Conditions for masks import should be relaxed: Khurram Ijaz

KARACHI: Khurram Ijaz, Vice President, Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the authorities to relax conditions on import of face masks and facilitate masses considering the spread... Read more »

FPCCI proposes duty free import of used cars for subsequent export

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has proposed duty free import of used cars and their subsequent export after repair. The apex trade body in its proposals for... Read more »

Manufacturers demand domestic supplies against FE should be treated as exports

KARACHI: Manufacturers have urged the government to treat goods booked abroad on which foreign exchange (FE) has been transferred should be treated as export. Federation of Pakistan Chambers of Commerce and Industry... Read more »

FBR advised to allow examination before filing GDs

KARACHI: Federal Board of Revenue (FBR) has been advised to allow examination/ weighment should be allowed before filing goods declaration (GDs) in order to verify contents of containers. Federation of Pakistan Chambers... Read more »

FPCCI demands elimination of discretionary powers of tax officials

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has demanded withdrawal of discretionary powers of tax officials including multiple selection of audit and entering business premises. Mian Anjum Nisar, President... Read more »

Tax authorities consider reducing minimum tax rate: Zeeshan Merchant

KARACHI: Tax authorities have agreed to consider reducing minimum tax rate for corporate sector and individuals in the upcoming budget, especially in the wake of financial losses due to coronavirus pandemic, a... Read more »

Time limit for customs valuation issuance should be fixed

KARACHI: Federal Board of Revenue (FBR) has been recommended to fix time limit for issuance of customs valuation. Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in its proposals for budget... Read more »

FPCCI says lowering interest rate by one percent not to help economy

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Friday said that the decision to lower interest rate by one percent will not help the country to boost especially considering... Read more »

FPCCI recommends audit exemption for commercial importers

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has recommended to allow immunity to commercial importers from audit. In its proposals for budget 2020/2021, the FPCCI said that under the... Read more »

FPCCI demands 400 basis points cut in policy rate

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Thursday demanded the central bank to cut the policy rate by 400 basis points to five percent. The State Bank... Read more »