Karachi, February 28, 2025 – The business community has strongly advocated for a fixed tax regime for traders following the failure of the Tajir Dost Scheme (TDS) to yield the desired results.
(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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PYMA, NTC Discuss Challenges Facing the Textile Sector
Karachi, February 27, 2025 – A high-level delegation from the National Tariff Commission (NTC), led by Chairman Naeem Anwer, visited the Pakistan Yarn Merchants Association (PYMA) to engage in in-depth discussions regarding the pressing challenges facing the textile sector.
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KCCI to Discuss Issues Related to SRO 55 with FBR
Karachi, February 27, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has urged its members to actively participate in discussions regarding SRO 55 by submitting their recommendations.
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Korea-Pakistan EPA Negotiations Expected Soon: Korean Envoy
KARACHI: The Ambassador of the Republic of Korea, Park Ki Jun, has indicated that negotiations for the Korea-Pakistan Economic Partnership Agreement (EPA) are expected to commence in the first half of this year. This development is set to lay a strong institutional foundation for enhancing economic exchanges between the two nations and fostering deeper trade relations.
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Citi Pharma Completes First-Ever Export to MENA Region
Karachi, February 27, 2025 – Citi Pharma Limited has announced the successful completion of its first-ever export to the MENA (Middle East and North Africa) Region, marking a significant milestone in its international expansion strategy.
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FPCCI Submits Key Sales Tax Proposals for Budget 2025-26
Karachi, February 26, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has formally presented key sales tax proposals for the upcoming Budget 2025-26.
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Pakistan Spends $135 Million on Indian Imports
Karachi, February 25, 2025 – Pakistan has paid a total of $135 million for imports from India during the first seven months (July–January) of the fiscal year 2024-25.
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FPCCI Proposes Advance Tax Removal on First Property Purchase
Karachi, February 24, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has put forward a proposal urging the government to eliminate the advance tax levied on the first purchase of property.
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Speeding Trailer Kills Industrialist Father, Son in Karachi Crash
Karachi, February 24, 2025 – A devastating accident on the ICI Bridge claimed the lives of a well-known industrialist and his son when their car was struck by a speeding trailer.
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FPCCI Recommends Significant Reduction in Customs Duties
Karachi, February 24, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has strongly advocated for a substantial reduction in customs duties in the upcoming budget 2025-26.
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