Maggo forms Policy and Research Board comprising of top-level economists

Karachi, April 19, 2021 (PPI-OT): Federation of Pakistan Chambers of Commerce and Industry (FPCCI) president Mian Nasser Hyatt Maggo has formed a Policy and Research Board comprising top economic, business, trade, and industry experts. FPCCI is the apex representative body of the business, industry, and trade community of Pakistan.
On 13th of April, the Executive Committee of FPCCI approved the proposal unanimously. Read More…

Obaid Saleem Patel appointed as convener FPCCI body

Karachi, April 14, 2021 (PPI-OT): President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Mian Naseer Hayatt Magoo has appointed Obaid Saleem Patel as Convener FPCCI Central Standing Committee on Urban Development for the year 2021.
According to a statement issued on Wednesday, Magoo hoped that based on his past experience as convener of the same committee last year, he would benefit business coRead More…

China offers full support to Pakistani Business Community

Karachi, April 12, 2021 (PPI-OT): H.E. Nong Rong, Ambassador of the People’s Republic of China along with Mr. Li Bijian, Consul General of China at Karachi along with his team visited the Federation of Pakistan Chambers of Commerce and Industry. The meeting took note of various subjects pertaining to economic relationship between Pakistan and China particularly in reference to China Pakistan Economic Corridor and CRead More…

FPCCI Organizes Interconnected Business Series II: Pakistan and Turkey

Karachi, April 08, 2021 (PPI-OT): Pakistan Turkey Joint Business Council (PTJBC) of The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and Foreign Economic Relations Board of Turkey (DEİK) organized a joint meeting/session “Interconnected Business Series: Turkey Pakistan” at Federation House, Karachi and DEIK Head Office, Istanbul, Turkey virtually to enhance the bilateral trade and economic reRead More…

Pre-Budget Withdrawal of Exemptions infects the ease of doing business: Nasser Hyatt Maggo President FPCCI

Karachi, March 29, 2021 (PPI-OT): Mian Nasser Hyatt Maggo, President of Federation of Pakistan Chambers of Commerce and industry said that under the prevalent difficult condition of COVID-19, the pre-budget withdrawal of number of exemptions will affect trade and industry negatively, which is based on planning of fiscal based promised position for year up to June-2021. Such non-predictability is against the sustainabRead More…

FPCCI Appreciates FBR for improving Ease of Doing Business through speedy clearance of goods imported by ERSTWHIL FATA/PATA, Mian Nasser Hyatt Maggo, President FPCCI

Karachi, March 25, 2021 (PPI-OT): Mian Nasser Hyatt Maggo, President and Mr. Nasir Khan Vice President of the Federation of Pakistan Chambers of Commerce and Industry appreciated the FBR for its efforts to improve ease of doing business and trade facilitation by allowing clearance of goods imported by ERSTWHIL FATA/PATA and installations of tracking devices manually to ensure en-route monitoring and tracking till theRead More…

FBR urged to withdraw notices issues under section 161(1A) of Income Tax Ordinance 2001: Mian Nasser Hyatt Maggo, President FPCCI

Karachi, March 22, 2021 (PPI-OT): Mian Nasser Hyatt Maggo, President of the Federation of Pakistan Chambers of Commerce and Industry strongly demanded Chairman FBR to withdraw notices issued by the officials under section 161(1A) of Income Tax Ordinance 2001 read with rule 44(4) of income tax rules 2002.
President FPCCI informed that a compliant tax payer is obliged to deduct tax at source under various sections of tRead More…

FPCCI initiates dialogue with businessmen for economic uplift

Karachi, March 17, 2021 (PPI-OT): Mian Nasser Hyatt Maggo President of the Federation of Pakistan Chambers of Commerce and Industry has initiated on regular basis to interact with the business community to seek their ideas and strategic measures to improve business environment and economic development of Pakistan. The FPCCI has invited all leading businessmen, industrialists, trade bodies to participate in the Open HRead More…

Warehousing period limitation should be enhance to avoid negative impact of price fluctuation Mian Nasser Hyatt Maggo, President FPCCI

Karachi, March 15, 2021 (PPI-OT): Mian Nasser Hyatt Maggo, President of the Federation of Pakistan Chambers of Commerce and Industry said that due to COVID-19 commercial activities are down causing overstay of consignments and subsequently facing surcharge on clearance. During the meeting of the FPCCI Advisory Council on Budget various issues were discussed including period of limitation of warehousing.
The PresidentRead More…

Restriction Under Section 8B of the Sales Tax Act, 1990 Causes Financial Hardship Mian Nasser Hyatt Maggo, President FPCCI

Karachi, March 10, 2021 (PPI-OT): Advisory Council of the Federation of Pakistan Chambers of Commerce and Industry on Budget finds various laws and regulations that do not generate much revenue on the other hand badly affecting ease of doing business ranking of Pakistan.
Mian Nasser Hyatt Maggo President FPCCI in this regards has already communicated to the Prime Minister and other concerned ministries for such impedRead More…