Islamabad, May 17, 2025 – Pakistan has unveiled a comprehensive vision to establish itself as a vital economic link between South Asia, Central Asia, and beyond.
(more…)Category: Trade & Industry
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Pakistan sees 75% surge in gold import during 10MFY25
Karachi, May 17, 2025 – Pakistan has witnessed a substantial increase in its gold import, with official figures showing a 75% rise during the first ten months (July–April) of the fiscal year 2024–25 compared to the same period last year.
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No new taxes on tobacco crop, assures law minister
ISLAMABAD, May 17 — Federal Law Minister Azam Nazeer Tarar on Friday assured the National Assembly that no new regulations or taxes have been imposed on the tobacco sector, particularly on the crop or landowners in Khyber Pakhtunkhwa.
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Aurangzeb engages American businesses on budget 2025-26
Islamabad, May 17, 2025 – Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held a high-level meeting on Friday with representatives of American businesses in Pakistan to discuss key tax and economic proposals for the upcoming 2025-26 federal budget.
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Pakistan’s textile exports near $15 Billion in 10MFY25
Islamabad, May 16, 2025 – Pakistan’s textile exports have shown a strong performance during the first ten months (July to April) of the fiscal year 2024-25, reaching close to the $15 billion mark.
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OICCI proposes structural customs reforms to combat smuggling
Karachi, May 16, 2025 – The Overseas Investors Chamber of Commerce and Industry (OICCI) has called for wide-ranging customs reforms aimed at curbing smuggling and strengthening Pakistan’s trade integrity.
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FBR notifies tax stamp pricing for cement manufacturers
Islamabad, May 16, 2025 – The Federal Board of Revenue (FBR) has officially announced the tax stamp pricing for cement manufacturers under its Track and Trace System (TTS), marking another key step in enhancing tax compliance and digital monitoring within the cement sector.
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CCP triumphs as tribunal backs penalty on Diamond Paints
Islamabad, May 15, 2025 — The Competition Appellate Tribunal (CAT) has affirmed the Competition Commission of Pakistan’s (CCP) decision in a high-profile deceptive marketing case against Diamond Paints.
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KCCI warns of nationwide protest over harsh tax laws
Karachi, May 15, 2025 — The Karachi Chamber of Commerce and Industry (KCCI) has issued a strong warning to the federal government, signaling the possibility of a nationwide protest if the newly introduced tax laws under the Tax Ordinance Amendment 2025 are not immediately withdrawn.
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Government moves toward tax relief on infant milk powder: minister
ISLAMABAD, May 15, 2025 — Federal Minister for National Food Security and Research, Rana Tanveer Hussain, has assured Nestlé Pakistan of the government’s firm commitment to reducing or eliminating taxes on infant milk powder, recognizing its critical role in child nutrition and development.
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