MCC Quetta surpasses revenue collection target
QUETTA: The Custom Duty Collection by the Model Customs Collectorate (Appraisement) Quetta during the period July-March 2020-21 stood at Rs. 5.4 Billion against the assigned target of Rs. 3.7 Billion,…
Rs5.36/unit hike in base electricity tariff to ruin industry
Resenting frequent increase in power tariff the Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel Chairman and FPCCI former president Mian Anjum Nisar has strongly opposed the government…
SHC dismisses SCRA’s by Custom Valuation
KARACHI: A customs appellate bench of High Court of Sindh (SHC) dismissed a number of identical Special Customs Reference Applications filed by DG, Custom Valuation deciding the issue that whether…
Two BS-19 officers of Pakistan Customs Service transferred
KARACHI: Federal Board of Revenue (FBR) has notified transfers and postings of two BS-19 officers of Pakistan Customs Service (PCS). Asim Rehman is moved from the office of Deputy Director,…
Alliance Francaise Forms An Alliance With Paypro To Facilitate Their Members, Students And Attendees With Digital Payments
Alliance Francaise recently signed an agreement with PayPro (Private) Limited in concomitance of digitization and disruption in the economic ecosystem within the country, Alliance Francaise is all set to increase…
SHC rules notice under section 37 without inquiry as “un-sustainable”
KARACHI: Hearing a constitution petition filed by Aachee Garments (pvt) Ltd against Sales Tax authorities, an appellate bench of High Court of Sindh (SHC) comprising Justice Muhammad Junaid Ghaffar and…
FBR transfers six BS-21 officers of Pakistan Customs Service
KARACHI: Federal Board of Revenue (FBR) has notified transfers of BS-21 officers of Pakistan Customs Service (PCS) with immediate effect. Dr. Zulfikar Ali Chaudhary is transferred from the office of…
Federal Cabinet says no to sugar and cotton import from India
KARACHI: Federal Cabinet on Thursday rejected a proposal of its Economic Coordination Committee (ECC) to import cotton and sugar from India, which would undermine PM Imran Khan’s plan to break…
SBP issues comprehensive instructions to banks to enhance customer experience with Call Centers
Call centers are rapidly becoming customers’ top choice to communicate with their Banks. Over time, the use of call centers by customers to seek information, guidance and redressal of complaints…
Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 20,836.4 million on 26-March-2021. The break-up of the foreign reserves position is as under:- Foreign reserves held by…
SECP organizes Webinar on Venture Capital & Private Equity Investment
ISLAMABAD: As a part of its efforts to facilitate start-ups and discuss and promote innovative financial solutions, SECP’s Innovation Office, in collaboration with National Incubation Center (NIC) organises a webinar…
SHC sets aside demand notice prior to show cause notice
KARACHI: A demand notice issued by the custom without issuing show cause was set aside by a custom appellate bench of High Court of Sindh. The bench was hearing a…
Al Karam Textile collaborates with TCF’s Community Development Unit to Empower Women
KARACHI: Al Karam Textile Mills Pvt Ltd. has contributed 10,800 double bed sheets’ fabric pieces towards the Vocational Program of The Citizens Foundation (TCF) managed by its Community Development Unit.…
Sugar import from India offer multiple benefits for Pakistan
KARACHI: Government’s decision to import sugar from India is widely being criticized by several circles, undermining the benefits of trade ties with the neighboring countries. First of all, imported sugar…
SHC dismiss petitions challenging holding of office by Officer of Sales Tax
KARACHI: Five identical petitions filed by different companies including Sahib Din Logistics, SS Corporation, Syed Murtaza Ali Jaffery, Syed Mehdi Abbas Jaffery and Syed Aqeel Abbas Rizvi challenging authority of…