Pakistan Customs, Tax, Shipping & Business News Resource
DUBAI, UAE: Al Ramz Corporation Investment & Development (Al Ramz) has announced entering an advanced stage of negotiations to acquire an operational financial institution in UAE and is in the…
DUBAI, UAE: Network International (NI), an affiliated associate of Emirates NBD Group, has confirmed its intention to proceed with the Initial Public Offering (IPO) on the London Stock Exchange (LSE),…
KARACHI: Overseas Pakistani workers remitted US $14350.53 million in the first eight months (July to February) of FY19, showing a growth of 11.82 % compared with US $12833.64 million received…
DUBAI, UAE: Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has entered into a partnership with Dubai Electricity and Water Authority (DEWA) to offer exclusive auto finance…
DUBAI, UAE: The Annual General Meeting (AGM) of Dubai Islamic Bank (DIB) has authorized the Board of Directors (BoD) of the Bank to issue a total of $7.0 billion worth…
KARACHI: PIA has started twice a week flights from Multan to Sharjah. The inaugural flight PK 293 carrying 166 passengers departed from Multan in the early hours of Wednesday morning.…
KARACHI: Overseas Pakistani workers remitted $12.77 billion in the first seven months of FY19 (July-January 2018-19) as compared with $11.383 billion received during the same period in the preceding year.…
KARACHI: The Federal Board of Revenue (FBR) is undertaking an exercise of identifying and investigating individuals having assets more than their declared income and having assets abroad. In this regard,…
Economic recovery across the Middle East and North Africa is set to slow down in 2019 and growth is likely to be weaker than most expect, but the UAE at…
KARACHI: Pakistan’s recently announced mini budget lacks new solutions to address its fiscal constraints and debt sustainability will largely remain at risk, ratings agency Moody’s Investors Service said on Thursday.…
KARACHI: Overseas Pakistani workers remitted $9.028 billion in the first five months (July to November) of FY19, showing a growth of 12.56 percent compared with $8.021 billion received during the…
KARACHI: Directorate of Customs Intelligence & Investigation Rawalpindi has nominated ex-senator Saif-ur-Rehman and officials of M/s Redco Textiles in the case regarding recovery of non-duty-paid foreign origin luxury vehicles from…
KARACHI: An appellate bench of High Court of Sindh (SHC) on Friday restrained Sindh Revenue Board (SRB) from effecting recovery of rupees 4,791, 991 from petitioner Pegasus Consultancy Private Limited.…
KARACHI: MCC Quetta has booked certain importers and foreign pre-shipment inspection (PSI) companies including M/s Bureau Veritas of UAE and M/s SGS China for defrauding Pakistan’s authorities to enable clearance…
KARACHI: A division bench of High Court of Sindh (SHC) comprising Justice Munib Akhtar and Justice Yousuf Ali Sayeed on Wednesday summoned a senior appraiser of Pakistan Customs East in…
KARACHI: Chairman Classification Committee Additional Collector Haris Ansari has made a ruling that ‘light white oil Farol 100’ is appropriately classifiable under PCT 2710.1250, keeping in view it is a…
KARACHI: The Director General, Customs Valuation, Samaira Nazir Khan disposed of revision petitions against Valuation Ruling (VR) 770/2015 November 5, 2015. The revision petitions were filed by A H F…
KARACHI: A division bench of High Court of Sindh (SHC) comprising Chief Justice Sajjad Ali Shah and Justice Muhammad Junaid Ghaffar on Thursday disposed of a constitution petition filed by…
KARACHI: There seems to be a desperate attempt made by Mohammad Ali Chandna led cartel to do some damage control. The gang has produced a letter of China-based supplier that…
KARACHI: The Directorate General of Customs Valuation has determined the values of Aluminum Beverage Cans vide Valuation Ruling No. 730/2015. In the process of issuance of Valuation Ruling, it was…