Islamabad, May 3, 2026 – Federal Minister for National Food Security and Research Rana Tanveer Hussain has emphasized the need for dairy sector tax reforms in Pakistan, calling for rationalized taxation and structural changes to improve affordability, ensure safe nutrition, and support farmers.
(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 rejects SSGC gas tariff hike petition, warns of deindustrialization
KARACHI – The Karachi Chamber of Commerce and Industry (KCCI) has formally rejected a petition by Sui Southern Gas Company (SSGC) seeking a massive hike in gas tariffs for the fiscal year 2026-27.
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Karachi chamber backs FBR monitoring of jewelers, warns against harassment
KARACHI, May 1, 2026– The Karachi Chamber of Commerce and Industry has backed the monitoring of jewelers’ business transactions by the Federal Board of Revenue, while cautioning against harassment by tax officials.
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Pakistan Exports First Land Consignment to Kyrgyzstan
Islamabad, April 30, 2026 — Pakistan has successfully exported its first consignment to Kyrgyzstan via a land route, marking a major milestone in strengthening regional trade connectivity.
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Khurram Ijaz terms interest rate hike harmful for economic growth
Karachi, April 27, 2026 – Khurram Ijaz, General Secretary of the Businessmen Panel Progressive (BMPP) and former Vice President of Federation of Pakistan Chambers of Commerce and Industry, has strongly criticized the recent increase in the policy rate by the State Bank of Pakistan, calling it counterproductive for economic growth.
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KCCI slams SBP rate hike, warns of rising business costs and investment slowdown
KARACHI, April 27– The Karachi Chamber of Commerce and Industry (KCCI) on Monday sharply criticized the State Bank of Pakistan (SBP) for raising the benchmark policy rate by 100 basis points to 11.5%, warning that the move could hurt business activity and economic growth.
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PM Shehbaz orders strategy to boost gemstone exports, eyes global markets
ISLAMABAD, April 27– Prime Minister Shehbaz Sharif on Monday directed authorities to formulate a comprehensive strategy to enhance Pakistan’s gemstone exports, emphasizing the country’s untapped potential in precious stones and value-added processing.
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FPCCI pushes SBP for stability, opposes tight monetary policy
Karachi, April 26, 2026 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the State Bank of Pakistan (SBP) to refrain from tightening monetary policy at its upcoming Monetary Policy Committee meeting scheduled for April 27, warning that higher interest rates could undermine fragile economic recovery.
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Petrol price shock: Karachi traders warn of economic fallout as fuel costs surge
KARACHI – Business leaders in Karachi have strongly condemned the government’s sharp increase in petroleum prices, warning it could derail economic recovery and intensify inflationary pressures across Pakistan.
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FPCCI to offer tax reform roadmap to help FBR meet revenue targets
Karachi, April 24, 2026 – The Federation of Pakistan Chambers of Commerce and Industry has announced plans to provide strategic guidelines to the Federal Board of Revenue to help achieve tax targets through sustainable and business-friendly measures.
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