FPCCI welcomes decision for making Torkham Border operational

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has welcomed the government decision for making Torkham Border operational around the clock. Read more »

Income tax returns, sales tax procedure to be simplified: Asad Umar

KARACHI: Finance Minister Asad Umar has expressed his resolve to simplify income tax return forms and sales tax procedure to facilitate business community. Read more »

New policy to review 7,000 tariff lines for enhancing exports, investment: Razak Dawood

KARACHI: The government will review 7,000 customs tariff lines in the new national tariff policy in order to promote investment in Pakistan, Abdul Razak Dawood, Adviser to Prime Minister on Commerce and... Read more »

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 »