Pakistan Revenue
Karachi, July 24, 2023 – The Karachi Chamber of Commerce and Industry (KCCI) voiced strong discontent on Monday over the persistent refusal of commercial banks to open letters of credit (LCs), hindering import payment processes and causing mounting concerns among traders and industrialists.
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Karachi, July 21, 2023 – The Consul General of the Republic of Korea, Yi Sungho, revealed that the Korean Government is making preparations to set up an IT Center in Karachi, near the Airport.
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Karachi, July 20, 2023 – In an official statement released on Thursday, the Karachi Chamber of Commerce & Industry (KCCI) expressed its appreciation to Federal Minister for Finance & Revenue Senator Muhammad Ishaq Dar and Governor State Bank of Pakistan (SBP) Jameel Ahmed for approving the budget proposal of KCCI for FY2023-24.
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Karachi, July 13, 2023 – The Karachi Chamber of Commerce & Industry (KCCI) has expressed dismay over the suspension of gas supply to industries in Karachi, calling on Prime Minister Shehbaz Sharif and Minister of State for Energy Musadik Malik to address the issue.
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Karachi, July 5, 2023 – The Karachi Chamber of Commerce and Industry (KCCI) Wednesday recently rejected the approval to allow K-Electric, the sole electricity provider in Karachi, to increase the Fuel Cost Adjustment (FCA).
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A team from the United States Agency for International Development (USAID) met with the Karachi Chamber of Commerce and Industry (KCCI) on Thursday to discuss the Pakistan Investment Pipeline Program.
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Karachi, June 20, 2023: Amidst economic instability, foreign exchange crisis, and declining exports, the Karachi Chamber of Commerce and Industry (KCCI) has called on the government to reinstate the zero-rating facility to support the survival of five export sectors during liquidity crunch periods.
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Karachi, June 7, 2023 – Shopkeepers in Karachi have reported a significant decline in customer numbers due to the alarming levels of inflation.
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The delegation of Karachi Chamber of Commerce and Industry (KCCI) met Finance Minister Ishaq Dar to business support. The Finance Minister reassured that the government is committed to supporting the business and industrial sector to ensure economic growth and stability in the country.
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Karachi Chamber of Commerce and Industry (KCCI) has taken a stand against the retrospective implementation of the Capital Value Tax (CVT) on the transfer of motor vehicles. President of KCCI, Mohammed Tariq Yousuf, has assured members of the Automotive Traders & Importers Association (ATIA) that the issue will be raised and addressed.
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