PSA takes strong steps to check substandard solar imports KARACHI: Pakistan Solar Association (PSA) is doing its utmost to ensure a stable and reliable supply of solar panels... Published 31 Aug, 2024 06:55am
Business & Finance APTMA, German importers agree to boost bilateral trade expansion LAHORE: The All Pakistan Textile Mills Association (APTMA) and a visiting delegation of German importers have agreed... Published 27 Aug, 2024 06:44am
Print Nine iron, steel importers laundered money KARACHI: Some nine iron and steel importers have been caught in a massive money laundering worth a staggering Rs 9.7... Updated 10 Aug, 2024 04:23pm
Print Misclassification of steel products: FBR urged to recover taxes from importers ISLAMABAD: The documented steel sector has conveyed to the Federal Board of Revenue (FBR) that misclassification of... Updated 07 Aug, 2024 08:00am
Print TDRO fails to provide relief to importers, exporters ISLAMABAD: Commerce Ministry’s Trade Dispute Resolution Organisation (TDRO) is said to have failed to provide any... Updated 05 Jun, 2024 08:55am
Print Directorate of PCA (South) Karachi: FTO for withdrawal of illegal audit notices to importers ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Directorate of Post-Clearance Audit Karachi to withdraw... Updated 25 May, 2024 08:42am
Print Supplies by importers: Reduced rate of 1-4pc for purpose of tax withholding likely ISLAMABAD: The government is planning to introduce a reduced rate of 1-4 percent for the purpose of tax withholding... Updated 12 May, 2024 01:30pm
Print Regularisation of un-registered mobile phones: FBR issues procedure for commercial importers ISLAMABAD: The Federal Board of Revenue (FBR) has issued a procedure for the commercial importers for regularization... Updated 25 Mar, 2024 08:51am
Print Importers, manufacturers and wholesalers: FBR allows e-invoice integration with its digital system ISLAMABAD: The Federal Board of Revenue (FBR) has allowed importers, manufacturers and wholesalers/ dealers/... Updated 03 Feb, 2024 02:48pm
Business & Finance A think tank for amending laws to improve agri sector LAHORE: The Agriculture Republic, a think-tank that brainstorms agricultural issues and suggests remedies, says the... Published 26 Dec, 2023 04:30am
Business & Finance Fast-moving consumer goods: FBR issues SRO ISLAMABAD: The Federal Board of Revenue (FBR) has directed all importers, manufacturers, wholesalers/ dealers/... Published 13 Dec, 2023 05:33am
Print Importer booked for evasion of Rs30m duty ISLAMABAD: Collectorate of Customs Appraisement- South Asia Pakistan Terminal (SAPT), Karachi has booked an importer... Updated 11 Dec, 2023 09:50am
Business & Finance Release of goods on provisional assessment: Importers no more at liberty to escape liability of duty LAHORE: Importers are no more at liberty to escape the liability of proceedings for recovery of duty, taxes or ... Published 09 Dec, 2023 05:46am
Print Customs values of various goods changed ISLAMABAD: The Directorate General of Customs Valuation Karachi has revised customs values on the import of Hot Melt... Updated 07 Dec, 2023 09:20am
Pakistan Getting goods released on provisional assessment basis: importers accused of violating law LAHORE: Some importers are allegedly violating law by getting released goods on the basis of provisional assessment... Published 17 Oct, 2023 05:51am
Business & Finance Pakistan, South Africa: Al Baraka Bank holds webinar to connect exporters to importers KARACHI: Al Baraka Bank (Pakistan) Limited hosted the first of its kind webinar on the launch of Al Baraka Group... Published 14 Sep, 2023 06:07am
Print Fake/flying invoices: Taxmen told to conduct probe into cases of big cos ISLAMABAD: The Federal Board of Revenue (FBR) has directed the tax officials to investigate cases of commercial... Updated 09 Sep, 2023 09:01am
Business & Finance Economist argues PKR slide hurting market equilibrium KARACHI: The burning problems of the common man, business & industrial community whether small or large are... Published 04 Sep, 2023 06:21am
Print Ampoule manufacturing: Glass tubing subjected to 20pc customs duty: FBR ISLAMABAD: The Customs Classification Committee of the Federal Board of Revenue (FBR) has declared that the glass... Updated 09 Aug, 2023 08:41am
Business & Finance KCCI urges SBP to take notice of banks’ denial to issue LCs KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Mohammed Tariq Yousuf, while referring to deep... Published 25 Jul, 2023 06:20am
Print Inward flows of dollars to create breathing space: ministry ISLAMABAD: The Ministry of Industries and Production (MoI&P) Tuesday said it is still clueless about lifting of... Updated 12 Jul, 2023 08:51am
Print Rate of advance income tax for commercial importers hiked KARACHI: The government has increased the rate of advance income tax for commercial importers from 5.5% to 6%.... Updated 05 Jul, 2023 08:55am
Print Special Technology Zones: FBR imposes conditions on importers ISLAMABAD: The goods imported for the Special Technology Zones (STZs) must be retained for a period of at least ten... Updated 11 May, 2023 08:49am
Business & Finance Mishandling of refund claims worries importers LAHORE: Importers have expressed concerns over not attending their refund claims in correct factual and legal... Published 21 Apr, 2023 05:56am
Business & Finance Frustrated cargoes: No NOC required from SBP & MoC, FTO tells DGTT Karachi ISLAMABAD: The Federal Tax Ombudsman (FTO) has barred the Directorate General of Transit Trade Karachi from asking... Published 08 Apr, 2023 07:18am
Business & Finance Dollar-rupee fluctuation: Importers demand across-the-board hike in drug prices KARACHI: Pakistan is facing an extreme shortage of imported medical products such as those related to general... Published 21 Mar, 2023 06:29am
Print FBR empowers collectors to issue refunds without any monetary limit ISLAMABAD: The Federal Board of Revenue (FBR) has empowered the Collectors of Customs to issue refunds of customs... Updated 15 Mar, 2023 08:50am
Print PPRA declines giving exemption to Exim Bank ISLAMABAD: The Public Procurement Regulatory Authority (PPRA) has turned down a proposal of Exim Bank for exemption... Updated 27 Feb, 2023 08:43am
Business & Finance Delay in LCs’ retirement may lead to controversies involving forged documents LAHORE: Undue delay in the retirement of Letters of Credit (LCs) documents by banks may lead to further ... Updated 23 Feb, 2023 07:19am
Editorials Currencies: criticality of course correction EDITORIAL: Increasing controls on L/Cs along with exchange rate restrictions on the interbank market have only... Published 27 Jan, 2023 06:15am