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 …
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KARACHI (May 18, 2026): Asif Sakhi and Arshad Khurshid congratulated senior journalist and Supreme Council member Zia-ul-Haq Sarhadi on receiving Pakistan’s civil award, the “Sitara-i-Imtiaz.” They recognized his services in journalism and his contribution to national trade reporting. Asif Sakhi said Zia-ul-Haq Sarhadi consistently highlighted issues related to trade, transit …
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KARACHI: A high-level Chinese business delegation comprising around 50 members has arrived in Pakistan to explore joint venture opportunities with Pakistani entrepreneurs and strengthen bilateral trade and investment ties between the two friendly countries. The delegation includes representatives from a wide range of sectors including chemicals, automobile, construction, building raw …
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KARACHI, September 3, 2025: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and the Oman Chamber of Commerce and Industry (OCCI) have agreed to enhance cooperation and promote joint investments, signaling a new phase of collaboration between the private sectors of both countries. An FPCCI delegation, led by …
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Karachi – August 6, 2025: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed serious concerns over the recent increase in the Infrastructure Development Cess (IDC) on imports in Sindh, raising the rate from 1.25% to as high as 1.85%. FPCCI President Atif Ikram Sheikh has urged …
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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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