Islamabad, August 4, 2023 – In a recent development, an official of Pakistan Customs has been slapped with a major penalty following charges of corruption, misconduct, and inefficiency.
(more…)Author: Shahnawaz Akhter
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Badshah Khan Wazir Appointed as FBR’s Member Inland Revenue – Operations
Islamabad, August 3, 2023 – The Federal Board of Revenue (FBR) has announced the appointment of Mir Badshah Khan Wazir as Member Inland Revenue (IR) – Operations, effective immediately.
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Karachi Port Shipping Intelligence Report on August 3, 2023
Karachi, August 3, 2023 – The Karachi Port Trust (KPT) has released its latest Shipping Intelligence report, detailing the ongoing activities at the port.
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Daily Cargo Handling Report of Karachi Port on August 03, 2023
Karachi, August 3, 2023 – In a commendable display of efficiency, the Karachi Port Trust successfully managed the handling of a substantial 86,037 tons of cargo in the last 24 hours, concluding at 0700 hours on August 3, 2023.
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Tax Rates on Bank Deposits and Saving Schemes in Pakistan Revealed
Karachi, August 3, 2023 – The Federal Board of Revenue (FBR) in Pakistan has issued an official notification revealing the tax rates on bank deposits and national savings schemes under Section 151 of the Income Tax Ordinance, 2001.
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Pakistan Imposes Up to 70% Tax on Dividend Income for Non-ATL Recipients
Karachi, August 3, 2023 – Pakistan Federal Board of Revenue (FBR) has implemented a new tax regime for the fiscal year 2023-24, which includes significant changes in the tax rates on dividend income.
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FBR Unveils Withholding Tax Rates During 2023-24 for ATL and Non-ATL Importers
Karachi, August 2, 2023 – The Federal Board of Revenue (FBR) has released the withholding tax rates for the import of goods during the tax year 2023-24.
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FBR Introduces Tracking and Monitoring of Cargo Rules, 2023 to Enhance Trade Security
Islamabad, August 2, 2023 – In an effort to bolster security and ensure transparency in trade, the Federal Board of Revenue (FBR) of Pakistan has notified the Tracking and Monitoring of Cargo Rules, 2023.
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German Chamber of Commerce to Establish Office in Pakistan
Karachi, August 2, 2023 – In a significant development, H. E. Mr. Rudiger Lotz, Consul General of Germany in Karachi, has announced that the German Chamber of Commerce & Industry (DIHK) is set to establish its office in Pakistan, highlighting the growing importance of trade and economic ties between Germany and Pakistan.
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SBP Bolsters Consumer Protection Efforts with New Departments
Karachi, August 1, 2023 – In a significant move towards safeguarding consumer rights, the State Bank of Pakistan (SBP) has taken proactive steps to enhance consumer protection by restructuring its internal departments.
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