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).
(more…)Tag: OICCI
-
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.
(more…) -
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).
(more…) -
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.
(more…) -
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.
(more…) -
Restrictions in Pakistan cause 82% plunge in profit, dividend repatriation by MNCs
The repatriation of profit and dividends by multinational companies (MNCs) operating in Pakistan has witnessed a significant decline due to restrictions imposed by the country.
(more…) -
Foreign investors urge Pakistan to adopt cryptocurrencies
Foreign investors are urging Pakistan to adopt cryptocurrencies and develop a national strategy to promote their use, according to a report released on April 27, 2023 by the Overseas Investors Chamber of Commerce and Industry (OICCI).
(more…) -
OICCI expresses concerns over threats to business continuity in Pakistan’s economy
Overseas Investors’ Chamber of Commerce and Industry (OICCI) has expressed concern about the threat to business continuity in Pakistan.
(more…) -
Foreign investors suggest demonetization of Rs5,000 banknote in Pakistan
Foreign investors have suggested the authorities in Pakistan to demonetize Rs5,000 banknote in order to promote cashless economy.
(more…) -
Women’s Day celebrated with theme of embracing for equity
KARACHI: The Overseas Chamber of Commerce & Industry (OICCI), partnered with Unilever Pakistan and Circle, marked International Women’s Day with an event to celebrate the opportunities and challenges of enabling equity within the workplace.
(more…)