Karachi, May 23, 2025 – Foreign investors operating in Pakistan have called on the government to provide tax relief for the beverage industry in the upcoming federal budget for fiscal year 2025-26.
(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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Budget 2025-26: FBR rejects final tax regime revival for exporters
Islamabad, May 23, 2025 – In a stunning blow to the country’s vital export sector, the Federal Board of Revenue (FBR) has flatly denied any plans to reinstate the Final Tax Regime (FTR) for exporters in the upcoming Budget 2025-26.
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Business confidence in Pakistan sees major boost: OICCI survey
Karachi, May 22, 2025 — In a major sign of an economic turning point, business confidence in Pakistan has rebounded dramatically, with optimism soaring across industries, according to the latest Business Confidence Index (BCI) Survey released by the Overseas Investors Chamber of Commerce and Industry (OICCI).
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ABAD proposes abolishing Section 7E – deemed property income
Karachi, May 22, 2025 – In a powerful and urgent appeal, the Association of Builders and Developers of Pakistan (ABAD) has demanded the immediate abolition of the controversial deemed income tax under Section 7E of the Income Tax Ordinance, 2001.
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Pakistan Textile Council proposes bold reforms in Budget 2025–26
Islamabad, May 22, 2025 – In a major policy move ahead of the federal budget 2025–26, the Pakistan Textile Council (PTC) has submitted a sweeping set of proposals aimed at reviving Pakistan’s export economy, improving ease of doing business, and reducing reliance on IMF programmes.
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SAI cheers Karachi’s leap toward water self-sufficiency
Karachi, May 21, 2025 – The Site Association of Industry (SAI) Karachi has declared the TP-1 and TP-3 recycled water treatment plants as transformative projects essential for achieving water self-sufficiency in the city’s largest industrial zone.
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KCCI advocates restoration of zero-rated sales tax under EFS
Karachi, May 21, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has strongly called for the restoration of zero-rated sales tax under the Export Facilitation Scheme (EFS) to support the local textile industry, particularly for the procurement of raw materials and yarn.
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Will the proposed tariff policy harm local manufacturers?
The government’s recently proposed tariff policy under the National Tariff Policy 2025–30 has sparked intense debate and concern across Pakistan’s industrial landscape.
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MTO Karachi, ABAD discuss tax issues in construction sector
Karachi – In a significant move to address long-standing tax concerns within Pakistan’s construction sector, the Medium Taxpayers Office (MTO) Karachi and the Association of Builders and Developers of Pakistan (ABAD) held a comprehensive dialogue on Tuesday.
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FPCCI explodes over tax ordinance, demands power reversal
Karachi, May 20, 2025 — The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has come out forcefully against the Tax Laws (Amendment) Ordinance, 2025, condemning the federal government’s decision to grant sweeping powers to tax officials to freeze bank accounts and withdraw funds without due process.
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