Pakistan Customs, Tax, Shipping & Business News Resource
Mr. Zahid Mazhar, Chairman, All Pakistan Textile Mills Association, Sindh-Baluchistan Region has demanded the government for continuous and un-interrupted supply of natural gas to the industries of Sindh and Balochistan…
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Abdul Malik Gaddi announcing a judgment reserved in March 2019, dismissed the Special…
ISLAMABAD: In a major jolt to tax machinery, the FBR on Friday made key changes by reshuffling top members of tax machinery at a time when the IMF-stalled programme under…
KARACHI: Iqbal Muneeb, a Grade-20 officer of Pakistan Customs Service passed away on Thursday evening. Iqbal Muneeb had been diagnosed with blood cancer, and during his chemotherapy at Agha Khan…
KARACHI: Amid exchange of harsh words and wild allegations by PTI and PPP, the dirt in politics of the country is being spurned every day making the national life cloudy…
KARACHI: ASO Customs Intelligence and Investigation Karachi raided Mashallah Building on M.A Jinnah Road and recovered large quantity of smuggled cigarettes, gutka and cosmetics. An FIR is lodged against several…
KARACHI: A customs appellate bench of High Court of Sindh comprising Justice Khadim Hussain Shaikh and Justice Adnan Iqbal Choudhry has allowed provisional release of rubber consignments against payment of…
ISLAMABAD: The newly appointed Chairperson of the Competition Commission of Pakistan (CCP), Ms. Rahat Kaunain Hassan, has assumed the charge of her office after the Federal Government issued a notification…
Islamabad: The Overseas Investors Chamber of Commerce and Industry (OICCI), the chamber of leading 200 foreign investors in Pakistan belonging to 35 countries, has released the consolidated financial contribution of…
To promote housing and construction of buildings activities in the country, as envisaged by the Government of Pakistan (GoP), State Bank of Pakistan (SBP) has decided to set a mandatory…
On July 9th the Revenue Division, FBR issued an Income Tax Notification S.R.O. 615 (I)/2020. It is a draft of proposed amendments in the Income Tax Rules 2002. The amendments…
ISLAMABAD: As reported on June 30, 2020, the Non-bank Microfinance Companies (NBMFCs) have reschedule loans of worth Rs36billion of total 2,244,605 individuals and micro-enterprises. The SECP had relaxed the regulatory…
KARACHI: Federal Board of Revenue (FBR) has notified large-scale transfers and postings in Pakistan Customs Department with immediate effect. Member Customs Tariq Huda has actually reversed the transfers and postings…
KARACHI: MCC Appraisement East has missed its revenue collection target by 7.0 percent collecting Rs451.55 billion during the year ended June 30, 2020. The revenue collection by MCC Appraisement East…
KARACHI: MCC Port Qasim has notified transfers and postings of Deputy/Assistant Collectors within the Collectorate with immediate effect. Accordingly, Deputy Collector Saima Zeb Butt is assigned Group-IV, Group-V, Refund and…
KARACHI: Chairman Businessmen Group (BMG) & Former President Karachi Chamber of Commerce & Industry (KCCI) Siraj Kassam Teli has said that BMG and KCCI fully support the prudent initiative taken…
KARACHI: Anti-Smuggling Organization (ASO) of MCC Preventive Karachi has seized a Land Cruiser V8 and arrested an aide of notorious smuggler Asif Sandlani. A short information was received at Hamdard…
Textile Exporters are annoyed and distressed in the wake of highest ever liquidity crunch being faced due to imposition of 17 percent GST whose refunds are excessively delayed by the…
ISLAMABAD: The Competition Commission of Pakistan (CCP) held an online workshop on the Guidance on Competition Compliance, with the senior management of Diamond Paint Industry (Pvt.) Limited with the purpose…
KARACHI: Engro Powergen Thar (Private) Limited (EPTL) – a majority owned Company of Engro Energy – and Sindh Engro Coal Mining Company (SECMC) – a joint venture of the Government…