Tue, 21-Oct-2025

FPCCI president says to be ready to give all possible support to SC in tax cases

FPCCI president says to be ready to give all possible support to SC in tax cases

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and business community are ready to provide all possible support and assistance to the Supreme Court in tax cases, said President FPCCI Atif Ikram Shaikh. The FPCCI chief said, “We are thankful to the Chief Justice of Pakistan Justice Yahya Afridi for taking the … Read more

Statements by non-elected and unrelated persons reveal their nefarious motives: FPCCI

FPCCI

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) strongly rejects the unfounded accusations leveled against its President, Mr. Atif Ikram Sheikh, by a disgruntled and frustrated member of the previous ruling group,Statements by non-elected and unrelated persons reveal their nefarious motives, these accusations come from a failed leader who suffered a resounding defeat … Read more

Uzbek Ambassador Oybek Arif Usmanov calls on FPCCI President Atif Ikram Sheikh

Uzbek Ambassador

Islamabad: Ambassador of the Republic of Uzbekistan Oybek Arif Usmanov called on FPCCI President Atif Ikram Sheikh at capital office Islamabad and discussed various issues including bilateral trade, cooperation, investment, Pakistan Uzbekistan Business Council and exchange of trade delegations. The Uzbek ambassador was accompanied by Bakurum Yusov Economic and Trade Consul of Uzbekistan. FPCCI President … Read more

FPCCI President Calls for Rational Taxation and Consultation with Stakeholders

President FPCCI hopeful about single digit interest rate by early 2025

Atif Ikram Sheikh, President of FPCCI, urges rational taxes and expanding the tax net instead of new taxes. He stresses the need for modernizing the tax system to ease tax compliance for businesses. Sheikh highlights the requirement for tax filers to join Pakistan’s chambers and advocates for fair taxation. Islamabad, President of the Federation of … Read more

FPCCI criticises banks for not issuing forms for land trade with Turkey

FPCCI

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) criticised the commercial banks for not issuing import and export forms for land-based trade with Turkey, a statement said on Thursday. FPCCI president Mian Nasser Hyatt Maggo said that the commercial banks were reluctant to issue export forms (e-forms) and import forms (i-forms) for … Read more

FPCCI suggests interprovincial sugar trade

FPCCI

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has suggested interprovincial trade of sugar and sugarcane to avoid shortage of the commodity in the country. FPCCI president Mian Nasser Hyatt Maggo proposed that the inter-provincial trade and transportation of sugar and sugarcane should be allowed to end disparity in the prices and … Read more

No relief to businessmen: FPCCI accuses tax authorities of manipulating budget

FPCCI

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has accused the tax authorities of manipulating the Federal Budget 2021/22 by proposing anti-business and anti-growth measures in the document. In this regard, the apex trade body sent a letter to Prime Minister Imran Khan on Thursday and held the Federal Board of Revenue … Read more

FPCCI welcomes Pakistan-China agreement for Azad Pattan Hydel Power Project

FPCCI

The Federation of Pakistan Chambers of Commerce and Industry president Mian Anjum Nisar has welcomed the Pakistan-China agreement for construction of Azad Pattan Hydel Power Project of 700MW of electricity, as part of the CPEC, suggesting the government to also include more hydropower projects in its plan, as the country cannot afford to rely on … Read more

Local currency under pressure due to falling foreign reserves, says FPCCI

FPCCI

FPCCI President Mian Anjum Nisar says local currency under pressure due to falling foreign reserves, rising outflows amid debt repayments. The Federation of Pakistan Chambers of Commerce and Industry president Mian Anjum Nisar has urged the government to control surge of dollar against Pakistani currency, as the rupee has dropped to more than two-month low of … Read more