KARACHI: Senior Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Saquib Fayyaz Magoon, has said that Pakistan currently has strong investment opportunities as its improved image amid regional developments is attracting global investor interest. However, he added that unstable economic policies and high tax rates …
Read More »SIT Praises Federal Reforms, Crackdown on Illicit Tobacco
KARACHI, April 30, 2026: Stop Illegal Trade (SIT) has commended the enforcement efforts of the Federal Board of Revenue (FBR), which have yielded significant results over the past year. These include sealing illegal manufacturing units, seizing illicit cigarette stocks, and confiscating raw materials. Enforcement measures continue to dismantle the illicit …
Read More »FBR Issues New Notifications After Business Community’s Protest: FPCCI Vice President Amaan Paracha
Karachi, August 4, 2025: In response to strong concerns raised by Pakistan’s business community, the Federal Board of Revenue (FBR) has issued new notifications limiting the arrest powers of tax officials and establishing Grievance Redressal Committees to review complaints under the Sales Tax regime. The move was welcomed by Federation …
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