Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has appointed Khurram Ijaz as Special Advisor to President FPCCI for FBR Affairs and Cross Border Trade for 2022.…
KARACHI: While disposing of a complaint, FTO has directed FBR to revisit the impugned order for tax year 2016 in terms of section 122A of the ordinance, in case of…
QUETTA: Dalbandin and Rukhni Field Enforcement units of Customs Quetta have seized large quantity of foreign origin smuggled goods worth Rs 100 million. With the assistance of Levies, Customs Quetta…
KARACHI: Representations/Appeals filed by Federal Board of Revenue Rejected/Dismissed by Dr. Arif Alvi, Honourable President of Islamic Republic of Pakistan. The President of Islamic Republic of Pakistan has dismissed/rejected 81…
KARACHI: The Customs Classification Committee has determined that DVD players with LCD including essential character of radio broadcasting and for specific use in cars are appropriately classified under heading 8527.2910.…
KARACHI: With reference to government of Pakistan instructions conveyed by HOCAA regarding submission of Custom Declaration (includes currency declaration) by all inbound/outbound International Passengers, a meeting has been chaired by…
Faysal Bank Limited organized a heartwarming ceremony for flag hoisting on August 14th, 2022 to mark the 75th anniversary of Pakistan, at their iconic Abdullah Haroon Road branch. Celebrations of…
Acting Governor State Bank of Pakistan (SBP) Dr. Murtaza Syed unveiled a Rs. 75 Commemorative Banknote to mark the 75th Anniversary of Pakistan’s Independence in a ceremony held at the…
KARACHI: An appellate bench of High Court of Sindh seized with the hearing of custom, sales tax and income tax matter is discouraging the un-necessary litigation’s. The bench in a…
The British Council and Koel Gallery have partnered to launch the ‘Saahil Ki Kahaaniyan – Stories from the Coast’ project exhibition at the Koel Gallery in Karachi on Friday, 12…
KARACHI: The Directorate of Internal Audit-Inland Revenue-FBR Karachi has identified mastermind and real beneficiary of tax fraud case of M/s Tamna Industries in which FIR was lodged last month. On…
KARACHI: While disposing of a complaint, FTO Dr. Asif Jah has directed FBR to revisit the impugned order for tax year 2016 in terms of section 122A of the ordinance,…
KARACHI: While investigating a complaint, FTO has unearthed a mega scam of billions in the form of fake sales tax supplies in cement sector. Accordingly Tax Ombudsman has directed FBR…
In continuation of steps taken for ease of doing business, State Bank of Pakistan (SBP) has automated the verification of refinance claims under the Export Finance Scheme (EFS). Automated verification…
Pakistan’s economic recovery continued in H1-FY22, notes the Half Year Report for FY22 on the State of Pakistan’s Economy, released by the State Bank of Pakistan (SBP) today. From the…
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 1,691 new companies in the first month of Fiscal Year 2022. After July’s incorporations, the total number of registered companies…
KARACHI: Justice Aftab Ahmed Gorar of High Court of Sindh on Friday allowed a time of fifteen days to Pakistan Customs to make a firm statement regarding alleged recovery of…
Karachi: The Russian Consul General in Karachi, H.E Mr. Andrey Viktorovich Fedorov visited the Institute of Business Management (IoBM) on August 10, 2022. During his talk, he shed light on…
KARACHI: Sharjeel Jamal of UTrade Logistics has said that WeBOC system is a flop system, which is unable to stop smuggling and facilitate legitimate trade. The risk management system of…
KARACHI: As sporadic bursts of heavy rain and strong winds hit Karachi on Wednesday, K-Electric ensured the power supply to the city. During the current spell, the maximum number of…