Lucky Cement Limited Thursday announced its plans to expand its clinker production capacity in Iraq in response to the increasing demand for cement 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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Overseas investors urge Pakistan to crack down on illicit trade, raid retailers
The Overseas Investors Chamber of Commerce and Industry (OICCI) has called upon Pakistan to take decisive action against retailers and manufacturers involved in illicit trade.
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UNISAME opposes potential re-imposition of withholding tax on cash withdrawal
KARACHI: The Union of Small and Medium Enterprises (UNISAME) has voiced its opposition to reports suggesting that the government is considering the re-imposition of withholding tax on cash withdrawals.
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OICCI recommends demonetization of Rs5,000 banknote to curb cash dealings
The Overseas Investors Chamber of Commerce and Industry (OICCI) has put forth a recommendation to the government, urging the demonetization of the Rs5,000 banknote as a measure to curb cash dealings in the country.
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Business community welcomes cut in petroleum prices
The business community in Pakistan has welcomed the recent reduction in petroleum prices, expressing their appreciation for the positive impact expected to have on various sectors of the economy.
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ICAP successfully hosts highly anticipated CFO Conference 2023
The Institute of Chartered Accountants of Pakistan (ICAP) Tuesday organized the much-awaited CFO Conference 2023, focusing on the theme of “Resilient CFO – Balancing the Agenda for Tomorrow.” The event took place at a local hotel in Karachi and was spearheaded by the Professional Accountants in Business (PAIB) Committee.
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FPCCI proposes simplification of taxation system in Budget 2023-2024
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the government to implement taxation reforms and simplify the taxation system in the upcoming budget for the fiscal year 2023-2024.
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Pakistan’s apex trade body calls for significant reduction in petroleum prices
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI), the country’s apex trade body, on Monday urged the government to announce a substantial reduction in petroleum prices.
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Business leaders urge unity to address political instability and economic crisis
The Leadership of Businessmen Group (BMG) and Karachi Chamber of Commerce & Industry (KCCI) Monday expressed their deep dissatisfaction with the ongoing political instability, which is severely impacting the country’s already struggling economy and declining exports.
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OICCI proposes harsh penalties for selling cigarettes below MLP
In anticipation of the upcoming federal budget, foreign investors operating in Pakistan, through the Overseas Investors Chambers of Commerce and Industry (OICCI), have submitted specific proposals pertaining to the tobacco industry to the Federal Board of Revenue (FBR).
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