ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) submitted its proposals for the federal budget 2023-2024 on Thursday.
(more…)Category: Budget 2023-2024
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Overseas investors urge Pakistan to crack down on illicit trade, raid retailers
The Overseas Investors Chamber of Commerce and Industry (OICCI) has called upon Pakistan to take decisive action against retailers and manufacturers involved in illicit trade.
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Pakistan considers expanding CVT to include all movable assets
Pakistan is contemplating an expansion of the scope of the Capital Value Tax (CVT) to encompass all movable assets, sources said on Wednesday May 17, 2023.
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OICCI recommends demonetization of Rs5,000 banknote to curb cash dealings
The Overseas Investors Chamber of Commerce and Industry (OICCI) has put forth a recommendation to the government, urging the demonetization of the Rs5,000 banknote as a measure to curb cash dealings in the country.
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FPCCI proposes simplification of taxation system in Budget 2023-2024
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the government to implement taxation reforms and simplify the taxation system in the upcoming budget for the fiscal year 2023-2024.
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Foreign investors urge Pakistan to abolish withholding tax on telecom services
Foreign investors operating in Pakistan are calling on the country to abolish the withholding tax on telecom services.
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OICCI proposes harsh penalties for selling cigarettes below MLP
In anticipation of the upcoming federal budget, foreign investors operating in Pakistan, through the Overseas Investors Chambers of Commerce and Industry (OICCI), have submitted specific proposals pertaining to the tobacco industry to the Federal Board of Revenue (FBR).
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Foreign investors urge Pakistan to simplify withholding tax regime
Foreign investors in Pakistan are urging for a simplified withholding tax regime in the upcoming budget for 2023-2024.
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OICCI proposes increase in salaried tax exempt income threshold
The Overseas Investors Chamber of Commerce and Industry (OICCI) has submitted its proposals for the upcoming budget 2023-2024 to the Federal Board of Revenue (FBR).
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PBC terms super tax as penalty on documented sector
The Pakistan Business Council (PBC) has expressed its dissatisfaction with the imposition of super tax on corporate profits, describing it as a penalty on the documented sector.
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