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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.

Overseas Chamber

OICCI Recommends Withholding Tax Exemption for Milk

May 22, 2024May 22, 2024Shahnawaz Akhter

Karachi, May 22, 2024 – The Overseas Investors Chamber of Commerce and Industry (OICCI) has recommended exempting milk from withholding tax in its proposals for the 2024-25 budget.

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medicine

OICCI Urges Revival of Zero-Rated Regime for Pharma Industry

May 22, 2024May 22, 2024Shahnawaz Akhter

Karachi, May 22, 2024 – The Overseas Investors Chamber of Commerce and Industry (OICCI) has called for the restoration of the zero-rated regime for the pharmaceutical industry in its proposals for the upcoming budget 2024-25.

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sugary drink

Beverage Industry Presents Tax Proposals for Budget 2024-25

May 22, 2024May 22, 2024Mrs. Anjum Shahnawaz

Islamabad, May 22, 2024 – On Wednesday, the beverage industry presented its tax proposals for the upcoming budget 2024-25 to Finance Minister Muhammad Aurangzeb.

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KCCI Photo

Pakistan Exports $800 Million to Poland Due to GSP Plus: Envoy

May 22, 2024May 22, 2024Shahnawaz Akhter

Karachi, May 22, 2024 – The Ambassador of the Republic of Poland, Maciej Pisarski, announced that Pakistan exports to Poland have reached $800 million due to the Generalized System of Preferences (GSP) Plus arrangement.

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Federation of Pakistan Chambers

FPCCI Highlights Malpractices in Pakistan Customs

May 22, 2024May 22, 2024Shahnawaz Akhter

Karachi, May 22, 2024 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) spotlighted widespread malpractices within Pakistan Customs on Wednesday, calling for comprehensive reforms to address the issue.

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prime minister shehbaz sharif

PM Orders Industrial Status for Gems and Stones Sector

May 22, 2024May 22, 2024Hamza Shahnawaz

Prime Minister Shehbaz Sharif on Wednesday directed authorities to grant industrial status to the gems and precious stones sector, emphasizing immediate action and collaboration.

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KCCI Photo

Tariff Rationalization Proposed for Black Tea Imports

May 21, 2024May 21, 2024Shahnawaz Akhter

Karachi, May 21, 2021 (Pkrevenue.com) – The Karachi Chamber of Commerce and Industry (KCCI) has proposed a rationalization of tariffs on the import of black tea in its recommendations for the upcoming budget for the fiscal year 2024-25.

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Karachi Chamber

KCCI Urges Removal of Regulatory Duty on Steel Imports

May 21, 2024May 21, 2024Shahnawaz Akhter

Karachi, May 21, 2024 – The Karachi Chamber of Commerce and Industry (KCCI) has called for the elimination of regulatory duty (RD) on the import of steel products in its budget proposals for the fiscal year 2024-25.

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state bank of pakistan 03

Pakistan Import Payments to India Rise by 13% in 10MFY24

May 20, 2024May 20, 2024Shahnawaz Akhter

Pakistan has reported a notable increase of 13% in import payments to neighboring India during the first ten months (July – April) of the fiscal year 2023-24.

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KCCI Photo

Pakistan Should Apply New GSP Plus Regulations: Belgian Envoy

May 20, 2024May 20, 2024Hamza Shahnawaz

Karachi, May 20, 2024 – Ambassador of Belgium, Charles Delogne, emphasized the urgent need for Pakistan to comply with the new Generalized System of Preferences Plus (GSP Plus) regulations during his farewell visit to the Karachi Chamber of Commerce & Industry (KCCI) on Monday.

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