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Tag: FPCCI

Federation of Pakistan Chambers

FPCCI criticizes SBP for maintaining “anti-growth” policy rate at 11%

October 27, 2025October 27, 2025Faisal Shahnawaz

Karachi, October 27, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has strongly condemned the State Bank of Pakistan’s (SBP) decision to maintain the policy rate at 11 percent, calling it an “anti-growth and counterproductive” move that threatens business confidence and economic revival.

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Federation of Pakistan Chambers

FPCCI seeks relief in 2025 return deadline to Oct 31

October 13, 2025October 13, 2025Shahnawaz Akhter

Karachi, October 13, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has called upon the Federal Board of Revenue (FBR) to extend the income tax return filing deadline for Tax Year 2025 to October 31, 2025, in order to ease the growing difficulties faced by taxpayers and businesses.

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Federation of Pakistan Chambers

FPCCI lambasts SBP for unchanged policy rate

September 15, 2025September 15, 2025Faisal Shahnawaz

Karachi, September 15, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has voiced strong disappointment over the State Bank of Pakistan’s (SBP) decision to keep the policy interest rate unchanged at 11%.

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Port Qasim Activity

Khurram Ijaz Demands Sindh Use Cess for Karachi

September 5, 2025September 5, 2025Shahnawaz Akhter

Karachi, September 5, 2025 – Khurram Ijaz, former Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and Secretary General of the ruling Businessmen Panel, has strongly demanded that the Sindh Government allocate Infrastructure Cess revenues for the rehabilitation of Karachi’s collapsing infrastructure.

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Federation of Pakistan Chambers

FPCCI extends support to faceless customs assessment system

September 4, 2025September 4, 2025Shahnawaz Akhter

Karachi, September 4, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Thursday reaffirmed its strong backing for the implementation of the Faceless Customs Assessment (FCA) system.

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Federation of Pakistan Chambers

FPCCI urges government to restore SRO 760 without delay

August 27, 2025August 27, 2025Shahnawaz Akhter

Karachi, August 27, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has made an urgent appeal to the federal government for the immediate restoration of SRO 760, warning that prolonged suspension could severely damage Pakistan’s gold jewelry export sector.

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Federation of Pakistan Chambers

FPCCI demands revocation of retrospective gas billing

August 11, 2025May 7, 2026Shahnawaz Akhter

Karachi, August 11, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has called on the federal government to immediately withdraw retrospective gas billings imposed on industrial and commercial consumers.

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Federation of Pakistan Chambers

FPCCI welcomes reversal of harsh tax measures

August 8, 2025August 8, 2025Shahnawaz Akhter

Karachi, August 8, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has warmly welcomed the government’s decision to roll back several controversial tax provisions introduced in the federal budget for the fiscal year 2025–26.

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Federation of Pakistan Chambers

Sindh links cess relief to court case withdrawals

August 6, 2025August 6, 2025Shahnawaz Akhter

Karachi, August 6, 2025 – The Sindh government has extended a conditional proposal to the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) to reduce the infrastructure development cess to 1%, provided all pending court cases against the cess are collectively withdrawn by the business community and corporate sector.

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Federation of Pakistan Chambers

FPCCI, government resolve tax dispute; no strike on July 19

July 19, 2025July 19, 2025Shahnawaz Akhter

Karachi, July 19, 2025 – In a major development, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Friday declared that there will be no strike on July 19, following fruitful negotiations with the federal government over the controversial tax clauses introduced in the Finance Act, 2025.

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  • Pakistan abolishes 18% sales tax on shipping industry
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