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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.

trade and idustries in world

Business Community Anticipates Currency Depreciation in 2024-25

June 3, 2024June 3, 2024Mrs. Anjum Shahnawaz

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.

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KCCI Photo

KCCI Demands Uniform WHT Rate for Importers, Manufacturers

June 1, 2024June 1, 2024Shahnawaz Akhter

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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KCCI Photo

Karachi Industrialists Demand Full Restoration of Electricity

June 1, 2024June 1, 2024Shahnawaz Akhter

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 Producers

Steel Industry Representatives Meet Finance Minister

May 30, 2024May 30, 2024Shahnawaz Akhter

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

UNISAME Fears More Tax Burden Will Cripple SME Sector

May 30, 2024May 30, 2024Shahnawaz Akhter

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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KCCI Photo

Oman Seeks to Expand Imports from Pakistan

May 29, 2024May 29, 2024Faisal Shahnawaz

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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FED on cigarettes

Health Experts Recommend 40% Increase in Tobacco Tax

May 29, 2024May 29, 2024Mrs. Anjum Shahnawaz

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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trade and idustries in world

Business Community Rejects Public Holiday on Youm-e-Takbeer

May 27, 2024May 27, 2024Faisal Shahnawaz

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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trade and idustries in world

IAP: Construction Industry Embracing Modern Materials

May 27, 2024May 27, 2024Faisal Shahnawaz

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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KCCI Photo

Government Assures KCCI of Considering Budget Proposals

May 27, 2024May 27, 2024Shahnawaz Akhter

(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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