PkRevenue.com — The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has called for the revocation of Section 8B of the Sales Tax Act, 1990 in the forthcoming budget for the fiscal year 2024-25.
(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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FPCCI Calls for Abolishment of Further Tax in 2024-25 Budget
PkRevenue.com – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has proposed the elimination of the further tax in the forthcoming 2024-25 budget, aiming to alleviate the burden on the business community.
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Kenya Releases 1,300 Containers of Pakistani Rice
PkRevenue.com – Kenya has authorized the release of 1,300 containers of Pakistani rice that had been delayed at the Port of Mombasa. This resolution follows the proactive intervention of Pakistani Federal Minister for Commerce, Jam Kamal Khan, signaling strengthened economic ties between the two countries.
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KCCI Hails Decision of Industry Status to Warehouse and Logistics
The Karachi Chamber of Commerce and Industry (KCCI) has warmly welcomed the government’s decision to declare warehouses and logistics as an industry. This long-awaited move has been a major demand of the business and industrial community, and its fulfillment marks a significant step towards creating a more conducive business environment.
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FPCCI Demands Abolishing Deemed Income Tax Under Section 7E
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has called on tax authorities to abolish the deemed income tax under Section 7E of the Income Tax Ordinance, 2001.
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Ritz Carlton Reserve Makes Grand Entrance in Middle East
Ummahat Island, Saudi Arabia: Nujuma, a Ritz-Carlton Reserve, the first Ritz-Carlton Reserve in the Middle East was unveiled today on Ummahat Island in the tranquil waters of The Red Sea.
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UNISAME Pushes for Stronger SMEDA to Empower SMEs
PkRevenue.com – The Union of Small and Medium Enterprises (UNISAME) has called on the government to empower the Small and Medium Enterprises Development Authority (SMEDA) to effectively address the issues facing the SME sector.
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FPCCI Demands Lower Interest Rates and Power Tariff
PkRevenue.com – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the government to reduce interest rates and electricity tariffs to revive the country’s struggling industrial sector.
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KCCI Appeals to PM, Army Chief to Address Karachi Target Killings
PkRevenue.com – The President of the Karachi Chamber of Commerce & Industry (KCCI), Iftikhar Ahmed Sheikh, has voiced grave concerns over the escalating incidents of target killings in Karachi.
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Mondelez Pakistan to Solarize Production Plants
PkRevenue.com – Mondelez Pakistan has announced a significant step towards sustainability by partnering with Shams Power to solarize its confectionary and powdered beverages plants.
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