Karachi, September 30, 2024 – Yousaf Hussain, President and CEO of Faysal Bank Ltd., has been elected as the new president of the Overseas Investors Chamber of Commerce and Industry (OICCI) for the 2024-2026 term.
(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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SAI Demands Extension for Income and Sales Tax Return Filing
Karachi, September 30, 2024 – The SITE Association of Industry (SAI) has urged the Federal Board of Revenue (FBR) to extend the deadline for filing income tax and sales tax returns by at least 15 days. This appeal comes after the FBR’s Integrated Risk Information System (IRIS) experienced technical difficulties, leaving taxpayers unable to file their returns ahead of the September 30 deadline.
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RCCI Appeals to FBR for One-Month Extension in Tax Return Filing Deadline
Islamabad, September 29, 2024 – The Rawalpindi Chamber of Commerce and Industry (RCCI) has called on the Federal Board of Revenue (FBR) to extend the deadline for filing tax returns by one month, citing several logistical challenges and technical issues that have hindered taxpayers from completing their submissions on time.
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FPCCI Endorses Army Chief’s Commitment to Economic Stability
Karachi, September 28, 2024 – Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has expressed full support for the Army Chief’s efforts to bring economic stability, growth, and prosperity to Pakistan.
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KCCI Highlights IRIS Portal Failures Ahead of Tax Filing Deadline
Karachi, September 28, 2024 – With the looming deadline for the submission of income tax returns for the fiscal year 2024, the Karachi Chamber of Commerce and Industry (KCCI) has raised alarms over persistent glitches in the Federal Board of Revenue’s (FBR) online return filing portal, IRIS.
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FPCCI Demands 30-Day Extension for Tax Return Filing Deadline
Karachi, September 28, 2024 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Friday urged the government to extend the deadline for filing income tax returns by a clear 30 days, citing technical challenges and system inefficiencies.
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SAI Elects Office Bearers for 2024-26 Term
KARACHI: The Election Commission of the SITE Association of Industry (SAI), chaired by Muhammad Tariq Yousuf, has announced the unopposed election of key office bearers for the 2024-26 term. Ahmed Azeem Alvi has been elected President, Khalid Riaz as Senior Vice President, and Muhammad Riaz Dhedhi as Vice President.
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KCCI Demands One-Month Extension in Return Filing Deadline
Karachi, September 25, 2024 – The Karachi Chamber of Commerce and Industry (KCCI) has formally requested the Federal Board of Revenue (FBR) to extend the deadline for filing income tax returns for the tax year 2024.
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FPCCI Rejects FBR’s Anti-Business Tax Collection Plan
Karachi, September 25, 2024 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) voiced strong opposition on Wednesday to the Federal Board of Revenue’s (FBR) proposed tax collection strategies, criticizing them as detrimental to business interests. FPCCI President Atif Ikram Sheikh condemned any efforts by the FBR to boost revenue through measures perceived as anti-business, urging for a more inclusive, consultative process with key stakeholders.
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TOMCL Secures $12 Million Frozen Beef Export Deal with China
Karachi, September 24, 2024 – The Organic Meat Company Limited (TOMCL) has announced a major breakthrough in its international operations, securing a significant contract worth $12 million to supply frozen cooked beef meat to China.
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