SBP eases 100% cash margin requirement of 106 importable raw materials
KARACHI: The State Bank of Pakistan (SBP) has eased 100 percent cash margin requirement on the import of 106 items (raw material) to support manufacturing and industrial sectors and further…
FBR sanctions cash rewrads for officers/officials of Port Control Unit
KARACHI: The Federal Board of Revenue (FBR) has sanctioned cash reward for Port Control Unit (PCU) officers/officials for an unprecedented joint international counter narcotics operation. The FBR has sanction 3-month…
I&I Quetta seizes 12,5 tons of monosodium glutamate
QUETTA: Customs Intelligence & Investigation Quetta has seized 12.5 tons of monosodium glutamate (made in China), which is prohibited to be imported into the country. Federal Board of Revenue (FBR)…
SHC disposes of petitions by Mehran Enterprise, Uni Champion, Dany Technologies
KARACHI: Three identical petitions seeking release of consignments provisionally under section 81 of the Customs Act 1967 were disposed of by the Custom Appellate bench of High Court of Sindh…
CCP CONDUCTS SEARCH & INSPECTION OF A SUGAR MILL GROUP HEAD OFFICE
ISLAMABAD: The Competition Commission of Pakistan (CCP) today carried out a search and inspection of a sugar mill head office in Lahore, to impound proofs of the group’s suspected involvement…
CAREEM MAKES A PERMANENT SHIFT TO “REMOTE-FIRST”
KARACHI: Careem, the Super App for the greater Middle East and Pakistan, is now a Remote-First company. Careem colleagues in 36 offices have the freedom to work from a remote…
Lucky Cement Limited Launches Scholarships of Vocational Training for the Youth of District Lakki Marwat
PAKISTAN: In an effort to empower the youth of Pakistan, Lucky Cement Limited has launched a dedicated vocational training program for the permanent residents of District Lakki Marwat. The initiative…
SHC restrain ASO from coercive action against petitioners by Global Textile, Zubair Corporation
KARACHI: The Anti Smuggling Organization (ASO) of Pakistan Customs, Preventive was restrained from taking any coercive action against Global Textile & Towel Corporation and Messers Zubair Corporation. A bench comprising…
CCP CONDUCTS SEARCH & INSPECTION OF ALL PAKISTAN CEMENT MANUFACTURERS ASSOCIATION’S LAHORE OFFICES
ISLAMABAD: The Competition Commission of Pakistan (CCP), as part of an enquiry launched in May 2020 to investigate the possible anti-competitive activities by the cement manufacturers, carried out a search…
Audit regulator fines an audit firm of chartered accountants
ISLAMABAD: The Audit Oversight Board (AOB) has imposed a fine of Rs 50,000 on Aslam Malik & Company, Chartered Accountants. The Firm had committed multiple violations of the law. One…
Commander Southern Command Lt. Gen Muhammad Waseem Ashraf Inaugurated BankIslami branch in Quetta
KARACHI: BankIslami has inaugurated a new branch in Quetta Cantt. Lt. Gen Muhammad Waseem Ashraf, HI(M) Commander Southern Command grace the ceremony with his valuable presence. He was accompanied by…
FBR gears up to achieve the goal of a corruption free FBR
ISLAMABAD: Chief Collector Customs Dr. Asif Mahmood Jah, who is appointed in-charge of the Integrity Management Cell (IMC), has advised all field formations of Federal Board of Revenue (FBR) to…
I&I Karachi seizes NCP vehicles and smuggled goods worth millions of rupees
KARACHI: Customs Intelligence and Investigation Karachi is pursuing a rigorous anti-smuggling drive in line with the directives of Federal Board of Revenue (FBR). Last week I&I seized Betel Nuts with…
Pak-Qatar Family Takaful signs MoU with Oladoc
Karachi: Pak-Qatar Family Takaful recently came into an agreement with Oladoc (Pakistan’s premier digital healthcare platform) after a digital signing ceremony held in Karachi. The agreement will enable Oladoc to…
SHC orders Valuation Officer to be in attendance on Oct 01
KARACHI: Hearing a constitution petition against non release of an imported consignment provisionally over Valuation dispute, a Customs Appellate bench of High Court of Sind (SHC) comprising Justice Aqeel Ahmed…
FPCCI INVITES BUSINESS COMMUNITY TO SHARE THEIR ISSUES IN REGULAR “OPEN HOUSE” MEETINGS Sheikh Sultan Rehman- VP FPCCI
Being the apex body of Trade & Industry of Pakistan, FPCCI is always available to address the issues faced by the business community, said Sheikh Sultan Rehman Vice President FPCCI…
KCCI expresses total mistrust over FBR’s Tax Directory Analysis 2018 – PM urged to grill FBR for releasing irresponsible, incomplete analysis
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan has expressed total mistrust over the statistical figures recently disclosed by the Federal Board of Revenue (FBR)…
SECP approves disclosure framework under global principles
ISLAMABAD: In adherence to internationally recognized standards of regulation and oversight, the Securities and Exchange Commission of Pakistan (SECP) has approved disclosure framework to provide participants and general public with…
OLX introduces a new advertising tool for SMEs to reach online customers
OLX, Pakistan’s number one marketplace, has introduced an advertising tool to help small and medium businesses in Pakistan to proficiently plan and execute their online marketing campaigns. This new tool…