Latest News

ISLAMABAD: Federal Board of Revenue (FBR) has issued order for transfer and posting of following BS-16 officials of Pakistan Customs...

Collector PMBQ seeks dismissal of petition filed by M/s Dany Technologies & others

byM.B. Rana

KARACHI: Jahangir Bohio, Assistant Collector-Law has submitted reply before a division bench of Sindh High Court (SHC) on behalf of...

FBR invites applications for 322 vacant posts of BS-1 to BS-14 in Pakistan Customs

ISLAMABAD: Federal Board of Revenue (FBR) has invited job applications for vacant posts (BPS-01 to BPS-14) at various collectorates/ directorates...

Customs Court directs to freeze 18 bank accounts of M/s Khan Cargo Carrier in money laundering scam

byM.B. Rana

KARACHI: The Customs court allowed provisionally attachment of 18 bank accounts, appears to be involved in money laundering for a...

High port charges in Pakistan discouraging trade with Afghanistan, NA body told

ISLAMABAD: During a meeting of National Assembly’s Standing Committee on Commerce, the officials of the Ministry of Commerce said...

SHC directs customs officials not to take action against M/s International Industries Limited

byM.B. Rana

KARACHI: The Sindh High Court (SHC) restrained customs officials from taking any coercive action against importer M/s International Industries Limited...

Sindh govt starts releasing wheat quota for flour mills

KARACHI: The Sindh government has started releasing the wheat quota to flour mills after setting up the government prices to...

Businessmen contributing over Rs2400b in custom duty other taxes to national kitty

byM Hayat

LAHORE: The business community has been contributing over Rs626 billion as customs duty, Rs250 billon as federal excise duty (FED)...

Gold imports decline 73pc in 1Q of FY21

ISLAMABAD: The imports of gold into the country witnessed decline of 73.04 percent during the first quarter (Q1) of the...

Pak Rupee strengthens by 11 paisas against USD

KARACHI: The Pak Rupee gained 11 paisas against dollar on Monday owing to improved economic indicators. The rupee ended Rs162.38...

Govt should provide conducive environment for economic progress: Nasir Mirza

RAWALPINDI: The President of Rawalpindi Chamber of Commerce and Industry (RCCI) Nasir Mirza has said that the government should provide...

HCCI Patron in Chief calls office bearers to strive for businessmen betterment

HYDERABAD: The Patron-in-Chief of Hyderabad Chamber of Commerce and Industry Goharullah has called upon the newly elected HCCI office bearers...

Cutlery export increases 17.68pc in 3 months

ISLAMABAD: The cutlery exports from the country witnessed an increase of 17.68 percent during the first three months of current...

Quetta Customs, LEAs taking effective measures to curb smuggling: Collector Irfan Javed

byTariq Derya

QUETTA: Collectorate of Customs Enforcement and Compliance Collector Irfan Javed has said that due to inter-agency cooperation and effective crackdown,...

A scene at one of the supermarket in Paranaque City, a shopper checks on sweetened drinks. Report said that Consumer prices in January rose at the fastest pace in over 3 years, exceeding expectations, as the government implemented the first tranche of tax reforms.The consumer price index rose 4 percent, compared to the 3.3-percent increase last December. Analysts polled by Bloomberg predicted a 3.5-percent uptick. It was the fastest increase since Oct. 2014.he government implemented higher taxes on fuel, sugar-sweetened drinks and cars from Jan. 1 to offset a reduction in personal income tax rates and help fund President Rodrigo Duterte's P8-trillion infrastructure program.Photo by:NONIE REYES

Food industry forms trade body

LAHORE: Leading national and multi-national food-enterprises operating in the country have formed the Pakistan Association of Food Industries (PAFI). The...

NAB determined to deal money laundering, white collar crime cases on merit: Chairman Javed Iqbal

ISLAMABAD: National Accountability Bureau (NAB) Chairman Justice (r) Javed Iqbal has said that the NAB determined to deal with...

Multan I&I earns Rs65.03m through auction of vehicles & goods

MULTAN: Directorate of Customs Intelligence and Investigation (I&I) generated Rs65.03 million through auction of non-customs paid vehicles and miscellaneous goods....

Container ships wait to be unloaded at the Port of Oakland on Wednesday, March 7, 2018, in Oakland, Calif. The U.S. trade deficit rose in January to the highest level since October 2008, defying President Donald Trump's efforts to bring more balance to America's trade with the rest of the world, the Commerce Department said Wednesday. (AP Photo/Ben Margot)

KPT shipping intelligence report Oct 19