Karachi, May 20, 2024 – The Karachi Chamber of Commerce and Industry (KCCI) has urged the government to grant a sales tax exemption on the import of gold for export purposes.
(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 Pushes for Inclusion of Commercial Importers in FTR
The Karachi Chamber of Commerce and Industry (KCCI) has called for the inclusion of commercial importers into the Final Tax Regime (FTR), particularly concerning the tax treatment at the import stage.
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OICCI Demands Abolishing Advance Tax on Telecom Subscribers
Karachi, May 18, 2024 – The Overseas Investors Chamber of Commerce and Industry (OICCI) has proposed the abolition of advance tax on telecom subscribers in the upcoming budget for 2024-25.
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KCCI Suggests Adjusting Refunds against Sales Tax Liability
Karachi, May 18, 2024 – The Karachi Chamber of Commerce and Industry (KCCI) has proposed that the Federal Board of Revenue (FBR) permit the adjustment of sales tax refunds against sales tax liabilities to address significant delays in payments.
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UNISAME Invites Attention of CEO SMEDA on Pressing Issues
Karachi, May 18, 2024 – The Union of Small and Medium Enterprises (UNISAME) has urgently called on the newly appointed CEO of the Small and Medium Enterprises Development Authority (SMEDA), Socrat Aman Rana, to address the critical issues facing the small industries sector.
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KATI Urges Transport Cost Reduction After Petroleum Price Cut
Karachi, May 17, 2024 – Following the recent significant reduction in petroleum prices, the Korangi Association of Trade and Industry (KATI) has called for a corresponding decrease in transportation costs to benefit both businesses and the general public.
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SAI Presents Budget Proposals to Promote Industrialization
Karachi, May 17, 2024 – The SITE Association of Industry (SAI), representing Pakistan’s largest and most diverse industrial base, has submitted a comprehensive set of proposals for the 2024-25 budget aimed at promoting industrialization and sustainable economic growth in the country.
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Karachi Chamber Advocates for Restricting Super Tax Scope
The Karachi Chamber of Commerce and Industry (KCCI) has put forth a recommendation to limit the scope of super tax implementation in the upcoming budget for 2024-25.
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Sindh Governor Admits Karachi’s Loss of Economic Hub Status
KARACHI: Governor Sindh, Kamran Khan Tessori, made a candid admission on Thursday, declaring that Karachi has relinquished its position as Pakistan’s economic epicenter.
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SITE Industries Applaud Reduction in Petroleum Prices
KARACHI: Muhammad Kamran Arbi, President of the SITE Association of Industry, has expressed his appreciation for the significant reduction in petrol and diesel prices by the government, heralding it as a positive step towards alleviating economic burdens on industries and the common populace.
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