Daily Archives: March 3, 2017

SECP registers 854 companies in February 2017

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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 activates unit to monitor integrity, performance of officers for combating corruption

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ISLAMABAD: Federal Board of Revenue (FBR) on Friday decided to operationalize Integrity and Performance Management Unit (IPMU) to combat corruption and to ensure the integrity of officials and employees of the board.

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

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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

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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

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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).