LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has welcomed the Punjab government’s decision to withdraw an increase in the property tax, a statement said. The Excise, Taxation and Narcotics Control Department has issued a notification, in this regard. LCCI president Mian Nauman Kabir, senior vice president Mian Rehman Aziz Chan and vice president … Read more
LAHORE: The net metering connections will be initiated next month, a power utility official said. Speaking at a meeting at the Lahore Chamber of Commerce and Industry (LCCI), Lahore Electric Supply Company (Lesco) chief executive officer Chaudhry Muhammad Amin said that the industries were the first priority of the power utility. LCCI senior vice president Mian Rehman … Read more
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has urged the government to incentivise the local auto industry in the upcoming auto policy to ensure production of high-tech parts/components locally, a statement said. LCCI president Mian Nauman Kabir said that the localisation in the auto sector was limited to the manufacturing of steel metal, … Read more
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has urged the government to withdraw the recent increase in property valuation, a statement said. LCCI president Mian Nauman Kabir said that there is a need to take business-related decisions after due consultation with the stakeholders. The Federal Board of Revenue (FBR) decision would affect not … Read more
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has suggested a three-pronged strategy for strengthening the economy, a statement said. Referring to heavy fall in the KSE-100 Index, LCCI president Mian Nauman Kabir said that it was temporary and the investors should not worry and expressed the hope that the stock exchange would start … Read more
LAHORE: Speakers at the launching ceremony of a report have stressed the need for devising short-term and long-term strategies for achieving potential growth of the economy. Speaking at the launching of “The state of the economy: changing world-Pakistan reset” at the Lahore Chamber of Commerce and Industry (LCCI), they highlighted critical challenges that needed to … Read more
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) and the Multan Chamber of Commerce and Industry (MCCI) have agreed to make joint efforts for the promotion of trade and industry, a statement said. The decision was made at a meeting of the office-bearers of both the chambers at the LCCI office. As per the … Read more
LAHORE: Double taxation, high cost of doing business and the lack of infrastructure in the market were big challenges, an official said. Talking to a delegation of the Textile Traders Association of Pakistan, Lahore Chamber of Commerce and Industry president Mian Nauman Kabir said that the resolution of these issues is in the interests of … Read more
LAHORE: Ambassador of Azerbaijan to Pakistan Khazar Farhadov has vowed to strengthen trade and economic ties with Pakistan, saying there was a need of collective efforts from the business community of both sides to tap huge trade potential, a statement said. Speaking at the Lahore Chamber of Commerce and Industry (LCCI), he called for improving direct … Read more
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has stressed the need for measures to control inflation and stabilise the exchange rate for providing some relief to the business community. LCCI president Mian Nauman Kabir, who was heading a delegation, gave various suggestions to President Dr Arif Alvi for resolving the issues being faced … Read more
LAHORE: Taking care of less-privileged people of the society was everyone’s responsibility, an official said. Speaking at a function organised by the Saya Welfare Foundation at the Lahore Chamber of Commerce and Industry, Federal Minister for Religious Affairs and Interfaith Harmony Pir Noor ul Haq Qadri said: “It is our collective responsibility to serve the … Read more
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has expressed concern over the State Bank of Pakistan’s (SBP) decision to raise the key policy rate by 150 basis points to 8.75 percent, a statement said. “Availability of equity to the business community has been made dearer with a single stroke of pen,” LCCI president … Read more
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has suggested doing trade with China in local currencies to reduce pressure on the foreign exchange reserves. Talking to delegations of Anjuman-e-Tajiran Lahore, Pakistan Steel Melters Association and Ferozepur Road Industrial Association, LCCI president Mian Nauman Kabir said that the chamber has requested the prime minister … Read more
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has demanded extension in filing income tax returns till December 31, 2021, a statement said. LCCI president Mian Nauman Kabir, senior vice president Rehman Aziz Chan and vice president Haris Ateeq said that a large number of businessmen could not file tax return due to the … Read more
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has opposed giving tax official powers of freezing bank accounts for the recovery of taxes. In a statement, LCCI President Mian Nauman Kabir, senior vice president Mian Rehman Aziz Chan and vice president Haris Ateeq said that now the tax officials could freeze bank accounts without … Read more
LAHORE: Lahore Chamber of Commerce and Industry president Mian Nouman Kabir, senior vice president Rahman Aziz Chan and vice president Harris Attique called on Punjab Chief Minister Sardar Usman Buzdar and discussed problems being faced by the business community. The chief minister assured them of resolving the issues of industrialists and reiterated that the government … Read more
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has urged the government to facilitate carpet industry, as it could earn huge foreign exchange for the country, a statement said. Talking to a delegation of the Pakistan Carpets Manufacturers and Exporters Association (PCMEA), the LCCI office-bearers suggested removing hurdles in transportation of raw materials, unwashed/unfinished … Read more
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has urged the government to take immediate measures for saving the hospitality industry, a statement said. Talking to the delegation of the Lahore Hotels and Tourism Association, LCCI president Mian Nauman Kabir said that the pandemic has caused a serious blow to the hospitality industry. Asif … Read more
LAHORE: A delegation of the Pakistan Coating Association (PCA) has called on Lahore Chamber of Commerce and Industry (LCCI) office-bearers and apprised them about the problems being faced by the industry, a statement said. The delegation headed by its central chairman Moazzam Rasheed said that the industry exports goods worth more than $100 million. If … Read more
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has urged the Oil and Gas Regulatory Authority (Ogra) to revise the petroleum products price fixation formula, as fortnightly change is affecting the estimated cost of doing business, a statement said on Saturday. LCCI president Mian Tariq Misbah raised the issue during a meeting with Member … Read more
LAHORE: PIAF-Founders Alliance has won the Lahore Chamber of Commerce and Industry (LCCI) elections unopposed for the year 2021/22. The ruling panel achieved rare feast of winning all the executive committee slots without a contest after 29 years when one candidate each for corporate and associate class withdrew nomination papers on Saturday. Three-member Election Commission, … Read more
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has urged the State Bank of Pakistan (SBP) to intervene for stabilising the rupee, a statement said. LCCI president Mian Tariq Misbah said that the free-fall of the rupee poses serious challenges to the economy, adding that the depreciation in the local currency would increase the … Read more
LAHORE: Lahore Chamber of Commerce and Industry (LCCI) president Mian Tariq Misbah has welcomed the execution of renewable energy projects under the China-Pakistan Economic Corridor (CPEC) and said that the hydel power projects were necessary to cope with the future energy and water challenges. “The CPEC has brought renewable energy projects and improvement of the … Read more
LAHORE: Punjab Minister for Excise and Taxation Hafiz Mumtaz Ahmad has assured withdrawal of the recent increase in property tax. Speaking at a meeting of stakeholders at the Lahore Chamber of Commerce and Industry (LCCI), he said the rebate facility has been restored for two weeks. Finance Minister Hashim Jawan Bakht, Excise and Taxation secretary … Read more
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has urged the federal finance minister and the Federal Board of Revenue (FBR) chairman to extend the date for filing income tax returns till December 31, 2021, a statement said. LCCI president Mian Tariq Misbah, senior vice president Muhammad Nasir Hameed Khan and vice president Tahir … Read more
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) on Saturday urged the government to facilitate exports to new markets to overcome widening trade deficit. LCCI president Mian Tariq Misbah, senior vice president Muhammad Nasir Hameed Khan and vice president Tahir Manzoor Chaudhry have expressed concerns over 133 per cent increase in the trade deficit … Read more
LAHORE: The government is establishing a Software Technology Zone in Lahore for growing exports and generating employment opportunities, a government official said. Speaking at the inauguration of the newly-renovated Amin Hall at the Lahore Chamber of Commerce and Industry (LCCI), Punjab Finance Minister Makhdoom Hashim Jawan said that Lahore would become a major business hub … Read more
LAHORE: Following the opposition’s boycott and completion of scrutiny of nomination papers, PIAF-Founders Alliance is set to grab all seats without a contest in the Lahore Chamber of Commerce and Industry (LCCI) elections for the year 2021/22. Winning the election unopposed will be a rare feast achieved by the ruling panel after around three decades. … Read more
