Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Pakistan Customs has issued a detailed standing order outlining operational procedures for the newly notified International Cargo Terminals Pakistan (Pvt.) Ltd. off-dock terminal at Hawksbay, Karachi, establishing a framework…
KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) convened a dialogue between a visiting International Monetary Fund (IMF) delegation, led by Iva Petrova and Mahir Binici, and CEOs…
ISLAMABAD: In a sweeping crackdown on a massive customs fraud scheme, the Customs Appellate Tribunal in Islamabad has issued five landmark judgments, upholding penalties and confiscations in a series of…
In line with its Vision 2028, the SBP has issued the Guidelines for the Regulatory Sandbox (RSB) under Section 3 of the Payment Systems and Electronic Fund Transfers (PS&EFT) Act,…
Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has issued an advisory to all the companies, in light of the recent geopolitical situation and resultant heightened cybersecurity threat alerts,…
Karachi: In a significant move to tighten regulatory oversight, Customs Intelligence has issued 24 alerts to all collectorates, highlighting discrepancies in import procedures and valuation rulings. The alerts—issued under the…
KARACHI: The Directorate of Customs Valuation has made remarkable strides in enhancing the efficiency of customs valuation, issuing a total of 235 Valuation Rulings over the past two years. Under…
Karachi: Ahmed Azeem Alvi, President of the SITE Association of Industry, has expressed serious concerns over the issues faced by users of the Federal Board of Revenue’s (FBR) online IRIS…
ISLAMABAD: The Competition Commission of Pakistan (CCP) has issued Show Cause Notices to International Steel Limited (ISL) and Aisha Steel Mills Limited (ASML) for alleged cartelization in the flat steel…
The State of Bank of Pakistan (SBP) has issued Raast Participation Criteria outlining minimum requirements for the entities desirous of becoming the Raast participants and have the necessary functional and…
Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has issued a consultation paper proposing launch of a Registration and Trading Platform (RTP) for public unlisted companies at Pakistan Stock…
The SBP has given License to M/s. E-Processing Systems Private Limited (EPSPL) to commence commercial operations as an Electronic Money Institution (EMI). Under the license, the EMI shall offer e-money…
KARACHI: The Federal Board of Revenue (FBR) has announced new transfers for customs officials. These notifications mandate that officials and officers previously assigned to certain formations will be transferred to…
KARACHI: The counsel for Collector of Customs, MCC East an others wa directed by a Custom Appellate bench of High Court of Sindh to seek instructions and come prepared to…
KARACHI: To address the growing concerns over the conduct of raids on godowns and warehouses, the FBR has issued a new set of Standard Operating Procedures (SOPs) aimed at ensuring…
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued a circular clarifying provisions of section 465(4) read with 510 of the Companies Act 2017 regarding filing of return…
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued guidelines to NBFCs involved in digital lending to ensure best practices in advertisements and call centre management. The guidelines…
KARACHI: The Directorate of Intelligence and Investigation (I&I) Karachi has issued three alerts to the field formations of the Federal Board of Revenue (FBR) regarding the malpractices of some industrial…
KARACHI: Civil Judge and Judicial Magistrate Karachi East has issued a Search Warrant for BOL Channel Building, Korangi Creek Road, Karachi. The Judge noted that information had been laid before…
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), taking notice of rising concerns involving mis-selling, breach of data privacy, and coercive recovery practices of licensed digital lending companies, has…