Karachi: The Korangi Association of Trade and Industry (KATI) is urging the Federal Board of Revenue (FBR) to extend the deadline for mandatory sales tax e-invoicing by three months, citing concerns over unpreparedness within the business community. J...
Read More »EFS Violations Lead to Closure of Import Businesses in Karachi
Karachi: Salim Valimuhammad, Chairman of the Pakistan Chemicals and Dyes Merchants Association (PCDMA), has raised concerns over significant misuse of the Export Facilitation Scheme (EFS), which has reportedly caused a loss of Rs. 25 billion to the na...
Read More »Gul Ahmed Textiles Shifts Focus Amid Rising Costs and Sustainability Goals
Karachi: Gul Ahmed Textiles Mills Ltd. (GATM) convened an analyst briefing to reveal its financial performance for the first nine months of fiscal year 2025 and outline its strategic objectives moving forward. The company reported a 13.3% increase in ...
Read More »UBG Warns Fuel Price Surge Could Strain Pakistan’s Economy
KARACHI: The United Business Group (UBG) has voiced concerns over the recent increase in fuel prices, warning of potential adverse effects on Pakistan's economy. Petrol prices have surged by Rs. 8.36 per liter, while diesel has seen an increase of Rs....
Read More »Gas and Petroleum Price Hike Threatens Pakistan’s Export Growth
Karachi: The Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Amaan Pracha, has raised concerns over the government's recent increase in gas and petroleum prices, warning that it will adversely affect the country...
Read More »Gul Ahmed Textiles Shifts Focus Amid Rising Costs and Sustainability Goals
Karachi: Gul Ahmed Textiles Mills Ltd. (GATM) convened an analyst briefing to reveal its financial performance for the first nine months of fiscal year 2025 and outline its strategic objectives moving forward. The company reported a 13.3% increase in ...
Read More »Inclusion of Exchange Companies in Pakistan Remittance Initiative Poised to Boost Economy
Karachi: The chairman of the Exchange Companies Association of Pakistan (ECAP), Malik Muhammad Bostan, has commended the government's decision to incorporate exchange companies into the Pakistan Remittance Initiative (PRI), predicting substantial econ...
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