KATI demands a revisit of capacity charges with IPPS: A burden on the exchequer and public

Through the platforms of chambers/associations, Pakistan's businessmen are urgently raising their concerns about the very high cost of electricity. The urgency is palpable as industries are collapsing and exports are…

Continue ReadingKATI demands a revisit of capacity charges with IPPS: A burden on the exchequer and public

FBATI President asked the protection of SMEs from closure.

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  • Post category:Budget
  • Reading time:2 mins read

The increase in multiple taxes in the recent budget, coupled with the high cost of utilities, has surged the cost of production of the Small and Medium Enterprises (SMEs), threatening the survival of hundreds of business units, leading to possible shutdowns, layoffs, and a decline in exports. This was stated by Syed Raza Hussain, President of the Federal B Area Association of Trade and Industry (FBATI), while commenting on the dire situation of industries and SMEs.

Continue ReadingFBATI President asked the protection of SMEs from closure.

Power tariffs make it difficult for people to live businesses to operate: Mian Zahid Hussain.

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  • Reading time:3 mins read

Chairman of FPCCI Advisory Board and National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on…

Continue ReadingPower tariffs make it difficult for people to live businesses to operate: Mian Zahid Hussain.

Cross-subsidy move will increase the business cost of the textile sector: Mian Zahid Hussain

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Chairman of FPCCI Advisory Board and National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on…

Continue ReadingCross-subsidy move will increase the business cost of the textile sector: Mian Zahid Hussain

Pakistan Tea Association requested governmnet to reconsider the blanket tax exemptions offered to the erstwhile FATA / PATA region.

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Pakistan Tea Association (PTA) has expressed profound concerns and apprehensions vis-a-vis the proposed budget's continuation of sales tax and income tax exemptions for the erstwhile FATA/PATA region. In a statement,…

Continue ReadingPakistan Tea Association requested governmnet to reconsider the blanket tax exemptions offered to the erstwhile FATA / PATA region.