Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Anti Smuggling team of Customs Enforcement Collectorate Karachi raided at a Bus stand situated at Sohrab Goth, Karachi and recovered 5 truck-loads of foreign origin smuggled/non duty paid Sofa…
KARACHI: Member Customs-FBR Syed Muhammad Tariq Huda is appointed Chairman Karachi Port Trust (KPT). Karachi Port Trust (KPT), Karachi is managed in accordance with the provisions of KPT Act, 1886.…
Police Patrolling should be increased in Karachi especially in Korangi, President KATI Salman Aslam: Karachi: Additional Inspector General of Police (IG) Sindh Javed Alam Odho said that Steps should be…
ISLAMABAD: In line with the objective of creating a competitive and deep Exchange Traded Funds (ETFs) market, the Securities and Exchange Commission of Pakistan (SECP) has allowed various categories of…
At today’s meeting, the Monetary Policy Committee (MPC) decided to raise the policy rate by 125 basis points to 15 percent. In addition, as foreshadowed in the last monetary policy…
KARACHI: FrieslandCampina Pakistan was awarded the Gold Standard Award 2022 for Corporate Citizenship (CSR and Sustainability) by the Public Relations & Communications Association Asia Pacific (PRCA APAC) at a ceremony…
The Value-Added Textile Export Industries of Karachi are deeply shocked and totally disappointed with the sitting Government for utter silence, indecisiveness and no response towards the appeal and SOS calls…
KARACHI: Muhammad Maqsood Alam son of Muhammad Rafi, Proprieotr of Fatima bonded ware house was admitted to bail against a solvent surety of rupees 100000 and Personal Bond in the…
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has cautioned digital lending NBFCs of regulatory intervention, if full disclosure and fair business practices are not ensured by the industry…
EXPORT-ORIENTED INDUSTRIES DEMAND IMMEDIATE WITHDRAWAL OF SUPER-TAX: Unjust and uncalled-for imposition of 10 percent super-tax, in addition to all multiple levied taxes, is highly disastrous for export-oriented industries which have…
As the remittances from overseas workers have started falling, reporting a massive drop of over 25% in previous month, the Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel…
Federal Tax Ombudsman, Dr. Asif Mahmood Jah, Hilal-e-Imtiaz, and Tamgha-e-Imtiaz has announced the FTO office in Hub. Honorable FTO visited the office of Lasbela Chamber of Commerce and Industry on…
SBP has issued final instructions on IFRS 9 for ensuring smooth and consistent implementation of the Standard in the banking industry, with revised implementation timelines. For banks having asset size…
In order to promote digitalization and encourage eco-friendly practices, the State Bank of Pakistan (SBP) has developed online portal called SBP Regulatory Approval System (RAS) to enable regulated entities (i.e.…
Karachi: Engro Polymer & Chemicals (EPCL), a subsidiary of Engro Corporation, has signed a Memorandum of Understanding (MoU) with the prestigious University of Engineering & Technology (UET), Lahore, to strengthen…
QUETTA: Despite limited resources, Baluchistan Customs led by Chief Collector Muhammad Sadiq has collected Rs100 billion during FY2021-22, which is a record. Collection of Rs100 billion in the outgoing fiscal…
KARACHI: Federal Tax Ombudsman (FTO) Asif Mehmood Jah has asked FBR to direct Pak Suzuki Motor Company (PSMC) to pay Kibor +3 percent per annum to the complainant against late…
KARACHI: Tax ombudsman while disposing of a complaint relating to the clearance of a small gift parcel by an overseas Pakistani has directed FBR to adopt a more facilitative approach…
KARACHI: A custom appellate bench of High Court of Sindh re-endorsing its earlier order passed on 13-06-2022 has warned the custom collectorates East, West, Port Muhammad Bin Qasim to follow…
The State Bank of Pakistan will remain closed from 8th to 12th July, 2022 (Friday to Tuesday) being public holidays on the occasion of Eid-ul-Adha.