Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Federal Investigation Agency (FIA) has submitted the interim challan in the court against the customs officials who are accused of taking bribes and facilitating smugglers of betel nuts,…
Lahore: MCB Bank, a leading financial institution, is delighted to announce its strategic partnership with Visa, the global payments technology company. This collaboration will accelerate the development and adoption of…
ISLAMABAD: The SECP has released a Diagnostic Study providing a holistic synopsis of the existing landscape of motor third-party insurance in the country. The objective of this study is to…
KARACHI: At its meeting today, the Monetary Policy Committee (MPC) decided to keep the policy rate unchanged at 22 percent. The Committee noted that the economic uncertainty has decreased since…
Saudi Arabia’s economy grew by an annual 1.1% in the second quarter of 2023, down from 3.8% in the previous quarter and 11.2% in the same period of 2022, according…
The euro zone economy grew by 0.3% in the second quarter of 2023, beating expectations and avoiding a technical recession, according to official data released on Monday. However, inflation in…
KARCHI: The Directorate of Internal Audit-Inland Revenue-FBR Karachi has nominated eight directors of various companies on charges of tax fraud with the Government of Pakistan in the Tamna case. The…
KARACHI: The Director General of Customs Valuation, Gul Rehman, has set aside the valuation ruling 1790/2023 for the category ‘E’ and ‘F’ of perfumes and colognes, after several petitioners challenged…
KARACHI: Pakistan and Saudi Arabia have signed a memorandum of understanding (MoU) to facilitate a $10 billion Saudi investment in a new oil refinery in Gwadar, Balochistan, which will have…
Texworld/Apparel Sourcing Los Angeles, a new trade show for the textile and apparel industry, concluded its two-day event on July 26, 2023, at the California Market Center, Los Angeles. The…
Karachi: In a significant move to combat trade-based money laundering, Customs Intelligence and Investigation Karachi (I&I) Karachi has initiated a sweeping crackdown against importers and Customs agents suspected of being…
Pakistan Freelancers’ Association (PAFLA) and Mobilink Microfinance Bank Limited (MMBL) signed a strategic partnership to bolster financial literacy, inclusivity, and entrepreneurship across the country. Under the collaboration, PAFLA and Mobilink…
Karachi: Lucky Cement Limited, Pakistan’s leading producer and exporter of cement, received the KCCI Export Trophy Awards for its outstanding achievements in the international market. Mr. Muhammad Ali Tabba, the…
Karachi: Former President FPCCI and Head of Businessmen Panel Sindh, Mian Naseer Hyatt Maggo, gave an important suggestion to the government regarding how to increase the exports of Pakistan. Naseer…
QUETTA: In line with the directives of Chief Collector Baluchistan Mohammad Saleem, Customs Quetta has expedited anti-smuggling activities. The intensified efforts have resulted in significant seizures and the recovery of…
KARACHI: The government has decided to allow the import of construction goods in Pakistani currency to the existing and upcoming Export Processing Zones (EPZs) in the country. The move is…
KARACHI: The business community, especially the exporters, has expressed profound frustration with the disorganized and poorly managed FPCCI Export Award Function held at the Governor House in Karachi. The Federation…
KARACHI: The Korangi Association of Trade and Industry (KATI) President, Faraz-ur-Rehman in a strong stance against the frequent surge in electricity prices, has raised concerns about the devastating impact on…
Karachi: United Business Group (UBG) praised the historic tripartite agreement for the creation of a rail network connecting Pakistan, Uzbekistan and Afghanistan, calling this agreement a guarantee of strength between…
KARACHI: The Finance Division has approved the creation of six new posts for the National Nuclear Detection Architecture (NNDA), a unit under the Federal Board of Revenue (FBR) that is…