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Category: Trade & Industry

Trade & Industry news covering business developments, industrial growth, manufacturing trends, and economic policies shaping domestic and global markets.

KATI

KATI rejects petroleum price hike, urges politicians to reduce expenses

January 31, 2023January 31, 2023Hamza Shahnawaz

KARACHI: Korangi Association of Trade and Industry (KATI) on Monday rejected hike in petroleum prices and urged politicians to reduce their expenses.

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Federation of Pakistan Chambers

Raising interest rate will not help in curtailing inflation: FPCCI

January 30, 2023January 30, 2023Hamza Shahnawaz

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has lambasted the central bank for raising interest rate to 17 per cent and said it will not help in curtailing inflation.

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KCCI Photo

KCCI urges shipping lines, terminal operators to waive detention, demurrage charges

January 28, 2023January 28, 2023Faisal Shahnawaz

Karachi Chamber of Commerce and Industry (KCCI) on Saturday urged shipping lines and terminal operators to waive demurrage and detention charges to stuck-up containers at ports.

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KATI

Banks are responsible for economic crisis: KATI President

January 27, 2023January 27, 2023Faisal Shahnawaz

KARACHI: Faraz-ur-Rehman, President, Korangi Association of Trade and Industry (KATI) on Tuesday blamed commercial banks for present economic crisis in the country.

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Federation of Pakistan Chambers

Documentation must to bridge fiscal deficit: FPCCI

January 25, 2023January 25, 2023Hamza Shahnawaz

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Wednesday said that documentation of economy is a must to bridge fiscal deficit.

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Federation of Pakistan Chambers

FPCCI warns black economy to boost on high interest rate

January 24, 2023January 24, 2023Faisal Shahnawaz

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has warned the government that industry will opt black economy as formal banking channels are out of reach due to high interest rate.

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KATI

KATI terms benchmark interest rate hike as disastrous

January 24, 2023January 24, 2023Hamza Shahnawaz

KARACHI: Korangi Association of Trade and Industry (KATI) Tuesday express serious concerns over hike in benchmark policy rate and termed it as disastrous for the economy.

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KCCI Photo

KCCI hails decision to waive demurrage, port charges

January 24, 2023January 24, 2023Faisal Shahnawaz

Karachi Chamber of Commerce and Industry (KCCI) on Tuesday appreciated the government decision to waive demurrage and port charges on all stuck up containers.

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state bank of pakistan 03

SBP allows one-time facilitation to importers for consignment clearance

January 23, 2023January 23, 2023Mrs. Anjum Shahnawaz

KARACHI: State Bank of Pakistan (SBP) on Monday allowed one-time facilitation to importers who arrange funds to settle pending import payments.

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sugar export

SBP issues instructions to banks for sugar export

January 22, 2023January 22, 2023Faisal Shahnawaz

KARACHI: State Bank of Pakistan (SBP) on Saturday issued instructions to banks regarding export of sugar that was allowed by the government.

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  • FBR imposes additional 30% regulatory duty on commercial imports of used vehicles July 1, 2026

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  • FBR waives late return surcharge for individuals filing special undertaking
  • Finance Act 2026 cracks down on fake tax credit claims with 100% penalty
  • SBP to share high-risk banking data with FBR
  • Finance Act, 2026 empowers FBR with direct access to high-value bank account data
  • FBR imposes additional 30% regulatory duty on commercial imports of used vehicles
  • FBR notifies revised regulatory duty rates for FY2026-27 imports
  • FBR notifies new additional customs duty rates for FY2026-27 imports
  • FBR notifies procedure for collection of special excise duty on imported goods
  • FBR achieves historic Rs13 trillion annual tax collection milestone in FY2025-26
  • MTO Karachi posts record Rs42.21bn tax collection in June 2026
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