Karachi: The corporate and financial sector of Pakistan are investing to develop the agriculture sector. This view emerged at the launch of The State of Pakistan’s Agriculture 2024 report by Pakistan ...

KARACHI: In a groundbreaking revelation, the Post Clearance Audit (PCA) South has uncovered a massive fiscal fraud amounting to Rs. 2.4 billion, allegedly orchestrated by M/s Qazi Sanjrani Enterprises ...

KARACHI: Arshad Khurshid, former president of the Karachi Customs Agents Association (KCAA), has praised the outstanding efforts of Chief Collector (A) South, Mr. Jamil Nasir, along with his team of ...

KARACHI: The faceless assessment system, designed to streamline customs procedures, is facing criticism for being artificially successful. The system has turned the yellow channel into the green ...

Karachi: The Federal Board of Revenue (FBR) has announced pivotal amendments to the Customs Rules, 2001, aimed at refining the process for granting customs agents licenses and enhancing the customs ...

KARACHI: The Customs Officers can exercise power under section 80 (3) of Customs Act 1969 only during checking of GD and not beyond once goods are out of charge or cleared. Any re-assessment in ...

KARACHI: FBR has notified transfers and postings of BS-16 officers from various collectorates to Customs Appraisement, South Asia Pakistan Terminal (SAPT), Custom House, Karachi. Among those affected ...

KARACHI: Federal Board of Revenue (FBR) has announced a new distribution of responsibilities among officers in the Customs Operations Wing, Islamabad. This reorganization is effective immediately and ...

KARACHI: The 18th edition of Build Asia 2024 witnessed handsome business activities with over $100 million deals were signed between foreign and local companies and buyers, in heavy machinery, ...

The total liquid foreign reserves held by the country stood at US$ 16,371.5 million as of 20-Dec-2024. The break-up of the foreign reserves position is as under: Foreign reserves held by the State ...

KARACHI: The government of Sindh is working aggressively to boost economic activities across the province, including a mega construction project in Karachi to attract foreign investors and overseas ...

Karachi: Recent changes in the Faceless Customs Assessment (FCA) have significantly impacted the processing of Goods Declarations (GDs). Following a backlog of 3500 pending GDs, the number of ...