FPCCI Pushes for Income Tax Deadline Extension Amid Filing Challenges
Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Atif Ikram Sheikh urged Federal Board of Revenue (FBR) to further extend the deadline for filing income tax returns till October 31, 2025. In a letter to FBR Chairman Rashid Mahmood Langrial, he said, FPCCI has highlighted the challenges faced by taxpayers and stakeholders in…
Mehfooz
FPCCI body to negotiate on law regarding businessmen’s arrest
Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Tuesday rejected the law permitting arrest of businessmen and constituted an eight-member committee led by its President Atif Ikram Sheikh to engage in negotiations with relevant authorities in this regard.
FPCCI Slams SBP’s Minimal Rate Cut, Demands Aggressive Reduction for Economic Growth
Mr. Atif Ikram Sheikh continued that, after deliberations from the apex trade and industry platform with all industries and sectors, FPCCI had demanded a single-stroke rate cut of 500 basis points during the Monday’s monetary policy committee (MPC) meeting to rationalize the key policy rate; and, align it to the vision of special investment facilitation council (SIFC) – and, the Prime Minister’s vision for industrial development, import substitution and export growth.
Editor
Pakistan’s Exports Under Threat as U.S. Imposes 29% Tariff
The President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has expressed deep concern over the U.S. decision to impose a hefty 29% tariff on Pakistani products. Given that the United States is Pakistan’s largest trading partner, this move is expected to have a significant and far-reaching impact on the country’s export sector.
FPCCI Backs New Tax Incentives to Boost Real Estate Sector
Mr. Atif Ikram Sheikh, President FPCCI, has appreciated the proposed tax measures to facilitate investments into real estate and construction sectors by the general public as 4 percent tax rate on sale and purchase of property has been a major obstacle in the development and commercial activities.
Bangladesh and Pakistan Sign MoU to establish joint Business Council at Dhaka Business Forum
Mr. Atif Ikram Sheikh, President of FPCCI, announced that the Pakistani trade delegation, under the leadership of FPCCI, actively participated in the Bangladesh – Pakistan Business Forum held in Dhaka. The event was organized by the Federation of Bangladesh Chambers of Commerce & Industries (FBCCI).
Bangladesh Visit by FPCCI Delegation to Boost Bilateral Trade
Convener of the Federation of Pakistan Chamber of Commerce and Industry’s regional committee on Food, Shahid Imran praised the timely decision by FPCCI to send a Pakistani business delegation to Bangladesh, which he believed will enhance the long-awaited trade volume between the two countries.
First Direct Flight from Tashkent to Lahore by Uzbek Airways Begins Nov 29
The national airline of Uzbekistan, ‘Uzbek Airways,’ will land at Lahore Airport from Tashkent, the capital of Uzbekistan, on Friday, November 29 at 9:00 a.m. and will start its direct flight operation, and this weekly flight operation is likely to be increased in the coming months.
FPCCI calls for winter package for Export-Oriented Industries
Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Atif Ikram Sheikh has urged the government to announce a comprehensive, effective and multi-sectoral winter package for trade and industry to mitigate and overcome challenges in industrial production.
Adil Aziz
FPCCI and CCPIT aims to Boost Pakistan-China Trade with Land-Sea Corridor
Mr. Atif Ikram Sheikh, President FPCCI, has apprised that, in a landmark development, FPCCI and China Council for the Promotion of International Trade (CCPIT), have formed an alliance for land-sea corridor; which comprises of chambers of commerce & industries of 17 regional, sub-regional and economically-significant countries.