PESHAWAR: The business community of Khyber Pakhtunkhwa has called of the formation a high-level advisory council comprising representatives of the provincial government, concerned organizations including the FPCCI and other chambers to address their problems. The proposal was flouted in a consultative meeting on the provincial budget 2022-23 held in the Regional Office of Federation of […]
FPCCI
FPCCI recommends high tax rates and amnesty for privileged.
Pakistan’s top corporate body has proposed radical action to Prime Minister Shehbaz Sharif to reduce the national finances and current account deficits, including electricity rationing, an increase in individual tax rates, and an amnesty for the wealthy to entice them to deposit their money in the central bank’s coffers. The Federation of Pakistan Chambers of […]
FPCCI chief terms SBP’s SAAF grossly insufficient, self-contradictory
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) president Mian Nasser Hyatt Maggo expressed his dissatisfaction over the exorbitant interest rate of up to 9% allowed to commercial banks under SBP’s SME Asaan Finance Scheme (SAAF). He added that SBP will provide refinancing to the commercial banks at 1% and they will […]
Businessmen term budget positive, as no ‘new’ tax imposed on industry
ISLAMABAD/LAHORE: The Businessmen Panel of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and the Pakistan Industrial and Traders Association Front termed the federal budget as balanced and progressive, as no new tax was imposed on the industry while reducing rate of some of earlier duties and taxes. Addressing a press conference on […]
SAARC Chamber, UBG term budget growth, export-oriented
LAHORE: South Asian Association for Regional Cooperation– Chamber of Commerce and Industry (SAARC-CCI) and United Business Group (UBG) in the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), here Friday termed the federal budget 2021-22 tax-free, balanced, growth- and export-oriented with a basket of excellent package of incentives to accelerate the economic activities across […]
Gen Bajwa lauds FPCCI’s role in development of commercial, industrial hubs
Chief of Army Staff General Qamar Javed Bajwa on Wednesday assured the business community of the Pakistan Army’s complete support for the economic uplift of the country. He made assurances when he met a delegation of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), according to a statement issued by the Inter Services […]
FPCCI says business community is real taxpayer
Islamabad: A delegation of chairmen of Senators of Senate Standing Committees visited FPCCI Capital Office Islamabad to meet the office bearers of FPCCI and the representatives of Chambers of Commerce and trade associations of Sindh, Punjab, KPK provinces, Federal Area, and Gilgit Baltistan to hold a pre-budget discussion on the budget proposals of FPCCI. The […]
FPCCI holds meeting to discuss goods transporters problems
PESHAWAR: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Regional Office Peshawar on Monday held a meeting to discuss various issues being faced by the Khyber Pakhtunkhwa Goods Transport Federation. The meeting headed by the Coordinator Federation of Pakistan Chambers of Commerce and Industry, Sartaj Ahmed Khan, was attended by chairman All Khyber Pakhtunkhwa […]
FPCCI notifies Chairman FBR of difficulties faced by traders
ISLAMABAD: Federation Pakistan Chamber of Commerce and Industry (FPCCI) has apprised the Chairman Federal Board of Revenue (FBR) Asim Ahmad about the difficulties faced by importers and exports at Kharlachi Border, Kurram agency. A delegation of FPCCI led by its President Nassar Hyatt Magoo met with Chairman FBR at its headquarters to brief on the […]
FBR chairman stops official raids against taxpayers
Federal Board of Revenue (FBR) Chairman Shabbar Zaidi on Tuesday placed restrictions on official raids against taxpayers. According to an FBR notification, prior approval of the IR-Operations member and the chairman would be required to conduct any raid. “If there is evidence of economic transaction(s) which are chargeable to tax and the organisation/entity is not […]