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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

Lockdown: FPCCI demands deferral of CNIC condition for 6 months on sale of goods

KARACHI: Saquib Fayyaz Magoon, Convener of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) standing committee on Sales Tax and Chairman Indenters Association of Pakistan (IAOP), urged Government to pay attention on economic crises due to lockdown for prevention of coronavirus pandemic and has demanded Prime Minister to defer CNIC Condition for 6 Months on sale of goods to ... Read More »

KCCI for proper mechanism to ensure smooth transfer of financial relief to poor, needy

KARACHI: Chairman Businessmen Group (BMG) & Former President KCCI Siraj Kassam Teli and President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan, while warmly welcoming Prime Minister’s financial relief package of around Rs1.2 trillion announced to ward off the negative impact of coronavirus, said that it was undoubtedly a very good initiative but an effective mechanism was ... Read More »

RCCI concerns on Pak rupee fall against US dollar

RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) on Thursday expressed serious concerns over the sharp fall in the value of Pakistani rupee against the US dollar. RCCI President Saboor Malik 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 »

Business community hails PM relief package, reduction in interest rates

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has hailed the decision of the government to reduce the prices of petroleum products by Rs15 per litre as it would provide good relief to the inflation-stricken people. They also urged the government to further cut the interest rate to bring it down in order to ease the problems of business ... Read More »

RCCI seeks relief for SMEs under Economic Relief Package

RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) has sought extension of relief package to small and medium enterprise. RCCI President Saboor Malik in a statement said that 100 billion allocated for SMEs and agriculture sector. The relief announced for domestic consumers of electricity and gas is appreciated however, its scope should be extended to SMEs as well. Sabor ... Read More »

KCCI appreciates PM relief package

KARACHI: Business community has welcomed the relief package of around Rs1.2 trillion announced by Prime Minister Imran Khan to ward off the negative impact of coronavirus. Chairman Businessmen Group (BMG) & Former President KCCI Siraj Kassam Teli and President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan, while warmly welcoming Prime Minister’s financial relief package of around ... Read More »

APSA asks skeletal staff to adopt precautionary measures

KARACHI: All Pakistan Shipping Association (APSA) issued advisory for shipping lines to provide services with skeletal staff. The advisory stated that this is in reference to the directive by the Government of Sindh issued on 22nd March 2020 Ref No SO (Jud-I)/8-1(04)/2020-Corona and clarification issued on 23rd March 2020 Ref No F.P/Corona 2019/Misc/2020 for the lockdown of all offices, and ... Read More »

KCCI demands waiver of detention & demurrage charges till May 31

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has demanded the Ministry of Maritime Affairs to waive off the port demurrage and container detention charges till May 31, 2020. President KCCI Agha Shahab in a letter addressed to Federal Minister for Maritime Affairs Syed Ali Hyder Zaidi requested that instructions might be issued to Karachi Port Trust (KPT), Port Qasim ... Read More »

Lockdown: KCAA seeks extension in period for submission of duty, taxes

KARACHI: In order to facilitate the trade in general and customs agents community (service providers) in particular during the ongoing lockdown situation due to outbreak of Novol Coronavirus (COVID-19), the managing committee of Karachi Customs Agent Association under their respective capacities are performing their role and making all possible efforts for the re-dressal of grievances being faced by the members, ... Read More »

RCCI lauds economic relief package

RAWALPINDI:  Rawalpindi Chamber of Commerce and Industry (RCCI) welcomed the Economic Relief Package announced by the government. In a statement, President RCCI Saboor Malik said the business community was anxiously awaiting for this package. The interest rate drops by a hundred and a half basic points. This will restore the confidence of the manufacturer and local investor. He said inflation ... Read More »

CM agrees to provide relief to specific export oriented industries on case to case basis

KARACHI: Chairman Businessmen Group & Former President Karachi Chamber of Commerce & Industry (KCCI) Siraj Kassam Teli, while referring to his meeting with Chief Minister Sindh Syed Murad Ali Shah at CM House on Monday, warmly welcomed all out efforts being made by the Chief Minister to contain spread of coronavirus and said that the entire business & industrial community ... Read More »

SCCI proposes joint coronavirus fund for SAARC countries

ISLAMABAD: South Asian Association of Regional Countries (SAARC) Chamber of Commerce and Industry (SCCI) President-designate Iftikhar Ali Malik has proposed setting up a novel corona virus (COVID-19) emergency fund with India, Pakistan, Sri Lanka and Bangladesh with initial amount of US $5 million each to deal with the pandemic. In a statement issued here Monday Iftikhar Malik said while Maldives, ... Read More »

KCCI, seven industrial Town associations agree to pay electricity bills without ISPA

KARACHI: Chairman Businessmen Group (BMG) & Former President Karachi Chamber of Commerce & Industry (KCCI) Siraj Kassam Teli has urged the federal government to strictly order K-Electric to immediately stop and defer Industrial Support Package Adjustment (ISPA), which is being charged retrospectively in a very odd situation as all the industries remain completely shut due to the outbreak of coronavirus ... Read More »

LCCI stresses relaxation of CNIC condition till June 30 

LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) on Saturday urged the government to relax the condition of providing a copy of Computerized National Identity Card (CNIC) of non-filer buyers till June 30, 2020. Talking to a group of businesspeople here, LCCI President Irfan Iqbal Sheikh said that business activities were into a grinding halt and businesses were suffering ... Read More »

RCCI demands bailout package for industry & businessmen

RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) has said that a special bailout package should be announced for the restoration of the industry and business in the wake of the Corona virus. Comprehensive measures should be taken on an emergent basis to address the current economic downturn and contraction. The auto sector, steel is already suffering from degradation ... Read More »

LCCI appeals traders to continue to play their outstanding role at testing time

LAHORE: The Lahore Chamber of Commerce & Industry on Friday has said that supply chain of the edibles and essentials is well maintained by the traders therefore masses should do their purchases as usual. LCCI President Irfan Iqbal Sheikh said due to outstanding role of the trading community, there is no dearth of edibles and other essentials. He hoped that ... Read More »

SAARC CCI ceremony of handing over presidency to Pakistan postponed

ISLAMABAD: A grand ceremony of handing over of presidency of SAARC Chamber of Commerce and Industry (CCI) to Pakistan from Sri Lanka, which was earlier scheduled to be held in the last week of March has been postponed sine die due to pandemic of coronavirus. The upcoming President of SAARC CCI is Iftikhar Ali Malik, a veteran trade leader in ... Read More »

KCCI urges PM, energy minister to refrain K-Electric from charging ISPA

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan, while welcoming Prime Minister Imran Khan’s announcement of a committee established to assess the economic impacts of the coronavirus and suggest helpful measures, stated that the business community highly appreciates PM’s resolve towards revival of the economy and also his concerns over the biggest impact on the ... Read More »

RCCI terms the policy rate cut as “discouraging”

RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) has termed the policy rate cut as “discouraging” urging the government to announce a special economic aid package keeping in view the threat of a coronavirus outbreak. The coronavirus pandemic had triggered a slowdown in the economy all over the world. “A bigger interest rate cut would have provided stimulus to ... Read More »

KCCI asks members to submit fee online through any HMB branch

KARACHI: Keeping in view the rising fear amongst the masses due to the outbreak of coronavirus, the Karachi Chamber of Commerce & Industry (KCCI) has advised all its members to submit their renewal fee online in any branch of Habib Metropolitan Bank (HMB). According to a statement issued, KCCI members can transfer fee online from any HMB branch to KCCI’s ... Read More »