Karachi: The business, industrial, and trade community of Pakistan has expressed strong dissatisfaction with the State Bank of Pakistan’s (SBP) decision to keep the policy rate unchanged during its recent Monetary Policy Committee (MPC) meeting.
(more…)Tag: FPCCI
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FPCCI Urges Massive Rate Cut Amid Record Low Inflation
Karachi, March 5, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has strongly called for a substantial reduction of 500 basis points in the benchmark policy rate, citing the lowest inflation levels recorded in nearly a decade.
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FPCCI Proposes Abolishing Withholding Tax on Sales to Retailers
Karachi, March 2, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has proposed the removal of withholding tax on sales to retailers, arguing that the measure will facilitate business growth and ease the tax burden on traders.
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FPCCI Submits Key Sales Tax Proposals for Budget 2025-26
Karachi, February 26, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has formally presented key sales tax proposals for the upcoming Budget 2025-26.
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FPCCI Proposes Advance Tax Removal on First Property Purchase
Karachi, February 24, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has put forward a proposal urging the government to eliminate the advance tax levied on the first purchase of property.
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FPCCI Recommends Significant Reduction in Customs Duties
Karachi, February 24, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has strongly advocated for a substantial reduction in customs duties in the upcoming budget 2025-26.
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FPCCI Applauds Separation of Tax Policy from FBR
Karachi, February 17, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has warmly welcomed the government’s decision to separate tax policy from the Federal Board of Revenue (FBR). This reform is seen as a critical step toward enhancing transparency, improving efficiency, and fostering economic growth.
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FPCCI supports proposed tax package for property sector
Karachi, February 3, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has extended its full support to the proposed tax package for the property sector, emphasizing its potential to stimulate housing and construction activities across the country.
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FPCCI Criticizes Limited SBP Rate Cut
Karachi, January 27, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed its surprise and disappointment over the State Bank of Pakistan’s (SBP) decision to reduce the policy rate by just 100 basis points, despite the marked improvement in key economic indicators.
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FPCCI Expresses Concerns on Alarming Drop in Cotton Production
Karachi, January 18, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has raised serious concerns over the drastic decline in cotton production, warning of its potential impact on the economy, especially the country’s textile exports.
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