PkRevenue.com – The Pakistan Business Forum (PBF) has issued a warning that the business community is likely to face further depreciation of the local currency in the upcoming fiscal year.
(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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KCCI Demands Uniform WHT Rate for Importers, Manufacturers
PkRevenue.com – The Karachi Chamber of Commerce and Industry (KCCI) has called on authorities to implement a uniform withholding tax (WHT) rate for both commercial importers and manufacturers in the upcoming budget for 2024-25.
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Karachi Industrialists Demand Full Restoration of Electricity
PkRevenue.com – Karachi industrialists on Saturday called upon K-Electric to fully restore electricity to factories and manufacturing units in the city.
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Steel Industry Representatives Meet Finance Minister
PkRevenue.com – On Thursday, representatives from the steel industry met with Finance Minister Muhammad Aurangzeb to discuss proposals for the upcoming 2024-25 budget.
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UNISAME Fears More Tax Burden Will Cripple SME Sector
PkRevenue.com – Zulfikar Thaver, President of the Union of Small and Medium Enterprises (UNISAME), has expressed grave concerns over potential new tax burdens in the upcoming 2024-25 budget, warning that additional taxes could severely cripple the already struggling SME sector.
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Oman Seeks to Expand Imports from Pakistan
PkRevenue.com – The Consul General of the Sultanate of Oman, Eng. Sami Abdullah Al Khanjari, announced Oman’s intent to broaden its import spectrum from Pakistan, focusing on the high-quality agricultural products Pakistan offers.
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Health Experts Recommend 40% Increase in Tobacco Tax
Pkrevenue.com – Health experts have urged the Federal Board of Revenue (FBR) to implement a 40% increase in tobacco taxes in the budget for the fiscal year 2024-25. This proposal aims to reduce tobacco consumption, enhance government revenue, and address the significant health costs associated with smoking.
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Business Community Rejects Public Holiday on Youm-e-Takbeer
PkRevenue.com – The business community has voiced strong opposition to the public holiday announced by Prime Minister Shehbaz Sharif on the occasion of Youm-e-Takbeer.
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IAP: Construction Industry Embracing Modern Materials
PkRevenue.com – The construction industry in Pakistan is making strides towards sustainability by adopting modern and eco-friendly construction materials, according to an official from the Institute of Architects Pakistan (IAP).
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Government Assures KCCI of Considering Budget Proposals
(PkRevenue.com) – The federal government assured the Karachi Chamber of Commerce and Industry (KCCI) on Monday that it would seriously consider their proposals for the 2024-25 budget.
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