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Category: Trade & Industry

Trade & Industry news covering business developments, industrial growth, manufacturing trends, and economic policies shaping domestic and global markets.

Pakistan Business

PBC Urges FBR to Raise Refund Processing Limits for Exporters

February 17, 2025February 17, 2025Shahnawaz Akhter

Karachi, February 17, 2025 – The Pakistan Business Council (PBC) has urged the Federal Board of Revenue (FBR) to revise and increase the refund processing limits for exporters to facilitate business operations and improve liquidity.

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Federation of Pakistan Chambers

FPCCI Applauds Separation of Tax Policy from FBR

February 17, 2025February 17, 2025Shahnawaz Akhter

Karachi, February 17, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has warmly welcomed the government’s decision to separate tax policy from the Federal Board of Revenue (FBR). This reform is seen as a critical step toward enhancing transparency, improving efficiency, and fostering economic growth.

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KCCI Photo

KCCI Accuses NEPRA, KE of Neglecting Karachi Consumers

February 15, 2025February 15, 2025Shahnawaz Akhter

Karachi, February 15, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has strongly criticized the National Electric Power Regulatory Authority (NEPRA) and K-Electric (KE) for their alleged failure to pass on the benefits of tariff reductions to Karachi’s consumers.

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Accountability

NAB Discloses Huge Capital Outflow Seeking Citizenship Abroad

February 12, 2025February 12, 2025Mrs. Anjum Shahnawaz

Karachi, February 12, 2025 – The National Accountability Bureau (NAB) on Wednesday revealed alarming statistics regarding capital outflows, highlighting that a significant number of Pakistanis had moved abroad last year, transferring substantial sums to secure foreign citizenship.

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KCCI Photo

KCCI Advocates Consumer Rights in Security Deposit Dispute

February 10, 2025February 10, 2025Shahnawaz Akhter

KARACHI: The Karachi Chamber of Commerce & Industry (KCCI) has strongly urged the National Electric Power Regulatory Authority (NEPRA) to put on hold the proposed hike in security deposit rates by Distribution Companies (DISCOs) until full transparency is ensured and an inclusive consultation process is undertaken with all stakeholders.

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trade and idustries in world

Lowering Tax Rates Essential for Investment Growth: FCCI

February 8, 2025February 8, 2025Mrs. Anjum Shahnawaz

Faisalabad, February 8, 2025 – The Faisalabad Chamber of Commerce and Industry (FCCI) has reiterated its call for reducing tax rates to attract both local and foreign investment, emphasizing that a lower tax burden is crucial for economic growth and development.

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SITE Association

SAI Urges Pakistan to Capitalize on US Tax Measures

February 8, 2025February 8, 2025Shahnawaz Akhter

Karachi, February 8, 2025 – The Site Association of Industry (SAI) has advised the Pakistan government to take advantage of recent tax measures introduced by the United States against various countries.

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KATI

KATI welcomes agricultural income tax bill approval in Sindh

February 4, 2025February 4, 2025Shahnawaz Akhter

Karachi, February 4, 2025 – The Korangi Association of Trade and Industry (KATI) has expressed strong support for the Sindh government’s approval of the Agricultural Income Tax (AIT) Bill, calling it a major step toward expanding the province’s tax base and fostering a more equitable tax distribution system.

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cement industry pakistan

Cement offtake surges 14.08% year-on-year in January 2025

February 3, 2025February 3, 2025Shahnawaz Akhter

February 3, 2025 – The cement industry in Pakistan experienced significant growth in January 2025, with total cement despatches increasing by 14.08% compared to the same month last year, according to data released by the All Pakistan Cement Manufacturers Association (APCMA).

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statutory order

PCDMA highlights complexities in SRO 55 issued by FBR

February 3, 2025February 3, 2025Shahnawaz Akhter

Karachi, February 3, 2025 – The Pakistan Chemical and Dyes Merchants Association (PCDMA) has expressed concerns over the complexities arising from SRO 55(I)/2025, issued by the Federal Board of Revenue (FBR), and its potential impact on traders.

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  • Pakistan Lifts Ban on Commercial Car Imports
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