Islamabad, March 11, 2025 – The Competition Commission of Pakistan (CCP) has taken decisive action against alleged cartelization in the steel industry by issuing Show Cause Notices to International Steel Limited (ISL) and Aisha Steel Mills Limited (ASML).
(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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Pakistan Moves to Import Raw Sugar to Stabilize Market Prices
Islamabad – In a bid to curb rising sugar prices and ensure affordability for consumers, the federal government of Pakistan announced on Monday its decision to import raw sugar (Shakkar).
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Business Community Criticizes SBP for Unchanged Policy Rate
Karachi: The business, industrial, and trade community of Pakistan has expressed strong dissatisfaction with the State Bank of Pakistan’s (SBP) decision to keep the policy rate unchanged during its recent Monetary Policy Committee (MPC) meeting.
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KCCI Warns of Membership Cancellation for Non-Renewal
Karachi, March 10, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has issued a stern reminder to its members, urging them to renew their memberships before the deadline to prevent cancellation.
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Kenya Lowers Customs Valuation on Pakistani Rice
KARACHI: Kenya has officially reduced the customs valuation for Pakistani rice to $460 per metric ton, down from its previous valuation of $615 per metric ton.
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PM Shehbaz Directs Hiring Skilled Manpower for SMEDA
Islamabad, March 6, 2025 – Prime Minister Shehbaz Sharif has directed that skilled manpower should be hired from the market to strengthen the Small and Medium Enterprises Development Authority (SMEDA).
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KCCI Highlights Tax Abuse at CTO Karachi
Karachi, March 6, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has voiced serious concerns regarding the fairness and legality of tax enforcement actions targeting the textile sector.
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BMA Calls for Fresh KCCI Elections Within 60 Days
KARACHI: The Businessmen Alliance (BMA) has demanded fresh elections for the Karachi Chamber of Commerce & Industry (KCCI) within 60 days, following a decision by the Directorate General of Trade Organizations (DGTO) that nullified the incumbent body’s 2024-26 election results.
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FPCCI Urges Massive Rate Cut Amid Record Low Inflation
Karachi, March 5, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has strongly called for a substantial reduction of 500 basis points in the benchmark policy rate, citing the lowest inflation levels recorded in nearly a decade.
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UNISAME Calls for Resolution of Net Metering Tax Dispute
Karachi, March 4, 2025 – The Union of Small and Medium Enterprises (UNISAME) has urged the government to resolve the ongoing sales tax disputes related to net metering, which are adversely affecting small and medium enterprises (SMEs) investing in solar energy.
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