Pakistan Revenue
Islamabad, May 10, 2024 – Prime Minister Shehbaz Sharif has instructed government officials to craft a new trade policy that prioritizes export enhancement and is friendly to business interests.
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In an impactful gathering hosted by the Union of Small and Medium Enterprises (UNISAME), leading SME experts and community leaders convened to discuss innovative strategies for accelerating SME growth in Pakistan from the grassroots level.
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Islamabad, May 10, 2024: A new study by Ipsos Pakistan paints a concerning picture of the country’s cigarettes market, revealing a significant shift towards illicit brands.
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ISLAMABAD: The Islamabad-based think tank, Capital Calling, has called for rigorous adjustments to the taxation policy on cigarettes, aiming to align it with global norms.
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KARACHI: During a recent meeting at the Karachi Chamber of Commerce & Industry (KCCI), Justice (Retd.) Arif Hussain Khilji, Managing Director of Musaliha International Center for Arbitration and Dispute Resolution (MICADR), advocated for businesses to employ arbitration and mediation services provided by MICADR to resolve disputes.
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Citi Pharma Limited, a key player in Pakistan’s pharmaceutical sector, has announced a significant joint venture (JV) with Hangzhou Newsea Technology Co. Ltd, aiming to bolster its Active Pharmaceutical Ingredients (API) manufacturing capabilities.
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Karachi, May 6, 2024 – The Pakistan Business Council (PBC), a leading advocacy group representing major businesses in the country, has submitted proposals for the upcoming budget 2024-25. A key area of focus for the PBC is seeking amendments to the existing group taxation regulations to provide clarity and relief regarding inter-corporate dividends (ICD).
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In a significant move on May 3, 2024, the boards of Engro Corporation Limited (Engro Corp) and DH Corporation Limited (DH Corp) approved a restructuring plan involving, aiming to optimize capital allocation and enhance shareholder returns.
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Islamabad, May 5, 2024 – A significant stride towards enhancing bilateral economic relations between Saudi Arabia and Pakistan was marked by the arrival of a high-profile Saudi trade delegation in Islamabad on Sunday.
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In a revealing assessment by the Pakistan Business Council (PBC), the misuse of the Afghan Transit Trade (ATT) agreement along with unchecked smuggling from Iran has been spotlighted as significant drains on Pakistan’s economy.
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