Karachi, May 23, 2024 – The Union of Small and Medium Enterprises (UNISAME) has urged the Pakistani government to expedite the introduction of PayPal and Stripe in the country to address the payment issues faced by start-ups and freelancers.
(more…)Tag: budget proposals
-
KCCI Proposes Measures to Combat Fraud by Foreign Suppliers
Karachi, May 23, 2024 — In a bid to protect importers from fraudulent activities by foreign suppliers, the Karachi Chamber of Commerce and Industry (KCCI) has presented a comprehensive plan to the tax authorities.
(more…) -
Beverage Industry Presents Tax Proposals for Budget 2024-25
Islamabad, May 22, 2024 – On Wednesday, the beverage industry presented its tax proposals for the upcoming budget 2024-25 to Finance Minister Muhammad Aurangzeb.
(more…) -
Tariff Rationalization Proposed for Black Tea Imports
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.
(more…) -
KCCI Submits Taxation Plan for Cryptocurrency Income in Pakistan
The Karachi Chamber of Commerce and Industry (KCCI) has proposed a comprehensive plan to tax income derived from cryptocurrency transactions within Pakistan’s jurisdiction, marking a significant step towards regulating the burgeoning digital asset market in the country.
(more…) -
Aurangzeb Confirms Tax Exemption for FATA, PATA Ends June 30
Federal Minister for Finance Senator Muhammad Aurangzeb disclosed to the National Assembly on Thursday that there are no plans for new legislation to extend tax and duty exemptions for the erstwhile Federally Administered Tribal Areas (FATA) and Provincially Administered Tribal Areas (PATA) regions.
(more…) -
Business Community Calls for Repeal of Section 7E
Amidst preparations for the upcoming budget 2024-25, the business community in Pakistan, represented by the Karachi Chamber of Commerce and Industry (KCCI), is vehemently urging the government to abolish Section 7E of the Income Tax Ordinance, 2001.
(more…) -
KCCI Pushes for Tax Procedure Simplification in Budget 2024-25
Karachi Chamber of Commerce and Industry (KCCI) has mounted pressure on the government for the simplification of tax procedures in the upcoming budget for the fiscal year 2024-25.
(more…) -
OICCI Proposes Revamping Telecom Sector WHT Regime
The Overseas Investors Chamber of Commerce and Industry (OICCI) has put forward a comprehensive proposal aimed at revamping the withholding tax (WHT) regime for the telecom sector in Pakistan, as part of its recommendations for the upcoming budget 2024-25.
(more…) -
OICCI Advocates for Regulatory Duties on Used Car Imports
The Overseas Investors Chamber of Commerce and Industry (OICCI) has put forward a proposal urging the reinstatement of regulatory duty (RD) and additional customs duty (ADD) on the import of used cars.
(more…)