APTMA expresses great concern over increase in custom duty

KARACHI: APTMA has expressed great concern over the callous attitude of the government in increasing the duty on import of raw cotton from 2 per… Continue reading

PBA sends letter to Chairman FBR to reconsider its budget proposals

KARACHI: The federal finance ministry has again imposed 4 per cent super tax on banks tax income and rejected all proposals of the Pakistan Banks… Continue reading

Federal Budget 2016-17 brings relief to almost all sectors, custom duties reduced, strict measures against non filers proposed

KARACHI: Federal Finance Minister Senator Ishaq Dar announced relief and special measures for almost all sectors of economy besides a substantial increase in salaries of… Continue reading

Customs Adjudication presents proposals to streamline the process

KARACHI: The Collectorate of Customs Adjudication had recommended several measures in its proposals for federal budget 2016-17, which would streamline the entire adjudication process. It… Continue reading

PSX taxation recommendations will increase government’s revenues

KARACHI: The Pakistan Stock Exchange (PSX) has urged the government to consider its proposals for federal budget 2016-17 as these would increase investment in the… Continue reading

FBR receives list of 53 Customs officers/officials, who need to be investigated

KARACHI: The Federal Board of Revenue (FBR) has received a list of 52 officers/officials of Customs Anti-smuggling Organization (ASO) and Customs Intelligence & Investigation (I&I),… Continue reading

Theft of transshipment cargo be made criminal offence for importer: MCC Lahore

KARACHI: The MCC Appraisement Lahore in its proposals for Federal Budget 2016-17 has suggested that pilferage/removal of goods during transshipment must be made a criminal… Continue reading

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