ICCI calls for a new strategy to get rid of IMF loans ISLAMABAD ( Web News ) Muhammad Shakeel Munir, President, Islamabad Chamber of Commerce & Industry (ICCI) has called upon the government to focus on evolving a new strategy in order to generate indigenous resources and get rid ofRead More →
IPS’ roundtable lauds FSC judgement on Riba-free economy Concerted efforts by govt, stakeholders for implementation stressed ISLAMABAD ( Web News ) The much-awaited verdict of the Federal Shariat Court (FSC) on interest-free economy, despite being overly delayed, sets the course in the right direction by cogently answering all reservations putRead More →
ISLAMABAD ( Web News ) Muhammad Shakeel Munir, President, Islamabad Chamber of Commerce & Industry (ICCI) said that the government should assign collection of sales tax across the country to FBR and introduce a single sales tax return in the upcoming budget for the taxpayers providing services in federation andRead More →
ISLAMABAD ( Web News ) Muhammad Shakeel Munir, President, Islamabad Chamber of Commerce & Industry (ICCI) has expressed great concerns over the rising power crisis in the country as the power shortage has reportedly shot up to 6000 to 7000 MW and called upon the government to take urgent measuresRead More →
ISLAMABAD ( Web News ) Muhammad Shakeel Munir, President, Islamabad Chamber of Commerce & Industry (ICCI) briefed Muhammad Majid Qureshi, Advisor (IT), Federal Tax Ombudsman about the tax issues of Overseas Employment Promoters during his visit to ICCI. Jamshaid Akhtar Sheikh Senior Vice President, Muhammad Faheem Khan Vice President ICCIRead More →
Philip Morris (Pakistan) Limited announces financial results for Q1 ended March 31st, 2022 ISLAMABAD ( Web News ) Philip Morris (Pakistan) Limited (“PMPKL”) generated Total Net Turnover of PKR 5,345 million reflecting Domestic Net Turnover of PKR 4,497 million, + 2.1% vs. prior period due to an unaltered excise taxRead More →
Lucky Cement announces the consolidated earnings of PKR 26.53 billion for the nine months ended March 31, 2022. KARACHI ( Web News ) On a consolidated basis, Lucky Cement Limited reported the profit after tax to date of PKR 26.53 billion of which PKR 5.81 billion is attributable to non-controllingRead More →
ISLAMABAD ( Web News ) Women Chamber of Commerce and Industry (IWCCI) in collaboration with the management of GIGA Mall has set up 100 free shops for women entrepreneurs at the shopping mall for three months. Ms. Nilofar Bakhtiar, Chairperson of the National Commission on the Status of Women, hasRead More →
BEIJING ( Web News ) The Fourth Construction Co. Ltd (FCC) of China National Chemical Engineering Group Corporation (CNCEC) has signed an EPCF contract with with Daewoo Gas to set up a new LNG terminal in Pakistan. With a nameplate capacity of 2.5 million tons per annum (mtpa) of LNG,Read More →
Business Community expresses solidarity with Pakistani Armed Forces Islamabad ( Web News ) The business community in a meeting at Islamabad Chamber of Commerce & Industry (ICCI) expressed full solidarity with the Pakistan Armed Forces as their role was very vital in maintaining national sovereignty and protecting the borders fromRead More →
ISLAMABAD ( Web News ) Pakistan’s exports to the seven regional countries witnessed an increase of 23.50 percent in first three quarters of fiscal year (2021-22), as compared to the corresponding quarters of last year. The country’s exports to seven regional countries including Afghanistan, China, Bangladesh, Sri Lanka, India, NepalRead More →
ISLAMABAD ( Web News ) In order to optimize the tax collection and broaden the tax base, the government should re-introduce the fixed tax regime for the marble industry on the pattern of the Tier-2 retailers from whom the sales tax is charged through electricity bills. This was stated byRead More →