Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Collector Appraisement East Karachi, Muhammad Amir Thahim, in a letter to Director General, Directorate General of Reforms & Automation, Islamabad and Directorate of Risk Management System (RMS), urged that…
The State Bank of Pakistan will remain closed for public dealing on Monday, January 2, 2023, which will be observed as ‘Bank Holiday’. All banks / DFIs / MFBs shall,…
This appeal challenges the Judgment and Decree passed in Suit No. 1663 of 2009 where the core issue as to whether the colouring compounds commercially known as “Masterbatches” locally manufactured,…
Karachi: Meezan Bank, Pakistan’s leading Islamic Bank, has launched Meezan Visa Infinite Card – the top most debit card among the cards portfolio offering one of the highest limits and…
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), taking notice of rising concerns involving mis-selling, breach of data privacy, and coercive recovery practices of licensed digital lending companies, has…
The Federation of Pakistan Chambers of Commerce and Industry’s ruling group of Businessman Panel (BMP) has rejected the proposal of appointing the Director General Trade Organizations (DGTO) as the administrator…
The State Bank of Pakistan will start issuing banknotes bearing the signature of SBP Governor, Jameel Ahmad with effect from December 29, 2022 from the offices of SBP Banking Services…
KARACHI: Due to adoption of HS-2022 version; certain additions, deletions and new creation of PCT Codes have been made in Pakistan Customs Tariff. Therefore, Federal Board of Revenue (FBR) has…
In terms of Federal Government Notification F.No.2(1)IF-III/2010 dated December 23, 2021 last date for exchangeability of old design large, size banknotes of Rs 10, 50, 100 & 1000 is December…
KARACHI: Federal Board of Revenue (FBR) has created five more collectorates. The newly formed Collectorates include MCC SAPT, MCC Sargodha, MCC Khuzdar, MCC Islamabad Airport, while MCC Appraisement Lahore is…
KARACHI: Sharjeel Jamal, Convenor FPCCI Committee on Trade, sharply criticised the formation of new Collectorates of Customs. The policy should focus on inflows so that pressure on country ‘s resources.…
KARACHI: Karachi Tax Bar Association (KTBA) has protested the estimation of advance tax liability by tax officers and notices for such recovery. Syed Rehan Hasan Jafri, President KTBA in a…
KARACHI: In the wake of recent security situation and terrorism threats in the country, it has been learnt through reliable sources that said terrorists are likely to launch attack against…
KARACHI: In compliance of SRO 1292 (I)/2021 issued by the Federal Government, a fee ranging Rs500 to Rs1,000 shall be charged on every Goods Declaration of Import (HC) and Export…
KARACHI: While disposing of a complaint, Tax ombudsman took cognizance against illegal transfer of jurisdictions and directed FBR to transfer jurisdiction of an eighty years old complainant from LTO Lahore…
KARACHI: State Bank of Pakistan (SBP) has withdrawn prior approval for banks for initiating import transactions. Previously the condition was imposed in May 2022. In a circular issued on Tuesday,…
KARACHI: A two member bench of Sindh Services Tribunal at Karachi comprising Justice (Rtd) Sadiq Hussain Bhatti (Chairman) and Tariq Mehmood Khoso (Member) ordered reinstatement of appellant Javed Iqbal, posted…
Quetta: Keeping in view the strategic role of Enforcement in Quetta, Chief Collector Mr Abdul Qadir Memon & Collector (Enforcement) Mr Samiul Haq and Additional Collector in collaboration of HQR…
In order to facilitate the collection of Government receipts / duties / taxes, it has been decided that the field offices of SBP Banking Services Corporation (SBP-BSC) and authorized branches…
For the month of November, K-Electric has filed a petition for a reduction in FCA at the rate of PKR 7.04 /kwh (per unit) NEPRA will conduct a public hearing…