Workers&#8217; remittances increase by 0.6pc in January

KARACHI: Directorate General of Customs Valuation Karachi has issued revised customs values on the import of playing cards from China...

ICCI hopes new govt to put the economy on right track

ISLAMABAD: Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry (ICCI) in a statement hoped that the newly elected...

Dispute arises between Multan Customs & cloth importer

MULTAN: Dispute arose between the Customs department and a cloth importer regarding the confiscation of locally manufactured cloth. The importer...

First batch of 600 Pakistani professionals embark on international careers

ISLAMABAD: In a landmark moment for employment mobility, 600 Pakistani professionals embarked on international careers, following the successful negotiation of...

World Bank grants extension for $400m Pakistan tax reform project

KARACHI: The World Bank has granted the Pakistani government’s request to extend the Pakistan Raises Revenue (PRR) project. This decision...

FBR mandates electronic invoice registration for FMCG supply chain

ISLAMABAD: The Federal Board of Revenue (FBR) has announced a new regulation requiring all Fast Moving Consumer Goods (FMCG) sector’s...

CDNS attains Rs58b in Islamic investment bonds

ISLAMABAD: The Central Directorate of National Savings (CDNS) has secured Rs58 billion in Islamic finance bonds during the current fiscal...

Govt decides to audit major economic sectors on IMF advice

ISLAMABAD: The Ministry of Finance, following recommendations from the International Monetary Fund (IMF), has directed the Competition Commission of Pakistan...

SECP imposes record penalties in enhanced compliance drive

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has significantly enhanced its regulatory oversight in the corporate sector, imposing...

Revenue Crisis at Multan Customs: Urgent overhaul needed to combat shortfalls & systemic failures

MULTAN: The revenue challenges faced by Collectorate of Customs Enforcement Multan during January 2023-24 underscored systemic issues within the revenue...

FBR notifies new rules for international oil suppliers

ISLAMABAD: The Federal Board of Revenue (FBR) has notified new rules for international oil suppliers, specifically addressing the import of...

Pakistan’s import bill registers 14.11pc decline in first seven months of FY24

ISLAMBAD: Pakistan’s import bill has experienced a substantial decline of 14.11 percent during the first seven months (July – January)...

Customs Enforcement seeks amendments in SRO to tackle imports under baggage rules

KARACHI: In a bid to curb the misuse of the Baggage Rules, Pakistan Customs is actively seeking enhanced powers to...

Sargodha Enforcement registers FIR against four customs officials for replacing seized goods