The Track and Trace system is undeniably vital in curbing illegal cigarette manufacturing and addressing the pressing issues associated with it in Pakistan.
(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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Private Sector Initiates Loan Repayments Amidst Challenging Economic Climate in Pakistan
Karachi, August 23, 2023 – Pakistan’s private sector has begun retiring bank loans in response to the challenging economic conditions facing the country.
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FPCCI Demands Immediate Withdrawal of Section 7E Across Pakistan
Karachi, August 22, 2023 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has issued a stern demand to tax authorities for the immediate withdrawal of Section 7E across the entire country.
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Lucky Cement Announces Commencement of 25MW Solar Power Plant
Karachi, August 21, 2023 – Lucky Cement Limited, a leading player in the Pakistani cement industry, proudly announced the successful completion and commissioning of its 25-megawatt captive solar power plant.
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SBP Announces Last Date for Resubmission of Duty Drawback Claims
Karachi, August 21, 2023 – The State Bank of Pakistan (SBP) has officially declared the final deadline for resubmission of duty drawback claims, affecting both the textile and non-textile sectors.
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KCCI Criticizes FBR Over Section 7E Discrimination in Property Selling
KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has strongly criticized the Federal Board of Revenue (FBR) for what it perceives as discriminatory treatment in the application of Section 7E concerning property sales.
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Karachi Chamber Urges Immediate Rollback of Petroleum Price and Power Tariff Hikes
KARACHI, August 16, 2023 – The Karachi Chamber of Commerce & Industry (KCCI) has called on the government to swiftly retract the recent increases in petroleum prices and power tariffs.
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Business Community Criticizes Significant Increase in Petroleum Prices
Karachi, August 16, 2023: The business community has strongly criticized the decision of the new interim government to substantially raise the prices of petroleum products.
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Philip Morris Pakistan’s Profits Plummet by 76% in First Half of 2023
Karachi, August 16, 2023 – Philip Morris Pakistan Limited, an international company known for making cigarettes, has experienced a significant drop of 76 percent in its profits for the first half of this year, which ended on June 30, 2023.
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Tenure Extended to Two Years for Office Bearers of Trade Bodies
Islamabad, August 13, 2023 – In a significant move, the government of Pakistan has taken a step to provide stability and continuity in the leadership of trade bodies by extending the tenure of office bearers and members of executive committees.
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