Implement order in a week, orders SHC Custom Appellate bench
KARACHI: The Collector Port Qasim, Feroz Alam Junejo was ordered to implement within a week, an order in respect of two consignments of White Spirit and Xylene imported by two…
Meezan Bank expands its ATM Network to 1,000
Karachi: Meezan Bank, Pakistan’s leading Islamic bank has installed its 1,000th Automated Teller Machine (ATM). This landmark cash dispensing terminal has been installed at Chashma in District Mianwali. Since its…
BANK HOLIDAY
The State Bank of Pakistan will remain closed for public dealing on Friday, July 1, 2022 which shall be observed as Bank Holiday enabling the Bank to close its accounts.…
BHC allows Special Tax Reference Application by M/s Usman Ltd, Hub
HUB: An appellate bench of High Court of Balochistan (BHC) allowed a Special Tax Reference Application (STRA) filed by M/s Usman Ltd, Hub, Balochistan impunging and order passed by Appellate…
Importers demand full examination of used clothing consignments
KARACHI: Used clothing importers and clearing agent Humayun Khan and Naeem Khan said smuggling of high value and banned goods under the garb of used clothing had started again. Various…
MIKD Scam: Remand of Asad Shaikh extended
KARACHI: The arrested accused in Multan Institute of Kidney Diseases (MIKD), Asad Shaikh, is given for another 3-day joint remand to Appraisement East and Appraisement West. Initial investigations have been…
FTO advises Chairman FBR to provide additional staff to Post Clearance Audit
KARACHI: Federal Tax Ombudsman (FTO) Asif Mehmood Jah noted the FBR failure to develop effective and robust mechanism to capture due amount of sales tax at the import stage resulting…
Customs staff Rakhni seizes smuggled goods worth millions of rupees
QUETTA: Field Enforcement Unit Customs Rakhni had seized large quantity of non custom paid goods from two trucks at Kohlo, the border of Punjab and Balochistan. The seized goods worth…
Tax Ombudsman Asks PTCL & FBR To Settle Customer’s Refund Claim
KARACHI: Tax Ombudsman Asif Jah while disposing of the complaint of a PTCL Customer has asked PTCL to issue tax deduction certificate and has accordingly, directed FBR to settle the…
OICCI and ICBC Pakistan successfully held Webinar on RMB
Karachi: To facilitate local markets understanding and utilization of RMB, and further in the light of some interest in a new circular by PBC (People’s Bank of China), effective from…
TCS Logistics appoints Moin A. Malik as its CEO
KARACHI: TCS – Pakistan’s largest logistics company, appoints Mr. Moin A. Malik as CEO of TCS Logistics Private Limited. Malik has an illustrious career in the logistics industry with which…
CCP RECOMMENDS BUSINESSES WHILE MARKETING THEIR PRODUCTS TO: “SHOW WHAT YOU SELL AND SAY WHAT YOU MEAN”
ISLAMABAD: The Chairperson, Competition Commission of Pakistan (CCP), Rahat Kaunain Hassan, has said that deceptive marketing practices have a direct impact on consumers and the competitors of the businesses and…
SECP seeks application from audit firms for placement at Panel of Auditors
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has initiated the process of constituting the panel of audit firms to conduct statutory audits of certain entities registered or licensed…
Excessive pricing anti productive, fuels inflation observes SHC rejecting exorbitant duty, taxes imposition
KARACHI: A customs appellate bench of High Court of Sindh allowed two identical petitions filed by importers of steel products setting aside assessment by Collectorate concerned in violation of Section…
Smuggling increases, transshipment cargo replacements re-emerges
LAHORE: Soon after the government imposed an import ban on several finished goods, there has been a significant surge in smuggling, as well as resurgence of transshipment cargo replacement. The…
SHC issues notice to Director D.I.T and Collector (Appraisement) East for July 04
KARACHI: The Director, Directorate General of Intelligence & Investigations, Collector (Appraisement) MCC East and Deputy Attorney General for Pakistan were put on notice for July o4 in a petition filed…
British Council organizes Pakistan Stories Film Screening as part of Pakistan/UK: New Perspectives
Islamabad: The British Council in collaboration with Patakha Pictures in Pakistan and the Scottish Documentary Institute in the UK organized a film screening event for “Pakistan Stories” at a hotel…
OPENING OF CONCERNED BRANCHES FOR COLLECTION OF GOVERNMENT RECEIPTS / DUTIES / TAXES ON JUNE 29 & 30, 2022
In order to facilitate the collection of Government receipts/duties/taxes, it has been decided that the field offices of SBP Banking Services Corporation and authorized branches of National Bank of Pakistan…
Leadership’s role is crucial for Pakistan’s progress: Arif Alvi
Islamabad / Karachi: The role of leadership is very crucial in challenging times; it is about understanding issues and being persistent in the pursuit of solutions. If the leadership is…
Federal minister talks about the truth ‘Pakistani media style’
Two-day conflict reporting conference concludes with Peace Journalism awards: KARACHI: Social media has erased the line between truth and lies, and this is in my view is extreme reporting. Where…