Karachi, July 24, 2023 – Foreign investors have expressed their appreciation for Pakistan’s successful efforts in securing a $3 billion IMF loan under the Stand By Agreement (SBA).
(more…)Tag: OICCI
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Budget 2023-24 lacks measures to stabilize economy: OICCI
KARACHI: The recently announced budget for the fiscal year 2023-24 in Pakistan has drawn criticism from the Overseas Investors Chamber of Commerce and Industry (OICCI) for its lack of measures to stabilize the country’s economy.
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Foreign Investors Warn Pakistan of Negative Impact on Formal Sector with New Taxes
Islamabad: Foreign investors have advised Pakistan to refrain from introducing new taxes in the forthcoming budget for 2023-24, expressing concerns over the potential negative impact on the country’s formal business sector.
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Overseas investors urge Pakistan to crack down on illicit trade, raid retailers
The Overseas Investors Chamber of Commerce and Industry (OICCI) has called upon Pakistan to take decisive action against retailers and manufacturers involved in illicit trade.
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OICCI recommends demonetization of Rs5,000 banknote to curb cash dealings
The Overseas Investors Chamber of Commerce and Industry (OICCI) has put forth a recommendation to the government, urging the demonetization of the Rs5,000 banknote as a measure to curb cash dealings in the country.
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OICCI proposes harsh penalties for selling cigarettes below MLP
In anticipation of the upcoming federal budget, foreign investors operating in Pakistan, through the Overseas Investors Chambers of Commerce and Industry (OICCI), have submitted specific proposals pertaining to the tobacco industry to the Federal Board of Revenue (FBR).
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Foreign investors urge Pakistan to simplify withholding tax regime
Foreign investors in Pakistan are urging for a simplified withholding tax regime in the upcoming budget for 2023-2024.
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OICCI proposes increase in salaried tax exempt income threshold
The Overseas Investors Chamber of Commerce and Industry (OICCI) has submitted its proposals for the upcoming budget 2023-2024 to the Federal Board of Revenue (FBR).
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J.P. Morgan sponsored delegation visits OICCI
A group of investors sponsored by J.P. Morgan visited the Overseas Investors Chamber of Commerce and Industry (OICCI) on May 03, 2023 to gather insights on the investment and business conditions prevailing in Pakistan.
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Foreign investors discuss dividend repatriation with SBP governor
State Bank Pakistan (SBP) Governor, Jameel Ahmed, has met with foreign investors to discuss the ongoing exchange rate crisis and dividend and profit repatriation issues, according to a statement issued on Saturday.
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