who are members of the Overseas Investors Chamber of Commerce and Industry (OICCI) have invested in excess of Rs20 billion during the past twelve months in the socio-economic... Read more »

Value added sector seeks tax credit on equity investment for individuals, AOPs

KARACHI: The value added sector has urged Finance Minister Asad Umar to allow tax credit on equity investment for business individuals and Association of Persons (AOPs).       In a letter... Read more »

Meat exporters invited to explore Malaysian market

KARACHI: Economic Advisor to Terengganu Province in Malaysia Haji Roslin Abdul Rehman has urged the business community of Pakistan to seriously look into the possibility of exporting meat to Malaysia.    ... Read more »