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KARACHI: Federal Board of Revenue (FBR) has rescinded all circulars and instructions previously issued on the matter of foreign remittances exemption.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…