Lahore, April 12, 2025 – Finance Minister Senator Muhammad Aurangzeb has highlighted copper as a vital resource that could unlock a new era of economic dividends for Pakistan.
(more…)Category: Trade & Industry
This section covers news on trade and industry. Pakistan Revenue is committed to providing the latest updates on business trends.
-
MSPIDA Announces Protest Against K-Electric Over Loadshedding
Karachi, April 12, 2025 – The All Pakistan Motorcycle Spare Parts Importers and Dealers Association (MSPIDA) has announced its decision to launch a strong protest campaign against K-Electric due to ongoing, severe power outages that are crippling business activities in Karachi’s key motorcycle spare parts markets.
(more…) -
SAI Proposes High-Level Panel to Tackle Rising US Tariffs
Karachi, April 12, 2025 – The Site Association of Industry (SAI) has called on the federal government to form a high-level panel comprising representatives from Pakistan’s key industrial cities to evaluate and respond to the recent 29% increase in tariffs imposed by the United States on Pakistani exports.
(more…) -
Government Plans Tax Relief Despite IMF-Driven Constraints
Karachi, April 12, 2025 – Special Assistant to Prime Minister (SAPM) for Industries and Production Division, Haroon Akhtar Khan, unveiled an ambitious plan to reduce Pakistan’s corporate tax burden despite the constraints posed by the International Monetary Fund (IMF) program.
(more…) -
KCCI Proposes Allowing Gold Exports with 20% Value Addition
Karachi, April 12, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has urged the federal government to permit gold exports with at least 20% value addition, a move it believes will revitalize the stagnant precious metals sector and significantly boost export revenues.
(more…) -
IRIS Glitches Prompt KCCI to Seek PM Shehbaz’s Intervention
Karachi, April 11, 2025 – Frustrated by persistent technical failures in the Federal Board of Revenue’s (FBR) IRIS portal, the Karachi Chamber of Commerce and Industry (KCCI) has formally appealed to Prime Minister Shehbaz Sharif for immediate intervention to address the growing tax compliance crisis facing the business community.
(more…) -
KCCI Suggests Tax Exemption for Properties up to Rs 10 Million
Karachi, April 11, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has proposed a significant tax reform aimed at revitalizing the real estate sector by suggesting income tax exemption on immovable properties valued up to Rs 10 million.
(more…) -
KCCI Calls for Tax Reforms to Revive Real Estate Sector
Karachi, April 10, 2025 — The Karachi Chamber of Commerce and Industry (KCCI) has urged the government to simplify taxation policies for Pakistan’s real estate sector, aiming to restore investor confidence and stimulate economic activity ahead of the federal budget for 2025-26.
(more…) -
PPL Expands Barytes Project with New Agreement in Balochistan
Karachi, April 10, 2025 — Pakistan Petroleum Limited (PPL) has taken a major step forward in expanding its mining footprint in Balochistan, announcing the execution of Amendment No. 1 to the Operating Agreement for its Barytes Project.
(more…) -
Italy Aims to Double Trade with Pakistan, Eyes Deeper Ties
Karachi, April 9, 2025 — Italy has expressed a strong desire to significantly enhance economic, trade, and investment cooperation with Pakistan, with an ambitious target to double the current bilateral trade volume to US$3 billion in the coming years.
(more…)