Pakistan Customs, Tax, Shipping & Business News Resource
ISLAMABAD: The Competition Commission of Pakistan (CCP), in collaboration with the British Council, conducted an interactive session on Competition Law for UK Alumni based in Karachi. The session attracted a…
KARACHI: Sindh High Court (SHC) issued a letter to Mr Sohail Jabbar Malik, Special Judge, Customs, Taxation & Anti-Smuggling, Court I, Karachi seeking his comments in a complaint made by…
KARACHI: MCC Appraisement West has lodged an FIR against an importer and clearing agent for submitting fake export certificates for clearing an imported vehicle. Information was received through Collector Appraisement…
Karachi: BF Biosciences Limited looks to raise 1.38 bn to 1.93 bn through issuing 28.3% new shares through an Initial Public Offering (IPO) on September 25-26. Speaking at the pre-IPO…
ISLAMABAD: The Competition Commission of Pakistan (CCP) has successfully recovered PKR 27 million in penalties from Reliance Paints and Pakistan Steel Mills (PSM) by exercising its authority under Section 40(2)(a)…
KARACHI: Hearing six Special Criminal Acquittal Appeals, an appellate bench of High Court of Sindh ordered issuance of notice to the Deputy Attorney General for 26.9.2024 as he was called…
After experiencing significant depreciation in FY23, the local currency has regained ground over the last four quarters, supported by the IMF Stand-by agreement, contained current account deficit and reduced political…
The Monetary Policy Committee (MPC) of SBP will meet on Thursday, September 12, 2024 to decide about the Monetary Policy. Later on, SBP will issue the Monetary Policy Statement through…
Karachi: Pak-Qatar Family Takaful Limited (PQFTL), Pakistan’s Pioneer and leading Family Takaful Company and Meezan Bank, Pakistan’s leading Islamic bank, have announced a strategic partnership aimed at revolutionizing the financial…
Karachi: Minister of Energy, Government of Sindh, Syed Nasir Hussain Shah has said that his department stands fully committed to support the IEEEP Fair. “We will work closely along with…
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) in collaboration with the U.S. Commodity Futures Trading Commission (CFTC) commenced the second training session on the development of the Commodity…
Pakistan’s monthly TBML-related suspicious transactions volume increased by an average of 398% after the Asian Development Bank (ADB) in collaboration with the United Nations Office on Drugs and Crime implemented…
KARACHI: A two member custom appellate tribunal at Karachi allowed an appeal filed by Director, Directorate of Intelligence & Investigations, Multan through Advocate Sardar Zafar Hussain. The appeal pertains to…
KARACHI: The Employers Federation of Pakistan (EFP), in collaboration with the International Labour Organization (ILO), under the BRIDGE Project funded by the U.S. Department of Labor (USDOL), hosted a National…
• Workers’ remittances recorded an inflow of US$ 2.9 billion during August 2024. • In terms of growth, remittances increased by 40.5 percent on y/y basis. • Cumulatively, with inflow…
ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted approval for the acquisition of 11.9% of the paid-up ordinary share capital of M/s. Sindh Engro Coal Mining Company (SECMC) Limited…
KARACHI: MCC Port Qasim has lodged an FIR against M/s Turab Industries and M/s Unique Enterprises for misdeclaration of description, quantity and quality to evade the duties and taxes. M/s…
KARACHI: The Custom Appellate Tribunals are bound to decide cases on facts, legal questions, says a custom appellate bench of High Court of Sindh while deciding a Special Custom Reference…
KARACHI: Syed Mazhar Ali Nasir, Former Senior Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and Vice Chairman UBG Sindh Region has appealed to the…
The total liquid foreign reserves held by the country stood at US$ 14,739.9 million as of 30-Aug-2024. The break-up of the foreign reserves position is as under: i) Foreign reserves…