Pakistan Revenue
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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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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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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Karachi, May 26, 2023 – Alibaba.com, a leading global business-to-business (B2B) e-commerce platform, Friday announced its participation in the 4th International Textile Exhibition (TEXPO 2023), organized by the Trade Development Authority of Pakistan (TDAP) from May 26 to May 28, 2023.
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The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed its support for the commencement of direct shipping and cargo service between Russia and Pakistan.
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Islamabad, May 25, 2023: Pakistan’s documented tobacco sector is grappling with a substantial decline in sales, resulting in billions of rupees in losses for the national exchequer.
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ISLAMABAD: The Pakistan Association of Large Steel Producers (PALSP) has expressed serious concerns regarding the misuse of sales tax exemptions granted to manufacturers in the Newly Merged Districts (NMDs) of Federally Administered Tribal Areas (FATA) and Provincially Administered Tribal Areas (PATA).
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The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has called on the government to abolish Section 7E of the Income Tax Ordinance, 2001.
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Karachi, May 24 – The Korangi Association of Trade and Industry (KATI) has called on authorities to postpone the implementation of the Electronic Import Form (EIF) requirement in order to facilitate the revival of the industry.
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A recent report published by the Pakistan Business Council (PBC) highlights the prevalence of tax evasion in property transactions facilitated by open files, which are often exchanged without official transfer of ownership or payment of associated taxes. These undocumented transactions have allowed individuals to evade tax obligations, according to the report.
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