Punjab Governor Sardar Saleem Haider Khan said on Sunday that additional tax relief for the real estate sector is expected in the upcoming budget as part of broader efforts to revive economic activity and support industrial growth.
(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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Karachi, Faisalabad chambers to jointly highlight business concerns
KARACHI, April 11 (PkRevenue.com) – The Karachi Chamber of Commerce and Industry and Faisalabad Chamber of Commerce and Industry agreed on Saturday to strengthen coordination to present a unified stance on Pakistan’s economic and business challenges, according to a joint statement.
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SSGC suspends gas supply to industries across Sindh for 24 hours
KARACHI, April 11 – Sui Southern Gas Company on Saturday announced a 24-hour suspension of gas supply to industrial consumers across Sindh, citing a system shortfall and efforts to improve pressure and ensure equitable distribution.
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Service Long March expands Pakistan footprint with $120 million investment
Islamabad, April 9, 2026 — Service Long March Tyres (Private) Limited has announced an additional investment of $120 million in Pakistan, reinforcing growing investor confidence in the country’s industrial and export potential. The announcement was made during a high-level meeting between Federal Minister for Commerce Jam Kamal Khan and the company’s Chairman, Jin Yongsheng, along with senior government officials.
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Khurram Ijaz criticizes govt borrowing surge, warns of private sector crowding out
Karachi, April 7, 2026 – Khurram Ijaz, General Secretary of the Businessmen Panel Progressive (BMPP) and former Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has expressed strong concern over the federal government’s rapidly rising borrowing from commercial banks, warning that it will further squeeze credit availability for the private sector.
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Qasim Shikarpuri sounds alarm: FBR crackdown puts jewelers at risk
Karachi, April 7, 2026 — Jewelers across Pakistan have raised strong objections to the recent regulations and enforcement measures introduced by the Federal Board of Revenue (FBR). According to industry leaders, these policies are placing significant pressure on the gold and jewelry sector, slowing down business activity and creating uncertainty for traders, particularly small retailers.
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Motiwala proposes restoration of zero-rated sales tax for exports
Karachi, April 6, 2026 – Chairman of the Businessmen Group (BMG), Muhammad Zubair Motiwala, has called on the Federal Board of Revenue (FBR) to immediately restore the zero-rated sales tax for Pakistan’s export sector, warning that ongoing global and regional tensions could severely impact the country’s economy.
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Business leaders warn fuel price hike may cripple economy
Karachi, April 3, 2026 – Pakistan’s leading business bodies have strongly condemned the unprecedented surge in petroleum prices, warning that the move could trigger economic paralysis, widespread industrial shutdowns, and a fresh wave of inflation across the country.
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Khurram Ijaz Slams Fuel Hike, Warns of Inflation Surge
Karachi, April 3, 2026 – Khurram Ijaz, General Secretary of Businessmen Panel Progressive (BMPP) and former Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has strongly criticized the recent sharp increase in petroleum prices, warning that the decision will trigger a severe wave of inflation across the country and deepen economic hardship for both households and businesses.
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Pakistan imports fall 5.57% amid Iran war trade disruptions
Islamabad, April 2, 2026 – Pakistan has reported a 5.57% decline in imports during March 2026, reflecting the early economic impact of escalating regional tensions following the Iran war. The conflict, triggered after the United States and Israel launched strikes on Iran on February 28, has disrupted global logistics and slowed foreign trade across the region.
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