FBR notifies transfer, postings of senior customs officers; Tariq Huda posted as Collector Appeals


ISLAMABAD: Federal Board of Revenue (FBR) on Friday notified transfers and postings of senior customs officials of BS-19-20 with immediate effect and until further orders. Tariq Huda, who served as Collector Preventive Karachi for a long time, has been posted as Collector Appeals Karachi.

Undocumented property in spouse name to be treated benami transaction


ISLAMABAD: Any property in the name of spouse will be treated benami of a person if the property found undocumented, said an official of Federal Board of Revenue (FBR).

SECP detects brokerage houses involvement in illegal activities for raising deposits


ISLAMABAD: The chairman of Securities and Exchange Commission of Pakistan (SEC), Zafar Hijazi, has expressed the SECP’s firm resolve that strict action would be taken against brokerage houses found involved in malpractices and misuse of client assets.

SECP files criminal case against senior banker for insider trading


ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Thursday filed a criminal case against an employee of a leading bank, who was working as AVP investment, for being involved in insider trading.

Senate committee takes suo moto notice against SECP


ISLAMABAD: Senate Standing Committee on Finance and Revenue has taken suo moto notice against the actions of Securities and Exchange Commission of Pakistan (SECP) for having dubious role in capital market.

Business community’s budget proposals to be considered: Dar


ISLAMABAD: Finance Minister Senator Mohammad Ishaq Dar on Thursday said that the government had already initiated the process for preparation of budget and in this regard it would take into consideration views and suggestions of all stakeholders, the business and traders community, economic experts as well as the general populace.

SRB to hold meetings with stakeholders from next week


KARACHI: Khalid Mahmood, Chairman, Sindh Revenue Board (SRB) on Wednesday said that issues between the revenue body and stakeholders will be resolved soon as the SRB is going to hold meetings separately with representatives of each sector from next week onwards.

SECP, SBP join hands to eliminate financial crimes


ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) and State Bank of Pakistan (SBP) on Wednesday vowed to jointly take action for eradicating financial crimes in the country.

NAB arrests stock broker on SECP’s reference


ISLAMABAD: National Accountability Bureau (NAB) has arrested an officials of defaulted brokerage house while taking prompt action on a reference forwarded by the chairman of Securities and Exchange Commission (SECP).

Finance division advertises for hiring CEO EXIM Bank


ISLAMABAD: Finance Division on Wednesday advertised for hiring of Chief Executive Officer (CEO) and company secretary for newly established EXIM Bank of Pakistan.