Heat wave predicted in Karachi, K-Electric urges energy conservation
KARACHI: The Pakistan Meteorological Department on Sunday issued a heat wave alert in Karachi for the next six to eight days. With temperatures expected to go as high as 42…
Workers’ remittances increase 9% to $2.284 billion in September
KARACHI: Workers’ remittances increased by 9% MoM to $2.284 billion in Sep-2020, as against $2.095 billion in Aug-2020. Compared to the same month last year, remittances registered a rise of…
Textile millers misusing DTRE facility causing loss to national exchequer
KARACHI: Textile millers are evading government revenue through misuse of DTRE facility, sources said. It was known that several textile mills are importing craft paper under DTRE facility, and the…
Trend of Strong Workers’ Remittances Continues in September
• Workers’ remittances remained above $2 billion for the fourth consecutive month in September. They increased to $2.3 billion, 31.2 percent higher than the same month last year and 9…
Frequently Asked Questions in respect of Foreign Currency Accounts Rules
Frequently Asked Questions in respect of Foreign Currency Accounts Rules Question 1. Why there was a need to issue SRO by Ministry of Finance, if there is no change in…
IHC orders FBR to refer the matter of upgradation of the post of Principal Appraisers to management services wing
ISLAMABAD: Islamabad High Court has ordered FBR to refer the matter of upgradation of the post of Principal Appraisers to BS-17 to management services wing of Establishment Division. The background,…
Recovery of betel nut, indian gutka: FIR lodged
HYDERABAD: Customs Intelligence and Investigation Hyderabad has lodged an FIR against persons yet to be asertained in relation to the large quantity of smuggled goods recovered from warehouses in District…
FBR conducts inquiry against transit trade officer, which is in contempt of court
KARACHI: In absolute contempt of Supreme Court of Pakistan, the Federal Board of Revenue (FBR) has been directed to conduct inquiry into the issue of 262 trucks of sugar arriving…
World Mental Health Day urges increased investment in mental health
Karachi: The World Mental Health Day is observed throughout the world on October 10, 2020 and the goal this year as announced by the World Health Organization is increased investment…
FTO orders appropriate action against Custom officer Incident Report by DC, KEPZ against Superintendent SIU (I&I)
KARACHI: Deciding a complaint filed by Muhammad Abdullah, Director of Steel Vision (Pvt) Limited under Section 10(1) of the Federal Tax Ombudsman Ordinance 2000, FTO Mushtaq Ahmed Sukhera directed the…
ASO Preventive seizes smuggled betel nut worth Rs36 million
KARACHI: ASO of MCC Preventive Karachi in a joint operation with West Zone Police raided warehouses in Industrial Area and recovered 30 tons of betel nut worth Rs36 million. Information…
Government committed to bring deep rooted reforms in the energy sector
KARACHI: The Federal Government is committed to bring deep rooted reforms to cater the national energy requirement and increase the produce of indigenous gas through new explorations which shall likely…
CCP & SDPI SIGN MOU FOR IMPROVING ANALYSIS OF POLICY ACTIONS AND COMBATING ANTI-COMPETITIVE PRACTICES
CCP & SDPI SIGN MOU FOR IMPROVING ANALYSIS OF POLICY ACTIONS AND COMBATING ANTI-COMPETITIVE PRACTICES ISLAMABAD: The Competition Commission of Pakistan (CCP) and the Sustainable Development Policy Institute signed a…
FPCCI Organizes Webinar on Corporate Governance in Pakistan
KARACHI: Good Corporate Governance stands on the principle of transparency, accountability, responsibility and fairness; this was stated by Sheikh Sultan Rehman Vice President of the Federation of Pakistan Chambers of…
Customs and Quetta Chamber working in close coordination to promote legal trade
QUETTA: Collector MCC Quetta Waheed Marwat has said the Chamber of Commerce & Industries Quetta and MCC Appraisemnt Quetta are working in close coordination to promote legal trade and discourage…
K-Electric signs MoU to convert Karachi’s historic Marriott Road into landscaped pedestrian enclave
KARACHI: Under its corporate social responsibility programme, K-Electric signed a Memorandum of Understanding (MoU) on October 6, 2020, with the Heritage Foundation for restoring Marriott Road to its former glory.…
Ufone offers lowest data roaming rates for Saudi Arabia and UAE
Islamabad: Ufone has introduced the lowest ever data roaming rate for Saudi Arabia and UAE. Data roaming offer will now be available for as low as 4 Paisa per 10Kb…
SHC issue notices in Valuation dispute case Pile fabric case–A.K. International
KARACHI: A customs appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Zulfiqar Ahmed Khan on Friday ordered Pakistan Customs to consider a request…
SHC restrains customs from arresting computer, accessory importers
KARACHI: Hearing two identical petitions filed by three persons of three firms which imported used computers and accessories, booked on charge of mis-declaration, a custom appellate bench of High Court…
SHC to hear Dany Technologies case, others on Oct 22 Chief Collector South, Pakistan Customs appears
KARACHI: The hearing of five identical petitions including one by Dany Technologies against refusal to provisional release of imported items was adjourned till Oct 22 by a division bench of…