SECP asks listed companies to implement gender diversity policies; issued circular

ISLAMABAD: In order to foster a beneficial and comfortable working environment for Pakistani women, the Securities and Exchange Commission of Pakistan (SECP), has asked listed companies to formulate and implement gender diversity policies to attract and retain talented women. Pakistan figures fairly low in the Global Gender Gap report index,… Continue reading

Obtain restraining order or implement ONO, orders SHC

KARACHI: The Collector of Customs MCC Appraisement and Facilitation, West and Director I&I were ordered to either obtain a restraining order or implement an Order in Original (ONO) passed in favor of M/S A-One Steel, Multan. The bench earlier heard counsel from Law firm Franklin Law Associates and Khalid Rajpar,… Continue reading

Customs all set to implement WeBOC module for EPZ cargo

KARACHI: Pakistan Customs is all set to implement WeBOC Module in Export Processing Zone (EPZ), as all the stakeholders have consented automation of the process and transportation of goods between container terminals and the zone in bonded carriers. The implementation of WeBOC module for EPZ consignments and all transportation of… Continue reading

Pakistan willing to implement WCO Authorized Economic Operator

KARACHI: Government of Pakistan is interested in joining the WCO Authorized Economic Operator (AEO) program, which is widely acknowledged as a key driver for a solid Customs-Business Partnership; secure, transparent and predictable trading environment; and in a wider context, enhanced economic prosperity. In this regard a delegation comprising representatives from… Continue reading

FBR and State Bank set to sign MoU to implement E-Import Form

KARACHI: Chairman Federal Board of Revenue (FBR) Nisar Mohammad Khan and Governor State Bank of Pakistan Ashraf Wathra will sign the MoU regarding implementation of E-Import Form on Tuesday. Members FBR and executive members of central bank would be present while Finance Minister Ishaq Dar would also grace the occasion…. Continue reading

SHC accords last chance to PSO in regularization case

KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Justice Muhammad Ali Mazhar and Justice Muhammad Iqbal Mahar on Wednesday gave a last chance to Pakistan State Oil to implement its decision in a petition seeking regularization of employees in appropriate ‘Grade’. The bench was hearing a petition… Continue reading

Pakistan, Czech Republic implement avoidance of double taxation convention

KARACHI: Pakistan and Czech Republic have implemented the convention for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and to promote and strengthen the relations between the two countries, Federal Board of Revenue (FBR) notified on Monday. An official said the Convention… Continue reading