Karachi, May 26, 2024 – The Pakistan Business Council (PBC) has called on authorities to ensure a transparent system for fixing import trade prices. In its proposals for the upcoming Budget 2024-25, the PBC highlighted that commercial importers are undermining the domestic industry through widespread under-invoicing and dumping of imported products.
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FBR Proposes Capital Gains Tax Levy on Used Cars Sale
Islamabad, May 25, 2024 – In a significant move poised to impact the automotive market, the Federal Board of Revenue (FBR) has proposed the introduction of a capital gains tax (CGT) on the sale of used cars.
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PM Shehbaz Rejects Carbon Tax Proposal in 2024-25 Budget
In a decisive move, Prime Minister Shehbaz Sharif has dismissed the Federal Board of Revenue’s (FBR) proposal to implement a carbon tax in the forthcoming 2024-25 budget.
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PBC Urges Rectification of Tax Anomalies in Services Sector
Karachi, May 24, 2024 – The Pakistan Business Council (PBC) has urged authorities to address and rectify tax anomalies in the services sector through amendments in the forthcoming budget for the fiscal year 2024-25.
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Fruit Juice Council Demands Removal of 20% FED in Budget
Karachi, May 23, 2024 – The Fruit Juice Council (FJC) has urgently appealed to the Federal Board of Revenue (FBR) for the elimination of the 20% Federal Excise Duty (FED) in the forthcoming budget for 2024-25.
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UNISAME Calls for Bringing PayPal and Stripe to Pakistan
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.
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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.
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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.
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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.
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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.
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