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Tag: FPCCI

LTO Karachi

LTO Karachi promises swift action on FPCCI tax woes

July 7, 2025July 7, 2025Shahnawaz Akhter

Karachi, July 7, 2025 – The Large Taxpayers Office (LTO) Karachi has assured the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) of its full cooperation in resolving the pressing tax and technical issues raised by the business community, particularly those arising from the newly introduced provisions of the Federal Budget 2025–26.

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Federation of Pakistan Chambers

FPCCI explodes over taxmen’s shocking powers in FY26 budget

June 20, 2025June 20, 2025Shahnawaz Akhter

KARACHI, June 19, 2025 – In a scathing rebuke, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has rejected what it calls “draconian” powers granted to tax authorities under the Federal Budget 2025-26.

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Federation of Pakistan Chambers

FPCCI warns against granting taxmen discretionary powers

June 12, 2025June 12, 2025Shahnawaz Akhter

Karachi, June 12, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has voiced serious concerns over the extensive powers granted to tax officials under the Finance Bill 2025.

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Federation of Pakistan Chambers

FPCCI welcomes budget 2025-26, calls for further reforms

June 11, 2025June 11, 2025Shahnawaz Akhter

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has offered a cautiously optimistic response to the federal budget 2025-26, praising several key measures while urging the government to address overlooked areas in the coming months.

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budget proposals

FPCCI calls for abolition of Section 7E to prevent capital flight

June 9, 2025June 9, 2025Shahnawaz Akhter

Karachi, June 9, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has made a strong appeal to the government to abolish Section 7E of the Income Tax Ordinance, 2001 in the upcoming federal budget for 2025–26.

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Federation of Pakistan Chambers

FPCCI urges elimination of further tax in FY26 budget

June 9, 2025June 9, 2025Shahnawaz Akhter

Karachi, June 9, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has made a strong appeal to the government to abolish the “further tax” imposed under the Sales Tax Act in the upcoming federal budget for 2025–26.

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Federation of Pakistan Chambers

FPCCI secures assurance for review of controversial tax laws

May 23, 2025May 23, 2025Shahnawaz Akhter

Karachi, May 23, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has secured a significant breakthrough, as top government officials have assured a review of the much-contested Tax Laws (Amendment) Ordinance 2025 following strong opposition from the business community.

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Federation of Pakistan Chambers

FPCCI explodes over tax ordinance, demands power reversal

May 20, 2025May 20, 2025Shahnawaz Akhter

Karachi, May 20, 2025 — The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has come out forcefully against the Tax Laws (Amendment) Ordinance, 2025, condemning the federal government’s decision to grant sweeping powers to tax officials to freeze bank accounts and withdraw funds without due process.

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Federation of Pakistan Chambers

FPCCI rejects Tax Laws (Amendment) Ordinance, 2025

May 18, 2025May 18, 2025Shahnawaz Akhter

Karachi, May 18, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has categorically rejected the recently issued Tax Laws (Amendment) Ordinance, 2025, calling it a major setback for the economy and a threat to investor confidence.

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Federation of Pakistan Chambers

FPCCI warns of profound impact of US tariffs on Pakistan’s exports

April 28, 2025April 28, 2025Mrs. Anjum Shahnawaz

Karachi, April 28, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed serious concern over the United States’ recent decision to impose a 29% tariff on Pakistani products, warning of a profound impact on the country’s export sector.

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  • Pakistan abolishes 18% sales tax on shipping industry
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  • Pakistan Gold Prices Extend Rally as Bullion Gains Rs11,620 in Two Days
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