Karachi I&amp;I seizes smuggled goods worth Rs10.5b in last five months

05/12/2023

KARACHI: The Sindh High Court has set aside several judgements issued by the Customs Appellate Tribunal that allowed importers to...

Appraisement East directs strict scrutiny of EIFs & GDs to curb mis-declaration

05/12/2023

KARACHI: Collectorate Customs Appraisement East has issued a notification to its officers and officials to ensure strict scrutiny of Electronic...

Pakistan gets $100m support for polio eradication; Dr. Nadeem Jan

05/12/2023

ISLAMABAD: Caretaker Federal Minister for Health Dr. Nadeem Jan has said that a support of $100 million had been obtained...

Rs516.8m fine imposed on electricity thieves

FAISALABAD: Faisalabad Electric Supply Company (FESCO) claimed to have imposed a fine of Rs.516.8 million on 4354 electricity thieves caught...

PFC to explores new markets at Gulf Expo Dubai

ISLAMABAD: Chief Executive Officer (CEO) of Pakistan Furniture Council (PFC) Mian Kashif Ashfaq announced that PFC delegation was set to...

Foreign currency worth Rs10m recovered from Sukkur-Karachi bus

SUKKUR: The Federal Investigation Agency (FIA) has confiscated a huge sum of foreign currency worth over Rs1,035,000 from an inter-city...

FBR to regularly collect data on foreign travelers for tax purposes

ISLAMABAD: The Federal Board of Revenue (FBR) is making serious attempts to obtain data on foreign travelers from the Immigration...

Gwadar I&I foils bid to smuggle HSD oil worth Rs24m

GWADAR: Regional Directorate of Customs Intelligence and Investigation (I&I) has seized huge quantity of High Speed Diesel (HSD) Oil that...

IMF makes Pakistan set over Rs11,000bn revenue target for next fiscal year

ISLAMABAD: The International Monetary Fund (IMF) again managed to impose more conditions on Pakistan, as documents show that the tax...

Finance ministry sees improved economic indicators despite sustained inflation

ISLAMABAD: The Ministry Finance says the interest rates were maintained at 22 per cent, owing to the significant performance of...

Pakistan Saudi Arabia to finalize investment part of FTA with GCC

ISLAMABAD: Pakistan's Caretaker Commerce Minister Gohar Ejaz arrived in Saudi Arabia for the finalization of investment-related chapter of a proposed...

CDNS collect Rs730b targets in fresh bond

ISLAMABAD: The Central Directorate of National Savings (CDNS) has achieved a target of Rs 730 billion in fresh bonds in...

Nestlé Pakistan contributes Rs5m to support children at SOS Children’s Village

ISLAMABAD: Committed to the welfare, upbringing, and education of orphaned children of Pakistan Nestlé Pakistan extended a corporate contribution worth...

Inflation in Pakistan spikes to 29.2pc in November

ISLAMABAD: Inflation, measured by the Consumer Price Index (CPI), surged by 29.2 percent year-on-year in November 2023 as compared to...

FIA arrests customs officer allegedly involved in smuggling of foreign currency

TORKHAM: The Federal Investigation Agency (FIA) has apprehended two individuals including a Customs officer for their alleged involvement in a...

PIA pays Rs400m to PSO

LAHORE: The Pakistan International Airlines (PIA) has paid Rs400 million to the state-owned Pakistan State Oil (PSO), citing sources. The...

Pakistan’s trade deficit shrinks by 33.59pc in five months

ISLAMABAD: Pakistan’s merchandize trade deficit stood at $9.38 billion, shrinking 33.59 percent during the first five months of the current...

Collector Imran Bokhari’s Multan Enforcement seizes smuggled goods & vehicles worth Rs320.21m in Nov

MULTAN: Under professional leadership of Member Customs Operations Ms. Zeba Haye Azhar and personal supervision of Collector Imran Bokhari, Collectorate...

Karachi I&I shows outstanding performance against smuggling during November