Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Despite a tweet by Prime Minister Imran Khan announcing opening of Afghan border, not a single transit trade vehicle could cross into neighboring country due to procedural lapses. Chairman…
KARACHI: Hearing a petition filed by BYCO Petroleum company, a customs appellate bench of High Court of Sindh allowed supply of HSD to tug boat of petitioner company on securing…
The State Bank of Pakistan will remain closed on 23 rd March, 2020 (Monday) being public holiday on the occasion of “Pakistan Day” as declared by the Government of Pakistan.
Karachi Customs Agents Association stated in a press release that KCAA always strives to facilitate its members and trade to keep them updated about outbreak of Novel Coronavirus (COVID-19). In…
ISLAMABAD: The SECP, as corporate sector regulator, advised all companies to divert their Corporate Social Responsibility (CSR) activities and budget for COVID-19 prevention, detection and cure including by generously contributing…
KARACHI: The Federal Board of Revenue (FBR) has advised its Members and Director Generals to cut the presence of employees by at least 40 percent initially for two weeks. FBR…
KARACHI: Several officers and officials of Pakistan Customs at Karachi Port and Port Qasim have developed symptoms like flue and fever. As many as six senior officers and one Appraising…
OSLO: As nightlife, bars, and cultural institutions all went dormant following social distancing measures, the coronavirus has turned Norway’s state monopoly on alcoholic beverages into a honey pot. Vinmonopolet, Norway’s…
In an effort to further facilitate the exporters as well as the manufacturing sectors, SBP has allowed exporters to directly dispatch the shipping documents of their exports’ consignment to their…
KARACHI: The customs Post Clearance Audit (PCA) department was restrained from taking any adverse action against petitioner company Viper Technology (Pvt) Ltd on allegation of money laundering. Zain Jatoi advocate…
Islamabad: In the wake of COVID-19 and its unprecedented effect on global stock markets, the Securities and Exchange Commission of Pakistan (SECP), in consultation with market stakeholders and market infrastructure…
KARACHI: Producers in U.S. and China have begun shipping 10-minute Test Kit for COVID-19 virus exposure, and local traders want to import these testing kits but government has not notified…
KARACHI: Customs Gaddani has seized 24 drums of banned sludge, which had been taken out from MCC Gaddani. Director Customs Intelligence Irfan Javed and Collector Gaddani Tahir Qureshi had a…
KARACHI: Director of Customs Intelligence & Investigation Karachi has lodged an FIR against Directors and partners of M/s Megaplus Pakistan for evasion of duty/taxes of Rs61.88 million through mis-declaration and…
FRANKFURT: Honda North America and BMW are closing plants throughout the U.S. and Europe this week due to an anticipated decline in demand for cars related to the global coronavirus…
The Pharmaceutical industry of Pakistan has said that as the foremost national duty it will do its best to ensure availability of essential medicines required in the country to deal…
In the wake of the recent outbreak of COVID19 (Corona virus), SBP is undertaking a number of measures to contribute towards meeting the challenges faced by society to remain safe…
KARACHI: Customs Enforcement South has taken stringent precautionary measures at the ports to safeguard against the Corona Virus. On the directives of Chief Collector Wasif Memon, screening equipment has been…
Karachi: “Consistency and transparent implementation of policies will help enable the pharma industry to provide research-based products along with employment opportunities, transfer of technology and to boost exports,” this was…
TOKYO: The Asian Development Bank (ADB) has announced a $6.5 billion initial response package for its member countries to help them deal with the coronavirus. ADB President Masatsugu Asakawa said…