Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: A custom appellate bench of High Court of Sind comprising Justice Muhammad Junaid Ghaffar and Justice Muhammad Abdur-Rahman issued notice to respondents for Nov 13 in three identical petitions…
KARACHI: High Court of Sindh (SHC) will hear a petition on March 29, filed by Modern Plastic Industries and 30 other industrial units licensed in Karachi Export Processing Zone (KEPZ)…
The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel has appreciated the federal and provincial governments for their resolve to implement the much-needed single portal for filing sales…
Textile Exporters are annoyed and distressed in the wake of highest ever liquidity crunch being faced due to imposition of 17 percent GST whose refunds are excessively delayed by the…
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan has stressed that the rate of GST should be reduced by 3 percent to 14 percent from…
ISLAMABAD: The Federal Board of Revenue (FBR) has decided in principle to move towards replacing the existing General Sales Tax (GST) with Value Added Tax (VAT) across the board for…
ISLAMABAD: Amid yawning tax shortfall and for achieving envisaged primary deficit target under the IMF condition, the government is pocketing Rs40 and Rs38 per litre on diesel and petrol respectively…
KARACHI: The Competition Commission of Pakistan (CCP) has issued a Policy Note to the Federal Board of Revenue (FBR) to eliminate discrimination meted out to some market players of the…
KARACHI: LPG Distributors Association in their budget proposals has recommended withdrawing general sales tax (GST) and advance tax on LPG imports. Chairman LPG Distributors Association Irfan Khokhar said government should…
KARACHI: The State Bank of Pakistan (SBP) has said that there is urgent need to clampdown on corruption and leakages in the tax collection machinery for increasing the tax to…