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Tag: Korangi Association of Trade and Industry

KATI

KATI Sounds Alarm: Fixed Tax Abolition Threatens Export Industry

June 24, 2024June 24, 2024Shahnawaz Akhter

Karachi, June 24, 2024 – The Korangi Association of Trade and Industry (KATI) has issued a stern warning to the authorities, asserting that the proposed abolishment of the Fixed Tax Regime for exports will devastate the industry.

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KATI

KATI Levels Scathing Critique 2024-25 Budget

June 14, 2024June 14, 2024Faisal Shahnawaz

The Korangi Association of Trade and Industry (KATI) has launched a scathing attack on the recently unveiled budget 2024-25, accusing the government of a blatant disregard for the nation’s industrial sector.

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KATI

Sindh Minister Forms Committee to Resolve KATI Problems

May 25, 2024May 25, 2024Shahnawaz Akhter

KARACHI: In a bid to address the longstanding issues faced by the Korangi Association of Trade and Industry (KATI), Sindh Minister of Local Government, Housing Town Planning, and Public Health Engineering, Saeed Ghani, has announced the formation of a dedicated committee comprising municipal officers.

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KATI

Sindh Governor Admits Karachi’s Loss of Economic Hub Status

May 16, 2024May 16, 2024Faisal Shahnawaz

KARACHI: Governor Sindh, Kamran Khan Tessori, made a candid admission on Thursday, declaring that Karachi has relinquished its position as Pakistan’s economic epicenter.

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KATI

KATI Urges Immediate Rate Cut as Inflation Declines Sharply

May 13, 2024May 13, 2024Faisal Shahnawaz

Karachi, May 13, 2024 – The Korangi Association of Trade and Industry (KATI) has called for an immediate reduction in the benchmark policy rate following a significant decline in weekly inflation, as reported by the Bureau of Statistics.

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KATI

KATI Demands Inclusion of Agriculture in Tax Net

April 26, 2024April 26, 2024Faisal Shahnawaz

Karachi, April 26, 2024 – The Korangi Association of Trade and Industry (KATI) has made a strong appeal for the inclusion of agricultural income in the national tax framework in the upcoming 2024-25 budget announcement.

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KATI

Industry Voices Outrage Over Sharp Surge in Petrol Prices

April 1, 2024April 1, 2024Hamza Shahnawaz

Karachi, April 1, 2024 – The recent surge in petrol prices has sparked outrage within the industry, with stakeholders warning of dire consequences for the economy and the general populace. Amidst mounting concerns over inflation and economic hardships, industry leaders are calling for immediate action to address the burgeoning crisis. The Korangi Association of Trade […]

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KATI

Industry Urges Abolishment of Section 8B of Sales Tax Act

March 27, 2024March 27, 2024Faisal Shahnawaz

Karachi: The industrial sector in Pakistan has called upon authorities to take decisive action in abolishing Section 8B of the Sales Tax Act, 1990, asserting that such a move is crucial for fostering industrial growth in the country.

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KATI

KATI Opposes Gas Tariff Increase, Advocates for Industrial Relief

March 19, 2024March 19, 2024Shahnawaz Akhter

KARACHI: The Korangi Association of Trade and Industry (KATI) has strongly denounced the proposed increase in gas tariffs for industrial consumers, calling for urgent relief measures to alleviate the burdens faced by manufacturers.

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KATI

Industrialists Unite Against Misuse of Cheque Bounce Law

March 12, 2024March 12, 2024Shahnawaz Akhter

Karachi, March 12, 2024 – Prominent industrialists and business leaders in Karachi have come together to condemn the alleged misuse of the cheque bounce law by authorities, expressing concern over a new wave of fraud targeting industrialists and businessmen.

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