FPCCI’s UBG demands business friendly, export-oriented, pro-poor budget
Federation of Pakistan Chamber of Commerce and Industry’s United Business Group (UBG) demanded a business-friendly, export-oriented and pro-poor people budget to gear up trade activities, besides restoring the confidence of investors with a basket of lucrative incentives to attract foreign investments. Chairing a meeting of industrialists and traders, Chairman UBG Shahzad Ali Malik said that…
Adil Aziz
SRO. 642 on Barter Trade with Russia, Iran and Afghanistan FPCCI’s years of relentless policy advocacy paid off
Mr. Irfan Iqbal Sheikh, President FPCCI, has expressed his profound satisfaction that FPCCI’s years of relentless policy advocacy initiatives for the barter trade with Russia, Iran and Afghanistan has borne fruits. We have pitched barters trade, border markets and currency swap mechanisms very diligently in tens of top-level meetings with the concerned ministries and relevant…
Tax policies encouraging businesses to join informal sector
Former Vice President of FPCCI Atif Ikram Sheikh on (28 May) Sunday said the tax-to-GDP ratio is below 10 percent in Pakistan which is below the level required for any proper economic growth. There have been no serious efforts to expand the tax base and tax machinery relief on increasing collection through indirect taxes and…
Reduction in petroleum prices to provide impetus to industry, curtail inflation: FPCCI
United Business Group (UBG) of the Federation of Pakistan Chamber of Commerce and Industry hailing the decision of the government to reduce fuel prices said that it will help curtail inflation, cut down the cost of production and provide impetus to industry. Chairman UBG Shahzad Ali Malik said that it’s a good decision of the…
FPCCI calls for simplification of tax system
Regional Coordinator, Federation of Pakistan Chamber of Commerce & Industry (FPCCI), Sartaj Ahmad Khan has called for the simplification of the tax system to enable the business community and others to file their taxes through online procedure. He said that the reformation and simplification of the tax system will not only enhance the national tax…
Government urged to pursue long term strategy to ensure double digit growth
Chairman United Business Group of the Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Shahzad Ali Malik said Pakistan needs a sustainable double digit annual growth rate for sound economy and a long term result oriented strategy that can propel into such a high trajectory of growth. Chairing a high level meeting of top…
Ban on import of luxury items govt decides to release stuck goods
This is to come as one-time special permission for goods that have landed at ports or airports in Pakistan on or before June 30, 2022 The federal government has decided to release all those “stuck consignments” as one-time special permission, which have landed at ports or airports in Pakistan on or before June 30, 2022….
FPCCI demands incentives for businesses to remain competitive
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Monday urged the government to tangibly incentivize and subsidize industrialization, import substitution, exploration of new import markets for competitive imports, IT exports and facilitate small and medium enterprises in the export-oriented industries for the near-term gains. FPCCI President Irfan Iqbal Sheikh, in a statement,…