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FPCCI opposes Covid restrictions, asks including nominee in Sindh task force

FPCCI opposes Covid restrictions, asks including nominee in Sindh task force July 27, 2021 KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Monday raised objections against the new SOPs being enforced by Sindh from this week, and demanded the government to take the chambers’ nominees onboard the provincial Covid Task Force. FPCCI President Mian Nasser Hyatt Maggo said they were the main stakeholders in the province, and therefore should have a nominee in the task force. “Being the apex representative body of business, industry and trade community of Pakistan, we are receiving innumerable complaints regarding ease of doing business being turned upside down in the name of Covid SOPs.”

Dagha appointed FPCCI s think tank chairman

Dagha appointed FPCCI’s think tank chairman Business April 18, 2021 KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has appointed Younus Dagha, a former federal secretary for water and power, commerce and finance as the chairman of its newly-formed policy and research board. “Dagha is one of Pakistan s most accomplished and celebrated civil servants and commands astounding grip over major aspects of the economy and its important sectors,” the FPCCI said in a statement. The president of the FPCCI formed a policy & research board comprising of top-level economic, business, trade, and industry experts. FPCCI is the apex representative body of the business, industry, and trade community of Pakistan. On 13 of April, the executive committee of FPCCI approved the proposal unanimously.

FBR Asked to Abolish the Condition of CNIC on Sales in Next Budget

FBR Asked to Abolish the Condition of CNIC on Sales in Next Budget Business and trade bodies have strongly recommended the Federal Board of Revenue (FBR) to abolish the computerized national identity card number (CNIC) condition on sales in the coming budget (2021-22). The issue of the CNIC was discussed during the meeting of Mian Nasser Hyatt Magoo, President Federation of Pakistan Chambers of Commerce and industry held with Chairman FBR along with senior officials from Customs and IRS. The members from different trade bodies invited the attention of FBR towards the CNIC condition on sale which is counterproductive to required sales tax collection as well as impede the industrial production and markets sales. Nowhere in the world CNIC or identity is asked from buyers, Pakistan is the only example set by FBR causing problems in business, in specific promoting the agitations on street by the agents of sales of produce, the conducting of small business be settled in peace by removin

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