Karachi

15/05/2014

KARACHI: Federal Board of Revenue is facing huge revenue loss due to the absence of tabulation for determining the values...

Budget proposals: All ports, banks, FBR offices should remain open on Saturdays

15/05/2014

KARACHI: All Chambers of Commerce and Industry and trade associations across the country have unanimously urged the government to reduce...

Pak Customs seeks verified data of petrol pumps within 48hrs

15/05/2014

KARACHI: Pakistan Customs has directed the oil marketing companies to provide verified data of all legal petrol pumps within 48...

RTO Karachi urges filing IT returns to avoid legal action

14/05/2014

KARACHI: A large number of potential taxpayers are approaching the income tax department for compliance. The department has also advised...

PRV Section of MCC Appraisement-West recovers Rs20.1m

KARACHI: Post Release Verification (PRV) Section of Model Customs Collectorate of Appraisement-West has recovered an amount of Rs 20,124,450 in...

Ahmed Mujtaba Memon resumes charge as Collector Adjudication-II

KARACHI: Collector of the Customs Collectorate of Adjudication-II, Ahmed Mujtaba Memon has resumed charge as Collector, Customs Collectorate of Adjudication-II...

IOCO recommends FBR to change SROs 565,567,575

KARACHI: Input-Output Co-efficient Organization (IOCO) has forwarded recommendations to Federal Board of Revenue regarding change in concessionary regime/exemptions in SROs...

Importers, traders irked by higher valuation, gross weight charges

KARACHI: Pakistan Customs authorities are determined to reduce the massive difference between the revenue collection and the revenue target set...

Pak-China FTA: Leather exports yet to reap benefits

12/05/2014

KARACHI: Pakistan is not benefiting from Free Trade Agreement with China, as the leather industry is still paying around 9...

R&D Section of MCC Appraisement-East recovers Rs15.6m

12/05/2014

KARACHI: The Research and Development (R&D) Section of Model Customs Collectorate of Appraisement-East has recovered an amount of Rs 15,590,381...

FPCCI urges privatized customs laboratory at Karachi

12/05/2014

KARACHI: Federation of Pakistan Chambers of Commerce & Industry (FPCCI) President Zakaria Usman while lamenting the Pakistan Customs for not...

GST on security service: APSAA demands withdrawal of levy

10/05/2014

KARACHI: All-Pakistan Security Agencies Association (APSAA) Chairman Col (r) Tauqeerul Islam and Karachi Chamber of Commerce and Industry (KCCI) Senior...

76 illegal petrol pumps, depots demolished in 2 days of crackdown

10/05/2014

KARACHI: 76 illegal petrol pumps and depots in six districts of Karachi have been demolished in two days crackdown operation...

Promotion of ministerial staff in doldrums; DPC needs more details

KARACHI: The promotions of Pakistan Customs officials, below Grade-15 are in doldrums, as the Departmental Promotion Committee (DPC) has not...

April 2014: MCC Port Qasim collects Rs20.2b, shortfall remains Rs10.4b

KARACHI: Model Customs Collectorate of Port Muhammad Bin Qasim has collected an amount of Rs 20, 255.49 million in the...

Director Customs Intelligence vows to provide relief to genuine importers

KARACHI: Responding to Karachi Chamber’s demands, Asif Marghoob Siddiqui, Director Intelligence & Investigation Customs, Federal Board of Revenue (FBR) announced...

50 illegal petrol pumps demolished during crackdown by IATF