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Tag: Overseas Investors Chamber of Commerce and Industry

Overseas Chamber

Yousaf Hussain Elected OICCI President for 2024-2026 Term

September 30, 2024September 30, 2024Shahnawaz Akhter

Karachi, September 30, 2024 – Yousaf Hussain, President and CEO of Faysal Bank Ltd., has been elected as the new president of the Overseas Investors Chamber of Commerce and Industry (OICCI) for the 2024-2026 term.

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Overseas Chamber

OICCI and UNDP Join Forces for Sustainable Pakistan

August 8, 2024August 8, 2024Shahnawaz Akhter

Karachi, August 8, 2024 – In a pioneering collaboration, the Overseas Investors Chamber of Commerce & Industry (OICCI) and the United Nations Development Programme (UNDP) Pakistan have forged an alliance to promote a more sustainable and inclusive future for Pakistan.

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Overseas Chamber

OICCI Members Spend Rs 13 Billion for CSR Activities

July 2, 2024July 2, 2024Faisal Shahnawaz

Karachi, July 2, 2024 – The members of the Overseas Investors Chamber of Commerce and Industry (OICCI) have made a significant contribution to Corporate Social Responsibility (CSR) activities, spending an impressive Rs 13 billion in the fiscal year 2022-2023.

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Overseas Chamber

Business Confidence Improves But Still Negative: OICCI Survey

June 3, 2024June 3, 2024Faisal Shahnawaz

PkRevenue.com – Business confidence in Pakistan has seen a slight improvement, rising by 4 percent, though it remains in negative territory. This is according to the 25th Wave of the Business Confidence Index (BCI) survey conducted by the Overseas Investors Chamber of Commerce and Industry (OICCI). The survey was carried out across Pakistan during March-April […]

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FED on cigarettes

OICCI Advises Pakistan Avoid Further Increase in Cigarette Taxes

May 26, 2024May 26, 2024Shahnawaz Akhter

Karachi, May 26, 2024 – The Overseas Investors Chamber of Commerce and Industry (OICCI) has advised Pakistan to avoid further increases in taxes on cigarettes.

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Overseas Chamber

OICCI Recommends Withholding Tax Exemption for Milk

May 22, 2024May 22, 2024Shahnawaz Akhter

Karachi, May 22, 2024 – The Overseas Investors Chamber of Commerce and Industry (OICCI) has recommended exempting milk from withholding tax in its proposals for the 2024-25 budget.

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medicine

OICCI Urges Revival of Zero-Rated Regime for Pharma Industry

May 22, 2024May 22, 2024Shahnawaz Akhter

Karachi, May 22, 2024 – The Overseas Investors Chamber of Commerce and Industry (OICCI) has called for the restoration of the zero-rated regime for the pharmaceutical industry in its proposals for the upcoming budget 2024-25.

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Overseas Chamber

OICCI Demands Abolishing Advance Tax on Telecom Subscribers

May 18, 2024May 18, 2024Shahnawaz Akhter

Karachi, May 18, 2024 – The Overseas Investors Chamber of Commerce and Industry (OICCI) has proposed the abolition of advance tax on telecom subscribers in the upcoming budget for 2024-25.

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Overseas Chamber

OICCI Proposes Revamping Telecom Sector WHT Regime

May 15, 2024May 15, 2024Hamza Shahnawaz

The Overseas Investors Chamber of Commerce and Industry (OICCI) has put forward a comprehensive proposal aimed at revamping the withholding tax (WHT) regime for the telecom sector in Pakistan, as part of its recommendations for the upcoming budget 2024-25.

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Pakistan bans old cars

OICCI Advocates for Regulatory Duties on Used Car Imports

May 14, 2024May 14, 2024Faisal Shahnawaz

The Overseas Investors Chamber of Commerce and Industry (OICCI) has put forward a proposal urging the reinstatement of regulatory duty (RD) and additional customs duty (ADD) on the import of used cars.

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  • FBR waives late return surcharge for individuals filing special undertaking
  • Finance Act 2026 cracks down on fake tax credit claims with 100% penalty
  • SBP to share high-risk banking data with FBR
  • Finance Act, 2026 empowers FBR with direct access to high-value bank account data
  • FBR imposes additional 30% regulatory duty on commercial imports of used vehicles
  • FBR notifies revised regulatory duty rates for FY2026-27 imports
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