Karachi, June 17 – The Pakistan Single Window (PSW) has successfully integrated the Marine Fisheries Department (MFD) and Mercantile Marine Department (MMD) into its digital network in collaboration with the Ministry of Maritime Affairs.
(more…)Author: Shahnawaz Akhter
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Tax Experts Express Concerns over Increase in Threshold for Money Whitening
Tax experts have raised questions regarding the proposed enhancement of the foreign currency threshold for the money whitening scheme outlined in the Finance Bill of 2023.
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IR Intelligence Karachi Successfully Prevents Escape of Mastermind in Fake Invoice Mega Scam
Karachi, June 16, 2023 – The Directorate of Intelligence and Investigation (I&I) of Inland Revenue (IR) in Karachi has made a significant breakthrough in the fight against the mafia involved in fake and flying invoice scams.
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FBR Takes Action Against Sputnik Shoes Outlets in Karachi for Tax Evasion
Karachi, June 16, 2023: The Federal Board of Revenue (FBR) has taken strict measures against Sputnik Shoes by sealing their outlets in Karachi due to their persistent tax evasion over the years.
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Pakistan’s Petroleum Import Bill Plunges by 22%
Islamabad, June 16, 2023 – The import bill for Pakistan’s petroleum group has experienced a significant decline of 22% due to falling international oil prices and reduced domestic demand.
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Weekly Prices Experience 0.2% Inflation in Pakistan
Islamabad, June 16, 2023 – The Pakistan Bureau of Statistics (PBS) reported a 0.2 percent increase in weekly prices of essential items for the week ending on June 15, 2023, compared to the previous week.
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PSW Joins Global E-Commerce Alliance to Expand Global Outreach
Karachi, June 15, 2023: Pakistan Single Window (PSW) has achieved a significant milestone by becoming an Associate Member of the Pan-Asian E-Commerce Alliance (PAA).
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OGDCL Commences Oil and Gas Production from Wali (Bettani) Field in Khyber Pakhtunkhwa
Karachi, June 15, 2023 – The Oil and Gas Development Company Limited (OGDCL) has announced the successful commencement of oil and gas production from the Wali (Bettani) Field in District Lakki Marwat, Khyber Pakhtunkhwa Province.
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Immunity to Bring Dollars into Pakistan May Lead to Misuse, Experts Warn
In a recent development, concerns have been raised by experts regarding the proposed immunity in the Finance Bill, 2023, which allows individuals to bring dollars into Pakistan.
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FBR Announces Tax Collection Schedule for Eid Holidays
Islamabad: The Federal Board of Revenue (FBR) has released a schedule for the collection of duty and taxes during the upcoming Eid holidays, expected to occur later this month.
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