President Karachi Chamber of Commerce & Industry (KCCI) Jawed Bilwani and Chairman Businessmen Group Zubair Motiwala, while strongly criticizing the newly enacted Sections 37A and 37B of the Sales Tax Act which…
The Pakistan Yarn Merchants Association (PYMA) has categorically rejected the inclusion of Articles 37-A and 37-B in the Sales Tax Act under the recent Finance Bill. In an appeal to…
Salim Valimuhammad, Chairman of the Pakistan Chemicals & Dyes Merchants Association (PCDMA), has exposed rampant exploitation of the Export Facilitation Scheme (EFS), with fraudulent practices reportedly costing the national treasury…
In a press conference today, the Goods Transporters of Pakistan made a passionate appeal to the media and government officials regarding a recent decision to increase the withholding tax on…
A delegation from the Pakistan Advertisers Association (PAA) represented the advertising and marketing communications sector at the Post-Budget Consultative Meeting on Tax Anomalies, convened by the Federation of Pakistan Chambers…
On 18 June, a press conference was held by the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), during which senior officials representing various trade and industry associations expressed…
Sheikh Muhammad Tahseen, President of the Federal B Area Association of Trade and Industry (FBATI), expressed deep disappointment over the federal and provincial budgets, describing them as a roadmap to…
Muhammad Hanif Lakhani, a former Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and a former Senior Vice President of the Karachi Chamber of Commerce…
Salim Valimuhammad, Chairman of the Pakistan Chemicals & Dyes Merchants Association (PCDMA), has voiced serious concerns over the Federal Board of Revenue’s (FBR) increasing compliance demands, warning that the current…
Renowned economic analyst and former President of the Islamabad Chamber of Commerce, Dr. Shahid Rasheed Butt, has stated that the current budget suffers from multiple flaws, prioritizing short-term revenue targets…
The Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and Intellectuals Forum, the President of All Karachi Industrial Alliance, the Chairman of the FPCCI Advisory Board,…
Chairman Businessmen Group (BMG) Zubair Motiwala and President Karachi Chamber of Commerce & Industry (KCCI) have strongly condemned the Federal and Sindh Budgets 2025–26, describing them as deeply disappointing and…
Commenting on the Sindh budget, North Karachi Association of Trade and Industry (NKATI) President Faisal Moiz Khan stated that the province of Sindh needs a liberal industrial policy. He suggested that…
The office-bearers of the Hyderabad Chamber of Small Traders & Small Industry (HCSTSI), including President Muhammad Saleem Memon, Senior Vice President Ahmed Idrees Chohan and Vice President Shan Sehgal, jointly…
The Pakistan Coating Association (PCA) Chairman, Mr. M. Ubaidullah Mian, talking to the press, strongly condemns the recent powers granted to Federal Board of Revenue (FBR) officers to arrest the…
With Israel’s military strike on Iran pushing Arab Light crude above USD 69/bbl as of June 13, 2025, Pakistan’s vulnerability to oil price shocks has intensified. In 10MFY25, the country imported…
Sheikh Umer Rehan, Chairman of the Pakistan Vanaspati Manufacturers Association (PVMA), has termed the Federal Budget 2025-26 disappointing for the food sector, particularly the ghee and cooking oil industry. Expressing…
Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Vice President Muhammad Amaan Paracha has stated that the federal budget for the new fiscal year does not align with the…
Livoltek is committed to providing cost-effective solar solutions for Pakistani households and businesses, despite the challenges posed by the 2025 budget, including new taxes on imported solar equipment and changes…
S&P Global Market Intelligence forecasts the overall budget deficit to be 5.1% of GDP, higher than the budget estimate of 3.9% of GDP. Real GDP growth is projected at 3.6%…
Abdul Shakoor Khatri, a prominent industrialist and founding chairman of the All-Pakistan Textile Processing Mills Association (APTPMA), has strongly criticized the imposition of an 18% tax on solar energy in…
A respected business leader and former president of the Islamabad Chamber of Commerce and Industry (ICCI) Dr. Shahid Rasheed Butt stated on Thursday that the newly announced budget aligns with…
United Business Group (UBG) President Zubair Tufail, Core Committee Members Malik Khuda Bakhsh, Syed Mazhar Ali Nisar, Khalid Tawab, and Hanif Gohar have termed the federal budget 2025–26 as disappointing,…
The President of the Korangi Association of Trade and Industry (KATI), Junaid Naqi, has termed the Federal Budget 2025-26 disappointing, stating that it neither meets the requirements of the industrial…
The Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and Intellectuals Forum, the President of All Karachi Industrial Alliance, the Chairman of the FPCCI Advisory Board,…
