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Exporters reject 'final, normal tax regimes' - Business Recorder

KARACHI: The value-added textile exporters on Monday dismissed the proposed “imposition” of Final Tax and Normal Tax. ....

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Value-added sector warns gas blackout to hit exports

KARACHI: Value-added textiles exporters on Saturday said the industry was on the brink of a breakdown owing to over a 100-day long gas blackout and. ....

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Trade bodies reject Sindh government's move to increase minimum wage

Daily Times
July 30, 2021
KCCI-karachi-chamber-of-commerce-IndustryTrade bodies including the Karachi Chamber of Commerce and Industry (KCCI) have rejected the Sindh government’s move to increase minimum wages by 43 percent and called it an unconstitutional step with negative consequences.
The KCCI issued a statement here and said industries of Sindh particularly of Karachi were highly aggrieved and perturbed by the Sindh government’s move to increase the minimum wage from Rs17,500 to Rs25,000 without following due process of law and contrary to the provisions of Sindh Minimum Wage Act 2015 and ILO’s minimum wages fixation convention 1970.
The increase in the minimum wage would make industries of Sindh uncompetitive and unviable to operate, not locally but also globally, it stated, adding that minimum wage in the centre and Punjab was Rs20,000 while in Khyber Pakhtunkhwa (KP) and Balochistan it was Rs21,000 and the minimum wages fixed by Sindh were not equita ....

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