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Author Archives: M Arshad

Dastgir to visit Netherlands to improve trade ties

ISLAMABAD: Federal Commerce Minister Khurram Dastgir is scheduled to start a four-day official visit to Netherlands on coming Tuesday. The invitation for this visit was extended by Dutch Minster for Trade Ms Liliame Ploumen during her visit to Pakistan in May this year. During his stay in Amsterdam, minister will hold meetings with Dutch officials on matters of bilateral interest ... Read More »

Britain to help FBR improve tax collection

ISLAMABAD – The Federal Board of Revenue (FBR) on Thursday signed a Memorandum of Understanding (MoU) with Her Majesty’s Revenue and Customs (HMRC). British High Commissioner Philip Barton and Finance Minister Ishaq Dar also witnessed the signing ceremony. As per MoU, the UK will provide technical assistance to the FBR over the next three years to help build its capacity ... Read More »

ANF receives 20,000 applications against 254 posts

ISLAMABAD: The Anti-Narcotics department has received more than 20, 000 applications till now against 254 vacancies in the ANF Headquarters Rawalpindi. As per details, Ministry of Interior has invited applications from suitable male/female candidates for the vacancies of grade1 to 14 to be submitted before September. Sources expected that number of applications would certainly touch the figure of 30, 000 ... Read More »

ANF recovers drugs worth Rs 480 million in countrywide raids

ISLAMABAD: The Anti Narcotics Force (ANF) Tuesday recovered drugs worth Rs 480 million in eight countrywide operations. Most of the seized drug was being smuggled for local use. ANF also arrested 10 people along with three vehicles. The recovered drugs comprise 446 kg of charas and five kg heroin in eight operations conducted at Rawalpindi, Lahore, Peshawar, Abbotabad, Sukkur and ... Read More »

TDAP planning exhibitions in other SAARC countries: Dr Shimail  

ISLAMABAD: The Trade Development Authority of Pakistan (TDAP) is planning to organize exhibitions like Alishaan Pakistan in other countries of the South Asian Association of Regional Cooperation (SAARC). “TDAP Chief Executive S M Muneer has endorsed the concept presented by different organizations of traders on the sidelines of Alishaan Pakistan exhibition held in New Delhi,” the outgoing President of Rawalpindi ... Read More »

FBR fails in issuing tax cards

ISLAMABAD: The Federal Board of Revenue (FBR) has failed in meeting the deadline of September 15 for the issuance of 0.850 million tax cards to tax payers. The tax cards were scheduled to be provided at the doorsteps of those taxpayers by mid-September who had filed their tax returns by 2013 and tax cards will have validity up to March, ... Read More »

Govt eyes to get $1.10 billion from IMF in December

ISLAMABAD: The government plans to get fourth and fifth tranche of loan from International Monetary Fund (IMF) all together in December under the Extended Fund Facility (EFF). An Extended Fund Facility with IMF provides assistance in support of comprehensive programs that include policies of the scope and character required to correct structural imbalances over an extended period. It has a ... Read More »

PNSC, Sri Lanka pact in doldrums: Secy Shipping Babar Yaqoob

ISLAMABAD: The agreement between Pakistan National Shipping Corporation (PNSC) and Sri Lankan Ministry of Ports and Highways seems to be in doldrums. Similarly, project of handling of millions of tons of coal through PNSC does not seem to be materialized. While talking to Customs Today, Secretary Ministry of Ports and Shipping Babar Yaqoob Fateh Muhammad observed that the current political ... Read More »

RCCI achievement awards on 19th

The Rawalpindi Chamber of Commerce and Industry (RCCI) will hold the ceremony of its 27th annual achievement awards on September 19 at Jinnah Convention Centre Islamabad. The ceremony was scheduled to be held on August 29 but due to unavoidable circumstances it was rescheduled for September 19 (Friday). The awards will be distributed among the traders and industrialists who had ... Read More »

FBR HRIS lacks CNICs of 18 officers

ISLAMABAD: The Computerized National Identity Cards (CNIC) numbers of 18 FBR officers including two BPS-20 and five BPS-19 officers are not existed in the Human Resource Information System (HRIS) and internal identification system of the board. This anomaly or discrepancy speaks volumes about the up-gradation and modernization of the internal system of the national revenue collecting agency. According to available ... Read More »

FBR likely to allow ANF checking of inbound cargos at dry, sea ports

ISLAMABAD: The Federal Board of Revenue is likely to allow Anti-Narcotics Force (ANF) inspection of inbound cargo containers at dry and sea ports to check drugs smuggling. Modalities in this regard are likely to be finalised in an important meeting between both the executing agencies scheduled to be held next week. Reliable sources told Customs Today that the ANF has ... Read More »

Saudi Arabia to help set up ANF lab

ISLAMABAD: Saudi Arabia has offered financial assistance to Anti-Narcotics Force (ANF) for establishment of a state of the art laboratory to check sophisticated drugs. The ANF has started to search site for the laboratory in Rawalpindi. According to Anti-Narcotics Division Secretary Akbar Khan Hoti, ANF is deficient in tracing out narcotics and drugs being smuggled in or out through modern ... Read More »

ANF seizes drugs worth Rs520m in 11 raids

ISLAMABAD: The Anti-Narcotics Force (ANF) captured 333 kgs of drugs including 300 kgs of Charas, 12 kgs of heroin and 20.4 kgs of opium during 11 raids carried out in Islamabad, Rawalpindi, Jhelum, Attock, Lahore, Faisalabad and Mardan. The force also arrested 16 peddlers and seized nine vehicles. Value of the recovered drugs is said to be Rs520 million in ... Read More »

Asad Mashadi elected RCCI president unopposed

RAWALPINDI: Syed Asad Haider Mashadi of Mian Pervaiz Aslam Group elected unopposed as President of Rawalpindi Chamber of Commerce and Industry (RCCI) for the year 2014-15. The three-member RCCI election commission consisted of Naveed Javed, Chaudhry Iqbal Ahmed and Tariq Javed Butt announced unopposed election of the winners at a meeting held here. The announcement of newly-elected Senior Vice President ... Read More »

114 senior FBR officers have no income tax registration

ISLAMABAD: At least 114 senior officers of the Federal Board of Revenue (FBR), from BPS 17 to 20, are not registered for income tax. According to a new list, the officers having no registration for income tax include a BPS-20 director general and BPS-17 assistant collector (prob). The list of officers consists of one director general, seven BPS-19 officers including ... Read More »

ANF seizes charas in various raids in Rawalpindi, Lahore

RAWALPINDI: The Anti-Narcotics Force (ANF) has recovered 1.5kg charas and arrested four drug peddlers in three raids in Rawalpindi and Lahore. As per details, the ANF in an operation conducted near Bilal Masjid, Umar Road, Dhoke Ellahi Bakhsh, Rawalpindi arrested an accused Khalid Khan and recovered 450 grams of charas from him. In a second raid, ANF Rawalpindi Airport team ... Read More »

ANF recovers narcotics worth Rs 1.24 billion in 8 raids

ISLAMABAD: Anti-Narcotics Force (ANF) recovered drugs worth Rs 1.24 billion during eight operations at Islamabad, Rawalpindi, Mianwali, Peshawar, Khyber Agency and Karachi and recovered 1.2 ton of charas, 3 kg of heroin and 700 grams of opium, arresting 12 drug peddlers. According to details, ANF Peshawar raided a house in Khyber Agency and recovered 1210 kg of charas from the ... Read More »

India 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 investors who are interested to invest in India. “Therefore, Pakistani government must also take such an initiative to attract more investment from foreign investors and legislate to protect the foreign investors,” ... Read More »

ANF 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 recovered during July. According to the available data, the ANF seized 27.6kg heroin, 460kg hashish, 50,400kg sulfuric acid and 2.5kg amphetamine in August. Statistics revealed that ANF arrested 20 accused for their alleged involvement ... Read More »

Adverse ties hinder Dastgir’s participation in Aalishan Pakistan Expo

ISLAMABAD: Adverse diplomatic ties have stopped Commerce Minister Khurram Dastgir and Secretary Commerce from attending the Aalishan Pakistan’ Lifestyle Exhibition scheduled to be held from September 11-14 in Indian Capital New Delhi. The Commerce Minister Khuram Dastgir, Monday, told Customs Today that the very act of Indian government of cancellation of foreign secretary level talks scheduled to be held last ... Read More »