The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and United Business Group have called on the government to cut taxes on property transactions to boost the struggling construction and housing sector.
(more…)Category: Trade & Industry
This section covers news on trade and industry. Pakistan Revenue is committed to providing the latest updates on business trends.
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Khurram Ijaz expresses concern over rising government debt
Karachi, March 6, 2026: Khurram Ijaz, General Secretary of the Businessmen Panel Progressive (BMPP) and former Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has expressed serious concern over the continued rise in Pakistan’s public debt, warning that the growing burden could pose significant challenges for the country’s economic stability and fiscal sustainability.
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KCCI warns export decline as gas supply to industries suspended
Karachi, March 6, 2026 – The Karachi Chamber of Commerce and Industry (KCCI) has raised serious concerns over the government’s decision to suspend gas supply to industries for two days a week, warning that the move could accelerate the decline in Pakistan’s exports and further strain the country’s fragile economy.
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SAI warns industrial sector of crisis amid electricity tariff hike, gas shortage
Karachi, March 5, 2026: Abdul Rehman Fudda, President of the S.I.T.E. Association of Industry (SAI), has raised alarms over soaring electricity tariffs and a two-day gas supply suspension affecting industries in Karachi. The disruption was reportedly due to missing RLNG cargos from Qatar, according to Sui Southern Gas Company (SSGC).
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How Imports Are Impacting Pakistan’s Footwear Industry
Islamabad, March 5, 2026: A delegation representing Pakistan’s leather and footwear industry met with Federal Minister for Commerce, Jam Kamal Khan, to discuss challenges facing the sector, including the impact of used footwear imports, export opportunities, and regulatory reforms.
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FPCCI flags energy crisis risk amid Strait of Hormuz disruption
Karachi, March 4, 2026 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has raised serious concerns over potential energy shortages and economic fallout amid ongoing disruptions in the Strait of Hormuz, a key global oil transit route.
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Khurram Ijaz voices concern over widening trade deficit, calls for urgent export boost
Karachi: Khurram Ijaz, General Secretary of the Businessmen Panel Progressive (BMPP) and former Vice President of the Federation of Pakistan Chambers of Commerce and Industry, has expressed serious concern over Pakistan’s widening trade deficit and urged the government to take immediate and effective measures to boost exports.
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Citi Pharma approves IPO of subsidiary to raise up to Rs2 billion
Karachi, March 3, 2026 – The Board of Directors of Citi Pharma Limited has approved the initiation of an Initial Public Offering (IPO) of its wholly owned subsidiary, Citi Veterinary Pharma Limited, aiming to raise up to Rs2 billion.
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Pakistan’s trade deficit balloons 25% in first eight months of FY26
Islamabad, March 2, 2026 – Pakistan’s trade deficit surged by 25% to $25.04 billion during the first eight months (July–February) of fiscal year 2025-26, compared to $20 billion in the same period last year, official data revealed on Monday.
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Pakistan corporates push IMF to axe super tax, boost business growth
Islamabad: Leading corporate bodies of Pakistan have urged the International Monetary Fund (IMF) to help abolish the super tax, reduce corporate tax in a phased manner, and rationalize advance and withholding taxes to ease the burden on compliant businesses and revive economic growth.
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