Conditions for masks import should be relaxed: Khurram Ijaz

KARACHI: Khurram Ijaz, Vice President, Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the authorities to relax conditions on import of face masks and facilitate masses considering the spread... Read more »

Stock market gains 236 points as international oil prices gain

KARACHI: The stock market gained 236 points on Friday owing to slight improvement in international oil prices, analysts said. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 33,931 points... Read more »

Dollar rises to Rs163.10 amid payment pressure

KARACHI: The Pak Rupee ended down by Rs1.11 to the dollar on Friday as demand for import and corporate payments remained persist, dealers said. The rupee closed at Rs163.10 to the dollar... Read more »

FBR advised to withdraw powers of freezing bank accounts for tax recovery

KARACHI: Federal Board of Revenue (FBR) has been advised to withdraw powers of tax officials related to freezing bank accounts for tax recovery. Karachi Chamber of Commerce and Industry (KCCI) in its... Read more »

Regulatory duty must be rationalized to curb smuggling: Karachi Chamber

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has urged tax authorities to rationalize the regulatory duty on imported goods in order to curb smuggling. In its proposals for budget 2020/2021, the... Read more »

Auto parts, motorcycles should be excluded from retail price printing condition

KARACHI: Federal Board of Revenue (FBR) has been urged to exclude auto spare parts and motorcycles from the requirement of printing of retail price. Karachi Chamber of Commerce and Industry (KCCI) in... Read more »