Category: Trade & Industry
Gas supply suspension: NKATI appeals PM to save industry
KARACHI: Faisal Moiz Khan, President, North Karachi Association of Trade & Industry (NKATI) has appealed to the prime minister to save industries as after suspension of gas supply the production […]
FBR manipulates budget 2021/2022, proposals not to provide relief to business community: FPCCI
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has alleged Federal Board of Revenue (FBR) for proposing and manipulating the budget 2021/2022, as the proposals will neither provide […]
Export orders under threat as gas supply to industries suspended
KARACHI: Industrial activities come to a standstill as gas supply was suspended by Sui Southern Gas Company (SSGC). The suspension would affect meeting export orders. Abdul Hadi, President, Site Association […]
Foreign investors praise State Bank for facilitating remittances
KARACHI: Foreign investors operating in the country have appreciated the significant improvement in the foreign exchange remittance processing time and in growing engagement of the State Bank of Pakistan (SBP) […]
Value added textile exporters demand 50 percent reduction in withholding tax
KARACHI: The association of value added textile exporters on Wednesday demanded to reduce the withholding income tax by 50 percent in order to reduce burden on manufacturers and improve country’s […]
KCCI welcomes appointments of appellate tribunal members
KARACHI: Karachi Chamber of Commerce and Industry (KCCI) on Tuesday welcomed the decision to appoint members of appellate tribunals. Shariq Vohra, President, KCCI in a statement congratulated the Justice of […]
FPCCI calls for broadening of tax base to push GDP growth
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Saturday advised the government to reduce tax rates and broaden the tax base for achieving GDP growth at […]
Karachi Chamber organizes COVID vaccination facility
KARACHI: The Karachi Chamber of Commerce & Industry (KCCI) in collaboration with Red Crescent Society organized a daylong COVID-19 Vaccination Facility on Saturday, which was attended by scores of members, […]
Measures proposed to curb under invoicing by commercial importers
KARACHI: Pakistan Business Council (PBC) has recommended the authorities to take additional measures to stop massive under invoicing by commercial importers. In its proposals for the budget 2021/2022, the PBC […]
Third party to conduct tax audits: Shaukat Tarin
KARACHI: Finance Minister Shaukat Tarin has announced that tax audits to be done by third party. Further it has been decided to launch universal self assessment scheme (USAS). “I want […]