Daily Archives: August 16, 2017

Customs intelligence recovers Rs166.16 million worth smuggled goods, three vehicles

KARACHI: Directorate General of Intelligence and Investigation, Customs, Karachi has recovered smuggled goods worth Rs166.16 million and seized three vehicles in an action against a bonded carrier.

FDI sharply increases by 162.8pc in July 2017

KARACHI: Foreign Direct Investment (FDI) has registered massive growth of 162.8 percent in July 2017 to $222.6 million as compared with $84.7 million in the same month of last year, according to foreign investment data released by State Bank of Pakistan (SBP) on Wednesday.

Cabinet ratifies agreement between Pakistan, Hong Kong for avoidance of double taxation

ISLAMABAD: The federal cabinet has ratified agreement between Pakistan and Hong Kong – Special Administrative Region of the People’s Republic of China – for the avoidance of double taxation and the prevention of fiscal evasion with respect of taxes on Income.

FBR issue advisory against fake e-mails asking for taxpayers bank account details

ISLAMABAD: Federal Board of Revenue (FBR) has advised taxpayers for not sharing their bank account details and password to any email sent from a fake FBR email address.