As ARY Group steps up its efforts to acquire 51 per cent of issued and paid-up capital of WorldCall Telecom Ltd along with the management control, its manager to the offer, AKD Securities, refreshed its bid to acquire the control of the company’s management and shares. According to an official of AKD Securities, the time …
The Punjab government has decided to end stamp papers which will shift the registration process of properties on white paper. A member of the Board of Revenue Babar Hayat Tarar said that the registration of properties will be completed on white paper by placing three barcodes on it. The decision will be made effective across …
Technological transformation has changed global commerce. Online market places with maximum traffic and consumer bases have become giants because of their consumer-centric approach to the delivery of services. Global connectivity with major markets is possible for small and medium-sized enterprises (SMEs) through a seller’s registration program. Amazon will soon open the sellers’ registration of Pakistani …
Amazon to Open Seller’s Registration for Pakistani Companies Soon Read More »
The Federal Board of Revenue (FBR) has exempted customs duty on the import of three types of cotton yarn up to June 30, 2021. In this connection, the FBR has issued an S.R.O. 533(I)/2021 on Thursday. Under the notification, the federal government has exempted the whole of customs duties leviable on import of cotton …
In a major development in the e-commerce sector for Pakistan, US-based e-commerce giant Amazon has added Pakistan to its approved seller list. The south asian country has reportedly received approval from Amazon to register Pakistan in the verified seller list while an updated countries list will be issued on the officials portal in the next …
Process Simplification, facilitation of the public, and the digitalization of incorporation processes have led to an extraordinary growth of 186 percent in the incorporation of new companies in April 2021. The Securities and Exchange Commission of Pakistan (SECP) registered 2,185 new companies in April 2021, which is 186 percent higher than the same month last …
Digitalization Results in 186% Growth in Incorporation of New Companies: SECP Read More »
The Auditor General of Pakistan (AGP) has strongly recommended the Federal Board of Revenue (FBR) to ensure that customs duty drawback should not be more than the actual duty paid by the exporter. The latest audit report of the AGP on customs duty drawback for 2011 issued to the FBR revealed that timely issuance of …
Various commercial banks have extended financing of around Rs. 36 billion for 521 projects producing approximately 850 MW electricity under Financing Scheme for Renewable Energy, said Governor State Bank of Pakistan (SBP) Dr. Reza Baqir in a webinar. Dr. Baqir stated that Pakistan faces challenges as a result of climate change and adopting prevention strategies …