Karachi, August 12, 2025 – In a major relief for Pakistan’s exporters, the State Bank of Pakistan (SBP) has announced the withdrawal of stringent conditions previously imposed under the “Delayed Realization of Export Proceeds” policy.
(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 demands revocation of retrospective gas billing
Karachi, August 11, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has called on the federal government to immediately withdraw retrospective gas billings imposed on industrial and commercial consumers.
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KCCI voices concern over customs raids on genuine businesses
Karachi, August 8, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has expressed serious concern over recent anti-smuggling raids by customs authorities that, according to the Chamber, have targeted legitimate businesses alongside illicit operators.
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FPCCI welcomes reversal of harsh tax measures
Karachi, August 8, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has warmly welcomed the government’s decision to roll back several controversial tax provisions introduced in the federal budget for the fiscal year 2025–26.
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Industry revival committee suggests corporate tax rate at 26%
Islamabad, August 7, 2025 – In a significant development aimed at reviving Pakistan’s industrial sector, the industry revival committee has proposed a phased reduction in the corporate income tax rate—from the current 29% to 26%—over the next three years.
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Sindh links cess relief to court case withdrawals
Karachi, August 6, 2025 – The Sindh government has extended a conditional proposal to the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) to reduce the infrastructure development cess to 1%, provided all pending court cases against the cess are collectively withdrawn by the business community and corporate sector.
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Pakistan’s trade deficit widens by 44% in July 2025
ISLAMABAD, August 6, 2025 – Pakistan recorded a sharp increase in its trade deficit in July 2025, driven largely by a substantial rise in import payments.
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KCCI slams night-time customs raids in Karachi markets
Karachi, August 2, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has strongly objected to the ongoing raids being conducted by Customs officials at shops and godowns across Karachi, calling them illegal, unannounced, and highly disruptive.
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Merchants warn against abrupt e-invoicing move
KARACHI, August 2, 2025 – The Pakistan Chemicals & Dyes Merchants Association (PCDMA) has raised serious concerns over the Federal Board of Revenue’s (FBR) sudden decision to implement its new e-invoicing system from August 1, 2025.
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Senators urge tax clarity for EPZA revamp
Karachi, August 1, 2025 – The Senate Standing Committee on Industries and Production, led by Senator Aon Abbas, visited the headquarters of the Export Processing Zones Authority (EPZA) on Friday to review key challenges facing Pakistan’s industrial zones and to explore policy improvements that can enhance investor confidence.
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