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Pakistan’s first in-depth newspaper that presents balanced news reports, analysis and reviews regarding Customs, Federal Board of Revenue (FBR) and Sales/Income Tax Departments beside covering import and export sectors comprehensively. Up-to-the-minute news bulletins regarding Customs and FBR departments are also displayed regularly on both website and face book for the interest of common people

FBR urged to defer installation of Electronic Device System at malls

LAHORE: Progressive Group, a representative platform of traders and industrialists, has urged the Federal Board of Revenue (FBR) to defer the plan of installation of Electronic Device System (EDS) in mega malls, chain stores, cafes and restaurants by at least one year. Talking with media, Progressive Group’s President Khalid Usman, Vice President Muhammad Arshad Chaudhry and Deputy Secretary Muhammad Ejaz ... Read More »

LCCI for single digit markup

LAHORE: The Lahore Chamber of Commerce & Industry has urged the State Bank of Pakistan (SBP) to bring down the markup rate to single digit in the larger interest of trade, industry and economy.  In a statement, LCCI President Irfan Iqbal Sheikh said that reduction in markup rate from existing 13.25% to single digit would be a great favor to ... Read More »

Businessmen condemns delay as ST refunds reach Rs.350b

LAHORE: The businessmen panel of the Federation of Pakistan Chambers of Commerce & Industry has condemned the delaying tactics of the government in refund cases, as only sales tax refund claims have touched the figure of about Rs.350 billion. In a statement BMP Chairman Mian Anjum Nisar said that contrary to the claim of the government to release sales tax ... Read More »

LCAA to hold emergency meeting tomorrow

LAHORE: Lahore Customs Agents Association (LCAA) President Agha Iftikhar Ahmad summoned emergency meeting of all office-bearers and members tomorrow (Friday). According to a press release, the meeting will be held on November 29, 2019 at Association Hall of Mughalpura Dryport at 3 pm. The press release further stated that during the meeting all issues related to Collectorate of Customs Appraisement ... Read More »

Siraj Teli appreciates CM for constituting taskforce to control narcotics

KARACHI: Chairman Businessmen Group (BMG) & Former President Karachi Chamber of Commerce & Industry (KCCI) Siraj Kassam Teli has appreciated Chief Minister Sindh Syed Murad Ali Shah for constituting a high-powered taskforce to control penetration of narcotics into cities, particularly the educational institutions to save future generations from the menace. In a statement issued, Siraj Teli, while expressing deep concerns ... Read More »

Minister SAFRON and anti-narcotics visits RCCI

RAWALPINDI: Minister of State for States and Frontier Regions (SAFRON) and Narcotics Control, Shehryar Khan Afridi, has said that his Ministry is going to launch a mobile phone application called Zindagi to make people aware of all sorts of drugs. He said the ministry has also launched a global data bank of criminals involved in narcotics trade and money laundering ... Read More »

US companies still reluctant to visit Pakistan due to negative perception: Santella

KARACHI: Agricultural Counselor of United States Department of Agriculture (USDA) Rey Santella has said although they were inviting the US business community but many of them were still reluctant to visit Pakistan mainly due to negative perception and also because of legal and Information Technology related hurdles that need to be addressed. Pakistan had many challenges in the past but ... Read More »

RCCI to organize 3rd APWCP Summit on Dec 1

RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) is going to organize 3rd All Pakistan Women Chambers President Summit on December 1. The main purpose of this initiative was to provide women a platform to excel in the field of entrepreneurship, improve networking and consultation. This was stated by RCCI President Saboor Malik while talking to a delegation of ... Read More »

Iranian delegation visits KCCI to explore ways and means for enhancing trade

KARACHI: An eight-member high level delegation from Iran, which was led by the Managing Director of Milad-e-Noor Ali Mohtassham Amiri during its visit to the Karachi Chamber of Commerce and Industry on Saturday, expressed the eagerness to improve trade ties with the Pakistani business community which would surely result in further improving the existing trade volume between the countries. Commercial ... Read More »

Faisalabad I&I torches contraband items at dryport

FAISALABAD: The Directorate of Customs Intelligence and Investigation destroyed contraband items including foreign origin digital satellite receiver, sexual medicine and other items. Deputy Director Rana Irfan Shoukat initiated the destruction of contraband and smuggled items at the ground of the Faisalabad Dry Port along with Superintendent Muhammad Tahir Iqbal and Intelligence Officer Mansoor Nasir. Almost 19 big lots of destroyed ... Read More »

RCCI delegation meeting with RPO Ahsan Tufail

RAWALPINDI: Regional Police Officer Rawalpindi Muhammad Ehsan Tufail has said that the primary duty of the police is to protect the citizens. The role of the business community in promoting economic activities is very important. We strive to control street crime, especially in the markets of the city, so that customers can shop with ease and comfort. He was talking ... Read More »

Modern techniques can bring revolutionary improvement in agriculture: Arif Alvi

LAHORE: President of Pakistan Arif Alvi has said that modern agricultural techniques of China can bring a revolutionary improvement in agriculture sector of Pakistan.  He was speaking at the inaugural ceremony of 5th CAC Pakistan Exhibition at Expo Center, Thursday. LCCI President Irfan Iqbal Sheikh, Senior Vice President Ali Hussam Asghar, Vice President Mian Zahid Jawaid Ahmad, Chairperson of China ... Read More »

RCCI delegation calls on chief commissioner Islamabad

RAWALPINDI: Islamabad Chief Commissioner and CDA Chairman Amir Ahmed Ali has said that revised Master Plan of Islamabad will be investor friendly. High-rise buildings will be allowed in areas that have been specifically chosen for business activity.  We will enhance business activity without compromising our commitments to green and clean Islamabad as per the vision of the prime minister. He ... Read More »

KCCI to approach FBR for resolving issues confronted by commercial importers

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan has assured Pakistan Chemicals & Dyes Merchants Association (PCDMA) will approach the Federal Board of Revenue (FBR) and other concerned authorities so that the issues being faced by commercial importers could be amicably resolved. Exchanging views at a meeting during the visit of PCDMA delegation to KCCI, ... Read More »

Ring Road will served as economic corridor & transit for Punjab

RAWALPINDI: The Ring Road project will served as an economic corridor and transit for Punjab, around which different zones can be developed as well as the Lei Express Way can be transformed into a modern commercial hub under Public Private Partnership (PPP). Under the Public Private Partnership, the private sector will have ample opportunities to promote investment and business activities. ... Read More »

RDA & RCCI to join hands to address encroachment and parking issue

RAWALPINDI: The Rawalpindi Development Authority (RDA) and Rawalpindi Chamber of Commerce and Industry (RCCI) will work closely to address encroachments, parking, public toilets and development projects in the city. A core committee comprising RDA, RCCI and representatives from trade associations will be formed for implementing the suggestions, recommendations and follow ups on the key projects aiming to improve the city ... Read More »

RCCI & RWMC join hands to waste free Rawalpindi

RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) and Rawalpindi Waste Management Company (RWMC) will work together to make the city clean and waste free. Both organizations will make close liaison for improving the civic life of the residents and shared suggestions and recommendations for cleanliness drives, activities and plans under Glorious Rawalpindi project. This was stated by Awais ... Read More »

PSX closes in green amid range-bound trading

KARACHI: The Pakistan Stock Exchange (PSX) ended a range-bound session on Thursday slightly positive. Foreign investors closed as net buyers for the sixth consecutive session on Wednesday with a net inflow of $1.80 million. The KSE-100 Index recorded its intraday high at 37,507.02 after gathering 340.06 points. It then slid to its intraday low at 37,130.01 after shedding 36.95 points. ... Read More »

Operational losses reduced to Rs1.5b due to day-night efforts of PIA team: CEO Arshad Malik

KARACHI: Chief Executive Officer Pakistan International Airlines (PIA) Air Marshal Arshad Mahmood Malik has said that the monthly operational losses have been reduced to Rs1.5 billion as compared to more than Rs3 billion suffered by the airline every month when he assumed charge of the national flag carrier. “The reduction in operational losses became possible only due to day-night efforts ... Read More »

IESCO CEO visits RCCI

RAWALPINDI: Chief Executive Officer IESCO Chaudhary Shahid Iqbal has said that establishment of grid station and additional feeder in Rawat Industrial Estate will be done on a priority basis. A flat tariff of Rs 11.97 per unit is being introduced to increase commercial activity and industrial production along with consumers. The tariff will be applicable to those additional units, which ... Read More »