KCCI seeks three month deferment for implementing unregistered buyers’ details

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) on Monday urged the government to defer implementation of obtaining information of unregistered buyers. Read more »

Karachi Chamber highlights budget anomalies, urges rectification

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Junaid Esmail Makda, while highlighting various Sales Tax and Income Tax anomalies unveiled in the Federal Budget 2019-2020, appealed Prime Minister Imran Khan,... Read more »

Any duty increase on beverages to result in industry closure: Siraj Teli

KARACHI: Siraj Kassem Teli, director of Pakistan Beverage Limited (Pepso Co. franchisee), while using platform of Karachi Chamber of Commerce and Industry (KCCI) raised voice against government’s proposed plan for implementing excise... Read more »

KCCI expresses concerns over frequent rise in POL prices in Naya Pakistan

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has expressed concerns over frequent rise in petroleum prices in Naya Pakistan of present government and said that such hike in prices will make... Read more »

KCCI praises Imran Khan for providing relief to tax evaders through amnesty scheme

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has praised Prime Minister Imran Khan for giving opportunity to tax evaders to document their black money at very low tax rates. Read more »

Karachi Chamber welcomes restricting FBR officers for freezing taxpayers’ bank accounts

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has warmly welcomed the first order issued by the newly appointed Chairman Federal Board of Revenue (FBR) Shabbar Zaidi immediately after assuming charge in... Read more »

FBR asked not to send notices for turnover tax

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has urged Federal Board of Revenue (FBR) to issue necessary instructions to all RTOs to refrain from sending notices for demanding the unjust annual... Read more »

KCCI hopes new finance adviser to take steps minimizing taxpayers’ grievances

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) on Monday felicitated Dr. Hafeez Shaikh on his appointment as adviser to prime minister on finance, revenue and economic affairs. Read more »

Freezing bank account, raid only on discovery of evasion: KCCI

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has recommended that harsh measures of freezing bank account and raid should only be undertaken on discovery of massive tax evasion. Read more »

Commerce ministry help sought as South Africa imposes anti-dumping duty on Pakistani cement

KARACHI: Chairman Pakistan-South Africa Business Forum (PSABF) Mohammad Rafiq Memon has said that Pakistan’s cement exports to South Africa have suffered terribly during the last couple of years because of the anti-dumping... Read more »

IMF assistance only option for economy: Shaikh Rasheed

KARACHI: Sheikh Rasheed Ahmed, Federal Minister for Railways on Saturday said the economy is facing immense difficulties. Read more »

Ministry assures softening labeling conditions on imported consignments till June 30

KARACHI: The government has agreed to soften labeling conditions till end of June 2019 in order to facilitate consignments stuck up at ports, industry sources said on Wednesday. Read more »