Robert Kaproth, Deputy Assistant Secretary of the US Department of the Treasury for Asia Wednesday extended his support and cooperation… Read More
All Benches of ATIR Have Become Temporarily Dysfunctional
In an extraordinary development, the first independent forum (Appellate Tribunal Inland Revenue) available to the taxpayers to file appeals against… Read More
Lack of Frameworks has Limited Govt’s Capacity to Exchange Data Securely: WB
Despite the presence of relatively strong national ID and payment systems, the lack of interoperability frameworks and mechanisms has limited… Read More
Intellico AG Interested in A2P Messaging Business in Pakistan
Federal Minister for Information Technology and Telecommunication Syed Amin-Ul-Haque held a virtual meeting with Massimo Cristini, the CEO of Switzerland-based… Read More
SECP to Simplify Process of Rehabilitating Distressed Entities
In a bid to streamline investment processes for Corporate Restructuring Companies (CRCs) and provide greater flexibility for restructuring operations, the… Read More
Passengers Caught With Luxury Mobile Phones and Laptops Worth Millions at Islamabad Airport
Pakistan Customs has recovered luxury mobile phones worth millions at Islamabad International Airport. Sources informed ProPakistani that Customs officials posted… Read More
Pakistan’s First Digital Census Gets Delayed Again
Pakistan Bureau of Statistics has directed all Census District Officers (CDOs) to proceed with all the requisite activities as per… Read More
Steel Industry in Shambles as Scrap Imports Dip by 55% YoY
Pakistan’s steel sector has reached a decade low as scrap steel imports have nosedived by 55 percent year on year… Read More
SBP Mulls Over Opening LCs for Fuel Imports
The issue of pending/blocked letters of credit (LCs) for oil marketing companies (OMCs) and refineries will soon be resolved as… Read More
FBR’s Arm Confiscate Illicit Cigarette Worth Millions
The Inland Revenue Squad of Enforcement Network (IREN) of the Regional Tax Office (RTO) Rawalpindi confiscated scores of non-duty paid… Read More
Govt Likely to Accept All Prior Actions for IMF’s 9th Review
Pakistan and the International Monetary Fund (IMF) may finalize a schedule for formal talks soon to complete the stalled 9th… Read More
Tax Can Be Imposed on Foreign Assets of Resident Individuals: LHC
In a landmark judgment, the Lahore High Court (LHC) has declared that tax can be legally imposed on foreign assets… Read More
