great concerns Archives

ICCI calls for strong measures to address massive hike in inflation Average rate of inflation in January 2022 was around 13 %, which has crossed 30 % in January 2023, which is a historic increase in inflation in one year

On: January 10, 2023

Tagged: great concerns, Hike in inflation, Increased 500%, Islamabad Chamber, Pakistan Bureau of Statistics, Price of onion

ISLAMABAD ( Web News ) Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry has expressed great concerns over the massive hike in inflation in Pakistan that has made life miserable for the common man besides affecting the business activities. He called upon the government to take strong measuresRead More →

ICCI calls for withdrawal of sales tax registration notices to traders FBR is issuing notices, which has created great concerns in the business community. Islamabad Chember

On: June 1, 2022

In: Commerce and Industry

Tagged: business community, FBR issuing notices, forcibly registering, great concerns, Islamabad Chamber, sales tax

ISLAMABAD ( Web News ) Muhammad Shakeel Munir, President, Islamabad Chamber of Commerce and Industry, said that the FBR is issuing notices to the traders for registration in sales tax and POS system, which has created great concerns in the business community. He urged that FBR should refrain from forciblyRead More →

ICCI calls for taking urgent measures to end the power crisis Loadshedding, would badly affect the economic activities besides making life of the common man more miserable

On: April 29, 2022

In: Commerce and Industry

Tagged: 6000 to 7000 MW, great concerns, Islamabad Chamber, loadshedding, power shortage

ISLAMABAD ( Web News ) Muhammad Shakeel Munir, President, Islamabad Chamber of Commerce & Industry (ICCI) has expressed great concerns over the rising power crisis in the country as the power shortage has reportedly shot up to 6000 to 7000 MW and called upon the government to take urgent measuresRead More →

ICCI shows concerns over growing risks for economy All stakeholders should put their heads together and play a role to restore political stability in Pakistan

On: March 29, 2022

In: Commerce and Industry

Tagged: great concerns, Islamabad Chamber, Ministry of Finance, political conditions, risks for economy

ICCI shows concerns over growing risks for economy ISLAMABAD ( Web News ) Muhammad Shakeel Munir, President, Islamabad Chamber of Commerce and Industry (ICCI) has shown great concerns over the growing risks for economy as according to a report of Ministry of Finance, the escalation of geopolitical tensions and domesticRead More →

ICCI shows concerns over mini-budget that would hit businesses and hike inflation Finance Bill 2021,putting unbearable burden on the common man and causing further slump in the economic activities.

On: January 1, 2022

In: Commerce and Industry

Tagged: Finance Bill 2021, great concerns, Islamabad Chamber, mini-budget, unbearable burden

ISLAMABAD ( Web News ) The Islamabad Chamber of Commerce and Industry (ICCI) has shown great concerns over the presentation of a mini-budget in the national assembly as its passage would hit the growth of many businesses and unleash a new wave of high inflation across the country putting unbearableRead More →

ICCI shows concerns over rising debt burden on the economy

On: October 6, 2021

In: Commerce and Industry

Tagged: business community, govt's total debt, great concerns, increased 11 %, Islamabad Chamber

ISLAMABAD ( Web News ) Muhammad Shakeel Munir, President, Islamabad Chamber of Commerce and Industry, said that the central government’s total debt has increased by more than 11 per cent in the last one year, which should be a matter of great concerns for the policymakers as the rising debtRead More →

ICCI shows concerns over gas load shedding for industry

On: June 30, 2021

In: Commerce and Industry

Tagged: federal capital, gas load shedding, great concerns, Islamabad Chamber, productivity

ISLAMABAD ( Web News ) The Islamabad Chamber of Commerce & Industry (ICCI) has shown great concerns over the gas load shedding to industry in the federal capital as it would badly affect their productivity and ultimately hurt the overall economy. Sardar Yasir Ilyas Khan, President, Islamabad Chamber of CommerceRead More →

Great concerns over the 400 percent hike in tax rates on the turnover of flour mills

On: June 23, 2021

In: Commerce and Industry

Tagged: 400 percent hike, great concerns, Islamabad Chamber, turnover of flour mills

ISLAMABAD ( Web News ) The business community in a meeting at Islamabad Chamber of Commerce & Industry (ICCI) has expressed great concerns over the 400 percent hike in tax rates on the turnover of flour mills and called upon the government to immediately withdraw this unprecedented hike to saveRead More →