SHC stays recovery notice against pharmaceutical company
KARACHI: An appellate bench of High Court of Sindh (SHC) stayed operation of a recovery notice worth rupees 14 million while issuing notice to the respondent Assistant Commissioner IRS, RTO…
Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: An appellate bench of High Court of Sindh (SHC) stayed operation of a recovery notice worth rupees 14 million while issuing notice to the respondent Assistant Commissioner IRS, RTO…
KARACHI: An importer of construction vehicles get a cheque amounting to rupees 5.55 crore he deposited with the Hyderabad Customs collectorate as security for provisional release of vehicles submitted by…
KARACHI: The business community has welcomed appointment of Shabbar Zaidi as Chairman of the Federal Board of Revenue (FBR) hoping for business friendly taxation regime as Zaidi represents the private…
KARACHI: A division bench of High Court of Sindh (SHC) comprising Justice Aziz-ur-Rahman and Justice Adnan-ul-Karim Memon on Monday suspended a notification dated 30-4-2015 appointing a BPS 19 officer on…
KARACHI: Prime Minister Imran Khan on Monday announced that the government has appointed Chartered Accountant and tax affairs expert Syed Shabbar Zaidi as Chairman of the Federal Board of Revenue…
KARACHI: A division bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Zulfiqar Ahmed Khan on Monday dismissed a petition filed by Mrs Ramsha against…
KARACHI: Dr. Reza Baqir has assumed the charge of Governor State Bank of Pakistan after President of Pakistan appointed him as Governor State Bank of Pakistan for a period of…
KARACHI: The Employers’ Federation of Pakistan has proposed that in order to bring down the sales tax on industrial inputs the rate be gradually reduced by 1.0 percent per annum…
KARACHI: Three candidates are in race for the office of Chairman Federal Board of Revenue (FBR), which was vacated after PTI government sacked Chairman FBR Jahanzaib Khan and Governor State…
KARACHI: Khuda Dost, an accused in a case of smuggling of Iranian diesel was admitted to bail against a solvent surety of rupees 100,000 by High Court of Sindh. According…
ISLAMABAD: In a major jolt to the economic team negotiating with the visiting IMF Mission on the fresh bailout package of $6.4 billion, the government has removed Governor State Bank…
KARACHI: The business community has condemned the increase in fuel prices, as this would increase cost of doing business and add to the miseries of the masses. The Economic Coordination…
KARACHI: The Federal Cabinet’s Economic Coordination Committee (ECC) approved on Friday an increase in the prices of petroleum products. Petrol, after an increase of Rs9, will be sold at Rs108.42…
KARACHI: A customs appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Zulfiqar Ahmed Khan on Friday issued notice to the Directorate of Intelligence…
KARACHI: The Collectorates at Customs Appraisement South have formed three teams to conduct an audit of bonded warehouses to verify whether the goods in-bonded at these warehouses were present or…
KARACHI: Annual consumer inflation eased to 8.82 percent year-on-year in April after having peaked to more than five years high of 9.41 percent in March, but the current tally is…
KARACHI: President Pakistan Chambers of Commerce and Industry (FPCCI), Daroo Khan Achakzai has underscored the need to promote partnership among member states in Asian Cooperation Dialogue (ACD). President FPCCI on…
KARACHI: A customs appellate bench of High Court of Sindh (SHC) on Thursday heard more than a hundred petitions concerning imposition of Additional Sales Tax at import stage. Pooja Kalpana…
KARACHI: The staff of MCC Jinnah International Airport (JIAP) foiled an attempt to smuggle heroin powder and recovered 1.2kg of brown heroin powder from the possession of Qatar bound passenger…
KARACHI: Directorate of Customs Valuation Karachi has determined the Customs values of Chocolate Spread vide Valuation Ruling No. 1361-2019.It was brought to the notice of the Directorate that the values…