ICCI for harnessing Pak-Thailand untapped trade potential

27/11/2023

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a detailed list of particulars required for claiming depreciation deduction during...

Karachi Enforcement recovers smuggled cloth worth Rs92.11m from Liaquatabad

27/11/2023

KARACHI: Collectorate of Customs recovered 12 tons of smuggled sofa/curtain cloth from a godown located in Liaquatabad. Sources told Customs...

Rs275m tax theft via cooking oil under-invoicing unearthed

27/11/2023

KARACHI: Regional Directorate of Customs Intelligence and Investigation (I&I) detected tax evasion of Rs275 million through under-invoicing of imported cooking...

PRA raids another sales tax defaulter in Rawalpindi

RAWALPINDI; Punjab Revenue Authority (PRA) Rawalpindi Commissionerate raids M/s Monark Security Service Agency. The agency defaulted on depositing Rs.49 million...

Iran proposes border markets with Pakistan to strengthen trade ties

LAHORE: Iran has proposed the establishment of border markets along the Pakistan border to promote bilateral trade. Reza Amiri Moghadam,...

ICCI for focusing on renewable energy to ensure rapid revival of economy

ISLAMABAD: Acting President, Islamabad Chamber of Commerce and Industry Faad Waheed has said that Pakistan was relying on thermal energy,...

COAS says Pakistan, KSA bound by strong historic, strategic relations

RAWALPINDI: Chief of Army Staff (COAS) General Syed Asim Munir, NI (M), declared that Pakistan and Kingdom of Saudi Arabia...

COAS General Asim Munir pledges continued support for sustainable economic growth

ISLAMABAD: Chief of Army Staff (COAS) General Asim Munir has reaffirmed the Pakistan Army’s commitment to supporting sustainable economic recovery....

SECP revokes registration of New Hampshire Insurance Company as Insurer

KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has revoked the registration of New Hampshire Insurance Company, Pakistan Branch...

DG Valuation revises customs values on import of Methyl Acetate vide VR No 1827/2023

KARACHI: Directorate General of Customs Valuation Karachi has revised customs values on the import of Methyl Acetate from all foreign...

Pakistan gets four bids for LNG

KARACHI: Pakistan has received four offers after opening a tender for Liquefied Natural Gas (LNG) cargo to meet the country’s...

PSW integrates with global E-Phyto hub for faster agricultural trade

ISLAMABAD: Pakistan Single Window (PSW) in collaboration with Department of Plant Protection (DPP) of Pakistan has commenced sharing of electronic...

Customs value of mineral coal revised for KPK & Balochistan

KARACHI: Directorate-General Customs Valuation has revised customs value of mineral coal, imported into Pakistan through the provinces of Khyber Pakhtunkhwa...

NADRA to help FBR in bringing non-filers under tax net

ISLAMABAD: The government has given the primary role of documentation of economy to the National Database and Registration Authority (NADRA)...

Islamabad Customs seizes 5,500 mobile phones worth Rs50m

ISLAMABAD: The Customs Department of the Federal Board of Revenue (FBR) has thwarted an attempt to smuggle 5,500 mobile phones...

Textile exporters ask FBR to fix FASTER system

MULTAN: The Fully Automated Sales Tax e-Refund (FASTER) system of the Federal Board of Revenue is down for the last...

PRA cracks down on tax defaulter in Rawalpindi