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Tag: PCDMA

petrol shortage

PCDMA warns fuel price hike threatens Pakistan’s economy

March 14, 2026March 14, 2026Faisal Shahnawaz

Karachi, March 14, 2026 – The Pakistan Chemicals & Dyes Merchants Association (PCDMA) has raised alarm over the recent Rs55 per litre increase in petroleum prices, warning that it is severely impacting businesses and slowing commercial activity across Pakistan.

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finance image

Industry rejects nominal policy rate cut, demands aggressive SBP action

December 15, 2025December 15, 2025Shahnawaz Akhter

Karachi, December 15, 2025 — Pakistan’s business and industrial community has strongly rejected the State Bank of Pakistan’s (SBP) decision to reduce the policy rate by only 50 basis points, calling the move inadequate and out of sync with economic realities.

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Karachi Electric

PCDMA criticizes K-Electric over extended power outages in Jodia Bazar

December 2, 2025December 2, 2025Shahnawaz Akhter

Karachi, December 2, 2025 – The Pakistan Chemicals & Dyes Merchants Association (PCDMA) has strongly condemned K-Electric for prolonged and repeated power outages in Jodia Bazar, Karachi’s largest wholesale market and a crucial hub of the country’s commercial activities.

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trade and idustries in world

PCDMA warns of industrial shutdown amid misuse of DPL rules

August 17, 2025August 17, 2025Shahnawaz Akhter

Karachi, August 17, 2025 – The Pakistan Chemicals & Dyes Merchants Association (PCDMA) has sounded the alarm over a regulatory dispute that it says could paralyze Pakistan’s industrial supply chain.

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Income Tax Return FBR

Merchants warn against abrupt e-invoicing move

August 2, 2025August 2, 2025Faisal Shahnawaz

KARACHI, August 2, 2025 – The Pakistan Chemicals & Dyes Merchants Association (PCDMA) has raised serious concerns over the Federal Board of Revenue’s (FBR) sudden decision to implement its new e-invoicing system from August 1, 2025.

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Port Qasim Activity

PCDMA warns of Rs25 billion loss from EFS abuse

July 1, 2025July 1, 2025Shahnawaz Akhter

Karachi, July 1, 2025 – The Pakistan Chemical and Dyes Merchants Association (PCDMA) has raised serious concerns over the rampant misuse of the Export Facilitation Scheme (EFS), claiming that fraudulent practices under the scheme have inflicted a staggering Rs25 billion loss on the national exchequer.

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Tax Return Filing

Confusion over stock declaration halts sales tax filing: PCDMA

June 4, 2025June 4, 2025Shahnawaz Akhter

Karachi, June 4, 2025 – The Pakistan Chemical and Dyes Merchants Association (PCDMA) has raised serious concerns about difficulties faced by traders in filing their sales tax returns, following a new requirement introduced by the Federal Board of Revenue (FBR).

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Port Qasim Activity

PCDMA sounds alarm over rampant EFS misuse

May 30, 2025May 30, 2025Shahnawaz Akhter

KARACHI, May 30, 2025 — The Pakistan Chemicals & Dyes Merchants Association (PCDMA) has voiced strong concern over the increasing misuse of the Export Facilitation Scheme (EFS), warning that unchecked exploitation of the policy could devastate small and medium enterprises (SMEs) and severely impact government revenues.

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Tax Budget

PCDMA rejects Tax Laws (Amendment) Ordinance 2025

May 5, 2025May 5, 2025Shahnawaz Akhter

KARACHI, May 5, 2025 – The Pakistan Chemicals & Dyes Merchants Association (PCDMA) has strongly opposed the recently promulgated Income Tax Laws (Amendment) Ordinance 2025, calling it a draconian measure that threatens to cripple business confidence and economic stability.

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FBR launches IRIS 2.0

PCDMA flags technical glitches in sales tax return filing

April 25, 2025April 25, 2025Shahnawaz Akhter

KARACHI, April 25, 2025 – The Pakistan Chemicals & Dyes Merchants Association (PCDMA) has raised serious alarms over the growing complications surrounding the filing of sales tax returns, citing newly introduced formats and technical glitches as major hurdles for taxpayers.

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