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Author Archives: Nadir Khan

Stolen NATO goods in Afghanistan carry blame for Pakistan

PESHAWAR: The missing equipments in NATO containers coming from Afghanistan through Pak-Afghan Torkham Highway causing mistrust and earning bad name to Pakistan as some time containers are looted inside Afghanistan while vacant boxes are scanned at Jamrod Station in Khyber Agency. According to sources, goods from the NATO containers are sometime stolen inside Afghanistan. However, passing through Pakistan, the record ... Read More »

PEW hails Dar for rejecting tax on foreign remittances

PESHAWAR: The Pakistan Economy Watch (PEW) lauded Finance Minister Ishaq Dar for rejecting the proposal of the FBR to slap withholding tax on foreign remittances which could have ravaging effect on the economy. The FBR proposal to bring remittances in the tax net would have harassed the expats who send around $16 billion to Pakistan annually keeping the current account ... Read More »

Peshawar Customs, RTO employees still await promotions orders

PESHAWAR: Like other parts of the country a large number of employees in Customs department and Regional Tax office Peshawar are awaiting their promotions in next grades as promised by Finance Minister Ishaq Dar in his budget 2014-15 speech. A Senior Superintendent of RTO Peshawar told Customs Today that their cases were in the Court and if they were not ... Read More »

APCNGA reject imposition of ‘discriminatory’ GIDC, holds protest rally

PESHAWAR: The All Pakistan CNG Association (APCNGA) held a demonstration in front of Peshawar Press Club to register a protest against imposition of Gas Infrastructure Development Cess (GIDC), which they dubbed as discriminatory and lethal for the industry. Speaking on the occasion, APCNGA Provincial Chairman Fazl-e-Muqeem Khan said that increased GIDC had been imposed in the under-developed province of Khyber ... Read More »

Mohsin Aziz terms imposition of GIDC as unjustified, unconstitutional

Senator says GIDC bill passed in haste, needs to be discussed at the CCI before its re-promulgation PESHAWAR: Pakistan Tehreek-e-Insaf leader and noted businessman Senator Mohsin Aziz termed the re-imposition of Gas Infrastructure Development Cess (GIDC), through an ordinance, as tantamount to negate constitutional rights of smaller provinces, particularly terrorism-affected Khyber Pakhtunkhwa. The natural gas, a God-gifted treasure, is being ... Read More »

KP Summer Festival concludes, huge crowd takes part in two-day event

PESHAWAR: In order to promote business activities in Khyber Pakhtunkhwa, a large number of people, a two-day Summer Festival at the Ladies Club in University Town. Many people, including women and children, enjoyed various colourful programmes on the last day of the festival. The festival was jointly organised by the Tourism Corporation of Khyber Pakhtunkhwa (TCKP) and the Peshawar district ... Read More »

Peshawar Customs Agents slam increase in valuation duty

PESHAWAR: Criticizing the imposition of 30 percent valuation duty on 33 imported goods coming from Afghanistan through Torkham border,  Chairman Khyber Frontier Customs Agents groups and Director Pak-Afghan Joint Chamber of Commerce and industry  asked Collector Custom Peshawar and FBR to review the decision and lessen the ratio of valuation duty up to 10-15 percent. In this connection a meeting ... Read More »

Peshawar Customs collected 9pc less revenue as compared to last year

PESHAWAR: The revenue collection by the Modal Custom Collectorate Peshawar remained 9 pc less than  April 2014, showing the figure of total collection at Rs 1123.80 million in gross in April 2015 as compare to the previous April 2014 which recorded Rs 1236.55 million. According to statistical branch of Custom House, the Peshawar Collectorate collected custom duties worth Rs 388.12 ... Read More »

Peshawar ANF recovers huge quantity of drugs, arrests 5  

PESHAWAR: The Anti-Narcotics Force (ANF) Peshawar arrested five smugglers and recovered 517 kilogram of charas and 44.4 kilograms of heroine from their possession on Wednesday. According to Public Relations Officer of ANF  Saeed Ahmad, the first crackdown was launched in Peshawar City where an ANF team raided a suspected premises situated near Dastagir Flour Mills Nasirpur Bus Stop GT Road, ... Read More »

Peshawar: APTMA rejects imposition of GIDC

PESHAWAR: The All Pakistan Textile Mills Association (APTMA) in Khyber Pakhtunkhwa and All Pakistan CNG Association, KP, on Wednesday protested against the imposition of Gas Infrastructure Development Cess (GIDC) on natural gas and demanded the government review the legislation immediately. An APTMA official told Customs Today that the businessmen are already facing various problems and the cess will add an ... Read More »

Peshawar: FBR to impose withholding tax on more than 10 marla houses

PESHAWAR:  In order to broaden tax net Federal Board of Revenue has decided to impose withholding tax up to Rs.10,000 on each residential house with area more than 10 marla. Sources in Regional Tax Office Peshawar said that the decision will be implemented after upcoming financial budget 2015-2016. The tax will be collected in Excise and Taxation Department along with ... Read More »

Peshawar Customs proposes increase in valuation ratio of 33 imported items

PESHAWAR: Custom Collectorat Peshawar has proposed to increase the valuation ratio of 33 imported items coming from Afghanistan to Pakistan via Torkham border up to 30 percent. Sources in Customs House Peshawar told Customs Today that the imported items include leather, fruits, medicine herbs and vegetables. The proposal was given by the Modal Custom Collectorate Peshawar with the consultation of ... Read More »

Hurdles in Pak-Afghan transit trade should be removed, says Aziz

PESHAWAR: Khyber Pakhtunkwha Board of Investment and Trade (KP-BOIT) Chairman Senator Muhsin Aziz has said that the transit trade with landlocked Afghanistan can be improved, if the impediments on both sides are reduced or removed substantially. “The current trade volume between the two neighbouring countries is meagre, due to irrational tariff-regime, illegal trade, particularly absence of duty-free access to manufacturing ... Read More »

Traders ask railway minister to restore Safari train service from Peshawar to Torkham

PESHAWAR: In order to provide alternate supply route for Afghan Transit Trade and facilitate the supply of goods across the border, residents of Peshawar and Khyber Agency demanded Federal Minister for Railways Khawaja Saad Rafiq restart Safari train service from Peshawar to Torkham via Khyber Pass. The train service to Landi Kotal was suspended in 2006 after devastating floods that ... Read More »

Khasadar Force officials creating hurdles in trade at Torkham: customs agents

PESHAWAR: Customs clearing agents at the Torkham border have severely criticised the Khasadar Force over their alleged misbehaviour on the border, and asked the customs authorities and political administration to eliminate the culture of corruption by taking action against the responsible elements. All Customs Clearing Agents Association President Abdullah Shinwari told Customs Today that the Khasadar Force officials posted at ... Read More »

Senator Aziz: Hurdles in Pak-Afghan trade should be removed

PESHAWAR: Renowned industrialist and Chairman Khyber Pakhtunkwha Board of Investment and Trade Senator Muhsin Aziz has said that the transit trade with landlocked Afghanistan can be improved, if the impediments on both sides are reduced or removed substantially. “The current trade volume between the two neighboring countries is meager, due to irrational tariff-regime, illegal trade, particularly absence of duty-free access ... Read More »

Hurdles in Pak-Afghan transit trade should be removed, says Aziz

PESHAWAR: Khyber Pakhtunkwha Board of Investment and Trade (KP-BOIT) Chairman Senator Muhsin Aziz has said that the transit trade with landlocked Afghanistan can be improved, if the impediments on both sides are reduced or removed substantially. “The current trade volume between the two neighbouring countries is meagre, due to irrational tariff-regime, illegal trade, particularly absence of duty-free access to manufacturing ... Read More »

Peshawar Dry Port parking lot nuisance for customers

PESHAWAR: Instead of providing facilities to importers and exporters, the Peshawar Dry Port has been turned to a parking lot of imported vehicles, hampering routine custom clearance process. More over, hundreds of cars involving a legal battle have been stationed there for a year. “Even small trucks cannot move backward or make a turn because the port’s parking space has ... Read More »

Peshawar: ANF seizes 2.4kg heroin, 2.8kg charas

PESHAWAR: The Anti-Narcotics Force (ANF) seized 2.8 kilogrammes of charas and 2.4kg heroin worth millions of rupees in the international market, and arrested five men during two operations in Peshawar. Anti-Narcotics Force Peshawar spokesman Syed Ahmad told Customs Today that the force during an information-based operation intercepted a Toyota GLI car bearing registered number ASG-885 Sindh near Pishta Khara Chowk, ... Read More »

PYMA seeks emergent measures by govt to boost exports

PESHAWAR: Expressing grave concern over 16 percent slide in textile exports in March, Pakistan Yarn Merchants Association (PYMA) has demanded emergent measures to boost exports of the country. In a statement issued here on Monday, Central Chairman Khalil Qaisar Shamas Guccha and Zonal Chairman Muhammad Akram Pasha pointed out that in March 2015 the textile exports declined by 16.23 percent ... Read More »