Karachi Chamber welcomes restricting FBR officers for freezing taxpayers’ bank accounts

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has warmly welcomed the first order issued by the newly appointed Chairman Federal Board of Revenue (FBR) Shabbar Zaidi immediately after assuming charge in... Read more »

FBR asked not to send notices for turnover tax

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has urged Federal Board of Revenue (FBR) to issue necessary instructions to all RTOs to refrain from sending notices for demanding the unjust annual... Read more »

KCCI hopes new finance adviser to take steps minimizing taxpayers’ grievances

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) on Monday felicitated Dr. Hafeez Shaikh on his appointment as adviser to prime minister on finance, revenue and economic affairs. Read more »

Freezing bank account, raid only on discovery of evasion: KCCI

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has recommended that harsh measures of freezing bank account and raid should only be undertaken on discovery of massive tax evasion. Read more »

Commerce ministry help sought as South Africa imposes anti-dumping duty on Pakistani cement

KARACHI: Chairman Pakistan-South Africa Business Forum (PSABF) Mohammad Rafiq Memon has said that Pakistan’s cement exports to South Africa have suffered terribly during the last couple of years because of the anti-dumping... Read more »

IMF assistance only option for economy: Shaikh Rasheed

KARACHI: Sheikh Rasheed Ahmed, Federal Minister for Railways on Saturday said the economy is facing immense difficulties. Read more »

Ministry assures softening labeling conditions on imported consignments till June 30

KARACHI: The government has agreed to soften labeling conditions till end of June 2019 in order to facilitate consignments stuck up at ports, industry sources said on Wednesday. Read more »

Eatery owners knowingly ignore hygiene requirements: Sindh Food Authority

KARACHI: Eatery owners are well aware about their shortcomings yet they ignore hygiene requirements and compromise with public health, Abrar Ahmed Sheikh, Director Operations, Sindh Food Authority (SFA) said on Tuesday. Read more »

Printing details, ingredients on imported goods: KCCI demands reviewing notification implementation date

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has demanded the commerce ministry to review the date of implementation of a notification regarding printing of details and ingredients on the imported goods.... Read more »

FBR improving capacity to take action against tax evaders: Chairman

KARACHI: Federal Board of Revenue (FBR) is increasing its capacity to handle large size data of tax evaders, FBR chairman said in a meeting with members of Karachi Chambers of Commerce and... Read more »

Business community welcomes govt. resolve for eradicating corrupt FBR elements

KARACHI: The business community has welcomed firm resolve of the government for eradicating corrupt elements from Federal Board of Revenue (FBR) to boost trust level on tax collecting agency. Read more »

Prime Minister invites suggestions on new tax amnesty scheme: KCCI

KARACHI: Prime Minister Imran Khan has asked business community to give their suggestions for a new tax amnesty scheme, said Junaid Makda, President, Karachi Chamber of Commerce and Industry (KCCI) on Monday. Read more »