Pakistan’s Economic Transformation Hinges on Stronger Industry and Innovation Linkages
Islamabad Chamber of Commerce and Industry President Sardar Tahir Mehmood has stressed the need to strengthen links between industry, innovation, investment and entrepreneurship to support Pakistan’s economic transformation and global competitiveness.
FBR And Business Groups Agree To Establish Joint Tax Facilitation Committees
Federal Board of Revenue has agreed to establish joint committees with major business bodies to resolve taxpayer grievances, improve tax processes, accelerate refunds and strengthen private sector engagement.
Government, FPCCI sign MoU under Uraan Pakistan to support exports and $3 trillion economy vision
The federal government and FPCCI have signed an MoU under the Uraan Pakistan programme to promote export-led growth, strengthen public-private collaboration, and work towards a $3 trillion economy by 2047.
SIFC-Led Session Flags Regulatory Bottlenecks as Key Concern for Pakistan’s Business Community
Key economic ministries and regulators have been directed to resolve regulatory bottlenecks after trade bodies raised concerns during an interactive session held under the Special Investment Facilitation Council platform.
Petroleum Division and Ogra Urged to Resolve Grid Levy and RLNG Charges Issues for Textile Sector
The Ministry of Finance has directed the Petroleum Division and Ogra to resolve issues regarding the grid transition levy and retrospective RLNG charges for the textile sector. Business representatives argue that these charges are causing severe financial strain, urging reclassification of high-efficiency plants and updates on RLNG actualization.
Parliament Rejects Proposal to Expand FBR’s Surveillance Powers at Industrial Sites
Parliamentary committees have blocked controversial proposals in the Finance Bill 2025-26 that aimed to empower FBR with intrusive surveillance powers at factories. The move sparked debate on privacy, abuse of authority, and business environment implications while other fiscal reforms were approved.