Pakistan Customs, Tax, Shipping & Business News Resource
ISLAMABAD: Simon Penney underlined the importance of post-Brexit bilateral trade between Pakistan and UK, and resolved to maintain the same market access to Pakistan as it enjoys with EU countries…
ISLAMABAD: Federal Board of Revenue (FBR) has announced that the automated system for sales tax registration will be effective from 1st July, 2019. The following procedure is proposed and the…
KARACHI: Federal Board of Revenue (FBR) has issued instructions to all the Custom field offices to remain open and observe extended working hours till 10:00 pm on 29th June, 2019…
KARACHI: A customs appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Zulfiqar Ahmed Khan on Monday ordered issuance of notices to the Chairman…
KARACHI: The officials of Collectorate of Customs, MCC Hyderabad were ordered to produce a Toyota Hiace wagon detained for being allegedly smuggled vehicle. Appearing for the petitioner Ghulam Haider, Ms…
DUBAI: Visa Inc. today announced new analysis showing Visa Advanced Authorization (VAA) using artificial intelligence (AI) helped financial institutions prevent an estimated $25 billion in annual fraud-making the global payment…
KARACHI: The Federal Board of Revenue (FBR) has approved conducting stock-taking of closing stocks/inventories maintained by taxpayers of five zero-rated/reduced rate of tax sectors, so that inventories chargeable to 17…
QUETTA: Customs Preventive Quetta has foiled a bid to smuggle large quantity of narcotics worth millions of rupees near Baleli check post. Information was received through Collector MCC Preventive Quetta…
KARACHI: Total electricity generation during May 2019 registered 4.0 percent YoY increase to 12,604 Gwh against 12,118Gwh in the corresponding month of last year, as per latest data released by…
PARIS, FRANCE: Forwardis, a SNCF Logistics subsidiary and one of Europe’s leading rail and multimodal freight transport providers announced the signing of a major ERP Transformation program with next-gen enterprise…
LONDON: Pension Insurance Corporation plc, a specialist insurer of defined benefit pension funds, has concluded £5.8 billion of buyouts and buy-ins with the trustees of defined benefit pension schemes and…
NEW YORK: StatPro Group plc, the AIM listed provider of cloud-based portfolio analytics and asset pricing services for the global asset management industry, and the Corporate & Investment Bank of…
LONDON: Morses Club PLC, the UK’s second largest home collected credit lender, has acquired U Holdings Limited, trading as U Account, through its fully owned subsidiary Shelby Finance Limited. The…
ORLANDO, USA: 600 Group PLC, the diversified industrial engineering company, announced the acquisition of US-based Control Micro Systems Inc. (CMS), an industry-leading solutions provider for integrated laser applications. CMS provides…
LONDON: SysGroup PLC, the multi award-winning managed IT services and cloud hosting provider has acquired 100% of the issued share capital of Hub Network Services Limited, a well-established B2B managed…
DUBAI: ADES International Holding, a leading oil & gas drilling and production services provider in the Middle East and North Africa (MENA) through its subsidiaries, announced that it has been…
SINGAPORE: Rex International Holding Limited, a technology-driven oil company, announced that its 90 percent subsidiary Lime Petroleum has on 21 June 2019, signed an agreement with DEA Norge to acquire…
SYDNEY: MTI Wireless Edge Ltd, a technology group focused on comprehensive communication and radio frequency solutions across multiple sectors, announced that its fully owned subsidiary, Mottech Water Solution Ltd, has…
LONDON, UK: Out-of-home media owner Ocean Outdoor has extended its global alliance of premium digital screens across China having secured a new partnership with Phoenix Metropolis Media Technology Co Ltd.…
LONDON: AFC Energy, the leading alkaline fuel cell power company, has confirmed plans to manufacture and showcase its latest zero emission, off grid, multi-vehicle Electric Vehicle (EV) charging system in…