Pakistan Customs, Tax, Shipping & Business News Resource
Karachi: On a consolidated basis, Lucky Cement Limited reported the profit after tax to date of PKR 26.53 billion of which PKR 5.81 billion is attributable to non-controlling interests for…
The total liquid foreign reserves held by the country stood at US$ 16,668.2 million as of 23-April-2022. The break-up of the foreign reserves position is as under:- Foreign reserves held…
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has published a position paper that shared experiences and learnings from its Regulatory Sandbox project for the benefit of potential participants…
KARACHI: Federal Tax Ombudsman, while deciding an Own Motion investigation on 28th April, 2021 has directed FBR to constitute a high-powered inquiry committee in a blatant and eye-opening income tax…
Karachi: Pakistan Stock Exchange (PSX) has presented important proposals for the federal budget 2022-23 to address economic challenges, boost the national economy and grow the capital markets. Implementation of the…
KARACHI: Customs Enforcement Karachi has recovered large quantity of foreign origin liquor from an official vehicle driven by a security agency official at Mochko check post. An information was received…
It is clarified that all banks and their branches shall remain open on Saturday, April 30, 2022 in line with SBP’s instructions embodied in BPRD Circular Letter No. 11 of…
KARACHI: The recovery of extra tax was stayed by a division bench of High Court of Sindh while hearing a petition filed by Mirpurkhas Sugar Mill. Earlier Manal Wasiq Khan…
Karachi: Engro Foundation, the social investment arm of Engro Corporation, has announced the two recipients of its flagship initiative, I Am The Change (IATC) Impact Awards 2021, in recognition of…
The State Bank of Pakistan will remain closed from 2nd to 5th May, 2022 (Monday to Thursday) on the occasion of Eid-ul-Fitr.
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Zulfiqar Ahmed Khan and Justice Adnan Iqbal allowed a constitutional petition filed by ARA Detergents & Chemical FZE…
KARACHI: Establishment Division has notified the appointment of Asim Ahmad as Chairman Federal Board of Revenue (FBR). A notification to this effect was issued today after the cabinet approved the…
KARACHI: Asim Ahmad, an Inland Revenue Service (IRS) officer, will be the Chairman Federal Board of Revenue (FBR) again. A summary in this regard has been forwarded to Prime Minister…
QUETTA: Customs Quetta in a joint operation with FC Noshki has seized large quantity of narcotics worth Rs50 million. The seized narcotics had been dumped at a secret place, which…
Islamabad: This Ramzan, UPaisa is offering exciting rewards to Ufone 4G prepaid customers for extending financial aid to donation companies and public welfare organizations in Pakistan. In order to express…
KARACHI: A custom appellate bench of High Court of Sindh allowing an identical petition ordered release of another consignment of home appliances. Manzar Hussain Memon Advocate appearing for M/s Adeel…
Karachi: VIS Credit Rating Company and PACRA has harmonized the Insurer Financial Strength rating of Pak-Qatar Family Takaful Limited (PQFTL) at ‘A++’ with Stable Outlook. The rating assigned signifies high…
KARACHI: A Committee has been constituted comprising Director General I&I Abdul Rasheed Shaikh, Director General Customs Valuation Dr. Fareed Iqbal Qureshi, Chief Collector Appraisement Lahore Faiz Ahmed and Additional Collector…
Mian Anjum Nisar for taking notice of fuel shortage, technical faults: Karachi: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel (BMP) has called for formulating a reform…
HYDERABAD: In an ongoing drive to thwart any attempts of smuggling of NCP vehicles and other contrabands through Quetta – Jacobabad – Punjab route, the concerned ASO units were put…