Karachi Chamber urges PM to honor genuine taxpayers

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) on Monday urged Prime Minister Imran Khan to honor genuine taxpayers instead saying all the countrymen as tax thieves. Read more »

Sales tax refund promises annoy value added textile industry

KARACHI: The value added textile industry has expressed its displeasure over government’s repeated promises of clearing sales tax refunds. Read more »

FBR proposed imposing additional sales tax on failure to implement CNIC condition

KARACHI: SITE Association of Industry on Monday proposed the Federal Board of Revenue (FBR) to imposed additional sales tax as the government failed to implement condition of Computerized National Identity Card (CNIC). Read more »

Business community resents detaining export containers ahead of political dharna

KARACHI: Business community has resented the government move to detain export containers ahead of political rally and Dharna (sit-in) and said it will result in massive trade loss. Read more »

FPCCI hopes improved ease of doing business to encourage foreign investment

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) hoped that improvement in ease of doing business in Pakistan will encourage foreign investment into the country. Read more »

FBR criticized for delaying sales tax refunds under FASTER module

KARACHI: Business community has criticized Federal Board of Revenue (FBR) for delaying release of sales tax refunds under newly launched Fully Automated Sales Tax e-Refunds (FASTER) module. Read more »

Lack of banking channel hindering Pak-Iran trade potential: Iranian envoy

KARACHI: Consul General of Iran Ahmad Mohammadi has said that there is a huge potential to enhance bilateral trade and economic relations between Iran and Pakistan in a variety of subjects but... Read more »

SBP urged to direct banks for accepting sales tax refund bonds

KARACHI: The business community has urged State Bank of Pakistan (SBP) to issue directives to banks for accepting sales tax refund bonds in order to ease hardship in liquidity issues, especially for... Read more »

FPCCI hopes Pak-China FTA Phase II to be instrumental for bilateral trade

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) hoped that the second phase of China-Pakistan Free Trade Agreement (FTA) will be instrumental in enhancing the bilateral trade to its optimum... Read more »

Business community demands Pakistan Customs to launch Authorized Economic Operator certification

KARACHI: The business community has demanded Pakistan Customs of launching Authorized Economic Operators (AEO) certification program, which will enable business and industrial units to become trustworthy member of international supply chain. Read more »

New concessional list should be considered under Pakistan, Malaysia FTA

KARACHI: Consul General of Malaysia Khairul Nazran Abd Rahman has said that Malaysia and Pakistan need to agree upon on a new concessional list under the existing Free Trade Agreement (FTA). Read more »

Overseas investors spend Rs5.5bn for CSR activities

KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) member companies spent Rs 5.5 billion during 2018-2019 and directly benefited 5.8 million people across Pakistan as part of its Corporate Social... Read more »