February 4, 2023

Pkrevenue.com

Pakistan Revenue

Tag: OICCI

Pakistan’s business confidence turns negative: survey
Dec 7
Top stories, Trade & Industry

Pakistan’s business confidence turns negative: survey

KARACHI: Pakistan’s business confidence turned negative owing to highly challenging political and economic situation, according to a survey conducted by Overseas Investors Chamber of Commerce and Industry (OICCI). OICCI, is representative of foreign and multinational companies in Pakistan, announced the results of its comprehensive Business Confidence Index (BCI) Survey – Wave 22, conducted throughout the […]

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Foreign investors demand harsh penalties for IPR violations in Pakistan
Oct 17
Trade & Industry

Foreign investors demand harsh penalties for IPR violations in Pakistan

KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI), has recommended substantial increase in penalties for Intellectual Property Rights (IPR) violations. The harsh demand is to attract Foreign Direct Investment (FDI) in high value research-based products and services in Pakistan. Sharing the results of OICCI IPR Survey 2022, conducted annually, the chamber has expressed […]

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Foreign investors discuss economic situation with SBP
Aug 3
Trade & Industry

Foreign investors discuss economic situation with SBP

KARACHI: Foreign investors operating in the country have discussed ongoing economic situation with the State Bank of Pakistan, a statement said on Tuesday. The members of Overseas Investment Chamber of Commerce and Industry (OICCI), the body representing foreign investors and multinational companies in Pakistan, met with Dr. Murtaza Syed, Acting Governor, State Bank of Pakistan […]

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FBR proposed to exempt withholding tax on telecom services
Apr 24
Budget 2022-2023, IT & Telecom, Top stories

FBR proposed to exempt withholding tax on telecom services

KARACHI: The Federal Board of Revenue (FBR) has been recommended to exempt withholding tax on telecom services to facilitate a large number of population of the country living below poverty line. Overseas Investors Chamber of Commerce and Industry (OICCI) in its proposals for budget 2022/2023 urged the FBR to rationalize withholding tax on telecom services. […]

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Zero rate tax demanded for pharmaceutical API imports
Apr 22
Budget 2022-2023

Zero rate tax demanded for pharmaceutical API imports

KARACHI: The Federal Board of Revenue (FBR) has been urged to zero rate sales tax on import of pharmaceutical API and simplification of sales tax refunds. The Overseas Investors Chamber of Commerce and Industry (OICCI) in proposals for budget 2022/2023, informed the tax authorities that the above sales tax amendment enforced through the Finance (Supplementary) […]

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OICCI recommends tax amendment for FMCG
Apr 22
Budget 2022-2023

OICCI recommends tax amendment for FMCG

KARACHI: Overseas Investors Chamber of Commerce and Industry (OICCI) has recommended amendments in tax laws related to taxpayers engaged in business of fast moving consumer goods (FMCG). The OICCI in its proposals for budget 2022/2023 presented to Federal Board of Revenue (FBR) recommended certain changes for taxpayers engaged in business of FMCG. READ MORE: FBR […]

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