Karachi, April 9, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has raised concerns regarding the Federal Board of Revenue (FBR) practices related to the freezing of bank accounts for the recovery of unpaid taxes.
(more…)Category: Trade & Industry
This section covers news on trade and industry. Pakistan Revenue is committed to providing the latest updates on business trends.
-
KCCI Proposes Using Electricity Data to Broaden Tax Base
Karachi, April 9, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has urged the government to adopt a data-driven strategy for tax broadening by utilizing electricity consumption records to identify potential taxpayers.
(more…) -
ABAD Rejects Commercial Activities in Residential Buildings
Karachi, April 9, 2025 – The Association of Builders and Developers of Pakistan (ABAD) has strongly opposed the recent amendments to the Karachi Building and Town Planning Regulations (KBTPR) 2002, which now allow commercial activities in residential areas.
(more…) -
Divago Outlet De-sealed After Tax Compliance
Karachi, April 8, 2025 – Divago, a prominent pharmacy retail chain in Pakistan, announced that one of its outlets, previously sealed by the Federal Board of Revenue (FBR), has now been de-sealed after the company addressed the required tax compliance issues.
(more…) -
NRL Discovers Significant Copper-Gold Deposit in Balochistan
Karachi, April 8, 2025 — Fatima Fertilizer Company Limited has announced a major milestone in Pakistan’s mining sector: a significant discovery of copper-gold mineralization in Balochistan by its joint venture, M/s. National Resources (Private) Limited (NRL).
(more…) -
Fruit Juice Council Proposes Tariff Reduction to Boost Exports
In a significant move to uplift Pakistan’s beverage industry, the Fruit Juice Council has proposed a reduction in tariffs aimed at enhancing exports and empowering the formal sector.
(more…) -
SAI Demands End to Discriminatory Electricity Tariff in Karachi
Karachi, April 7, 2025 – The SITE Association of Industry (SAI) has strongly urged the federal government to eliminate the long-standing disparity in electricity tariffs between Karachi and other cities.
(more…) -
UBG Demands Immediate Cut in Oil Prices Amid Global Drop
KARACHI, April 6, 2025 – The United Business Group (UBG) has strongly urged the government to bring down petroleum prices in Pakistan, aligning them with the recent global decline in crude oil prices.
(more…) -
PTC Highlights TTS Failures in Tackling Illicit Tobacco Trade
Pakistan Tobacco Company (PTC) has expressed concerns that the implementation of the Track and Trace System (TTS) has not been effective in curbing the illicit trade of cigarettes as originally intended.
(more…) -
KATI Welcome Electricity Tariff Cut, Terms Positive Step
Karachi, April 3, 2025 – The Korangi Association of Trade and Industry (KATI) has strongly welcomed the government’s decision to implement a major reduction in electricity tariffs.
(more…)