Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Federal Board of Revenue (FBR) has promoted Customs Baluchistan PRO Dr. Ata Muhammad to the rank of Superintendent of Customs. Dr. Ata is associated with the profession of public…
QUETTA: In adherence to the directives of COAS General Asim Munir, a comprehensive operation targeting smuggling activities is currently underway. The initial phase of this operation involves the establishment of…
The total liquid foreign reserves held by the country stood at US$ 13,126.7 million as of 01-Sep-2023. The break-up of the foreign reserves position is as under: i) Foreign reserves…
Meeting of Advisory Committee to the Federal Tax Ombudsman was held at the office of Federal Tax Ombudsman (FTO) Islamabad to discuss measures to improve taxpayers’ facilitation through early redressal…
The silver jubilee 25th edition of Intersec, the world-leading emergency services, security, and safety event, will take place from 16-18 January 2024 at the Dubai World Trade Centre (DWTC). TDAP…
ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted approval to two mergers in home health care services and non-life insurance sectors. The approvals were granted following the successful completion…
Karachi: Pakistan is the only country out of the top five major urea consumers – including China, Brazil, USA, and India – that is, unfortunately, not investing in capacity growth…
QUETTA: In line with the directives of federal government, Customs Intelligence Sukkur foiled an attempt to smuggle sugar from Sindh to Baluchistan and recovered 1600 bags of sugar weighing 80…
State Bank of Pakistan has decided to introduce structural reforms in the Exchange Companies’ sector. As part of these reforms, leading banks actively engaged in foreign exchange business will establish…
QUETTA: Some false information about Inspector Hamid Habib of Customs Intelligence Quetta has been spread on social media by some people who have a grudge against him, an official said.…
KARACHI: Customs Intelligence and Investigation Karachi (I&I Karachi) has lodged an FIR against Farhan Raiq of M/s S.N International for fiscal fraud by electronically filing false and forged import documents…
KARACHI: A detailed discussion was held on Tuesday by Special Investment Facilitation Council (SIFC) with the business community and economic experts of Karachi and Sindh. On the occasion, the high-level…
Pakistan’s army chief, General Asim Munir, has announced his plans to attract massive foreign investment in the agriculture sector and to stop the smuggling of Iranian petrol, according to sources…
KARACHI: Directorate of Post Clearance Audit (South), Karachi has identified significant irregularities and violations in the operations of various importers. As a result of shocking revelations, two FIRs have been…
GWADAR: The staff of the Customs Directorate of Intelligence and Investigation (I&I) Gwadar seized 1,350 bags of sugar worth Rs 31.5 million in two separate operations against smuggling on Monday.…
Quetta: In a dramatic turn of events, Customs staff in Quetta took action against a suspected smuggling operation that led to a high-speed chase and gunfire exchange, leaving one smuggler…
The Federal Tax Ombudsman (FTO) has ordered the Federal Board of Revenue (FBR) to correct a penalty order of Rs. 1 million issued by an Inland Revenue Audit Officer (IRAO)…
Karachi: Majority of Pakistan’s businesses are “not hopeful at all” about the ability of caretaker Prime Minister Anwaar-ul-Haq Kakar to save the country from a potential default on its international…
According to the latest data, Pakistan’s oil sales in August 2023 decreased by 8% compared to the same period last year, reaching 1.40 million tons from 1.52 million tons. The…
The caretaker federal and provincial governments are committed to promoting the IT sector across the country to support the vision of the Special Facilitation Investment Council (SFIC) for strengthening the…