Pakistan Revenue
Islamabad, April 17, 2024 – Philip Morris Pakistan Limited (PMPKL) has sounded the alarm on the urgent need for immediate measures to combat the rising prevalence of low-priced, non-tax-paid cigarettes, citing a loss of fair competition and a significant decline in volumes within the legitimate tobacco sector.
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KARACHI: Muhammad Kamran Arbi, President of the SITE Association of Industry, has voiced strong opposition to the recent increase in petroleum prices, labeling it as detrimental to both the industry and the overall economy.
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Karachi, April 17, 2024 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has called upon the government to slash petroleum prices in light of recent developments easing tensions in the Middle East region.
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Islamabad, April 16, 2024 – Official data released on Tuesday revealed that Pakistan’s Large-Scale Manufacturing (LSM) sector witnessed a slight expansion of 0.6 percent in February 2024 compared to the same period last year.
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Islamabad: In a bid to unlock the potential of micro and inclusive insurance in Pakistan, the Securities and Exchange Commission of Pakistan (SECP) has called upon the Federal Board of Revenue (FBR) to eliminate multiple layers of taxation on insurance products.
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Islamabad, April 16, 2024 – In a bid to enhance consumer protection and promote transparency in the cement industry, the Competition Commission of Pakistan (CCP) has advocated for the mandatory printing of expiry dates on cement bags.
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Peshawar, April 14, 2024 – The Pak-Afghan Joint Chamber of Commerce and Industry (PAJCCI) has strongly advocated for the initiation of a cargo train service from Karachi to Peshawar, aiming to facilitate the business community, particularly those involved in Pak-Afghan trade.
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In a bid to foster fair trade practices and remove existing disparities in raw material clearance, the Union of Small and Medium Enterprises (UNISAME) has directed a fervent appeal towards the commerce ministry. The plea emphasizes the urgent need to rectify an anomaly that discriminates against commercial importers in comparison to their industrial counterparts.
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Karachi, April 6, 2024 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has put forth a comprehensive solution aimed at elevating the tax-to-GDP ratio to 15 percent, addressing the pressing need for fiscal stability and economic growth in Pakistan.
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Islamabad, April 5, 2024 – The American Business Council (ABC), representing US companies operating in Pakistan, has emphasized the need for tax reforms in the country through upcoming budget 2024-25 to bolster investor confidence and foster economic growth.
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