KCAA elects office bearers for 2019-20
KARACHI: All the candidates of Customs Agents Alliance have been elected unopposed for the Managing Committee of Karachi Customs Agents Association (KCAA). Founded by Haji Asif, Customs Agents Alliance has…
K-Electric Reports PKR 12.3 Billion Profit For FY2018
KARACHI : The Board of Directors of K-Electric Limited in its meeting held on September 18, 2019 at KE head office, approved the Company’s financial results for the year ended…
Nestlé Pakistan appoints new CEO
KARACHI: Nestlé Pakistan announced a change in its top management with the appointment of Samer Edmond Chedid as the new Managing Director in the country. He took over the responsibilities…
UGDC signs deal with Exxonmobil for country’s first ever commercial import of LNG by private sector
KARACHI: ExxonMobil has inked a gas supply deal with Pakistani energy company Universal Gas Distribution Company (UGDC), according to which commercial import of LNG by private sector would commence for…
Policy Board approves amendments in exchange traded funds regulations among others
ISLAMABAD: The Securities and Exchange Policy Board met in Islamabad at the SECP Headquarters under the Chairmanship of Professor Khalid Mirza. The Policy Board welcomed the new Chairman, SECP, Mr.…
NESTLÉ PAKISTAN APPOINTS NEW MANAGING DIRECTOR
KARACHI: Nestlé Pakistan announced a change in its top management with the appointment of Samer Edmond Chedid as the new Managing Director in the country. He took over the responsibilities…
FPCCI for enhanced economic cooperation under BRI
KARACHI: President Federation of Pakistan Chambers of commerce and Industry (FPCCI) Daroo Khan Achakzai underlined the need to promoting in-depth cooperation in economy, trade and investment between Sichuan and South…
Karandaaz Seeks Solutions for Facilitating Financial Inclusion of Women
Islamabad: Karandaaz Pakistan has launched its Financial Inclusion of Women Challenge. Through this focused challenge, Karandaaz seeks to support solutions to address the critical issue of women missing out on…
SHC stays collection of Infrastructure Cess in petition by an importer
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Zulfiqar Ahmed Khan on Wednesday stayed the collection of Infrastructure Development Cess from…
SHC adjourns petitions challenging Regulatory Duty till Sept 30
KARACHI: The hearing of multiple petitions challenging imposition of Regulatory Duty on different items at import stage were adjourned till Sept 30 by a division bench of High Court of…
Customs Quetta seizes smuggled goods worth Rs30 million
QUETTA: Customs Quetta in two separate operations recovered smuggled goods worth Rs30 million. According to details, Customs staff at Darakshan Check Post signaled a truck to stop but the driver…
FBR completely changes valuation system at Customs stage
KARACHI: The Federal Board of Revenue (FBR) has revised the unit of measurement for the purpose of assessment of goods in terms of recommendations of the World Customs Organization (WCO).…
Inland Revenue officials barred from raids without approval
KARACHI: The Federal Board of Revenue (FBR) has barred officials of Inland Revenue from conducting raids on taxpayers’ premises without approval. “No commissioner or authorised officer shall undertake exercise of…