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.
(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 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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FPCCI Backs Tajir Dost Scheme, Urges Further Simplification
PkRevenue.com – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has voiced its strong support for the Federal Board of Revenue’s (FBR) initiative to bring small traders and shopkeepers into the tax net – the Tajir Dost Scheme (TDS).
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Business Confidence Improves But Still Negative: OICCI Survey
PkRevenue.com – Business confidence in Pakistan has seen a slight improvement, rising by 4 percent, though it remains in negative territory. This is according to the 25th Wave of the Business Confidence Index (BCI) survey conducted by the Overseas Investors Chamber of Commerce and Industry (OICCI). The survey was carried out across Pakistan during March-April 2024.
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ICAP Recommends Real-Time Monitoring of Property Transactions
PkRevenue.com – The Institute of Chartered Accountants of Pakistan (ICAP) has proposed that the tax authorities implement real-time reporting of property transactions.
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