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…)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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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.
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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).
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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.
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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.
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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.
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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.
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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.
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KCCI Applauds Major Electricity Tariff Reduction for Industries
The Karachi Chamber of Commerce and Industry (KCCI) has enthusiastically welcomed the government’s decision to implement a significant reduction in electricity tariffs. This major step, announced by Prime Minister Shehbaz Sharif, comes as a crucial relief for both industrial and domestic consumers, easing the financial strain caused by high energy costs.
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Philip Morris Pakistan Reports 77.5% Surge in Turnover for CY24
Karachi, April 3, 2025 – Philip Morris (Pakistan) Limited has reported an exceptional 77.5% increase in turnover for the fiscal year ending December 31, 2024.
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