Pakistan Customs, Tax, Shipping & Business News Resource
LAHORE: On the directives of Prime Minister Imran Khan, Customs authorities across the country have expedited anti-smuggling campaign. Prime Minister Imran Khan has ordered authorities concerned to hold massive crackdown…
KARACHI: Government has cut profit rates on National savings certificates. The new rates would be effective from April 24, 2020. Profit rate on Defence Certificate cut by 1.86% to 8.54%.…
Islamabad: Securities and Exchange Commission of Pakistan’s (SECP) is actively engaging the market stakeholders to mainly assess the situation arising out of the COVID-19 pandemic and its impact on the…
KARACHI: A customs Appellate bench of High Court of SIndh adjourned hearing of two identical constitutions filed by BOYCO Petroleum Company till May 06 while directing the petitioner side to…
KARACHI: As COVID-19 pandemic takes its toll on business activity, 40 percent of small and medium enterprises (SMEs) expect to downsize, close or switch the line of business in one…
Karachi: Pakistan’s premier conglomerate, Engro Corporation (PSX: ENGRO) announced its financial results for the quarter ended March 31st, 2020. On March 11, 2020, the World Health Organization (WHO) declared COVID-19…
KARACHI: The lawyers practising on customs, inland revenue have advocated purging the custom Appellate tribunal of corruption and instead of disbanding it improve the same by appointing members and chairman…
KARACHI: Federal Board of Revenue has requested taxpayers to provide IBAN for electronic transfer of refunds. According to FBR, it has devised a centralized system of online payment of Sales…
KARACHI: The Federal Board of Revenue (FBR) has issued Customs General Order No.03/2020 has notified the Pakistan Customs Container Security System (PCCSS) for sealing and de-sealing of transshipment, transit and…
KARACHI: Pre-admission notice was issued to Secretary FBR, Collector, Deputy COllector MCC Appraisement West and KICT for May 05 by a Custom Appellate bench of High Court of Sindh here…
KARACHI: Amid the growing concerns of COVID – 19 pandemic, State Bank of Pakistan (SBP) has, thus far, announced a number of regulatory relief measures for the financial sector and…
ISLAMABAD: The Chairman SECP called upon the Chairperson FBR today to discuss a number of taxation policy reforms that are essential for the development of Pakistan’s capital markets, corporate sector,…
KARACHI: One the directives of Prime Minister Imran Khan, Customs authorities have expedited anti-smuggling drive, and Anti-Smuggling Organization (ASO) of MCC Preventive Karachi conducted several successful operations in the last…
BURBANK: In response to the unprecedented demand for high-quality family entertainment in the home, Warner Bros. will make its upcoming animated feature film “SCOOB!” available for both Premium Video On…
CLEARWATER: Knight Broadband, a leading provider of critical communications infrastructure services in the Cable and Broadband industry, announced that it has been acquired by an affiliate of Mill Point Capital,…
KARACHI: On April 10, 2020 the State Bank of Pakistan announced an incentive scheme— entitled Refinance Scheme for Payment of Wages and Salaries to the Workers and Employees of Business…
LONDON: Avacta Group, the developer of Affimer biotherapeutics and reagents, announced that in only four weeks and well ahead of schedule, it has successfully generated multiple Affimer reagents that bind…
KARACHI: Ministry of Maritime Affairs advised Karachi Port Trust (KPT) for extending free period at the port to facilitate traders; however this would not benefit importers much as 80 percent…
ISLAMABAD: To facilitate borrowers of non-bank lending companies (NBFCs), the SECP has allowed deferment of repayment of principal and rescheduling of loans, based on borrowers’ requests. To further facilitate small…
KARACHI: One employee of Karachi International Container Terminal (KICT) namely Arsalan was diagnosed with COVID-19 three days ago, but KICT quietly removed him to quarantine without informing Customs authorities about…