KARACHI, April 20, 2026 — The Overseas Investors Chambers of Commerce and Industry (OICCI) has recommended that Pakistan cap withholding tax rates at a maximum of 5%, arguing that such taxes should be used primarily to broaden the tax base rather than generate direct revenue.
(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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REAP optimistic: Diplomatic breakthroughs could propel Pakistan’s exports to $100 billion
KARACHI, April 20, 2026 – The Rice Exporters Association of Pakistan (REAP) has expressed strong optimism regarding the cooling of tensions in the Middle East, attributing the positive shift to Pakistan’s proactive diplomatic efforts. According to REAP, this newfound regional stability could serve as a massive catalyst for national trade, potentially driving Pakistan’s total exports to a staggering $100 billion within the next three years.
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Foreign investors urge tax cuts, reforms in Pakistan budget 2026-27
KARACHI, April 19 — Foreign investors in Pakistan have called for sweeping tax reforms, including lower corporate tax rates and the phased elimination of additional levies, as part of proposals submitted for the federal budget 2026-27.
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Pakistan imports from UAE fall, exports rise in March amid Gulf tensions
Karachi, April 18, 2026 – Pakistan’s imports from the United Arab Emirates (UAE) declined sharply in March, while exports posted a modest increase, as regional tensions linked to the Iran conflict disrupted trade flows, central bank data showed.
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Khurram Ijaz expresses concerns over rising electricity shortfall
KARACHI, April 17, 2026 — Khurram Ijaz, General Secretary of 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 growing electricity shortfall in the country, warning that it is not only making life difficult for the general public but also posing significant risks to industrial output and economic stability.
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Minister Kayani to hold key tax talks with Karachi business leaders
KARACHI, April 17, 2026 —Minister of State for Finance, Bilal Azhar Kayani, will hold a series of meetings with business leaders in Karachi over the weekend to discuss key taxation issues ahead of the federal budget for 2026–27, officials said on Friday.
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Pakistan textile exports fall 7% in March amid Hormuz disruption
ISLAMABAD, April 16, 2026 — Pakistan’s textile exports declined 7% year-on-year in March 2026, hit by shipping disruptions following the closure of the Strait of Hormuz amid escalating tensions in the Middle East, official data showed on Thursday.
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CCP clears UAE firm’s acquisition in Pakistan aviation services sector
ISLAMABAD, April 15, 2026 — The Competition Commission of Pakistan (CCP) has approved the acquisition of a shareholding in Pakistan’s Northern Technik Private Limited by UAE-based International Business Company FZE, paving the way for fresh foreign direct investment in the country’s aviation services sector.
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Pakistan urges businessmen to bring back $10 billion ahead of budget 2026-27
KARACHI, April 14, 2026 — Pakistan’s Interior Minister Mohsin Naqvi on Tuesday urged the business community to repatriate at least 30% of their overseas assets, equivalent to about $10 billion, ahead of the federal budget 2026–27, as the country grapples with external financing pressures and falling foreign exchange buffers.
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Alibaba unit KOKO Tech gets BNPL license in Pakistan, SECP says
ISLAMABAD, April 14, 2026 — Pakistan’s corporate regulator has granted a license to KOKO Tech Pakistan (Private) Limited, a unit backed by Alibaba Group, to operate a Buy Now Pay Later (BNPL) business in the country, the regulator said on Tuesday.
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