Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Justice Junaid Ghaffar of High Court of Sindh (SHC) decreed a suit filed by an importer Fazl-e-Rabbi who sought suspension of seizure and provisional release of consignment. The consingment…
The Office of Research Innovation and Commercialization (ORIC) at the Institute of Business Management (IoBM) organized a two-day workshop on “Qualitative Research Methodology and Data Analysis using NVivo” at the…
KARACHI: The 60th Children’s Literature Festival (CLF), a two-day programme will be held on August 7th-8th, 2019. Launched in November 2011, CLF is the largest learning festival for children and…
KARACHI: The Federal Board of Revenue (FBR) has proposed certain amendments in the Income Tax Rules, 2002 pertaining to business license scheme. According to the proposed Chapter XIIIA for the…
ISLAMABAD: Pakistan Railways (PR) is all set to increase rates of freight trains by 20 percent following the increase in prices of petroleum products. The PR is facing over Rs…
KARACHI: According to the latest numbers revealed by the OCAC, volumetric sales for both black and white oil declined during Jul’19 with overall OMC volumes clocking-in at 1.53mn tons as…
KARACHI: Federal Board of Revenue has advised the consumers to ask for invoices/receipts having Sales Tax Number (STRN) on the invoices/receipts on purchase of goods and services. FBR noted that…
KARACHI: Assistant General Manager of CHEC Port City in Colombo, Sri Lanka Simon Tham has advised the business and industrial community of Karachi particularly those from the construction sector, to…
ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday released the draft for Small Shopkeepers Scheme for four different categories with fixed tax rates ranging from Rs20,000 to Rs50,000 per…
PESHAWAR: MCC Preventive Peshawar has lodged an FIR against Masta Gul s/o Shani Gul for attempting to smuggle gold to Afghanistan. Information was received by Collector Preventive Peshawar that huge…
KARACHI: The State Bank of Pakistan (SBP) is developing a comprehensive plan to foster availability of finance to women entrepreneurs through designing and implementing a Women Linkages Program. According to…
KARACHI: Foreign exchange companies are exempted from a restriction of taking a prior approval of the central bank to remit $10,000 or more from one to another location in the…
KARACHI: A custom appellate bench of High Court of Sindh (SHC) comprising Justice Muhammad Shafi Siddiqui and Justice Mahmood A Khan on Thursday disposed of three identical petitions filed by…
KARACHI: With impressive growth in revenue collection on domestic front, the FBR has provisionally collected Rs277 billion in the first month (July 2019) against the desired target of Rs292 billion,…
KARACHI: The federal government on Wednesday increased the prices of all petroleum products for the month of August amid a slight reduction in the international crude prices. Government approved all…
KARACHI: Anti-smuggling Organization (ASO) of Customs Intelligence and Investigation Karachi seized smuggled goods and vehicles worth Rs83.2 million during July 2019. Director I&I Irfan Jawaid has advised his team to…
KARACHI: The Customs staff posted at Drug Enforcement Cell, MCC JIAP, Karachi foiled an attempt to smuggle brown heroin to UK through courier. On information passed by Deputy Collector Muhammad…