KARACHI June 13,2026: Pakistan Yarn Merchants Association (PYMA) Chairman Saqib Goodluck has termed the Federal Budget 2026-27 an “elitist budget,” accusing the government of completely ignoring small and medium enterprises (SMEs) and failing to fulfill longstanding commitments made to the textile trade community. In a strongly worded statement, Goodluck …
Read More »PCDMA Warns Budget 2026-27 Retains Flawed EFS, Risks Revenue Losses
KARACHI June 13,2026: Chairman of the Pakistan Chemicals & Dyes Merchants Association (PCDMA), Salim Valimuhammad, has criticized the Federal Budget 2026-27, saying it ignores key proposals from commercial importers and fails to address long-standing trade sector concerns. In a statement, he said the government retained the Export Facilitation Scheme (EFS) …
Read More »Budget Falls Short on Export Revival, Says Ismail Suttar
KARACHI June 13,2026: Founder Chairman of the Salt Manufacturers Association Pakistan (SMAP), Ismail Suttar, has criticized the Federal Budget 2026-27, saying it fails to introduce meaningful measures to revive exports at a time when Pakistan urgently needs higher foreign exchange earnings. In a statement, Suttar said the budget lacks a …
Read More »Commercial Importers Urge Govt to Remove Tax Disparity
KARACHI ,May 22,2026 : Commercial importers have urged the federal government to remove the tax gap between commercial and industrial raw material imports. They argued that the current system encourages tax avoidance and causes major revenue losses to the national exchequer. According to industry sources, higher taxes on commercial imports …
Read More »Sindh Government Reaffirms Support for Karachi Industry, Moves Toward SITE Reform
KARACHI :May 21,2026 :Sindh Industries Minister Jam Ikramullah Khan Dharejo has pledged full government support for Karachi’s industrial sector. He made this commitment during the S.I.T.E. Association of Industry Meet & Greet Dinner in Karachi. He also acknowledged the private sector’s role during recent crises and outlined plans for structural …
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