Karachi, February 27, 2025 – A high-level delegation from the National Tariff Commission (NTC), led by Chairman Naeem Anwer, visited the Pakistan Yarn Merchants Association (PYMA) to engage in in-depth discussions regarding the pressing challenges facing the textile sector.
(more…)Author: Shahnawaz Akhter
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KCCI to Discuss Issues Related to SRO 55 with FBR
Karachi, February 27, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has urged its members to actively participate in discussions regarding SRO 55 by submitting their recommendations.
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USC Layoffs Move to Next Stage, More Dismissals Expected
Karachi, February 27, 2025 – The ongoing wave of layoffs at the Utility Stores Corporation (USC) is set to intensify as new administrative directives have been issued to dismiss regular employees up to grade 12.
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Capital Gain Tax Collection Surges 82% in 7MFY25
Karachi, February 27, 2025 – The collection of capital gain tax has witnessed an extraordinary surge of 82% during the first seven months (July – January) of the fiscal year 2024-25, according to provisional data from the Federal Board of Revenue (FBR).
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Korea-Pakistan EPA Negotiations Expected Soon: Korean Envoy
KARACHI: The Ambassador of the Republic of Korea, Park Ki Jun, has indicated that negotiations for the Korea-Pakistan Economic Partnership Agreement (EPA) are expected to commence in the first half of this year. This development is set to lay a strong institutional foundation for enhancing economic exchanges between the two nations and fostering deeper trade relations.
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PSX Expects Pakistan’s Economic Growth to Continue
Karachi, February 27, 2025 – The Pakistan Stock Exchange (PSX) has expressed optimism that Pakistan’s economic growth is likely to persist in the coming months, driven by macroeconomic stabilization measures and strategic policy shifts.
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Citi Pharma Completes First-Ever Export to MENA Region
Karachi, February 27, 2025 – Citi Pharma Limited has announced the successful completion of its first-ever export to the MENA (Middle East and North Africa) Region, marking a significant milestone in its international expansion strategy.
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SBP Imposes Penalty of Over Rs 222 Million on Bank Alfalah
Karachi, February 27, 2025 – The State Bank of Pakistan (SBP) has imposed a monetary penalty of over Rs 222 million on Bank Alfalah, as per a report released on Thursday.
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RTO-I Karachi Seals Medical Store in Clifton for POS Violation
Karachi, February 26, 2025 – In a decisive move against businesses failing to adhere to federal tax regulations, RTO-I Karachi has sealed a prominent medical store located in the upscale Clifton area.
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Pakistan Customs Issues Fresh Valuation for Ceramic Tiles
Karachi, February 26, 2025 – Pakistan Customs has issued a new valuation ruling for ceramic and porcelain tiles to determine the applicable duties and taxes on imported consignments.
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