Foreign Investors Demand Elimination of Super Tax
Karachi, May 12, 2024 – Foreign investors operating in Pakistan have issued a fervent plea to authorities to eliminate the super tax as part of the budget for the fiscal year 2024-25.
Karachi, May 12, 2024 – Foreign investors operating in Pakistan have issued a fervent plea to authorities to eliminate the super tax as part of the budget for the fiscal year 2024-25.
The Overseas Investors Chamber of Commerce and Industry (OICCI) has called upon the Federal Board of Revenue (FBR) to adopt a groundbreaking approach by linking the collection of withholding tax (WHT) with property tax revenues gathered by provincial authorities.
Karachi, May 12, 2024 – The Overseas Investors Chamber of Commerce and Industry (OICCI) has put forth an innovative approach to tackle the challenge of tax registration within the highly undocumented retail sector.
Islamabad, May 11, 2024: In a bold move aimed at curbing cash transactions and enhancing tax compliance, foreign investors operating in Pakistan have proposed the government to demonetize the Rs 5,000 banknote.
Karachi, April 29, 2024 – Pakistan economy suffered a substantial loss of approximately Rs 800 billion last year due to violations of intellectual property rights (IPR), according to a recent survey conducted by the Overseas Investors Chamber of Commerce and Industry (OICCI).
Foreign investors actively engaged in Pakistan have recently presented their proposals for the upcoming 2024-25 budget to the government, aiming to address critical fiscal deficits and enhance the investment climate in the country.
Karachi, January 29, 2024 – Ambassador of Austria to Pakistan and Afghanistan, Andrea Wicke, delved into investment prospects in Pakistan during a meeting held on Monday.
Karachi, November 28, 2023 – The business confidence index of foreign investors in Pakistan continues to register negativity, according to a survey released on Tuesday.
Islamabad – Foreign investors of Overseas Investors Chamber of Commerce and Industry (OICCI) operating in Pakistan have brought to the forefront critical issues regarding the energy sector in the country.
Karachi, November 1, 2022 – Pakistan Finance Minister, Dr. Shamshad Akhtar, has emphasized the need for a substantial investment of approximately $340 billion to address the country’s climate challenges.