Daily Archives: March 3, 2017

SECP registers 854 companies in February 2017


ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has registered 854 companies in February 2017.
The number of companies registered with SECP during February 2017 has exhibited a remarkable growth of 71 percent over the corresponding month of the last year, said a statement on Friday.

FBR announces large scale transfers of BS-19-20 customs officers


ISLAMABAD: Federal Board of Revenue (FBR) on Friday notified major reshuffle of senior customs officers and transferred and posted 27 officers of BS-19-20 in Pakistan Customs Service (PCS) with immediate effect.

Benamidar restrained from property transfer after start of proceedings


KARACHI: A person holding a benami property is restrained from transferring it to the beneficial owner if a proceeding has been initiated by authorities under Benami Transactions (Prohibition) Act, 2017.

FBR agrees to stop raids: FPCCI


ISLAMABAD: The Federal Board of Revenue (FBR) has agreed to stop raiding businesses and industries which are in the tax net on the behest of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI).