Karachi, June 21, 2024: Engro Fertilizers has successfully completed the largest-ever scheduled maintenance activity of its EnVen Plant, wrapping up the 55-day turnaround on June 18, 2024.
(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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Anomaly Committee Calls for Review of New Exporters Tax Regime
Karachi, Pakistan – June 21, 2024 – Pakistan’s business community is calling for a reevaluation of a key provision in the recently unveiled Finance Bill 2024. The proposed change, a shift from a fixed tax regime for exporters to a regular tax system, has raised concerns and prompted a high-level meeting at the Federation of Pakistan Chambers of Commerce and Industry (FPCCI).
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Exporters in Scramble to Avoid Tax Regime Shakeup
Islamabad, June 21, 2024 – Pakistan’s export sector is in a state of flux as exporters scramble to negotiate a way out of the proposed changes to their tax regime outlined in the Finance Bill 2024.
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Pakistan Ramps Up Real Estate Taxation in Finance Bill 2024
Karachi, Pakistan – June 16, 2024 – The real estate sector in Pakistan, long considered under-taxed, is facing a tightening noose from the government.
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Tax Changes for Exporters Threaten Forex Reserves, Warn Experts
Karachi, Pakistan – June 16, 2024 – Leading tax experts at KPMG Taseer Hadi & Co. have raised concerns about the impact of tax changes for exporters proposed in the Finance Bill 2024 on Pakistan’s foreign exchange reserves.
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Finance Bill 2024: Tax Changes Impact on Manufacturing Sector
The cyclical nature of Pakistan’s manufacturing sector plays a pivotal role in shaping the overall economy, as it is intricately linked to the Composite Leading Indicator (CLI).
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PALSP Applauds Tax Reforms for Steel Industry in Budget 2024-25
The Pakistan Association of Large Steel Producers (PALSP) has lauded the strategic tax reforms introduced in the 2024-25 budget, heralding a significant boost for the steel industry.
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FPCCI Raises Concerns Over Ambitious Tax Targets
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI), the apex body representing business chambers across Pakistan, has presented its analysis of the recently unveiled federal budget for the fiscal year 2024-25.
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Pakistan Budget 2024-25: A Template of IMF, Says KCCI
The Karachi Chamber of Commerce and Industry (KCCI) has expressed severe discontent with Pakistan’s Federal Budget for 2024-25, describing it as a template of the International Monetary Fund (IMF).
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KATI Levels Scathing Critique 2024-25 Budget
The Korangi Association of Trade and Industry (KATI) has launched a scathing attack on the recently unveiled budget 2024-25, accusing the government of a blatant disregard for the nation’s industrial sector.
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