Pakistan Customs, Tax, Shipping & Business News Resource
ISLAMABAD: To address practical difficulties faced by the listed companies in election of directors, and to promote diversity in boards of the companies, the Securities and Exchange Commission of Pakistan…
KARACHI: Federal Board of Revenue (FBR) has notified transfers and postings of BS-20 Pakistan Customs Service officers with immediate effect. These ad-hoc transfers are the aftermath of an FIR lodged…
QUETTA: Industries and Commerce Department of Baluchistan has suspended Deputy Director Industries & Commerce, Ahmed Shah, for issuing any permit/NOC regarding movement of sugar in excess of the quota allowed.…
KARACHI: The Federal Investigation Agency (FIA) has booked several officers of the Customs Department for their alleged involvement in an organized smuggling ring and collecting hefty bribes from the smugglers.…
KARACHI (PR): Pakistan is currently experiencing the peak of summer, which is accompanied by the misery of prolonged power outages across the country. Reports indicate a significant shortfall of 6,000…
QUETTA: Customs Enforcement Quetta has raised concerns over the movement of sugar to the bordering districts of Balochistan in excess of the quota allotted by the federal government. The department…
KARACHI: Federal Investigation Agency (FIA) caught and lodged FIR against Customs officials Tariq Mehmood and Yawar Abbas, Saqif Saeed, Collector Customs currently posted as Director Afghan Transit Trade; Usman Bajwa,…
Karachi: A ceremony was held in Karachi on the memorization of the Holy Quran by the grandsons of the well-known social leader Muhammad Shah Alam. Governor Sindh Kamran Khan Tessori…
Karachi: TikTok, the leading destination for short-form mobile videos, has announced two significant initiatives aimed at enhancing the safety and well-being of teenagers on the platform. In response to valuable…
Mr. Ismail Suttar, President Lasbela Chamber of Commerce and Industry expressed deep concern on the inordinate delay in the start of the construction of the Bridge on Hub River and…
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Mohammed Tariq Yousuf, while expressing sheer dismay over complete suspension of gas supplies for two days a week to industries in…
ISLAMABAD: The Competition Commission of Pakistan (CCP) has concluded an extensive study titled “Enhancing Economic Efficiency of SMEs in Pakistan”, identifying barriers to competition, and providing recommendations for improving the…
KARACHI: Sources have revealed that sensitive agencies have joined the probe into the massive money laundering scam involving solar panel imports. The agencies have approached Customs authorities and sought all…
KARACHI: Federal Board of Revenue (FBR) has transferred Mukarram Jah Ansari from the office of Member Customs Operation. Mukarram Jah Ansari is posted as Member Legal FBR, Islamabad. Zeba Azhar…
KARACHI: Customs Intelligence and Investigation Karachi seizes large quantity of smuggled vapes. Information was received through the Director General, Customs Intelligence Mr. Faiz Ahmed to Director Engr. Habib regarding presence…
KARACHI: Director Customs Intelligence and Investigation Karachi, Engr. Habib Ahmed, has reassigned work among additional directors. Afzaal Ahmad, Additional Director-l, is assigned Monitoring of functions pertaining to all Collectorates falling…
ISLAMABAD: An enquiry committee of the Competition Commission of Pakistan (CCP) has concluded its enquiry and recommended the initiation of proceeding under Section 30 of the Competition Act, 2010 against…
Karachi: Post Clearance Audit (PCA) South revealed that solar panel importers have engaged in a large-scale over-invoicing / trade-based money laundering operation. The PCA South conducted audit of solar panel…
Workers’ remittances recorded an inflow of US$2.2 billion during June 2023. During June 2023, remittances increased by 3.9 percent on m/m basis. Cumulatively, at US$ 27.0 billion, remittances decreased by…
The State Bank of Pakistan (SBP) has issued its annual flagship publication, the Financial Stability Review (FSR) for CY22. The Review is being published in terms of requirements prescribed in…