Karachi, October 15, 2023 – Transporters across Pakistan are calling for the consistent and rigorous implementation of an axle load limit to prevent accidents caused by overloading.
(more…)Category: Trade & Industry
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DHA Multan Hopes for Abolishment of Section 7E of Income Tax Ordinance 2001
Karachi, October 13, 2023 – Brigadier Muhammad Shoeb Anwar Kiyani, the Administrator of the Defence Housing Authority (DHA) Multan, expressed his reservations about Section 7E of the Income Tax Ordinance 2001, calling it an unwise decision.
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Engro Fertilizers Achieves Record Quarterly Profit of Rs9.6 Billion
Karachi, October 12, 2023 – Engro Fertilizers (EFERT) has reported its financial results for the third quarter of 2023, posting the highest consolidated quarterly profit in its history at Rs9.6 billion.
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Nigeria Aims for $1 Billion Trade Volume with Pakistan
Karachi, October 11, 2023 – Nigeria has expressed a strong desire to elevate its trade volume with Pakistan to $1 billion in a relatively short time frame, emphasizing the need for stronger economic ties between the two nations.
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FPCCI Expresses Concerns Over Reports of New Wealth Tax
Karachi, October 10, 2023 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has voiced deep concerns regarding reports of a potential new wealth tax being considered in the country.
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PBC Discovers Massive Underreporting of Pakistan Exports to China
Karachi, October 10, 2023 – The Pakistan Business Council (PBC) has revealed a significant issue of underreporting in Pakistan’s exports to China, raising concerns about foreign exchange problems faced by the country.
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Property Builders and Developers Demand Abolishing Section 7E
Karachi, October 9, 2023 – The Association of Builders and Developers (ABAD) of Pakistan has called upon the government to abolish Section 7E from the statute.
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KCCI Calls for Involvement in Finalizing Industrial Electricity Tariffs on Incremental Consumption
Karachi, October 9, 2023 – The President of the Karachi Chamber of Commerce and Industry (KCCI), Iftikhar Ahmed Sheikh, has welcomed the federal government’s initiative to provide cheaper electricity to industries on an incremental consumption basis for four months under the winter package.
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UNISAME Commends Strict Measures Against Currency Smuggling and Hoarding
Karachi, October 9, 2023 – The Union of Small and Medium Enterprises (UNISAME) has expressed its support for the government’s stringent actions against currency smuggling, hoarding, profiteering, and malpractices by money exchangers.
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Pakistan Business Council Urges Immediate Action to Halt Massive Under-Invoicing
Karachi, October 6, 2023 – The Pakistan Business Council (PBC) has issued an urgent call to the caretaker government, demanding immediate measures to put an end to widespread under-invoicing, which is causing substantial revenue leakages.
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