KATI Archives - Page 2 of 8

KATI welcomes agricultural income tax bill approval in Sindh

February 4, 2025February 4, 2025Shahnawaz Akhter

Karachi, February 4, 2025 – The Korangi Association of Trade and Industry (KATI) has expressed strong support for the Sindh government’s approval of the Agricultural Income Tax (AIT) Bill, calling it a major step toward expanding the province’s tax base and fostering a more equitable tax distribution system.

KATI Advocates Cut in Withholding Tax on Property Transactions

January 22, 2025January 22, 2025Shahnawaz Akhter

Karachi, January 22, 2025 – The Korangi Association of Trade and Industry (KATI) has strongly advocated for a reduction in withholding tax on property transactions to revitalize Pakistan’s struggling construction and housing sector.

KATI Advocates for a 5% Reduction in Interest Rates

December 13, 2024December 13, 2024Shahnawaz Akhter

Karachi, December 13, 2024 – The Korangi Association of Trade and Industry (KATI) has called on the State Bank of Pakistan (SBP) to implement a substantial cut of 500 basis points, or 5%, in the policy rate.

KATI Urges FBR to Resolve Persistent IRIS System Issues

October 1, 2024October 1, 2024Shahnawaz Akhter

Karachi, October 1, 2024 – The Korangi Association of Trade and Industry (KATI) has called on the Federal Board of Revenue (FBR) to urgently address ongoing issues with its online tax return filing platform, IRIS.

KATI Demands Urgent Cut in Interest Rates

September 6, 2024September 6, 2024Shahnawaz Akhter

Karachi, September 6, 2024 – The Korangi Association of Trade and Industry (KATI) on Friday issued an urgent call for a reduction in interest rates, citing the recent drop in inflation. KATI President Johar Qandhari emphasized the need for a 4% cut in interest rates to align with the current inflation rate, which stands at […]

KATI Joins Forces with Traders in National Shutdown Protest

August 27, 2024August 27, 2024Shahnawaz Akhter

Karachi, August 27, 2024 – The Korangi Association of Trade and Industry (KATI) announced on Tuesday its support for the nationwide shutter down strike called by traders across Pakistan.

KATI Lambasts Proposals of Further Hike in Electricity Tariff

August 17, 2024August 17, 2024Shahnawaz Akhter

Karachi, August 17, 2024 – The Korangi Association of Trade and Industry (KATI) on Saturday strongly criticized the proposal for a further hike in electricity tariffs at a time when businesses are already struggling under the weight of inflated electricity bills.

FTO Announces Setting Up Help Desk at KATI

August 7, 2024August 7, 2024Shahnawaz Akhter

Karachi, August 7, 2024 – Federal Tax Ombudsman (FTO) Dr. Asif Mahmood Jah has announced the establishment of a help desk at the Korangi Association of Trade and Industry (KATI) to address the tax issues faced by industrialists.

KATI Warns of Challenges in Achieving $60 Billion Export Target

July 24, 2024July 24, 2024Shahnawaz Akhter

Karachi, July 24, 2024 – The Korangi Association of Trade and Industry (KATI) has raised significant concerns over the government’s ambitious target of achieving $60 billion in exports within the next three years. In a recent statement, KATI President Qandhari highlighted the substantial challenges posed by high production costs and heavy taxation on the export […]

End the IPP Drain! KATI Demands Fair Electricity Market

July 20, 2024July 20, 2024Faisal Shahnawaz

Karachi, July 20, 2024 – Pakistan’s industrial sector is calling for a shake-up, with the Korangi Association of Trade and Industry (KATI) urging a dramatic shift in the country’s energy policy.

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