Pakistan Customs, Tax, Shipping & Business News Resource
The Central Vigilance Wing of the Federal Board of Revenue (FBR) has detected a massive scale of money laundering and tax fraud involving four private limited companies that were registered…
KARACHI: Collector Enforcement Karachi Basit Abbasi has ordered the formation of special mobile squads to conduct anti-smuggling operations round the clock. Additional Collector Amanullah Tareen has assigned two squads, Squad-1…
KARACHI: Post Clearance Audit (PCA) Karachi has detected gross misuse of Green Channel facility by certain importers causing significant revenue loss to the national exchequer, and clearing banned goods. On…
KARACHI: Tax experts on Monday raised questions over the blanket immunity granted to the construction sector from disclosing source of investment, hinting at its nonconformity to an action plan agreed…
KARACHI: Central Directorate of National Savings (CDNS) is engaging a commercial bank to act as a watchdog monitoring transactions, maintaining CDNS customers’ record and generating suspicious transaction report (STR) and…
KARACHI: Special Assistant to the Prime Minister on Accountability Shahzad Akbar said that they had received details from 10 countries of money laundering worth Rs700 billion and references in this…
KARACHI: Intelligence & Investigation I&I-IR Karachi’s team in connection with the investigation in case of Damac Properties of Dubai went to the office of a private firm located at Jinnah…
KARACHI: The campaign against money laundering and black money launched by Intelligence & Investigation (I&I) of Inland Revenue Service (IRS) is in full swing and the authorities are all set…