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Tag: FPCCI

Federation of Pakistan Chambers

FPCCI Vehemently Rejects Mini Budget Plan

September 3, 2024September 3, 2024Shahnawaz Akhter

Karachi, September 3, 2024 — The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) issued a vehement denunciation on Tuesday against any potential plans to introduce a mini-budget aimed at generating additional tax revenue.

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Federation of Pakistan Chambers

FPCCI Demands Immediate Cut in Policy Rate to 15%

August 27, 2024August 27, 2024Shahnawaz Akhter

Karachi – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has called on the State Bank of Pakistan (SBP) to immediately reduce the key policy rate to 15%. This demand comes in response to what the FPCCI views as insufficient cuts in the policy rate over the last two monetary policy meetings.

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Federation of Pakistan Chambers

National Firewall Jeopardizes Pakistan’s IT Sector, FPCCI Warns

August 16, 2024August 16, 2024Shahnawaz Akhter

KARACHI, August 16, 2024 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has issued a grave warning regarding the implementation of the national firewall, stating that its adverse effects are poised to severely impact the country’s burgeoning IT industry.

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Federation of Pakistan Chambers

FPCCI Blasts Harsh Taxation and Soaring Power Tariffs

August 12, 2024August 12, 2024Shahnawaz Akhter

Karachi, August 12, 2024 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has launched a fierce critique against the country’s harsh taxation policies and soaring electricity tariffs, calling for urgent reforms to alleviate the financial strain on businesses and the national economy.

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Federation of Pakistan Chambers

President Zardari Seeks Viable Solution to IPPs Capacity Charges

August 2, 2024August 2, 2024Mrs. Anjum Shahnawaz

Islamabad, August 2, 2024 – President Asif Ali Zardari has urged for a collaborative and effective solution to address the rising energy costs in Pakistan. He proposed that the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) should form a committee to work with the President’s office in developing a viable strategy to manage […]

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pakistan customs

Pakistan Customs Vows Speedy Clearance for Businesses

July 8, 2024July 8, 2024Shahnawaz Akhter

Karachi, July 8, 2024 – Pakistan Customs pledged to expedite customs clearance procedures during a meeting with representatives from the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Monday.

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Federation of Pakistan Chambers

FPCCI Demands Immediate Cancellation of IPP Contracts

July 5, 2024July 5, 2024Shahnawaz Akhter

Karachi, July 5, 2024 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has called for the immediate cancellation of contracts with Independent Power Producers (IPPs).

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Federation of Pakistan Chambers

Budget 2024-25 to Derail Pakistan IT Industry: FPCCI

June 27, 2024June 27, 2024Faisal Shahnawaz

Karachi, June 27, 2024 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) expressed strong concerns on Thursday regarding the measures introduced in the Federal Budget 2024-25, warning that these could derail the country’s information technology (IT) industry.

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Federation of Pakistan Chambers

Anomaly Committee Calls for Review of New Exporters Tax Regime

June 21, 2024June 21, 2024Shahnawaz Akhter

Karachi, Pakistan – June 21, 2024 – Pakistan’s business community is calling for a reevaluation of a key provision in the recently unveiled Finance Bill 2024. The proposed change, a shift from a fixed tax regime for exporters to a regular tax system, has raised concerns and prompted a high-level meeting at the Federation of […]

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Federation of Pakistan Chambers

FPCCI Raises Concerns Over Ambitious Tax Targets

June 15, 2024June 15, 2024Shahnawaz Akhter

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI), the apex body representing business chambers across Pakistan, has presented its analysis of the recently unveiled federal budget for the fiscal year 2024-25.

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  • Pakistan abolishes 18% sales tax on shipping industry
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