Pakistan Revenue
The Board of Directors of the Small and Medium Enterprises Development Authority (SMEDA) has officially approved the Implementation Plan for SMEDA’s comprehensive revamping during its 30th meeting held on Sunday.
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Karachi, May 4, 2025 – Tea importers have urged the government and tax authorities to urgently review the current minimum retail price (MRP) mechanism applied to tea, warning that the existing framework is distorting the market, undermining legal trade, and facilitating widespread tax evasion.
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KARACHI, May 2, 2025 – Ahmed Azeem Alvi, President of the SITE Association of Industry (SAI), has raised a serious alarm over the ongoing water crisis in Karachi’s key industrial zone. He revealed that factories in the SITE area have not received a drop of water in the last two weeks, leading to a near-complete […]
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Karachi, May 2, 2025 – Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has assured the Overseas Investors Chamber of Commerce and Industry (OICCI) that their budget recommendations will be given serious consideration during the upcoming budget formulation process.
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Karachi, May 2, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has strongly recommended the removal of the 5% regulatory duty on polyester yarn in its official tax proposals for the upcoming federal budget 2025–26.
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Karachi, May 1, 2025 — The Karachi Chamber of Commerce and Industry (KCCI) has submitted comprehensive recommendations to the government for the upcoming Budget 2025–26, addressing the growing issue of under-invoicing and misdeclaration on imported plastic, especially polyethylene and polypropylene products.
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Karachi, May 1, 2025 – Pakistan’s rice exporters have called on the government to offer tax incentives to strengthen the rice sector and boost foreign exchange earnings.
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Islamabad, April 30, 2025 — In a major crackdown on anti-competitive behavior, the Competition Commission of Pakistan (CCP) has imposed a hefty penalty of Rs155 million on eight leading poultry hatcheries for cartelization and price-fixing in the market of day-old broiler chicks (DOCs).
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The Overseas Investors Chamber of Commerce and Industry (OICCI) has once again emphasized the need for a more stable and growth-oriented tax framework to attract foreign and local investment. As part of its budget recommendations, the OICCI has strongly urged the government to initiate a phased elimination of the super tax, proposing its complete removal […]
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The Union of Small and Medium Enterprises (Unisame) has issued a strong call to action for Pakistan’s SME sector, urging businesses to enhance their crisis preparedness strategies in light of growing global economic uncertainties and geopolitical tensions.
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