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 »

Eatery owners knowingly ignore hygiene requirements: Sindh Food Authority

KARACHI: Eatery owners are well aware about their shortcomings yet they ignore hygiene requirements and compromise with public health, Abrar Ahmed Sheikh, Director Operations, Sindh Food Authority (SFA) said on Tuesday. Read more »

Printing details, ingredients on imported goods: KCCI demands reviewing notification implementation date

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has demanded the commerce ministry to review the date of implementation of a notification regarding printing of details and ingredients on the imported goods.... Read more »

FBR improving capacity to take action against tax evaders: Chairman

KARACHI: Federal Board of Revenue (FBR) is increasing its capacity to handle large size data of tax evaders, FBR chairman said in a meeting with members of Karachi Chambers of Commerce and... Read more »

Business community welcomes govt. resolve for eradicating corrupt FBR elements

KARACHI: The business community has welcomed firm resolve of the government for eradicating corrupt elements from Federal Board of Revenue (FBR) to boost trust level on tax collecting agency. Read more »

Prime Minister invites suggestions on new tax amnesty scheme: KCCI

KARACHI: Prime Minister Imran Khan has asked business community to give their suggestions for a new tax amnesty scheme, said Junaid Makda, President, Karachi Chamber of Commerce and Industry (KCCI) on Monday. Read more »

KCCI expresses concerns over shifting weekly holiday rumors

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has cautioned that any move to shift weekly holiday from Sunday to Friday would be resisted and it should not be done as it... Read more »

Karachi Chamber expresses serious concerns over gas shutdown to industries

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has expressed serious concerns over abrupt shutdown of gas supply to industries and said that such closure caused immense losses to the tune of... 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 »