Chief Collector South sets Key Performance Indicators
KARACHI: Chief Collector South Wajid Ali has prescribed Key Performance Indicators (KPIs) for evaluating the performance of Additional Collectors (Examination) in the Appraisement South region.
Customs Hyderabad launches crackdown on smugglers
HYDERABAD: The Collectorate of Customs, Hyderabad has initiated a crackdown against all kinds of smuggled / contrabands goods and narcotics. Hectic efforts were made doing the last two months to…
Chief Collector Wajid Ali chairs meeting to discuss auction
KARACH: Chief Collector Wajid Ali chaired a meeting at Custom House Karachi to discuss the progress of auction in Appraisement South and to finalize the plan for the month of…
FPCCI group rejects Rs20 raise in petrol rate in a month, Rs5 hike in power tariff in a year
The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel, while strongly reacting to increase in electricity base tariff by Rs 1.39 per unit for the second time in…
Abdul Rasheed Sheikh assigned additional task of In-charge Integrity Management Cell
KARACHI: Federal Board of Revenue (FBR) has assigned additional task of In-charge Integrity Management Cell, in addition of his current responsibilities as Director General Customs Intelligence and Investigation. FBR has…
National Incubation Centre Lahore stresses on innovation in SMEs to enhance productivity and exports at the EU Pakistan Business Forum
Lahore: Recognizing Small Medium Enterprises (SMEs) as the backbone for economic activity in Pakistan, the European Union hosted a business forum to discuss strategies for enhancing trade with the European…
RCCI and FBR bestow Jazz with the Best Taxpaying Company Award
Karachi: Jazz has been bestowed the ‘Best Taxpaying Company’ award under the large taxpayers category (largest withholding agent nationwide) at the inaugural Taxpayer Recognition Awards organized by the Rawalpindi Chambers…
realme C21Y Promises Faster Performance, Lag-free Gaming with the Unisoc T610 Processor
The fastest growing smartphone brand in Pakistan and around the world, realme has a few surprises up its sleeves. Recently, realme became the bestselling smartphone brand on Daraz during the…
SBP instructs Banks to Digitize Corporate Payments
Towards digitization of payments and receipts in the corporate sector, SBP has now made it mandatory for its regulated entities (REs) including banks, microfinance banks, payment system operators and payment…
PUBLIC HOLIDAY
The State Bank of Pakistan will remain closed on Tuesday, October 19, 2021 (i.e. 12th Rabi-ul-Awal, 1443 A.H.) on the occasion of Eid Milad-un-Nabi (Sallallahu Alayhi Wa-Sallam).
SHC order further limit scope for petitioners in custom matters
KARACHI: A custom appellate bench of High Court of Sindh (SHC) ordered that issue of release of goods which fell under non prohibition on the basis of Goods Declaration could…
Burger King partners with foodpanda to expand nationwide
Burger King has on-boarded PandaKitchens, foodpanda’s cloud kitchens, with the aim to expand its reach nationwide. This will allow Burger King lovers to order their favorite burgers hassle free and…
Assessment alert issued regarding under-invoicing of branded auto parts
KARACHI: Chief Collector Appraisement South Wajid Ali has advised MCC Appraisement West and MCC Appraisement East to be vigilant in the assessment of auto parts particularly Anti-lock Breaking System (ABS)…
Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 25,969.4 million on 08-October-2021. The break-up of the foreign reserves position is as under:- Foreign reserves held by…
Deposit Protection Corporation issues its Annual Report 2020-21
Deposit Protection Corporation (DPC) has issued its first Annual Report today, since the commencement of business in June 2018. The report highlights significant developments made in the areas of deposit…
SBP to Issue Rs 70 Commemorative Coin to Mark 70th Anniversary of the Establishment of Diplomatic Relations between Pakistan and Germany
To mark the occasion of 70th anniversary of Pakistan-Germany Diplomatic relations, the Government of Pakistan has decided to issue a commemorative coin of even denomination, i.e. Rs.70. This coin will…
Fatima Fertilizer addresses climate change at Expo 2020 Dubai
Karachi: Fatima Fertilizer Company Limited (FFCL) celebrated the Climate Week recently at the Pakistan Pavilion of Expo 2020 in Dubai, UAE. Being a prominent sponsor of the Pavilion, FFCL brought…
Pakistan Hosiery Manufacturers & Exporters Association (PHMA) Election results were announced in its Annual General Meeting
Pakistan Hosiery Manufacturers & Exporters Association (PHMA) Election results were announced in its Annual General Meeting whereby Shahzad Azam Khan, Abdul Rehman and Kashif Ahmed Aslam Zia have been elected…
Customs Quetta seizes smuggled goods worth Rs10 million
QUETTA: Customs Quetta has seized he quantity of smuggled goods in two separate operations near Dalbandin. The seized smuggled goods include tea, foreign origin cigarettes and used tyres. The value…
I&I Lahore recovers smuggled fabric worth Rs300 million
LAHORE: Customs Intelligence and Investigation (I&I Lahore) has seized large quantity of smuggled sofa curtain fabric in an operation conducted with the coordination of MCC Appraisement Lahore. Information was received…