Latest News

REAP threatens to shutdown mills from tomorrow

PAR May 15, 2017 0

Rice Exporters Association of Pakistan (REAP) has announced to shutdown rice mills from Monday if the goods transporter strike issue persists. Address...

Cotton market: trade activity may gain momentum on incentives news

PAR May 15, 2017 0

The volume of business was firm on the cotton market on Saturday following the announcement of incentives' package by the government for growers, deal...

10 Days Weather Advisory for Farmers 11th to 20th May 2017

PAR May 12, 2017 0

Temperature Forecast Day temperatures are expected slightly above normal in southern parts however slightly normal in northern half of the country du...

Mills take interest in fresh buying

PAR May 12, 2017 0

Some latest developments propelled mills and spinners to make forward buying on the cotton market on Thursday, dealers said. The official spot rate wa...

DG Valuation revises customs value of methanol vide VR No. 1157/2017

par May 12, 2017 0

KARACHI: The Directorate General of Customs Valuation has revised the customs values of methanol through Valuation Ruling No 1157/2017 under Section 2...

Switzerland seeks strong trade ties with Pakistan: Envoy

par May 12, 2017 0

SIALKOT: – Ambassador of Switzerland to Pakistan Marc P. George has stressed the need of promotion of strong trade relations between Pakistan and Swit...

FBR issues notice to Irrigation Dept for being tax-defaulter

par May 12, 2017 0

LAHORE: The Federal Board of Revenue (FBR) served a notice on the Irrigation Department for not paying excise duty. The Federal Board of Revenue issu...

Offshore company owners ready to pay evaded tax to national exchequer

par May 12, 2017 0

KARACHI: The Custom (Taxation & Anti-Smuggling) Court was informed that absconding accused named Bashir Dawood and Mariyam Dawood are ready to pay...

Collector Preventive Saifuddin Junejo devises new strategy to facilitate importers, exporters

par May 12, 2017 0

KARACHI: The Collectorate of Customs, Preventive, has decided to adopt a new strategy to facilitate importers and exporters in clearance of re-importe...

Farmers voice concern over sale of adulterated dairy products

PAR May 11, 2017 0

Farmers have expressed serious concern over sale of adulterated dairy products in open market, and urged the government to devise effective mechanism...

Import of Indian mangoes through LFU halts due to less demand

par May 11, 2017 0

LAHORE: Import of mangoes from India has badly effected due to decrease in demand in local market especially in Lahore. Few importers of Pakistan has...

Government urged to extend urea export deadline

PAR May 11, 2017 0

Fertilizer manufacturers have asked the government to extend the urea export deadline until December 2017 to be able to get rid of their surplus produ...

SHC seeks comment from tax authorities on seizing record from petitioner’s office

par May 11, 2017 0

KARACHI: The Sindh High Court (SHC) has sought comments from tax authorities on a constitutional petition filed by M/s SP (Private) Limited, seeking r...

Faisalabad customs court adjudicates 275 cases, recovers Rs 245.071m during four months

par May 11, 2017 0

FAISALABAD: The customs adjudication decided 275 cases of smuggling and recovered Rs 245.071million during the first four months (January-April) of cu...

Multan PCA detects tax evasion of Rs 5.864m by M/s Suncrop Pesticides

par May 11, 2017 0

MULTAN: Directorate of Post Clearance Audit (PCA) has detected tax evasion of Rs 5.864 million by M/s Suncrop Pesticides on the import consignments du...