Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Board of Governors of the Pakistan Institute of Public Finance Accountants (PIPFA) has elected its new President for the Year 2019 in its 125th meeting. The BOG unanimously…
KARACHI: Finance Minister Asad Umar has directed Federal Board of Revenue (FBR) to complete the exercise of valuation of property to address the anomaly of difference between fair market value…
In an attempt to increase financial inclusion in the country and raise dismal ratios that represent this, GoP and SBP have developed a National Financial Inclusion Strategy (NFIS) in 2015.…
KARACHI: The Financial Monitoring Unit (FMU) of the State Bank of Pakistan has forwarded the case of Amin Mohammad Lakhani and Anika Amin Lakhani to Inland Revenue Intelligence & Investigation…
KARACHI: Pakistan Stock Exchange (PSX) benchmark KSE-100 index started the first week of the New Year off on a positive note as it gained 481 points or 1.3 percent, snapping…
ISLAMABAD: Federal Board of Revenue (FBR) provisionally collected Rs1.779 trillion during first half of the current fiscal year (July-December 2018-19), up 3.0 percent compared with the collection in the same…
KARACHI: K-Electric intensifies efforts against default and power-theft with more than 300 customer facilitation camps held across the city, to enable residents to clear their outstanding dues through on-spot facilitation.…
KARACHI: The Federal Board of Revenue (FBR) has planned to impose Federal Excise Duty (FED) on telecom sector. The proposal was discussed at a briefing to the Finance Minister Asad…
KARACHI: The Union of Small and Medium Enterprises (UNISAME) has urged the government to accord due importance to the logistics sector, which is equally important like banking, leasing and insurance.…
KARACHI: Ministry of Commerce has engaged embassies of Argentina and Brazil to highlight Pakistan’s trade and investment potential and support Pakistan’s bid for preferential market access with Mercosur – a…
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and Nobel Sustainability Trust (NST) a non-profit organization of Zurich, Switzerland have signed a Memorandum of Understanding to bring public…
KARACHI: The Ministry of Commerce has re-imposed the ban on import of a long range of used and second hand machinery, a ban which was lifted vide SRO No.1528(I)/2018 dated…
KARACHI: President of Houston Karachi Sister Cities Association (HKSCA) Muhammad Saeed Sheikh has invited Karachi Chamber of Commerce & Industry (KCCI) to participate in the International Mayors’ Conference scheduled to…
KARACHI: The Financial Monitoring Unit (FMU) of State Bank of Pakistan (SBP) has forwarded details regarding suspicious transactions of an individual Imtiaz Ahmed to Federal Board of Revenue (FBR). The…
ISLAMABAD: In December, the Securities and Exchange Commission of Pakistan (SECP) registered 1,130 new companies. As compared to the corresponding month of last financial year, it represents a growth of…
KARACHI: Consumer Price Index (CPI) for the month of December 2018 clocked-in at 6.2 percent as compared to 6.5 percent registered in November 2018. Housing & utilities (CPI weightage 29.4…
ISLAMABAD: The meeting of Economic Coordination Committee of the Cabinet (ECC) was held here on Tuesday. Finance Minister Asad Umar chaired the meeting, which reviewed the demand and supply situation…
ISLAMABAD: The Competition Commission of Pakistan (CCP) has set aside and disposed of show cause notice issued to Wateen Telecom Limited and also set aside the findings of its enquiry…
KARACHI: State Bank of Pakistan (SBP) has allowed the Authorized Dealers to effect advance payments up to USD 10,000/- per invoice on behalf of importers cum exporters for import of…
KARACHI: Chairman Businessmen Group (BMG) & Former President Karachi Chamber of Commerce & Industry (KCCI) Siraj Kassam Teli has stressed that the PTI government must honor all its commitments made…