Islamabad, April 2, 2026 – Pakistan has reported a 5.57% decline in imports during March 2026, reflecting the early economic impact of escalating regional tensions following the Iran war. The conflict, triggered after the United States and Israel launched strikes on Iran on February 28, has disrupted global logistics and slowed foreign trade across the region.
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Deadline for trade bodies’ license renewal extended to January 12
Islamabad, January 8, 2026 – The Director General Trade Organizations (DGTO), Bilal Khan Pasha, has set January 12, 2026, as the final deadline for all trade bodies across Pakistan to submit mandatory documentation for the renewal of their licenses, including audited financial statements for the year 2025.
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Industry revival committee suggests corporate tax rate at 26%
Islamabad, August 7, 2025 – In a significant development aimed at reviving Pakistan’s industrial sector, the industry revival committee has proposed a phased reduction in the corporate income tax rate—from the current 29% to 26%—over the next three years.
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Budget 2024-25 Will Promote Smuggling: Gohar Tells CEEJ
Karachi, June 24, 2024 – Muhammad Hanif Gohar, Former Senior Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and General Secretary of the United Business Group (UBG) Sindh Zone, voiced strong criticism of the 2024-25 federal budget, warning that it would exacerbate smuggling activities rather than bolster the formal economy.
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Business Community Rejects Public Holiday on Youm-e-Takbeer
PkRevenue.com – The business community has voiced strong opposition to the public holiday announced by Prime Minister Shehbaz Sharif on the occasion of Youm-e-Takbeer.
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Furniture Council Calls for Interest-Free Loans to Boost Industry
In a bid to catalyze growth and innovation within the furniture manufacturing sector, the Pakistan Furniture Council (PFC) Chief Executive Officer, Mian Kashif Ashfaq, has urged the government to provide interest-free loans to furniture manufacturers for a period of five years.
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LCCI Offers Insights on Tax Scheme for Traders and Shopkeepers
The Lahore Chamber of Commerce and Industry (LCCI) has shared its observations on the new tax scheme introduced by the government for traders and shopkeepers.
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Illicit Trade: An Obstacle to Improving Human Development in Pakistan
According to the international research institute Ipsos, Pakistan’s pace of socio-economic development can be significantly enhanced by reducing the loss to the national exchequer through the curbing of illicit trade.
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Industry Faces Looming Challenges of Survival and Sustainability, Says Tahir Javaid
Lahore, October 16, 2023 – Malik Tahir Javaid, President of the Employers’ Federation of Pakistan (EFP), has sounded a warning about the pressing economic crises that are taking a severe toll on Pakistan’s industry.
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Pakistan’s Imports from China Plummet 44% in FY23
Karachi, July 21, 2023 – Pakistan has experienced a substantial 44% decline in imports from China during the fiscal year 2022-23, according to data released by the State Bank of Pakistan (SBP).
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