Karachi, March 15, 2025 – The SITE Association of Industry has called on the Federal Board of Revenue (FBR) to extend the deadline for filing monthly sales tax returns, citing severe technical challenges faced by taxpayers using the FBR’s online IRIS system.
(more…)Category: Trade & Industry
This section covers news on trade and industry. Pakistan Revenue is committed to providing the latest updates on business trends.
-

PM Shehbaz Orders Immediate Release of Containers at Ports
LAHORE: Prime Minister Shehbaz Sharif has directed the immediate release of all containers stuck at ports and announced that port operations will now remain open on Sundays to facilitate trade and commerce.
(more…) -

Shehbaz Directs New Investment Scheme for Economic Revival
Islamabad, March 14, 2025 – Prime Minister Shehbaz Sharif has instructed authorities to introduce a well-structured scheme for long-term investment in Pakistan, emphasizing its critical role in economic growth.
(more…) -

EPCL Successfully Commissions Rs 5.8 Billion Green Initiative
Karachi, March 13, 2025 – Engro Polymer & Chemical Limited (EPCL) has officially announced the successful commissioning of its High-Temperature Direct Chlorination (HTDC) and heat recovery patented technology, aimed at enhancing operational efficiency and significantly reducing carbon footprints.
(more…) -

Minister Reviews Import of Raw Sugar to Stabilize Prices
Islamabad, March 12, 2025 – Minister for National Food Security and Research, Rana Tanveer Hussain, chaired an important meeting on Wednesday to review the potential import of raw sugar as part of the government’s strategy to stabilize domestic sugar prices and provide relief to consumers.
(more…) -

Haleon Achieves ‘Made in Pakistan’ Centrum First Export to Kenya
Karachi, March 12, 2025 – Haleon Pakistan Limited has achieved a significant milestone by successfully dispatching the first consignment of its locally manufactured Centrum to Kenya.
(more…) -

CCP Cracks Down on Cartelization in Steel Market
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…) -

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).
(more…) -

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.
(more…) -

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.
(more…)
