In a bid to promote business alliances and sectoral matchmaking between private enterprises of the textile sector of Pakistan & China, the Prime Minister’s Office, Board of Investment, Pakistan, organized a “CPEC Industrial Cooperation Textile Business to Business (B2B) Webinar” in collaboration with China Council for International Investment Promotion (CCIIP) and China National Textile & […]
The Federal Cabinet has decided to buy out eleven IPPs based on furnace oil (FO) at a discounted value of Rs. 150-200 billion, reported a national daily. The decision came to light on Tuesday, and it was reportedly taken to eliminate the capacity charges payments of the IPPs that have amounted to Rs. 450 billion.
Govt to Buy Out 11 IPPs to Save Billions in Capacity Payments Read More »
Pakistan’s economic growth is expected to rebound this year before gaining pace in 2022 as business activity gradually resumes after the coronavirus disease (COVID-19) pandemic, the Asian Development Bank (ADB) said in a report today. According to the Asian Development Outlook (ADO) 2021, ADB’s annual flagship economic publication, Pakistan’s economy will grow by 2 percent
Pakistan’s Economic Growth is Expected to Rebound: ADB Read More »
The Federal Board of Revenue (FBR) has raised customs duty drawback rates on the exports of confectionery items with effect from April 26, 2021. The FBR has amended the SRO.212(I)/2009 through a notification. According to an announcement of the FBR, “In line with Prime Minister’s Initiative of ‘ Make in Pakistan, FBR has issued SRO
FBR Raises Customs Duty Drawback on Confectionary Exports Read More »
The Planning Division has asked the government to abolish subsidy on gas to the export-oriented sector. The export-oriented sector also has the facility of subsidy on gas and electricity. Another package of Rs. 26 billion has been recently approved by the Cabinet Committee on Energy (CCOE) for the industry by extending the Time of Use
Planning Division Wants to Discontinue Gas Subsidy From Export-Oriented Industries Read More »
The Federal Board of Revenue (FBR) has given additional responsibilities to the Directorate General of Customs Valuation to prevent the flight of capital and trade-based money laundering taking place through mis-invoicing of exports. The FBR on Friday has issued SRO.503(I)/2021 to specify the powers and functions of the Directorate General of Customs Valuation. The directorate
FBR Takes a New Step to Prevent Money Laundering Read More »
Board of Investment (BOI) presented Investment opportunities in China Pakistan Economic Corridor (CPEC) during a webinar jointly organized by Embassies of Pakistan and China, hosted by Jakarta. MOS/Chairman BOI, Ambassadors of Pakistan and China to Jakarta, Deputy Minister for Coordination and Mining, Chairman KADIN, DG NDRC, Deputy Chairman BKMP, Deputy Director CIECC were part of
BOI Highlights Investment Opportunities in CPEC Read More »
The State Bank of Pakistan (SBP) and the Securities and Exchange Commission of Pakistan (SECP) have amended the Terms of Reference (ToRs) of their Joint Task Force (JTF) on Financial Conglomerates. The move has come as an effort to further strengthen the supervisory cooperation, inter alia, in AML/CFT/CPF supervision at the financial group level. The
SBP and SECP Revise Terms of Reference of Joint Task Force Read More »
In light of the commitment of the Securities and Exchange Commission of Pakistan (SECP) to promote capital formation and educate potential issuers and investors about different modes of financing and investment avenues, a Guidance Paper detailing the mechanics and elements for the issuance of Convertible Debt Securities (CDS) has been published. This paper is available
SECP Publishes Guidance Paper on Convertible Debt Securities Read More »
Federal Board of Revenue’s Pakistan Customs Wing has introduced a new automated process in WeBOC system for scanning of containerized import consignments of industrial raw materials for their speedy clearance at ports. The introduction of a Non-Intrusive Inspection System by Customs was a long-awaited initiative aimed at replacing physical inspection of cargo and reducing
FBR Introduces Automated Process for Scanning of Cargo Read More »
At UZCO-CAs, we provide reliable audit, tax, accounting, and business advisory services that help businesses stay compliant, improve performance, and achieve sustainable growth. Our client-focused approach ensures practical solutions tailored to every business.
Feel free to reach out for any accounting or financial support you need.
Connect with me on social media for updates.
Complete the application form below to apply for employment or internship opportunities at UZCO-CAs. We carefully review every application and will contact shortlisted candidates.
Please complete the verification below to access our contact details.