Heavy rains play havoc with Lahore dry ports
LAHORE: Like other areas of the city, torrential rains have played havoc with already insufficient infrastructure at the Lahore Dry Port; bring business activities to a grinding halt. The Mughalpura...
View ArticleTDAP to organize ‘Alishan Pakistan’ exhibition in New Delhi
ISLAMABAD: Despite strong opposition by an Indian Hindu fundamentalist organisation, preparations are in full swing to make the upcoming event ‘Aalishan Pakistan’ lifestyle exhibition in New Delhi a...
View ArticleSlow economies affecting major ports, says Shanghai Shipping Institute
SHANGHAI: Ports around the world overall saw weak performance in the second quarter of 2014 due to less trade to and from emerging markets in Asia, according to the Shanghai International Shipping...
View ArticleANF seizes tons of contrabands in Khyber Pakhtunkhwa
ISLAMABAD: The Regional Directorate Anti-narcotics Force (ANF) Khyber Pakhtunkhwa recovered smuggled drugs worth billions of rupees in August, which were several times more than the quantity of drugs...
View ArticleFBR Chairman Bajwa chairs board-in-council meeting today
ISLAMABAD: The Federal Board of Revenue (FBR) has changed the time for board-in-council meeting to 2:30pm which was scheduled at 11am on Wednesday. As per details, FBR Chairman Tariq Bajwa will preside...
View ArticleIndia to frame law to protect Pakistani investors
ISLAMABAD: The Ministry of Commerce, in a report, sent to the government stated that the Indian Parliament is planning legislation to provide financial and non-financial protection to those Pakistani...
View Article2000 containers used to restrain Imran, Qadri marches
LAHORE: Lahore Chamber of Commerce and Industry (LCCI) Vice President Mian Tariq Misbah said that road blockade with containers may save the democracy but could subvert the economy. He said that delay...
View ArticlePRA seeks audited copy of accounts from taxpayers
LAHORE: The Punjab Revenue Authority (PRA) has asked the registered persons and businesses in corporate sector to submit a copy of annual audited accounts along with tax payments’ propriety certificate...
View ArticleImport goods theft at Ports becoming severe: Muffasar Malik
KARACHI: Acting President of the Karachi Chamber of Commerce and Industry (KCCI), Muffasar Atta Malik has expressed deep concern over rising incidents pertaining to theft of imported goods during...
View ArticleLCCI polls: Anarkali traders support PIAF-Alliance
LAHORE: The traders of Anarkali and associated markets have announced to support PIAF-Founders Alliance candidates in the LCCI elections being held on September 22-23 in Lahore. The announcement was...
View ArticleBajwa directs tax officers to recover Rs 70 billion from SM Foods
MULTAN: The Federal Board of Revenue Chairman Tariq Bajwa has directed the subordinates to present the comprehensive report on Rs 70 billion tax evasion by a famous businessman of Multan City. As per...
View ArticleFBR to devolve powers to act against ‘black sheep’
ISLAMABAD: The Board in Council of the Federal Board of Revenue (FBR), on suggestion of Member Customs Nisar Muhammad Khan, has decided to give authority of institutional punitive measures to field...
View ArticleEx-CEO Hamdani owns TCS building
ISLAMABAD: The customs authorities have learnt that former TCS CEO Saqib Hamdani has the ownership of the main building of the TCS Express and Logistics Centre near Jinnah International Airport at...
View ArticlePhysical, mental health perquisite for nation’s efficiency: LCCI
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has organised a day-long seminar on “The Hidden Enemy” on Friday, in which a large number of people from different walks of life participated....
View ArticleUS asks 5 European countries to set up preclearance checkpoints
NEW YORK: The United States has asked five European countries to establish preclearance checkpoints at airports for customs and immigration. The advance checkpoints for foreign travel were recently...
View ArticleChief Collector Nasir Masroor terms under-invoicing dilemma
KARACHI: Customs Chief Collector Appraisement-South Nasir Masroor Ahmed has said that the customs authorities issued valuation guidelines because principal appraisers and appraisers of the Pakistan...
View ArticleFederations of Pak-Indian chambers join hands to enhance bilateral trade
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and Federation of Indian Chambers and Commerce (FICCI) have signed an agreement to enhance bilateral trade between the...
View ArticleCourt issues non-bailable warrants for arms smuggler
KARACHI: The Customs and Taxation Court Special Judge Soofia Latif issued non-bailable warrants for Javed Sami, accused of smuggling arms and ammunition at Jinnah International Airport Karachi last...
View Article2,000 containers supply ATT goods from Karachi ports
KARACHI: Pakistan is constantly losing its share of the Afghan Transit Trade (ATT), the primary beneficiary of which is Iran. There are no statistics available but it is estimated that Iran’s share in...
View ArticleImporters lament theft incidents at PICT
KARACHI: Traders and importers have expressed their deepest concerns over growing theft incidents at the Pakistan International Containers Terminal (PICT) during last few months. Sources told Customs...
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