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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PYMA urges remove of yarn duty anomalies in Budget 2025-26
Karachi, June 22, 2025 – The Pakistan Yarn Merchants Association (PYMA) has called on the federal government to urgently address anomalies in the duty structure on yarn as outlined in the Budget 2025-26.
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Foreign investors strongly oppose FBR’s proposed arrest powers
Karachi, June 21, 2025 – Foreign investors operating in Pakistan have voiced strong opposition to the sweeping powers of arrest proposed for Federal Board of Revenue (FBR) officials under the Finance Bill 2025-26.
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Pakistan’s rice export suffers 12% blow amid price crash, tax woes
Karachi, June 20, 2025 — Pakistan’s rice export sector is reeling from a severe setback as official data from the Pakistan Bureau of Statistics (PBS) shows a staggering 12% year-on-year decline in export earnings during the first 11 months (July–May) of FY2024-25.
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FPCCI explodes over taxmen’s shocking powers in FY26 budget
KARACHI, June 19, 2025 – In a scathing rebuke, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has rejected what it calls “draconian” powers granted to tax authorities under the Federal Budget 2025-26.
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Sugar export rises over 18 times amid 24% local price surge
Islamabad, June 19, 2025 – Pakistan witnessed an extraordinary rise in sugar export, which soared by a staggering 1,851% during the first eleven months (July–May) of fiscal year 2024-25, even as local sugar prices surged by 24%, putting a financial strain on domestic consumers.
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Pakistan’s textile exports reach $16.37 billion in 11MFY25
Islamabad, June 19, 2025 – Pakistan’s textile exports surged to $16.37 billion during the first eleven months (July–May) of the current fiscal year 2024-25, reflecting a significant growth trend, as per the latest data released by the Pakistan Bureau of Statistics (PBS).
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KPT, KCCI join hands to strengthen trade, maritime investment
Karachi, June 19, 2025 – The Karachi Port Trust (KPT) and the Karachi Chamber of Commerce and Industry (KCCI) have reaffirmed their commitment to closely collaborate in streamlining trade operations and boosting investment in Pakistan’s maritime and business sectors.
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Pakistan pays $15 million for Indian imports amid May tensions
Karachi, June 19, 2025 – Despite heightened geopolitical tensions in May 2025, Pakistan recorded $15.05 million in imports from India, according to data released by the State Bank of Pakistan (SBP). This figure represents a decline from $20 million in April 2025 and $17 million in May 2024.
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Pakistan unveils ambitious draft National Tariff Policy 2025–30
Islamabad, June 18, 2025 – The Government of Pakistan unveiled the draft National Tariff Policy (NTP) 2025–30 during the National Regulatory Reforms Conference held in Islamabad on Wednesday.
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