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Tag Archives: KCCI

PTCL remains focused on improving services, all set for 5G: Zaheer Achakzai

KARACHI: Executive Vice President PTCL (South) Zaheer Achakzai has said that PTCL has remained focused on improving its quality of service by upgrading the infrastructure that led to improving the profitability by 34 percent and the service provider’s infrastructure was all set for 5G which has already been successfully tested. Exchanging views at a meeting during his visit to the ... Read More »

CC CRTO assures to analyze possibility of restoring tax back to 0.1pc in next budget

KARACHI: Chief Commissioner Corporate Regional Tax Office (CRTO) Karachi Federal Board of Revenue (FBR) Dr. Aftab Imam, after listening to the viewpoint of business community, assured to analyze the issue of higher turnover tax on yarn traders as compared to the profit margin and look into the possibility of restoring it back to 0.1 percent from 1.5 percent in the ... Read More »

KCCI appeals Sindh govt to relook decision to shut down business activities for two days a week

KARACHI: Chairman Businessmen Group & Former President KCCI Zubair Motiwala and President Karachi Chamber of Commerce & Industry (KCCI) Shariq Vohra have appealed the Sindh Government to relook the decision to shut down all types of commercial/ business activities for two consecutive days a week which was tantamount to mass killing of the already perturbed small traders and shopkeepers who ... Read More »

E&T dept upgrading online tax payment system, facility to improve further in future: DG Munir Zardari

KARACHI: Director General Excise & Taxation (E&T) and Narcotics Control Sindh Muneer Ahmed Zardari has said that E&T Dept was in the process of further upgrading its online tax payment system which might not be ideal today but was much better than what it had been in the past and would improve further in the days to come when the ... Read More »

KCCI welcomes appointment of Hammad Azhar as Finance Minister

KARACHI: Chairman Businessmen Group (BMG) & Former President KCCI Zubair Motiwala and President KCCI Shariq Vohra, while warmly welcoming the appointment of Hammad Azhar as Federal Finance Minister, stated that the business & industrial community of Karachi highly appreciates and fully supports Prime Minister’s prudent decision and hopes that the newly appointed Finance Minister would take necessary practical steps to ... Read More »

FBR should stop intelligence, investigation raids: KCCI

KARACHI: Federal Board of Revenue (FBR) has been urged to stop raids by Directorate of Intelligence and Investigation and their focus should be on new taxpayers instead existing taxpayers. Karachi Chamber of Commerce and Industry (KCCI) in its proposals for budget 2021/2022 pointed out misuse of powers by tax officials under Section 38B of Sales Tax Act, 1990. The chamber ... Read More »

KCCI members advised to get membership renewed by March 31, 2021

KARACHI: The Karachi Chamber of Commerce & Industry (KCCI), in a statement issued, advised all its members to renew their KCCI membership by March 31, 2021 in order to avoid any inconvenience. The process of membership renewal is currently underway at the Karachi Chamber for the year 2021-22 and as per Trade Organizations Act 2013, the last date for renewal ... Read More »

109th rank became possible due to dedication, sacrifices by policemen: IGP Ghulam Nabi

KARACHI: Additional Inspector General of Police Ghulam Nabi Memon has said that Karachi, which was ranked 6th in the list of world’s most dangerous cities in 2013, descended to 64th position last year and was now ranked 109th, signifying the drastic improvement in law & order situation which became possible due to hard work, dedication and sacrifices made by police ... Read More »

Envoy assures to share info about Pakistan’s potential sectors, opportunities with German investors

KARACHI: Ambassador of Germany Bernhard Stephan Schlagheck has assured to share information about the potential sectors and opportunities available in Pakistan amongst those German companies who might be interested in investing in this market that would improve relations between the business communities of the two countries. The assurance was given by the envoy at a meeting during his visit to ... Read More »

KMC Administrator announces to form Committee in collaboration with KCCI

KARACHI: Administrator Karachi Metropolitan Corporation (KMC) Laeeq Ahmed, while responding to the hardships being faced by displaced shopkeepers whose business premises were razed in the anti-encroachment drive, announced to form a committee comprising KMC and KCCI representatives so that the issues pertaining to relocation of businesses at irrelevant markets, delays in handing over possessions, notices by anti-encroachment department and other ... Read More »

Examination can be expedited but customs authorities reluctant to give WEBOC access: Brig. Waqar

KARACHI: Commandant Anti-Narcotics Force (ANF) Brig. Syed Waqar Haider Rizvi has said that ANF’s examination procedure can be expedited if it was given access to WEBOC system which was being demanded since last three years but unfortunately Customs authorities were reluctant to give WEBOC access. “If we get access to WEBOC, it would make things easier for us and minimize ... Read More »

Women Entrepreneurs urged to highlight achievements, set goals for next year

KARACHI: Members Provincial Assembly Nusrat Bano Sehar Abbasi and Tanzila Umi Habiba have stressed the need to change the mindset of society as working women are still not acceptable at higher ranks and they face a lot of problems in dealing with the affairs in this male-dominating society because a woman as boss was still unbearable for many men. Speaking ... Read More »

KCCI terms Pakistan-Qatar LNG deal as ‘wonderful achievement’

KARACHI: Chairman Businessmen Group (BMG) & Former President Karachi Chamber of Commerce & Industry (KCCI) Zubair Motiwala, while terming the signing of a long-term LNG supply contract between Pakistan and Qatar as ‘wonderful achievement’, stated that KCCI and all its affiliated trade bodies warmly welcome and highly appreciate the deal between Pakistan and Qatar which was the result of joint ... Read More »

KCCI asks Dar to stop illegal trade of dry coconut on LOC

KARACHI: President of the Karachi Chamber of Commerce and Industry (KCCI), Iftikhar Ahmed Vohra, has asked Federal Finance Minister Ishaq Dar to curb illegal trade between Azad Kashmir and Indian Occupied Kashmir. In a letter sent to the finance minister, the KCCI president stated that some of the firms have complained about misuse of Cross LoC Trade between Azad Kashmir ... Read More »

Siraj Teli extends support to Sindh govt for cleanliness of city

KARACHI: Businessmen Group (BMG) Chairman and former Karachi Chamber of Commerce and Industry (KCCI) President Siraj Kassam Teli, while appreciating Sindh government’s initiative to observe ‘Clean, Green and Peaceful Sindh’ week, stated that KCCI warmly welcomes and officially supports this initiative but this campaign should not just remain active for a week only and should continue throughout the year so ... Read More »

Afghan government will take serious measures to dismantle smuggling: Ashraf Ghani

KABUL: A delegation of Pakistan-Afghanistan Joint Chamber of Commerce and Industry (PAJCCI) met President of Afghanistan, Mohammad Ashraf Ghani in Kabul to discuss matters of mutual interests, besides exploring ways and means to enhance the existing trade and investment ties between the two countries. PAJCCI delegation, which was led by President Karachi Chamber of Commerce and Industry (KCCI) Iftikhar Ahmed ... Read More »

KCCI requests FBR to elucidate Sales Tax notices issue

KARACHI: Karachi Chamber of Commerce and Industry Senior Vice President Muhammad Ibrahim Kasumbi has requested the Federal Board of Revenue (FBR) to order the concerned authorities for clarifying the issue of Sales Tax notices which are being constantly issued to taxpayers. SVP KCCI in a letter issued to Shahid Hussain Asad, Member IR Policy FBR advised to make necessary announcements ... Read More »

KCCI urges Dar, FBR chief to take notice of harassment to importers

KARACHI: President, Karachi Chamber of Commerce and Industry Iftikhar Ahmed Vohra, has urged Federal Finance Minister Ishaq Dar and Chairman Federal Board of Revenue Tariq Bajwa to take notice of the harassment being caused by Land Customs and Directorate of Intelligence & Investigation. In a statement, President KCCI said that representatives of Goods Carriers Association and many of KCCI members, ... Read More »

Onart calls for further strengthening of Pak-Turkish trade ties

KARACHI: Consul General of Turkey in Karachi Murat M. Onart has stressed the need for further strengthening of trade relations between Pakistan and Turkey as the existing trade volume between the two countries does not depict the true trade potential. Speaking at a meeting during his visit to the Karachi Chamber of Commerce and Industry, Turkish CG said that Pakistan ... Read More »

Lawlessness causes capital flight from Karachi: KCCI chief

KARACHI: An 11-member delegation of 16th Senior Management Course of National Management College Lahore led by Director (NMC) Hamid Hameed Waris visited the Karachi Chamber of Commerce and Industry (KCCI) on an Inland Study Tour. During its visit, the NMC delegation met KCCI President, Iftikhar Ahmed Vohra, Senior Vice President KCCI, Mohammad Ibrahim Kasumbi, Vice President KCCI, Agha Shahab Ahmed Khan ... Read More »