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Category: Trade & Industry

Trade & Industry news covering business developments, industrial growth, manufacturing trends, and economic policies shaping domestic and global markets.

Federation of Pakistan Chambers

FPCCI Raises Concerns Over Ambitious Tax Targets

June 15, 2024June 15, 2024Shahnawaz Akhter

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI), the apex body representing business chambers across Pakistan, has presented its analysis of the recently unveiled federal budget for the fiscal year 2024-25.

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KCCI Photo

Pakistan Budget 2024-25: A Template of IMF, Says KCCI

June 15, 2024June 15, 2024Shahnawaz Akhter

The Karachi Chamber of Commerce and Industry (KCCI) has expressed severe discontent with Pakistan’s Federal Budget for 2024-25, describing it as a template of the International Monetary Fund (IMF).

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KATI

KATI Levels Scathing Critique 2024-25 Budget

June 14, 2024June 14, 2024Faisal Shahnawaz

The Korangi Association of Trade and Industry (KATI) has launched a scathing attack on the recently unveiled budget 2024-25, accusing the government of a blatant disregard for the nation’s industrial sector.

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UNISAME

Budget 2024-25 Disappoints UNISAME

June 14, 2024June 14, 2024Shahnawaz Akhter

The Union of Small and Medium Enterprises (UNISAME) has expressed profound disappointment and disillusionment with the proposed 2024-25 budget, urging Finance Minister Muhammad Aurangzeb to reconsider critical aspects for the sake of the underprivileged majority sector.

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trade and idustries in world

New Tax Regime for Exporters Unveiled in Pakistan

June 14, 2024June 14, 2024Shahnawaz Akhter

Karachi, June 14, 2024: A significant change is on the horizon for Pakistani exporters as the Finance Bill 2024 introduces a new tax regime. Effective July 1, 2024, this bill dismantles the long-standing final tax system for exports, ushering in a new era for how export-related taxes are handled.

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Pakistan Business

PBC Questions Massive Salary Increase for Govt Employees

June 13, 2024June 13, 2024Shahnawaz Akhter

In a critical response to the newly announced budget for the fiscal year 2024-25, the Pakistan Business Council (PBC) has raised significant concerns over the substantial salary increments granted to government employees.

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KCCI Photo

KCCI Rejects 2024-25 Budget, Terms It Anti-Industry

June 13, 2024June 13, 2024Shahnawaz Akhter

The Karachi Chamber of Commerce and Industry (KCCI) on Wednesday voiced strong opposition to the federal budget for the fiscal year 2024-25, presented by the government.

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trade and idustries in world

LSM in Negative: Pakistan Economic Survey 2023-24

June 11, 2024June 11, 2024Shahnawaz Akhter

PkRevenue.com – The Pakistan Economic Survey 2023-24, released on Tuesday, revealed that Large-Scale Manufacturing (LSM) remained in negative territory at -0.1 percent during July-March FY 2024, marking an improvement from the -7.0 percent growth recorded in the corresponding period last year.

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Rice Pakistan Containers

REAP Suggests Hassle-Free Tax Payment System

June 11, 2024June 11, 2024Shahnawaz Akhter

PkRevenue.com – The Rice Exporters Association of Pakistan (REAP) has called on the government to implement a one-window tax system for exports to simplify tax payments and aid exporters.

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textile manufacturing

Value-Added Textile Exporters Reject Proposed Tax Scrutiny

June 11, 2024June 11, 2024Shahnawaz Akhter

PkRevenue.com – In a united front against the proposed tax changes in the upcoming budget for 2024-25, the value-added textile exporters have rejected the introduction of a minimum tax regime that includes extensive scrutiny.

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