The delegation of Karachi Chamber of Commerce and Industry (KCCI) met Finance Minister Ishaq Dar to business support. The Finance Minister reassured that the government is committed to supporting the business and industrial sector to ensure economic growth and stability in the country.
(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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UNISAME Calls for Tailored Amnesty Program to Boost Imports and Support SMEs
The Union of Small and Medium Enterprises (UNISAME) in Pakistan has launched an initiative to encourage both domestic and overseas Pakistanis to bring in their foreign currency without facing any inquiries.
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FPCCI welcomes barter trade with Afghanistan, Iran and Russia
President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Irfan Iqbal Sheikh, has welcomed the barter trade with Afghanistan, Iran and Russia.
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PM Sharif Directs Strict Measures to Combat Illegal Sale of Cigarettes
Prime Minister Shehbaz Sharif, during a meeting with a delegation from the Pakistan Tobacco Company, emphasized the immediate need to address the issue of illegal sales of cigarettes and tobacco products.
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High Cigarette Taxes Fuel Illicit Trade in Pakistan: Experts
The imposition of high taxes on cigarettes inadvertently promotes the rise of illicit cigarette trade in Pakistan, sparking concerns about the government’s strategy to protect public health through increased taxation.
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Pakistan Seeks to Generate $300 Million in PVC Exports through Strategic Initiatives
Karachi, May 31, 2023: Pakistan is poised to capitalize on significant investments in domestic PVC production, with the potential to earn $300 million through the export of surplus volumes and products.
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Pakistan Urged to Intensify Taxation on Tobacco Industry
As Pakistan prepares for the federal budget of 2023-2024, advisory firm Adam Smith International, under its REMIT (Revenue, Mobilization, Investment, and Trade) project, has recommended further taxation on the tobacco industry.
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NLC’s stall draws attention at TEXPO
The National Logistics Cell (NLC) garnered significant attention at the fourth edition of the Textile Exhibition (TEXPO) 2023, organized by the Trade Development Authority of Pakistan at the Karachi Expo Centre.
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UNISAME expresses concern over soaring dollar rates, calls for innovative measures
The Union of Small and Medium Enterprises (UNISAME) has raised alarm over the escalating issue of the exchange rate, urging the Ministry of Finance to take immediate action.
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KCCI raises concerns over retrospective CVT implementation on motor vehicles
Karachi Chamber of Commerce and Industry (KCCI) has taken a stand against the retrospective implementation of the Capital Value Tax (CVT) on the transfer of motor vehicles. President of KCCI, Mohammed Tariq Yousuf, has assured members of the Automotive Traders & Importers Association (ATIA) that the issue will be raised and addressed.
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