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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

Biggest visa center of Asia to become operational in Karachi from Sept 2019: UAE Envoy


KARACHI: Ambassador of United Arab Emirates (UAE) Hamad Obaid Alzaabi has informed that UAE Embassy will be opening a visa center in Karachi which will become operational in the first week of September 2019 while another visa center will also become functional in Islamabad in the first week of October 2019 which would provide all facilities here in Pakistan. “Everything ... Read More »

World Bank Mission meets LCCI head Almas Hyder

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LAHORE: A 4-member World Bank team on Strengthening Markets for Agriculture & Rural Transformation in Punjab (SMART) Friday called on the LCCI President Almas Hyder and had a detailed meeting. World Bank Mission was headed by Hans Johannes while Senior Communications Officer Ms. Flore Martinant de Preneuf, Communications Officer Ms. Mehreen Saeed and Irfan Razzaq were the other members of ... Read More »

RCCI strongly resents 100 basis points hike in SBP’s interest rate


RAWALPINDI: The Rawalpindi Chamber of Commerce & Industry (RCCI) has shown strong reservations for increasing further 100 basis points in the interest rate by the State Bank of Pakistan taking it from 12.25 percent to 13.25 percent. RCCI President Malik Shahid Saleem, in a statement, urged the government to withdraw this raise as it would increase the credit cost of ... Read More »

Pakistan Cotton Ginners Association stages protest against imposition of unfair taxes


MULTAN: Pakistan Cotton Ginners Association staged protest against the imposition of unfair taxes by the government in financial year 2019-20 budget and demanded the government to impose import duty on the import of cotton. Former President Pakistan Cotton Ginners Association Nawab Shehzad Ali Khan led the protest along with other members of PCGA and addressed with protesters that Pakistan’s 70% ... Read More »

US deeply interested in expanding trade, investment ties: Chad Miner


KARACHI: Chief of the Economic Unit of Consulate General of United States Chad Miner has said that the US government was deeply interested in expanding trade and investment ties between United States and Pakistan which is the largest exporter of goods to US. Speaking at a meeting during his visit to the Karachi Chamber of Commerce & Industry (KCCI), Chad ... Read More »

LCCI & SL High Commissioner organize Catalogue Show to promote interaction

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  LAHORE: The Lahore Chamber of Commerce & Industry in collaboration with Sri Lankan High Commission organized a Catalogue Sow at its premises on Monday. They very objective of Catalogue Show was to promote interaction between the business community of the two countries and to give boost to two-way trade and joint ventures. Over a dozen Sri Lankan companies took ... Read More »

KCCI supports govt’s resolve to bring everyone into tax net: Junaid Madka


KARACHI: Chairman Businessmen Group (BMG) & Former President KCCI Siraj Kassam Teli and President Karachi Chamber of Commerce & Industry (KCCI) Junaid Esmail Makda, while warmly welcoming the assurance given by Prime Minister Imran Khan during his last meeting with Karachi’s business community, stated that the Karachi Chamber fully supports the government’s resolve to bring everyone into the tax net ... Read More »

Single tax portal to cut business cost


ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has welcomed the Federal Board of Revenue’s (FBR) initiative of introducing a single tax portal for taxpayers for filing sales tax returns of goods and services, saying it would help reduce the cost of doing business. The FBR, in collaboration with the provinces, was working to introduce the portal, which would ... Read More »

Govt should take steps to address grievances of traders


  RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) said that country wide shutter-down strike has highlighted the suffering of business community and asked government to address their grievances at the earliest. Addressing executive committee, President RCCI Malik Shahid Saleem, said that government must show flexibility here and address the concerns of the traders on sales tax regime. We ... Read More »

FPCCI to hold session on impacts on imports & exports on July 10


KARACHI: Federation of Pakistan Chambers of Commerce and Industries (FPCCI) will hold session on impacts on imports and exports and effects on industries after announcement of federal budget 2019-2020 Wednesday July 10, 2019 at 3.30 pm at FPCCI head office Karachi and regional office Lahore through video link. Karachi Chamber of Commerce and Industries (KCCI) President Engineer Daroo Khan Achakzai ... Read More »

Malaysia keen to enhance trade ties with Pakistan

Malaysian High Commissioner to Pakistan, Ikram Mohammad Ibrahim inaugurating Pak-Malaysia BOC organized by RCCI

  RAWALPINDI: Malaysian High Commissioner to Pakistan, Ikram Mohammad Ibrahim has urged Malaysian business communities and key players to seize the opportunities offered within Pakistan’s market, specifically the China-Pakistan Economic Corridor (CPEC) project. Addressing the inaugural session of Pakistan-Malaysia Business Opportunities Conference (BOC) being organized by Rawalpindi Chamber of Commerce and Industry (RCCI) at a local hotel in Kuala Lumpur ... Read More »

KCCI urges govt to relax SECP search and seizure rules to build business confidence


KARACHI: Securities and Exchange Commission of Pakistan (SECP) has issued a notification wherein the investigating officers are given sweeping discretionary powers to raid and search any premise without any search warrant, which is optional. It also allows the officer to confiscate assets, documents, and devices including laptops and mobiles from the raided site. Such powers are granted through SRO 713 ... Read More »

KCCI urges govt to restore zero-rated regime for export oriented industries


KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Junaid Esmail Makda has expressed deep concerns over the worsening crises being faced by the industries across Pakistan after the withdrawal of zero-rated regime which has created a disastrous situation for the export-oriented industries and it was a matter of grave concerns that many industries, particularly the textile units and its ... Read More »

APCAA to hold meeting on July 6


LAHORE: A meeting of All Pakistan Customs Agents Association (regd) (APCAA) will be held on Saturday July 6, 2019 on the directions of its President Mohammad Amjad Chaudhari. The meeting will take place at APCAA regional office Lahore at 2.30 pm. The participants of the meeting will discuss the “affects on imports/exports after budget”. All members are requested to attend ... Read More »

FPCCI Standing Committee on “Dry Ports” meeting to be held on July 10


KARACHI: The first meeting of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Standing Committee on “Dry Ports” will be held at FPCCI regional office Lahore at 3pm on July 10, 2019. Sardar Yasin Malik will preside over the meeting and address the members via video link, while Vice President FPCCI Qurban Ali and Convener FPCCI Standing Committee on ... Read More »

Makda favors refund suggestion for last year’s unprocessed cases


KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Junaid Esmail Makda, while referring to his conversation with Minster of State for Revenue Hammad Azhar and Member IR – FBR Dr. Hamid Ateeq Sarwar during meetings in Islamabad, stated that after listening to the grievances being faced by those individuals whose asset declaration cases were stuck up due to some ... Read More »

Businessmen urged to avail additional time for assets declaration scheme

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LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) on Monday appealed to the business community to avail additional time provided for assets declaration scheme. While talking to a large group of businessmen belonging to various sectors of trade and industry here, LCCI President Almas Hyder, Senior Vice President Khawaja Shahzad Nasir and Vice President Faheem-ur-Rehman Saigal said that extension ... Read More »

MTBA demands FBR to extend date for filing of Assets Declaration Scheme until July 31


MULTAN: Multan Tax Bar Association (MTBA) demanded Federal Board of Revenue (FBR) to extend Assets Declaration Scheme deadline until 31st July. Tax practitioners including members of the Multan Tax Bar Association passed a unanimous resolution about the extension of time for filing of Assets. Multan Tax Bar Association has requested Chairman Federal Board of Revenue Syed Mohammad Shabbar Zaidi that ... Read More »

Rupee depreciation to affect all segments of economy: RCCI


RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) has expressed serious concerns over the sharp fall in the value of Pakistani rupee against the US dollar.  RCCI President Malik Shahid Saleem in a statement said that the depreciation of Pakistani rupee would have a massive negative impact on the already fragile economy of the country.  “The dollar has risen ... Read More »

RCCI inks MOU with Dalian Fujian Chamber

RCCI President Malik Shahid Saleem and Dalian Fujian Chamber President Liao Meiying exchange documents after signing MOU at Chamber House Rawalpindi

RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) and Dalian Fujian Chamber of Commerce inked a Memorandum of Understanding (MoU) aimed at expansion of trade and economic ties between Pakistan and China in different sectors including food, gems and jewelry, construction materials, electromechanical and valve production and sales, real estate development and renovation projects. President Dalian Fujian Chamber Ms ... Read More »