Street crime re-emerging fast in Karachi
KARACHI: As the holy month of Ramadan is closing in, there has been a sudden surge in street crime in the Karachi as well as the prices of essential goods…
Country’s budgetary receipts lean on external sources
KARACHI: Pakistan’s budget receipts are largely dependent on the funding from external sources as the economic managers have estimated Rs896 billion from external sources during 2015-16, which include both planned…
Shipping companies barred from making amendments in IGM
KARAHI: The Directorate of Reforms and Automation has made necessary changes in the WeBOC system and barred the shipping lines from making amendments in Import General Manifest (IGM) after the…
Minimum rate of customs duty increased to 2.0 percent, overall duty structure rationalized
KARACHI: The Ministry of Finance through the Federal Budget 2015-16 has increased the minimum rate of customs duty to 2.0 percent from 1.0 percent earlier, while duty structure has also…