I&I Quetta seizes 8,000 liters of smuggled diesel
QUETTA: Customs I&I Quetta has seized 8,000 liters of smuggled diesel worth Rs0.94 million, which was being transported in a Hino truck. The value of the vehicle, also seized, is…
FIR lodged against Bin Bakar Enterprises
KARACHI: MCC Appraisement East has lodged an FIR against M/s Bin Bakar Enterprises and other accomplices for mis-declaring quantity, value and description of imported goods to evade government revenue. M/s…
Customs Gwadar seizes smuggled goods
QUETTA: Customs Gwadar hs foiled an attempt to smuggle large quantity of foreign origin steel bars and Irani diesel at Panjgor. In the last two months, Customs Gwadar teams led…
FBR rescinds all circulars and instructions issued on foreign remittances exemption
KARACHI: Federal Board of Revenue (FBR) has rescinded all circulars and instructions previously issued on the matter of foreign remittances exemption. In Pakistan taxation or non-taxation of foreign remittances has…
Tax Evasion in Tobacco Sector
The FBR collected Rs 135 billion in taxes from the tobacco sector during the financial year 2020-21, Rs 18 billion more than the tax collected from the tobacco sector previous…
FBR transfers six PCS officers of BS-21 and BS-20
KARACHI: Federal Board of Revenue (FBR) has notified transfers and posting of Pakistan Customs Service (PCS) officers of BS-21 and BS-20 officers with immediate effect. Ms. Suraiya Ahmed Butt (Pakistan…
NBW against DC Appraisement discharged as officer tenders apology
KARACHI: A customs appellate bench of High Court of Sindh (SHC) discharged a contempt of court notice issued against Deputy Collector (Appraisement) West after he tendered apology. The bench was…
State Bank enhances investment opportunities for Non-Resident Pakistanis and facilitates inflow of funds in Roshan Digital Accounts through Money Transfer Operators
In order to provide further investment and financing opportunities to non-resident Pakistanis (NRPs), SBP has allowed direct investment through the rupee based Roshan Digital Accounts (RDA), into the shares of…
PPL-led consortium awarded Offshore Block 5 in Abu Dhabi
Karachi: A Pakistan Petroleum Limited (PPL)-led consortium has been awarded Offshore Block 5 in Abu Dhabi’s second competitive exploration block bid round. Offshore Block 5 covers an area of 6,223…
Inaugural Ceremony of NADRA e-Sahulat Biometric Verification for PSW at KCAA Head Office
Karachi (PR) President Karachi Customs Agents Association Mr. Wasiq Hussain Khan informed through press release that the Director General, Directorate General of Reforms & Automation (Weboc Project) Mr. Wajid Ali…
FINE, PENALTY IMPOSED AGAINST FATIMA FERTILIZER ONO-AGILITY
KARACHI: Additional Collector, Adjudication I, Sajjad Hyder Jhinjhin passed an Order in Original against importer Fatima Ferltizer Pvt Ltd Multan and its Clearing Agent Ms Agility Logistics Pvt Ltd, Karachi…
Cloth merchants booked for attempting to kill Customs officer
LAHORE: Police has arrested 37 persons for attempting to murder Customs officer/officials and destroying government vehicle, after the Customs staff recovered large quantity of smuggled cloth from Ali Arcade, Kashmir…
FIR lodged against Afghan national for smuggling arms and ammunition into Pakistan
PESHAWAR: MCC Appraisement Peshawar has lodged an FIR against one Afghan national Hazrat Bilal s/o Noor Gulab for illegally transporting foreign origin arms and ammunition into Pakistan from Afghanistan. During…
APBF wants stable exchange rate as rupee continues to drop vs dollar
ISLAMABAD: The All Pakistan Business Forum has urged the government to control instability of rupee against the US dollar, as the local currency hit an 11-month low at Rs165 against…
Customs foil bid to smuggle arms into Pakistan from Afghanistan
PESHAWAR: MCC Appraisement Peshawar has recovered foreign origin weapons, which were being smuggled into Pakistan via Torkham. These weapons were in in use of the US and NATO forces. During…
Minister for Climate Change inaugurates Coca-Cola Beverages Pakistan’s ‘Clean and Green’ drive
Faisalabad: In the presence of Minister of State for Climate Change, Zartaj Gul, Coca-Cola Beverages Pakistan Limited (CCI Pakistan) inaugurated its ’Clean and Green’ drive 2021 at its production facility…
Prime Minister launches Roshan Apna Ghar, another initiative of SBP to facilitate overseas Pakistanis in housing
The Honorable Prime Minister of Pakistan, Mr. Imran Khan, praised the efforts and hard work of State Bank of Pakistan (SBP) and government agencies in crossing another impressive milestone of…
Ufone offers industry-lowest prepaid roaming service in China
Islamabad: Pakistani telecom operator, Ufone is now offering lowest prepaid roaming services in China to help its users stay connected even outside the country. The latest offering by Ufone will…
With 3,000 Units Sold, realme C25s Makes a Spectacular Debut in Pakistan
realme Introduces realme C25s Raking-in 3,000 Units in Sales By Midday realme C25s Sells 3,000 Units on its First Day Becoming the Best Device in the 20K Range realme C25s…
Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 24,619.3 million on 20-Aug-2021. The break-up of the foreign reserves position is as under: – Foreign reserves held…