I&I Quetta recovers large quantity of sugar
QUETTA: Customs Intelligence and Investigation Quetta has seized large quantity of sugar, which was to be smuggled abroad. In the wake of smuggling of sugar and urea to Afghanistan and…
PAAPAM asks Dar to ease auto industry imports to save Auto & Auto Parts Industries from total closure
The Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) has sent an SOS to Federal Finance Minister Ishaq Dar, appealing to him for removal of imports of auto/auto parts…
SHC custom appellate bench dismisses petition seeking stay against registration of FIR
KARACHI: A constitutional petition filed by Muhammad Hanif Jiwani seeking order of restraint against Pakistan Customs to not to register a First Information Report was dismissed by a custom appellate…
FBR notifies transfers of PCS officers ranging BS-20 to BS-17
KARACHI: Federal Board of Revenue (FBR) has notified large scale transfers and postings of PCS officers ranging BS-20 to BS-17 with immediate effect. Accordingly, Mr. Raza (PCS/BS20) Collector, Collectorate of…
FTO recommends recovery of Rs. 5.5 billion evaded revenue by steel sector through misuse of special procedure rules
KARACHI: The Federal Tax Ombudsman (FTO) has concluded an inspection under Section 17 of FTO Ordinance, 2000 and recommended a way for the Federal Board of Revenue (FBR) to recover…
Pakistan Economy – Funding assurance received from UAE for US$1bn; Major requirements for IMFs 9th review are now complete
According to Ministry of Finance, the UAE has provided assurance that it will provide additional deposit of US$1bn to Pakistan, paving the way for Pakistan to sign a Staff Level…
SAP extends its partnership with Imtiaz Supermarket for seamless operations
Karachi: SAP has joined hands with the biggest retail chain, Imtiaz Supermarket for seamless operations of the latter. M/s Imtiaz is the biggest retail chain with massive sales and a…
FPCCI Predicts a Negative Growth Rate in FY23 Irfan Iqbal Sheikh
Karachi (PR): Mr. Irfan Iqbal Sheikh, President FPCCI, has highlighted the glaring anomalies in the fiscal discipline; management of external account and economic growth rate; which are being observed by…
Governor SBP addresses investors about Pakistan’s economy and the way forward
Governor SBP, Mr. Jameel Ahmad met key international investors and fund managers in an event organized by Barclays on 13th April 2023 in Washington DC on Pakistan’s Economic Challenges and…
FBR promotes BS-18 officers into BS-19 with immediate effect
KARACHI: Federal Board of Revenue (FBR) has notified the promotion of 24 BS-18 officers of Pakistan Customs Service (PCS) to BS-19 on temporary basis against DTL vacancies in their service…
CDC engages industry stakeholders on the new eVoting related amendments in Companies (Postal Ballot) Regulations, 2018 by SECP
Karachi: SECP has recently made amendments in the Companies (Postal Ballot) Regulations, 2018 whereby the right to vote through electronic voting facility must be provided to members of every listed…
SBP to Issue Rs.50/- Commemorative Coin on the Golden Jubilee of the 1973 Constitution of the Islamic Republic of Pakistan
The Constitution of Pakistan, also known as the 1973 Constitution, is the supreme law of Pakistan, intended to guide Pakistan’s law, political culture, and system. It sets out the state’s…
Business community advised to explore new avenues of trade cooperation with Tajikistan
KARACHI: Pakistan Ambassador designated to Tajikistan Muhammad Saeed Sarwar has said that Tajikistan holds huge potential for Fast Moving Consumer Goods (FMCGs), Pharmaceutical Products and many other products which can…
Regulatory duty on 350 items including 1800cc cars gone
KARACHI: Pakistan has completely abolished regulatory duties on the import of used cars of up to 1,800cc. It also cut duty rates for new cars, mobile phones and other range…
I&I Karachi Foils Big Smuggling Attempt by Seizing Smuggled Goods worth Rs.191 million
KARACHI: A specific information was provided by the Director General Customs Intelligence to the effect that huge quantity of smuggled/non duty paid foreign origin electronic goods comprising laptops and LCD/LED…
EXPORTERS ARE CONCERNED AS SBP HASTENS TO BRING DELAYED EXPORT PROCEEDS BY THE END OF THIS MONTH
Lasbela Chamber of Commerce and Industries shows great concern over the circular issued by the State Bank of Pakistan, which aims to discourage holding forex in foreign accounts to gain…
SECP publishes Digital Lending Applications Whitelist
Islamabad: Pursuant to Google’s updated policy for digital lending apps from Pakistan, the Securities and Exchange Commission of Pakistan (SECP) has published Whitelist of Digital Lending Applications on its website.…
By providing modern technology to the youth, immediate economic stability is possible from IT export, President KATI
KARACHI: President of Korangi Association of Trade and Industry (KATI) and Patron-in-Chief of Pakistan Business Group, Faraz-ur-Rehman, while addressing a dinner he hosted in honor of businessmen, industrialists and bureaucrats,…
SHC summons Deputy Director DIT on April 19
KARACHI: Hearing an application in a constitution petition CP-D 231 of 2019 decided in October 2019, a custom appellate bench of High Court of Sindh ordered personal appearance of Deputy…
Sindh Food Authority (SFA) to register food products from 15th may. DG Agha Fakhar Hussain
Karachi: Director General Sindh Food Authority (SFA) Agha Fakhar Hussain has said that SFA has decided to start the registration process of Food products / brands of all pre packed…