Pakistan Customs, Tax, Shipping & Business News Resource
Based on feedback from the diaspora and recommendations from SBP, the Federal Government has introduced several amendments in the Income Tax Ordinance 2001 through Tax Laws (amendment) Ordinance 2021 to…
KARACHI: Allowing a request made by Federal Government for giving more time to make appointments of Member Judicial & Technical to Special Customs Appellate Tribunal (SCAT). As the petition was…
ISLAMABAD: The newly appointed Chairperson of the Competition Commission of Pakistan (CCP), Ms. Rahat Kaunain Hassan, has assumed the charge of her office after the Federal Government issued a notification…
KARACHI: A constitution petition filed on behalf of steel scrap melters, re-rollers was heard here on Wednesday. Naveen Merchant Salim advocate representing petitioners continued her arguments. Opening the arguments today…
Pakistan: To support the federal government implement initiatives aimed at combating climate change and its impacts, the Federal Minister for Climate Change – Zartaj Gul, Islamabad Capital Territory Administration and…
KARACHI: The importers are expressing grievance that they were not allowed to work. It appears that attempts are made to curb imports drastically. These observations were made by an appellate…
KARACHI: The federal government appeared to be in a fix after an hour and a half long hearing of judicial references by the Supreme Judicial Council (SJC). The official quarters…
KARACHI: A customs appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Zulfiqar Ahmed Khan on Wednesday adjourned hearing in over 80 identical petitions…
KARACHI: As many as 60 power generation projects proposed by Sindh government were pending before federal government since many years, and no progress could be made on these projects till…
KARACHI: Federal government has proposed reduced rate of sales tax of 12 percent on sale of liquefied natural gas (LNG) and re-gasified liquid natural gas (RLNG) to gas transmission and…
KARACHI: Federal government has proposed significant increase in the rate of Federal Excise Duty on cigarettes. According to the proposal, FED would be Rs4500/thousand cigarettes on locally produced cigarettes if…
KARACHI: Federal government through the Finance Bill (Amendment) 2018/2019 has allowed non-filers of income tax returns to purchase immovable properties and motor vehicles. The non-filers were restricted in the budget…
KARACHI: A division bench of High Court of Sindh comprising Justice Munib Akhtar and Justice Muhammad Omar Sial allowed more than two dozen identical petitions filed by importers of different…
KARACHI: A division bench of High Court of Sindh (SHC) comprising Justice Munib Akhtar and Justice Omar Sial on Wednesday heard the arguments by Salman Talibuddin, Deputy Attorney General for…
KARACHI: A customs appellate bench of High Court of Sindh (SHC) comprising JusticeMunib Akhtar and Justice Omar Sial on Friday issued notices to the federal government, FBR, Customs for Nov…
KARACHI: A division bench of High Court of Sindh on Tuesday commenced hearing of dozens of constitutional petitions against imposition of Regulatory Duty (RD) on more than 400 items of…
KARACHI: More than a dozen constitution petition filed by Shama Communication, Pakistan Tibbi Pharmaceuticals Manufacturers, Wajiha Shahzad, Pakistan Chemist & Druggist Association, Pakistan Chemist & Durggist Association, Maple Pharma (Pvt)…
ISLAMABAD: A full bench of Supreme Court of Pakistan, comprising Chief Justice Mian Saqib Nisar, Justice Umar Ata Bandial and Justice Faisal Arab partly allowed an appeal filed by Pakistan…
KARACHI: Inland Revenue Intelligence & Investigation (I&I) has initiated a crackdown against individuals including property traders, importers, school owners and cloth designers who have been fraudulently concealing their income to…
ISLAMABAD: The federal government has laid a special emphasis on development of textile sector amd has allocated Rs 217.5 million for Textile Industry Division under the Public Sector Development Programme…