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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.

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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gold jewellery

KCCI Seeks Sales Tax Exemption on Gold Import

May 20, 2024May 20, 2024Shahnawaz Akhter

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.

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trade and idustries in world

KCCI Pushes for Inclusion of Commercial Importers in FTR

May 19, 2024May 19, 2024Shahnawaz Akhter

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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Overseas Chamber

OICCI Demands Abolishing Advance Tax on Telecom Subscribers

May 18, 2024May 18, 2024Shahnawaz Akhter

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 Photo

KCCI Suggests Adjusting Refunds against Sales Tax Liability

May 18, 2024May 18, 2024Shahnawaz Akhter

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

UNISAME Invites Attention of CEO SMEDA on Pressing Issues

May 18, 2024May 18, 2024Faisal Shahnawaz

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

KATI Urges Transport Cost Reduction After Petroleum Price Cut

May 17, 2024May 17, 2024Faisal Shahnawaz

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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SITE Association

SAI Presents Budget Proposals to Promote Industrialization

May 17, 2024May 17, 2024Shahnawaz Akhter

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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KCCI Photo

Karachi Chamber Advocates for Restricting Super Tax Scope

May 16, 2024May 16, 2024Shahnawaz Akhter

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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KATI

Sindh Governor Admits Karachi’s Loss of Economic Hub Status

May 16, 2024May 16, 2024Faisal Shahnawaz

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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  • Oppo Reno16 Series Launches Globally With Revised Specifications
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