SBP and Banks Face Senate Heat over Solar Panel Scam
KARACHI: The Senate Committee on Finance led by Saleem Mandviwala grilled the State Bank of Pakistan (SBP) and commercial banks over their role in a massive solar panel scam involving…
Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Senate Committee on Finance led by Saleem Mandviwala grilled the State Bank of Pakistan (SBP) and commercial banks over their role in a massive solar panel scam involving…
KARACHI: Federal Investigation Agency (FIA) has initiated an inquiry into a major financial scandal involving the Directors and Ultimate Beneficial Owners (UBOs) of Pakistan Defence Housing Authority (DHA) Karachi’s Creek…
Karachi: Post Clearance Audit (PCA) South revealed that solar panel importers have engaged in a large-scale over-invoicing / trade-based money laundering operation. The PCA South conducted audit of solar panel…
The Oil and Gas Regulatory Authority (OGRA) has released its investigation report on the LPG Cylinder Blast incident that occurred at Crunch Bite Restaurant in District Narowal, resulting in the…
PESHAWAR: In a report to Federal Board of Revenue FBR), Customs Peshawar has concluded that the sugar bags shown on social media were not being smuggled, instead these were legally…
• Comprehensive Analysys Mason study spans 15 countries in Asia, Africa and Latin America • Potential GDP economic benefits vastly outweigh investment costs • Governments, regulators and policy makers play…
Pakistan’s economic recovery continued in H1-FY22, notes the Half Year Report for FY22 on the State of Pakistan’s Economy, released by the State Bank of Pakistan (SBP) today. From the…
KARACHI: The fire incident at Cooperative Market Saddar Karachi may be an act of terrorism, says Ilyas Memon, President Karachi Anjuman-e-Tajiran and Tariq Road Traders Alliance. In a statement issued…
Coca-Cola Beverages Pakistan Limited (CCI Pakistan) revealed its latest socio-economic impact report at an event held in Islamabad on Thursday, February 11, 2021. The report highlighted CCI Pakistan’s contribution to…
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan has expressed total mistrust over the statistical figures recently disclosed by the Federal Board of Revenue (FBR)…
KARACHI: Countries that prioritize digitized payment economies are better placed to mitigate the associated adverse impact of unemployment, financial exclusion, fraud, theft, cost of cash, and corruption. This was the…
KARACHI: A division bench of High Court of Sindh headed by Justice Syed Hasan Azhar Rizvi sought report of Technical Committee of Sindh Building Control Authority in respect of three…
KARACHI: A Customs appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Mrs Ashraf Jahan on Friday sought a report from respondent custom officials…
KARACHI: Federal Tax Ombudsman (FTO) has taken notice of the news regarding pending recovery in gold and jewelry sector where some exporters of jewelry failed to repatriate foreign exchange and…
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Chief Justice Sajjad Ali Shah and Justice Zulfiqar Ahmed Khan on Thursday disposed of about 12 identical petitions directing…