Kenya Lowers Customs Valuation on Pakistani Rice
KARACHI: Kenya has officially reduced the customs valuation for Pakistani rice to $460 per metric ton, down from its previous valuation of $615 per metric ton.
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Category: Trade & Industry
PM Shehbaz Directs Hiring Skilled Manpower for SMEDA
Islamabad, March 6, 2025 – Prime Minister Shehbaz Sharif has directed that skilled manpower should be hired from the market to strengthen the Small and Medium Enterprises Development Authority (SMEDA).
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KCCI Highlights Tax Abuse at CTO Karachi
Karachi, March 6, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has voiced serious concerns regarding the fairness and legality of tax enforcement actions targeting the textile sector.
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BMA Calls for Fresh KCCI Elections Within 60 Days
KARACHI: The Businessmen Alliance (BMA) has demanded fresh elections for the Karachi Chamber of Commerce & Industry (KCCI) within 60 days, following a decision by the Directorate General of Trade Organizations (DGTO) that nullified the incumbent body’s 2024-26 election results.
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FPCCI Urges Massive Rate Cut Amid Record Low Inflation
Karachi, March 5, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has strongly called for a substantial reduction of 500 basis points in the benchmark policy rate, citing the lowest inflation levels recorded in nearly a decade.
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UNISAME Calls for Resolution of Net Metering Tax Dispute
Karachi, March 4, 2025 – The Union of Small and Medium Enterprises (UNISAME) has urged the government to resolve the ongoing sales tax disputes related to net metering, which are adversely affecting small and medium enterprises (SMEs) investing in solar energy.
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KCCI Elections Annulled by DGTO, Fresh Polls Ordered
Karachi, March 4, 2025 – The Directorate General of Trade Organizations (DGTO) has declared the elections of the Karachi Chamber of Commerce and Industry (KCCI) for the term 2024-26 as null and void due to serious legal objections raised by a complainant.
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Gatron Challenges Supreme Court Ruling in Tax Credit Case
Karachi, March 4, 2025 – Gatron (Industries) Limited has filed a review petition against the recent Supreme Court of Pakistan ruling in the tax credit case, aiming to secure its claim over investment-related tax benefits.
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Cotton Output Crisis Deepens in Pakistan: PCGA
Lahore, March 4, 2025 – Pakistan’s cotton production crisis has worsened, exerting immense pressure on the national economy, textile industry, and millions of farmers dependent on cotton cultivation. The Pakistan Cotton Ginners Association (PCGA) has reported a drastic decline in cotton output, highlighting a serious challenge for the sector.
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FPCCI Proposes Abolishing Withholding Tax on Sales to Retailers
Karachi, March 2, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has proposed the removal of withholding tax on sales to retailers, arguing that the measure will facilitate business growth and ease the tax burden on traders.
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