MCC Appraisement West announce auction of 57 fresh and leftover vehicles on April 15

KARACHI: Model Customs Collectorate (MCC) Appraisement – West announced public auction of fresh and leftover motor vehicles to be held on April 15, 2019 at Al-Hamd International Container Terminal (AICT). Following vehicles... Read more »

FBR announces major reshuffle; transfers 41 customs officers of BS-17-18

ISLAMABAD: Federal Board of Revenue (FBR) on Friday announced major reshuffle in Pakistan Customs Service (PCS) and transferred and posted 41 officers of BS17 and BS-18 with immediate effect and until further... Read more »

Equity market recovers 550 points on IMF loan program

KARACHI: The equity market made recovery of over 550 points on Friday on reports of IMF loan program. Read more »

FBR promotes officers to BS-16 superintendent

ISLAMABAD: Federal Board of Revenue (FBR) on Friday promoted assistant tax officials of BS-16 to the post of superintendent (BS-16) with immediate effect. Read more »

Rupee ends firmer against dollar

KARACHI: The Pak Rupee ended firmer against dollar on Friday amid lackluster demand for import and corporate payments. Read more »

Main features of Amnesty Scheme 2019

KARACHI: The government may launch a new tax amnesty scheme 2019 on April 15 for allowing undeclared local and domestic assets to become part of documented economy. Read more »

Sales Tax Act 1990: recovery of short payment without notice

KARACHI: The sales tax law authorized tax authorities to recover short paid amount without issuing notice. According to updated Sales Tax Act, 1990 issued by Federal Board of Revenue (FBR), the Section... Read more »

CPEC to open new vistas of opportunities for entire region: Imran Khan

ISLAMABAD: Prime Minister Imran Khan on Thursday said that China-Pakistan Economic Corridor (CPEC) project will open new vistas of opportunities for the entire region. Read more »

Tax rates for proposed Amnesty Scheme 2019

KARACHI: Persons may be allowed to avail tax amnesty at one percent for undeclared banking transactions of past five years. Read more »

GlaxoSmithkline’s drugs seized for illegal price increase

ISLAMABAD: Federal Minster Aamer Mehmood Kiani and Chief Executive Officer (CEO) Drug Regulatory Authority of Pakistan (DRAP) Asim Rauf visited UDL distribution along with area Federal Inspector of Drugs. Read more »