Daily Archives: July 6, 2017

KCAA members meet FBR chairman

KARACHI: A delegation of Karachi Customs Agents Association (KCAA) on Thursday met Tariq Mahmood Pasha, newly appointed chairman of Federal Board of Revenue (FBR) in Islamabad and facilitated him on assuming the charge.

SBP issues guidelines for converting conventional bank into Islamic financial entity

KARACHI: State Bank of Pakistan (SBP) on Thursday issued detailed guidelines for conversion of conventional bank into Islamic mode of financial entity.

Appraisement (West) Karachi allowed to issue bonded carrier license; rules notified

ISLAMABAD: Federal Board of Revenue (FBR) has allowed Model Customs Collectorate (MCC) Appraisement (West) Karachi to issue bonded carrier license for a period of two years.

Period to maintain import record enhanced to five years; SRO 564(I)/2017 issued

ISLAMABAD: Federal Board of Revenue (FBR) has increased the time – period to five years for maintaining manual or electronic accounts and records of import and disposal and supply by importers.

FBR amends customs agents licensing rules; issues SRO 564(I)/2017

ISLAMABAD: Federal Board of Revenue (FBR) has allowed renewal of customs agent license after five years instead of two years with condition that the license of the customs agent shall valid for the last 10 years and no criminal proceedings have been initiated or pending before the licensee.

Dar discusses rupee fall with banks heads’ today

ISLAMABAD: Finance Minister Senator Mohammad Ishaq Dar will chair a meeting today (Thursday) with Chief Executive Officers (CEO) and presidents of commercial banks to discuss the sharp decline in rupee value against dollar in interbank foreign exchange market.