Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 13,161.8 million as of 22-Sep-2023. The break-up of the foreign reserves position is as under: i) Foreign reserves…
SECP Proposes Simplified Process for All Right Issues
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has notified draft amendments to the Companies (Further Issue of Shares) Regulations, 2020, for eliciting public opinion. The amendments are aimed…
Finance Minister forms Task Force on Tax & FBR Reforms
KARACHI: The Federal Minister for Finance, Revenue and Economic Affairs, Dr. Shamshad Alcthar, has announced the formation of a Task Force on Tax & FBR Reforms to develop proposals and…
Pakistan and Iran discuss border issues and trade cooperation
A joint border meeting between Pakistan and Iran was held on Wednesday at Mir Jawa, a border city in Iran. The meeting aimed to address various issues related to the…
SITE Association of Industry elects new office-bearers 2023-24
KARACHI: The Member of Election Commission of SITE Association of Industry (SAI) Zulfiqar Ahmed Chaudhry declared unanimously elected (unopposed) Muhammad Kamran Arbi as President, Muhammad Hanif Ayoob (Tawakkal) as Senior…
Opening of Branches for Collection of Government Receipts/Duties/Taxes on 30th September, 2023
In order to facilitate the taxpayers in payment of Government duties / taxes, it has been decided on the request of Federal Board of Revenue (FBR) that Saturday opening branches…
I&I Karachi books importer, Customs agent for fiscal fraud
KARACHI: Customs Intelligence and Investigation Karachi has lodged an FIR against several persons including a woman for mis-declaration of value/under-invoicing by submitting fake and forged documents and filing of GD…
Customs Enforcement Karachi targets warehouses and dumping sites of smugglers
KARACHI: The Anti-Smuggling Organisation (ASO) of the Collectorate of Customs Enforcement Karachi, alongside Sindh Rangers and the Special Security Unit (SSU) of Sindh Police, executed a targeted raid on warehouses…