Pakistan and Saudi Arabia have taken a significant step toward enhancing their bilateral trade and economic ties as businessmen from both countries inked a pact to explore new opportunities for mutual benefit.
(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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FPCCI blames former government for misusing GIDC
Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has blamed the former government for misusing Gas and Infrastructure Development Cess (GIDC) and urged the authorities to urgently address the persistent issue.
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Incentives fail to improve textile export
Pakistan’s textile industry, despite benefiting from incentives related to duties and taxes, has failed to achieve significant improvements in exports.
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Foreign investors spend over Rs20 billion in CSR activities during 2018
Foreign investors who are part of the Overseas Investors Chamber of Commerce and Industry (OICCI) have collectively invested more than Rs. 20 billion under corporate social responsibility (CSR) in Pakistan over the past year, according to Irfan Wahab Khan, President of OICCI.
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Value added sector seeks tax credit on equity investment for individuals, AOPs
KARACHI: The value added sector, represented by the Pakistan Hosiery Manufacturers and Exporters Association (PHMA), has reached out to Finance Minister Asad Umar, urging the government to grant tax credit for equity investment to business individuals and Associations of Persons (AOPs).
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Meat exporters invited to explore Malaysian market
KARACHI – Malaysia has invited meat exporters from Pakistan to explore Malaysia markets. Haji Roslin Abdul Rehman, the Economic Advisor to Malaysia’s Terengganu Province, has urged the business community of Pakistan to consider the significant opportunity of exporting meat to Malaysia.
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Regulatory Duty imposition affects Pak-Sri Lanka trade
Regulatory duty imposition is affecting trade between Pakistan and Sri Lanka, this was stated by the Consul General of Sri Lanka, G. L. Gnanatheva.
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