Karachi, January 2, 2026 – Businessmen Panel Progressive (BMPP) Secretary General and former Vice President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), Khurram Ejaz, has raised serious concerns over the Federal Board of Revenue’s (FBR) move to scrutinize export income, warning that it could discourage exporters and hurt Pakistan’s economic goals.
(more…)Category: Trade & Industry
This section covers news on trade and industry. Pakistan Revenue is committed to providing the latest updates on business trends.
-
Azeem Hussain Siddiqui Assumes Office as ICMAP President
KARACHI — Azeem Hussain Siddiqui has taken charge as the President of the Institute of Cost and Management Accountants of Pakistan (ICMAP), following the successful completion of the Institute’s constitutional election process for the remaining 2024–2026 term, according to a press release.
(more…) -
2025 a Turbulent Year for Pakistan’s Economy: BMG Chairman Zubair Motiwala
Karachi, December 31, 2025 — Chairman of the Businessmen Group (BMG), Zubair Motiwala, has described 2025 as one of the most turbulent and challenging years for Pakistan’s economy and business community, marked by policy uncertainty, deep structural issues, and mounting pressure on productive sectors.
(more…) -
CCP highlights major achievements against cartelization in 2025
Islamabad, December 28, 2025 – The Competition Commission of Pakistan (CCP) recorded significant enforcement achievements in 2025 by taking decisive action against cartelization, price fixing, and other anti-competitive practices across multiple sectors of the economy. These efforts aimed to protect consumers, promote fair competition, and strengthen market transparency.
(more…) -
APTMA seeks winter waiver on CPP levy amid power shortages
The All Pakistan Textile Mills Association (APTMA) has urged the federal government to grant a temporary waiver on the levy imposed on Captive Power Plants (CPPs) during the winter season, citing severe electricity shortages that are disrupting industrial operations across the country.
(more…) -
Pakistan makes SBP security deposit mandatory for cotton exports
Islamabad, December 26, 2025 — The government of Pakistan has introduced stricter conditions for cotton exports by making it mandatory for exporters to place a security deposit with the State Bank of Pakistan (SBP). The move aims to strengthen contract compliance and ensure timely shipment of cotton exports.
(more…) -
Goods transporters hike freight rates sharply after strike, KCAA raises alarm
Karachi, December 25, 2025 — The Karachi Customs Agents Association (KCAA) has expressed serious concern over a sudden and steep increase in freight charges imposed by goods transporters following the conclusion of a week-long strike, warning that the move is significantly raising the cost of doing business and disrupting the logistics chain.
(more…) -
Pakistan rice exports plunge 49% during first five months of FY26
Karachi, December 25, 2025 — Pakistan’s rice exports have witnessed a sharp decline of 49% during the first five months (July–November) of the fiscal year 2025-26 compared to the same period last year, according to data released by the Pakistan Bureau of Statistics (PBS).
(more…) -
FPCCI calls for review of FTAs to reduce trade deficit and boost exports
Karachi, December 24, 2025 — The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the government to urgently review existing Free Trade Agreements (FTAs) to help curb the widening trade deficit and ensure equitable benefits for Pakistani exporters.
(more…) -
KCCI congratulates Arif Habib consortium on historic PIA acquisition
Karachi, December 24, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) on Wednesday extended its congratulations to the Arif Habib-led consortium for the successful acquisition of Pakistan International Airlines (PIA), describing it as a historic milestone for Pakistan’s aviation sector and the country’s broader economic reform agenda.
(more…)