KARACHI: In a strong display of solidarity, the Karachi Chamber of Commerce and Industry (KCCI) and the Rawalpindi Chamber of Commerce and Industry (RCCI) have jointly voiced firm opposition to the Tax Ordinance (Amendment) 2025, calling it detrimental to business growth and investor confidence in Pakistan.
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KCCI slams modest 1% policy rate cut as inadequate
Karachi, May 5, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has voiced strong dissatisfaction over the State Bank of Pakistan’s (SBP) decision to cut the benchmark policy rate by a mere 1%, reducing it from 12% to 11%.
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KCCI rejects new tax ordinance, urges immediate withdrawal
Karachi, May 4, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has strongly denounced the recently promulgated Tax Laws (Amendment) Ordinance, 2025, calling it undemocratic and detrimental to business confidence.
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KCCI urges removal of regulatory duty on polyester yarn
Karachi, May 2, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has strongly recommended the removal of the 5% regulatory duty on polyester yarn in its official tax proposals for the upcoming federal budget 2025–26.
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KCCI pushes budget relief to curb auto parts smuggling
Karachi, May 1, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has strongly criticized the existing high tariffs on the import of auto parts, asserting that these excessive duties are directly contributing to the widespread smuggling of motorcycle and automobile components across Pakistan.
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KCCI proposes action plan to curb under-invoicing in plastic imports
Karachi, May 1, 2025 — The Karachi Chamber of Commerce and Industry (KCCI) has submitted comprehensive recommendations to the government for the upcoming Budget 2025–26, addressing the growing issue of under-invoicing and misdeclaration on imported plastic, especially polyethylene and polypropylene products.
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KCCI calls for tax relief for yarn traders in budget 2025-26
Karachi, April 27, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has urged the government to introduce tax relief measures for yarn traders in the upcoming federal budget 2025-26, aiming to boost compliance and support growth within the sector.
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Pakistan Customs, KCCI strengthen collaboration to boost exports
KARACHI: In a concerted effort to invigorate Pakistan’s export sector, the Chief Collector of Pakistan Customs (Export), Mohammad Sadiq, reiterated the unwavering commitment of the Customs authorities to bolster trade operations through close collaboration with the Karachi Chamber of Commerce and Industry (KCCI).
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KCCI seeks tax credit revival to stimulate industrial investment
Karachi, April 25, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has strongly urged the Federal Board of Revenue (FBR) to reinstate the previously available tax credit under Section 65B of the Income Tax Ordinance, 2001, in a bid to encourage industrial investment and economic growth.
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KCCI urges redefinition of withholding agent to ease tax burden
Karachi, April 23, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has recommended a critical reform in the country’s tax structure by suggesting changes to the existing definition of a withholding agent.
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