FBR has explained amendments in Customs Act, 1969
KARACHI: The Federal Board of Revenue (FBR) has explained the implementation of the amendments in the Customs Act, 1969 have been made through the Finance (Supplementary) Act, 2022. Power to…
Engro donates 14000 medical-grade scrubs to Patients’ Aid Foundation for frontline healthcare workers
As part of the PKR 1 billion Hussain Dawood Pledge, Engro Foundation – the social investment arm of Engro Corporation – has committed financial assistance to Patients’ Aid Foundation, JPMC,…
Requirement of filing EIF/EFE with each Goods Declaration withdrawn
KARACHI: The requirement of filing EIF/EFE with each Goods Declaration has been dispensed with as per amendments made in the Foreign Exchange Manual by the State Bank of Pakistan (SBP)…
President of Pakistan endorses FTO’s decision in money service and transfer business case
KARACHI: President Arif Alvi has confirmed Federal Tax Ombudsman decision that in MSBS (MONEY SERVICE BUSINESS) and MTO (MONEY TRANSFER OPERATOR) be considered by the FBR as Remittances through Normal…
Pre-admission notice issued in petition by Flying Paper Industries
KARACHI: A customs appellate bench of High Court of Sindh ordered issuance of notices for Feb 02 in a petition filed by M/S Flying Paper Industries. The bench earlier heard…