Save the textile industry from disaster due to heavy taxes on imported raw material: Khawar appeals to PM Karachi, August 05, 2020: Khawar Noorani, Chairman Standing committee on imports, convener yarn trade committee, Federation of Pakistan Chambers of Commerce & Industry (FPCCI) and former chairman Pakistan Yarn Merchants Association (PYMA), has appealed to Prime Minister…
Customs waive off bond surcharge, orders to open shipping companies on Saturday Karachi, June 22, 2020: Syed Tariq Huda, Member-Customs (Operations), FBR has agreed with the Federation of Pakistan Chamber of Commerce & Industry’s (FPCCI) proposal to minimize human interaction and make sure social distancing in the presence of COVID-19 pandemic, also appointed collector customs…
Today Pakistan has a lower tax-to-GDP ratio as compared to regional and other countries, which is causing serious disparity between various sectors of the economy. All the segments of the society are not contributing their due share of tax on their income in accordance with their contribution in GDP. For example industrial sector contributes 20.3…
Karachi, June 01, 2020: Mian Anjum Nisar President FPCCI and Mr. Sheikh Sultan Rehman Vice President FPCCI seeking feedback from Trade and Industry to find problems emerged out due to COVID-19. The FPCCI is trying to identify ways so that it would be able to support the business community effectively during the COVID-19 pandemic. In…
Karachi, March 19, 2020: Mian Anjum Nisar President, Federation of Pakistan Chambers of Commerce and Industry said that the SBP decision seems totally against the global wisdom under prevailing drastic conditions of the life-threatening disease caused by COVID-19. Global think tanks and large number of countries are supporting economic activities by introducing ease of doing…