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Pakistan’s first in-depth newspaper that presents balanced news reports, analysis and reviews regarding Customs, Federal Board of Revenue (FBR) and Sales/Income Tax Departments beside covering import and export sectors comprehensively. Up-to-the-minute news bulletins regarding Customs and FBR departments are also displayed regularly on both website and face book for the interest of common people

RCCI demands tax relief in upcoming budget

RCCI

RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) has asked Federal Board of Revenue (FBR) and Finance Ministry to provide relief in the upcoming federal budget 2019-20. The RCCI President Malik Shahid Saleem said in a statement that government must introduce an amnesty scheme to filers and tax payers similar to the assets declaration scheme to the non-filers. At ... Read More »

RCCI strongly resents 150 basis points hike in SBP’s interest rate

RCCI

RAWALPINDI: The Rawalpindi Chamber of Commerce & Industry (RCCI) has shown strong reservations for increasing 150 basis points in the interest rate by the State Bank of Pakistan taking it from10.75 percent to 12.25 percent and urged the government to withdraw this hike as it would increase the credit cost of commercial banks, ultimately bad effect on the growth of ... Read More »

ICCI concerned over rising external debt and liabilities that have crossed $105b

Pic-May-20,19

ISLAMABAD: Ahmed Hassan Moughal President, Rafat Farid Senior Vice President and Iftikhar Anwar Sethi Vice President, Islamabad Chamber of Commerce & Industry have expressed great concerns over the rising external debt and liabilities of the country that have surpassed $105 billion by the end of March 2019 and called upon the government to take urgent measures to cope with this ... Read More »

Govt asked to ensure availability of quality items in Ramzan bazaars

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ISLAMABAD: The government has established Ramazan bazars in various cities in the country including Islamabad to provide food items at subsidized rates to people, which was laudable initiative. However, government should ensure availability of sufficient quantity of quality good items in these bazaars to provide real relief to the people. This was stressed by Ahmed Hassan Moughal, President, Islamabad Chamber ... Read More »

ICCI concerned over record devaluation of rupee

icci

ISLAMABAD: Ahmed Hassan Moughal President, Rafat Farid Senior Vice President and Iftikhar Anwar Sethi Vice President, Islamabad Chamber of Commerce & Industry have shown great concerns over record devaluation of rupee against dollar that has plunged to Rs.148 against a dollar in the interbank market. They said the rupee has already witnessed hefty depreciation against dollar due to which people ... Read More »

Junaid Makda welcomes tax amnesty scheme, stresses secrecy, confidentiality

KCCI

KARACHI: President Karachi Chamber of Commerce & Industry Junaid Esmail Makda, while appreciating Prime Minister Imran Khan for accepting KCCI’s proposal to announce Asset Declaration Scheme, welcomed the much awaited tax amnesty scheme which the cabinet approved yesterday while the Ordinance was signed by President Dr. Arif Alvi on Wednesday providing an opportunity for whitening undisclosed expenditures, sales and assets, ... Read More »

Assets declaration scheme 2019 will attract people to enter into the tax net: RCCI

RCCI

RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) President Malik Shahid Saleem has expressed hope that newly announced  Assets declaration Scheme 2019 will not only intimate people to enter into the tax net but also help government to document the informal economy. After meeting with Chairman FBR, Shabbar Zaidi, in Islamabad, RCCI President remarked that Chamber is ready to ... Read More »

ICCI calls for extending amnesty scheme till December 2019

icci

ISLAMABAD: Ahmed Hassan Moughal, President, Islamabad Chamber of Commerce & Industry said that PTI government has announced its first amnesty scheme for whitening of undisclosed expenditures, sales and assets, including foreign assets at nominal tax rates, however, he said that very short period of just 45 days have been given for taking benefit of this scheme, which was quite insufficient. ... Read More »

Presidents of different chambers calls on FBR Chairman Shabbar Zaidi

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ISLAMABAD: The presidents of different chambers of commerce & industry held a detailed meeting Chairman FBR Syed Muhammad Shabbar Zaidi in his office on Wednesday. According to details the Presidents of Chamber of Commerce & Industry included President from Chamber of Commerce & Industry Lahore, Rawalpindi, Islamabad, Gujrat, Haripur, Gujranwala, Sialkot, Hattar, KPK and others. The Presidents of Chamber of ... Read More »

ICCI calls on new FBR chairman to focus on enhancing tax compliance

icci

ISLAMABAD: Ahmed Hassan Moughal President, Rafat Farid Senior Vice President and Iftikhar Anwar Sethi Vice President, Islamabad Chamber of Commerce & Industry have lauded the Prime Minister’s decision to appoint Syed Shabbar Zaidi from private sector as Chairman FBR as he was a tax expert and was well-versed with the issues of taxpayers. However, they said that the new FBR ... Read More »

Tajikistan & Pakistan enjoying cordial relationship: Envoy

RCCI President Malik Shahid Saleem presenting bouquet to Tajikistan ambassador Ismatullo Nasredin during his visit to the Chamber House in Rawalpindi

RAWALPINDI: Ambassador of Tajikistan Ismatullo Nasredin has said that Pakistan and Tajikistan have historical, cultural and religious background and the roots of their relation are very deep. Both countries are enjoying friendly and cordial relationship. The envoy expressed these views with President RCCI Malik Shahid Saleem during his visit to the Rawalpindi Chamber Of Commerce and Industry (RCCI) here on ... Read More »

ICCI shows concerns over IMF’s tough conditions for bailout package

icci

ISLAMABAD: Ahmed Hassan Moughal President, Rafat Farid Senior Vice President and Iftikhar Anwar Sethi Vice President, Islamabad Chamber of Commerce & Industry have shown concerns over the tough conditions of IMF for bailout package that would add to the miseries of business community and the general public and lead to further slowdown in the economic activities in the country. They ... Read More »

RCCI pins hopes on new FBR head

RCCI

RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) on Friday hoped the new chairman Federal Board of Revenue (FBR), Shabbar Zaidi, would introduce new strategy to solve business community’ problems, while creating new venues for collection rather than taxing the existing tax payers. RCCI President Malik Shahid Saleem, in a statement, expressed optimism that with his long experience in ... Read More »

ICCI calls for new industrial policy with focus on knowledge economy

icci

ISLAMABAD: The Islamabad Chamber of Commerce & Industry has called upon the government to formulate a new industrial policy that should focus on promoting knowledge-based economy in order to put Pakistan on the path of fast track economic growth. Ahmed Hassan Moughal, President, Islamabad Chamber of Commerce & Industry said that the economy of Pakistan was facing many challenges and ... Read More »

RCCI stresses for promotion of regional trade

RCCI

RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) President Malik Shahid Saleem has said that Central Asia is a big market and Pakistan should explore new trade avenues in this region. It is the hour of need to explore the new trade avenues, business opportunities between Pakistan and Central Asia. CPEC offers great regional connectivity and integration from South ... Read More »

ICCI for reducing tax gap to improve Pakistan’s tax revenue

icci

ISLAMABAD: Ahmed Hassan Moughal President, Rafat Farid Senior Vice President and Iftikhar Anwar Sethi Vice President, Islamabad Chamber of Commerce & Industry have called upon the government to take strong measures for reducing tax gap in order to realize the actual tax potential of Pakistan and improve its tax revenue. They said that Pakistan has substantial potential to enhance tax ... Read More »

Pak-US trade relations need to be improved: RCCI

Pic-May-07,-19

RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) in collaboration with Pakistan American business Forum (PBAF organized a Pak-America Business conference in Dallas, Texas. Vice President RCCI Fayyaz Qureshi who was leading RCCI delegation in his address said that the major purpose of the conference was to provide an opportunity to exchange the views and identify the hurdles in ... Read More »

Pakistani traders not focus only on traditional items, also diversify products range: Malaysian CG

Pic Malaysian Consul General

KARACHI:  H.E Khairul Nazran ABD Rahman, Consul General of Malaysia in Karachi urges Pakistani Business Community not focus  only on traditional trade items like textile, palm oil etc, but also to diversify  their product range ,which may include mango, vegetables and other items. Speaking in “Appreciation Award 2019” by Pakistan- Malaysia Friendship Association(PMFA). Consul General presented Awards on Best Trade ... Read More »

RCCI shows concern on growing economic uncertainty

RCCI

RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) president Malik Shahid Saleem on Monday has said that business community has serious concerns on growing economic uncertainty. The given uncertainty and vague economic polices had dropped Pakistan Stock Exchange 100 Index to lowest three year level and it will drop further if timely measures were not taken, he feared. Investors’ ... Read More »

ICCI resents hike in POL prices and calls for their urgent withdrawal

icci

ISLAMABAD: The Islamabad Chamber of Commerce and Industry has resented the yet another hike in the prices of POL products and called upon the government to immediately withdraw them as it was an anti-business and anti-people decision that would cause manifold increase in the cost of doing business and bring unbearable miseries to the common man. Ahmed Hassan Moughal, President, ... Read More »