ISLAMABAD, August 6, 2025 – Pakistan recorded a sharp increase in its trade deficit in July 2025, driven largely by a substantial rise in import payments.
(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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KCCI slams night-time customs raids in Karachi markets
Karachi, August 2, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has strongly objected to the ongoing raids being conducted by Customs officials at shops and godowns across Karachi, calling them illegal, unannounced, and highly disruptive.
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Merchants warn against abrupt e-invoicing move
KARACHI, August 2, 2025 – The Pakistan Chemicals & Dyes Merchants Association (PCDMA) has raised serious concerns over the Federal Board of Revenue’s (FBR) sudden decision to implement its new e-invoicing system from August 1, 2025.
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Senators urge tax clarity for EPZA revamp
Karachi, August 1, 2025 – The Senate Standing Committee on Industries and Production, led by Senator Aon Abbas, visited the headquarters of the Export Processing Zones Authority (EPZA) on Friday to review key challenges facing Pakistan’s industrial zones and to explore policy improvements that can enhance investor confidence.
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Minister defends sugar export policy amid public concerns
Islamabad, July 31, 2025 – Federal Minister for National Food Security and Research, Rana Tanveer Hussain, on Thursday strongly defended the government’s decision to allow the export of sugar amid rising concerns about local market conditions.
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Working groups formed to finalize export enhancement roadmap
Islamabad, July 30, 2025 – The Ministry of Commerce has formed three dedicated working groups tasked with drafting a comprehensive roadmap for increasing manufacturing exports. These working groups will assess key challenges related to duties, taxation, and financing—factors that significantly impact the cost and competitiveness of exports.
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SAI slams SBP for maintaining high policy rate
Karachi, July 30, 2025 – The SITE Association of Industry (SAI) on Wednesday strongly criticized the State Bank of Pakistan (SBP) for its decision to maintain the benchmark policy rate at 11%, despite a noticeable decline in inflation.
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Possessing illegal goods is smuggling: Collector Customs
Karachi, July 26, 2025 – Collector Customs (Enforcement), Karachi, Moinuddin Wani, has clearly stated that holding illegal goods is considered smuggling under the law. Speaking to the Karachi Chamber of Commerce and Industry (KCCI), he said: “If a trader is found with undeclared or illegally imported items, it falls under smuggling.”
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KCCI urges SBP to slash interest rate to 6%
Karachi, July 25, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has strongly urged the State Bank of Pakistan (SBP) to implement a drastic cut in the benchmark interest rate, bringing it down from the current 11% to around 6%.
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CCP recovers Rs150 million from Reckitt Benckiser
Islamabad, July 25, 2025 – The Competition Commission of Pakistan (CCP) has successfully recovered a penalty of Rs150 million from Reckitt Benckiser Pakistan Limited for deceptive marketing practices related to its popular throat lozenge, Strepsils.
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