Custom House Karachi to remain open on June 25 and 28 for revenue collection


KARACHI: Model Customs Collectorate (MCC) Appraisement West on Thursday announced that Custom House Karachi will remain open on Sunday June 25 and Wednesday June 28 on account of collection of duty and taxes.

FBR nominates 19 customs officers of BS-20 for promotion training


ISLAMABAD: Federal Board of Revenue (FBR) has nominated 19 officers of BS-20 Pakistan Customs Service (PCS) for mandatory training course for promotion into next grade.

FBR revives circle system to identify potential taxpayers


ISLAMABAD: Federal Board of Revenue (FBR) has revived income tax circle system to tap potential taxpayers and enhance facilitation for existing taxpayers at district level.

SECP notifies regulations for future exchanges


ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) on Friday notified the Futures Exchanges (Licensing & Operations) Regulations, 2017. Those have been issued under the Futures Market Act, 2016.

SBP issues fresh currency notes worth Rs342bn for Eid-ul-Fitr; 44pc higher than last year


KARACHI: State Bank of Pakistan (SBP) has issued fresh currency notes worth Rs342 billion for Eid-ul-Fitr during current Ramazan, which is 44 percent higher than Rs237 billion issued in last Ramazan.

Five customs officials submit asset declaration; performance allowance restored


KARACHI: Federal Board of Revenue (FBR) on Thursday restored performance allowance (equivalent to 100 percent basic pay) of five customs officials BS-16 on submission of declaration of assets.

SRB explains tax payable on franchise services


KARACHI: Sindh Revenue Board (SRB) has explained tax payable on services rendered by franchise and in this regard the provincial revenue authority amended the Sndh Sales Tax on Services Rules, 2011.

Customs collectorates to remain open midnight of June 30 for revenue collection


ISLAMABAD: Customs collectorates will remain open till mid-night of June 30 in order to facilitate the trade for collection of duty and taxes. The customs stations will also observe extended working hours on June 22, 23, 24 and 29 for the purpose.

SECP issues forms for reporting beneficial ownership


ISLAMABAD: The Securities and Exchange Commission of Pakistan (SEC) on Thursday issued the forms for reporting beneficial ownership information as required under section 452 of the Companies Act, 2017.

Sugar export deadline extended by 22 days only for Afghanistan


KARACHI: The government has extended the deadline for sugar export to Afghanistan through land route as the border was closed from May 05 to 27.