Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Anti-smuggling Organization (ASO) of MCC Preventive Karachi conducted a raid on Yusuf Plaza in Bolton Market and recovered large quantity of smuggled goods worth Rs40 million. On the directives…
KARACHI: Directorate of Customs Intelligence and Investigation Karachi has lodged an FIR against several persons including an Assistant Collector and an Examination Officer for colluding with the iron and steel…
Textile Exporters are fearing that Government in FY2020-21 would not be a in a position to refunds of 17% sales tax to exporters as well as customs rebate, duty drawback…
ISLAMABAD: The Competition Commission of Pakistan (CCP), in the fiscal year 2019-20, has processed and granted approval to 59 Merger & Acquisition applications against the annual target of 50, showing…
KARACHI: Chairman Businessmen Group (BMG) Siraj Kassam Teli and President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan, while strongly rejecting the extension in lockdown up to…
Karachi: The Organic Meat Company Limited is set to go public with its Initial Public Offering and subsequent listing on Pakistan Stock Exchange, as an exporting and processing company of…
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued the draft of SEC (Reinsurance Brokers), Regulations 2020 for soliciting public comments. Reinsurance broking refers to arrangement of reinsurance…
Karachi, July 02: The 47th meeting of Meezan Bank’s Shariah Supervisory Board (SSB) was recently held as an online event, with the goal of preventing contagion and staying consistent with…
KARACHI: A single judge of High Court of Sindh will hear a suit filed by a member of Pak China Business Council of FPCCI (Federation of Pakistan Chamber of Commerce…
KARACHI: The Federal Board of Revenue (FBR) has notified that the funds allocated under the heads of stipend, incentive, awards and allied expenditure through budget grant, supplementary grant and re-appropriation…
ISLAMABAD: The Cabinet Implementation Committee (CiC) for Re-organizing the Federal Government has directed the Finance Division to abolish all posts that have remained vacant for more than one year in…
FAISALABAD: MCC Appraisement Faisalabad has collected Rs1.938 billion customs duty in the month of June 2020 against the assigned target of Rs1.447 billion. The Collectorate has registered a substantial growth…
QUETTA: MCC Preventive Quetta has posted a 258% increase in value of seizures in June 2020 viz-a-viz June 2019. In June 2019, the value of seizures was Rs. 182.45 million…
QUETTA: Collector Preventive Quetta Irfan Javed has reshuffled superintendents and inspectors in order to discourage any possible collusion of these officials with the smugglers, as these officials were stuck at…