Pakistan Revenue
KARACHI: Overseas Investors Chamber of Commerce and Industry (OICCI) has recommended the tax authorities to simplify issuance of exemption certificate in order to facilitate taxpayers. It its proposals for budget 2022/2023, the OICCI suggested the Federal Board of Revenue (FBR) to simplify the procedure of exemption certificate issuance. READ MORE: OICCI suggests revamping withholding tax […]
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KARACHI: Overseas Investors Chamber of Commerce and Industry (OICCI) has suggested the authorities to revamp withholding tax regime in order to facilitate compliant taxpayers. The OICCI in its proposals for budget 2022/2023 submitted to the Federal Board of Revenue (FBR) recommended revamping of withholding tax regime, which is one of the key irritants for compliant […]
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KARACHI: Federal Board of Revenue (FBR) has been proposed to reduce the general rate of minimum tax to 0.25 per cent. The Overseas Investor Chamber of Commerce and Industry (OICCI) in its proposals for budget 2022/2023 advised the FBR to review minimum tax regime (MTR) / abolish alternative corporate tax (ACT) under Section 113 and […]
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KARACHI: The Federal Board of Revenue (FBR) has been suggested to gradually reduce the corporate tax rate from existing 29 per cent to 25 per cent. Overseas Investors Chamber of Commerce and Industry (OICCI), a representative body of foreign investors operating in Pakistan, in its proposals for budget 2022/2023 proposed that the FBR should continue […]
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KARACHI: Tax rates are key element for any prospective investors, including foreign investors and key influencers in attracting foreign direct investment (FDI). Overseas Investors Chamber of Commerce and Industry (OICCI) in its proposals for budget 2022/2023 sent to Federal Board of Revenue (FBR) said that the tax environment and tax rates are key consideration for […]
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KARACHI: The foreign investors operating in Pakistan have spent around Rs14.5 billion on activities under Corporate Social Responsibilities (CSR) during the year 2020/2021, a statement said on Thursday. The foreign investors, who are members of the Overseas Investors Chamber of Commerce and Industry (OICCI), like previous years, once again reaffirmed their commitment to uplift the […]
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KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI), the collective voice of top foreign investors in Pakistan, Tuesday announced to organize ‘Pakistan Climate Conference 2022’ on March 16, 2022 to be held in Karachi. While announcing the date and unveiling the logo of the Conference, Ghias Khan, President OICCI, mentioned that Pakistan Climate […]
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KARACHI: The Overseas Investors’ Chamber of Commerce and Industry (OICCI) on Thursday organized Women Empowerment Awards 2021 to recognize the growing importance of women towards creating an enabling environment necessary to accelerate the economic growth in the country. OICCI initiated various research and has been holding annual competition among the members by recognizing those who […]
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KARACHI: Overseas Investors Chamber of Commerce and Industry (OICCI) has elected Ghais Khan as president for the term 2022. Ghias Khan is President & Chief Executive Officer, Engro Corporation Limited. The election of Ghais Khan announced at the 162nd Annual General Meeting of the OICCI held at the Chamber on Monday. Amir Rasool Paracha, Chairman […]
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KARACHI: A team of senior tax officials held a meeting with foreign investors on Tuesday in order to resolve their pending issues. The team of senior tax officials was headed by Shahid Iqbal Baloch, Chief Commissioner Inland Revenue (CCIR), Large Taxpayers Office (LTO) Karachi. Kazi Hifzur Rehman, Commissioner Inland Revenue, Audit Zone-III, LTO Karachi was […]
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