No compromise on documentation; PM refuses to withdraw CNIC condition

KARACHI: Prime Minister Imran Khan on Wednesday showed firm resolve to document the economy and flatly refused demands of business community to withdraw condition of CNIC on sales above Rs50,000. Read more »

Foreign investors’ perception over security environment further improves

KARACHI: The foreign investors have expressed satisfaction over improved security environment in Pakistan, according to a report released by Overseas Investors Chamber of Commerce and Industry (OICCI) on Tuesday. Read more »

Traders call off protest on successful talks with Sindh governor

KARACHI: Karachi Tajir Ittehad on Sunday called off its three-day shutter down protest after successful meeting with Sindh Governor Imran Ismail. Read more »

Traders announces three-day shutter down protest against tax measures from July 08

KARACHI: Small traders have announced three-day shutter down protest in the commercial and financial hub of the country against the changes in tax regime, which are implemented through Finance Act, 2019. Read more »

Karachi Chamber demands restoration of sales tax zero rating for export industries

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) on Thursday urged the government to restore sales tax zero-rating for export oriented industries as due to withdrawal of this scheme many industries have... Read more »

Karachi Chamber urges FBR to adjust refunds of previous amnesty’s refunds

KARACHI: President Karachi Chamber of Commerce and Industry (KCCI) Junaid Esmail Makda, while referring to his conversation with Minster of State for Revenue Hammad Azhar and Member IR – FBR Dr. Hamid... Read more »

Income from Dubai-based properties declarable, not taxable in Pakistan: FBR

KARACHI: Federal Board of Revenue (FBR) has said that income generated from Dubai-based properties is declarable but not chargeable to tax in Pakistan. Read more »

Prime Minister assures business community of considering sales tax zero rating

KARACHI: Prime Minister Imran Khan has assured business community of considering restoration of sales tax zero rating for export sector. Read more »

Small traders decide to strongly resist FBR’s raids

KARACHI: Small traders have decided to resist strongly any move of the Federal Board of Revenue (FBR) to raid markets and business premises. Read more »

Karachi Chamber opposes CNIC condition on supplies

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has opposed the requirement of Computerized National Identity Card (CNIC) details to be provided by suppliers of unregistered buyers. Read more »

FPCCI may opt harsh decisions against proposed budgetary measures

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on has announced to take harsh decision against duty and tax measures proposed through Finance Bill, 2019. Read more »

Business community wants secrecy of information under assets declaration scheme

KARACHI: Business community has urged Federal Board of Revenue (FBR) to keep information secret under assets declaration scheme in order to ensure confidence of declarants. Read more »