KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has strongly criticized the Federal Board of Revenue (FBR) for what it perceives as discriminatory treatment in the application of Section 7E concerning property sales.
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Karachi Chamber Urges Immediate Rollback of Petroleum Price and Power Tariff Hikes
KARACHI, August 16, 2023 – The Karachi Chamber of Commerce & Industry (KCCI) has called on the government to swiftly retract the recent increases in petroleum prices and power tariffs.
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FBR Chairman Constitutes Committee to Address Tax Issues Faced by Karachi Business Community
Karachi, August 4, 2023 – In an effort to expedite the resolution of tax matters affecting the business community in Karachi, the Chairman of the Federal Board of Revenue (FBR), Amjad Zubair Tiwana, announced the formation of a high-powered committee.
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Karachi Prepares for 18-Member Malaysian Trade Delegation to Boost Trade Ties
Karachi, August 4, 2023 – The Consul General of Malaysia, Herman Hardynata Bin Ahmad, has announced that an 18-member Malaysian trade delegation is set to arrive in Karachi next week to explore opportunities for enhancing trade ties with their counterparts in the city.
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KCCI Protests Banks’ Refusal in LC Opening, Urges Government Intervention
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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Korea to Establish IT Center in Karachi, Aims to Boost IT Sector and Bilateral Trade
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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KCCI Welcomes Government’s Web Platform for Spot Trading of Currency
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 Chamber Expresses Dismay Over Gas Suspension to Industry
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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KCCI Rejects Approval Allowing FCA Hike to K-Electric
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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USAID Seeks Karachi Chamber’s Assistance to Attract FDI
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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