Pakistan Revenue
Karachi, July 1, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) is gearing up for a thunderous showdown against what it calls the “oppressive and unjust” arrest powers granted to the Federal Board of Revenue (FBR) under the newly passed Finance Act, 2025.
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Karachi, July 1, 2025 – The Pakistan Chemical and Dyes Merchants Association (PCDMA) has raised serious concerns over the rampant misuse of the Export Facilitation Scheme (EFS), claiming that fraudulent practices under the scheme have inflicted a staggering Rs25 billion loss on the national exchequer.
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Karachi, June 28, 2025 – Ehsan Malik, Chairman of the Finance Bill 2025 Anomalies Committee (Business), has sounded the alarm over what he described as “unprecedented negligence” and “utter disrespect” shown by top Federal Board of Revenue (FBR) officials.
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Islamabad, June 27, 2025 – In a move to rejuvenate Pakistan’s struggling industrial sector, Prime Minister Shehbaz Sharif has formed a high-powered committee to develop a comprehensive strategy for the revival of industrial growth.
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Karachi, June 26, 2025 – A storm is brewing in Sindh’s industrial heartland as the SITE Association of Industry (SAI) has raised serious red flags over the provincial government’s dramatic move to hike the minimum wage to an unprecedented Rs42,000.
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Karachi, June 25, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has planned large-scale protest against the controversial arrest powers granted to Federal Board of Revenue (FBR) officials under the Finance Bill, 2025.
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Karachi, June 25, 2025 — The Korangi Association of Trade and Industry (KATI) has categorically rejected the Sindh government’s proposal to fix the minimum wage at Rs42,000, calling it economically unfeasible and damaging to the province’s industrial ecosystem.
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Islamabad, June 23, 2025 – In a dramatic policy reversal that has sent shockwaves through economic and political circles, Pakistan has been forced to approve the import of 500,000 metric tons of sugar after allowing a massive outflow of the commodity earlier this fiscal year.
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Karachi, June 23, 2025 – In a significant administrative development, the Federal Board of Revenue (FBR) has issued an official notification transferring the tax jurisdiction of the Overseas Investors Chamber of Commerce and Industry (OICCI) from the Corporate Tax Office (CTO) Karachi to Zone-I of the Large Taxpayers Office (LTO) Karachi.
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Karachi, June 23, 2025 – The Pakistan Business Council (PBC) has strongly criticized the sweeping and excessive powers proposed to be granted to the Federal Board of Revenue (FBR) in the Finance Bill 2025, terming them “draconian” and detrimental to the investment climate in the country.
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