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Author Archives: Saleem Jadon

More taxes won’t be accepted: FPCCI

FPCCI President Zubair Ahmed Malik

SIALKOT: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has said that imposition of more taxes by the federal government will not be accepted at all. FPCCI President Zubair Ahmed Malik, in a meeting at Sialkot Chamber of Commerce and Industry, pledged that the chamber would not support tax evaders and said that the people earning wealth should ... Read More »

Dubai Customs receives high-profile delegation from Saudi Customs

Saudi customs

DUBAI: Dubai Customs received a high-profile delegation headed by H.E. Saleh bin Manee Al-Khelaiwi, Director General of Saudi Customs, within the framework of the mutual cooperation and exchange of expertise with our sister GCC countries. H.E. Ahmed Butti Ahmed, Executive Chairman of Ports, Customs, and Free Zone Corporation welcomed the Saudi Customs delegation, stressing that the visit shall contribute to ... Read More »

Three Indians held for smuggling drugs worth Rs100 million

Drugs

NEW DELHI: Three people were arrested for smuggling about 200kg of pseudoephedrine (drugs), worth Rs100 million, to the northeastern states as well as to China and Myanmar, police said. Mohammad Asgar, 31, Abdul Mazzed, 31 and Mohammad Abdul Salem, 25 were arrested from Jamia Nagar area in south Delhi. In December 2012, a trafficking module involved in supplying of pseudoephedrine ... Read More »

Two men caught smuggling lizards at Perth airport

Lizards

PERTH: Authorities in Western Australian have stopped two Japanese men from attempting to smuggle 30 lizards out of the country. The men were caught as they tried to fly out of the Perth International Airport after putting the lizards in their checked baggage. It is estimated the reptiles could fetch up to $130,000 on the Asian black market. Rick Dawson ... Read More »

PFMA elects office-bearers

Pakistan Flour Mills Association

LAHORE: Mian Riaz Ahmad has been elected as Chairman and Chaudhry Iftikhar Mattoo as Senior Vice Chairman respectively of Pakistan Flour Mills Association (PFMA), Punjab Chapter. The announcement was made by Raza Abbas at the Annual General Meeting of the Association. Rana Ahmad Ali, Fayyaz Hussein and Chaudhry Fayyaz Ahmad were elected as vice-chairmen. Speaking on the occasion, the newly-elected ... Read More »

FBR collects Rs465b in Q1, misses target by Rs27b

FBR collection

ISLAMABAD: Amid allegations of blocking taxpayer refunds to paint a rosy picture of revenues, the federal tax authorities have collected Rs465 billion in taxes in the first quarter of the current fiscal year, missing the target by Rs27 billion which can disturb quarterly budgetary ceilings agreed with the International Monetary Fund (IMF). As efforts were under way to make maximum ... Read More »

Fruit exports bring Rs42,159m in 3 years

Fruit

LAHORE: The citrus fruit exports have increased during the last three years and contributed an amount of Rs42,159 million to the national exchequer. The exports which were Rs10,595.7 million in 2010-11 jumped to Rs15,584.3 million in July-April 2012-13. Only in 2011-12, citrus fruit exports was registered Rs15,978.2 million. Sources said that the export of citrus fruit will further increase during ... Read More »

Pharma exports up by 5.42pc in two months

Pills

LAHORE: The exports of pharmaceutical products registered increase of 5.42 per cent during the first two months of current financial year as compared to the same period of last year. During the period from July-August 2013, about 2,238 metric tons of pharmaceutical products worth $24.067 million exported as compared to 2,441 metric tons valuing $22.83 million in the same period ... Read More »

PIAF chalks out market-visit programme

PIAF Chairman Malik Tahir Javaid

LAHORE: Pakistan Industrial and Traders Associations Front (PIAF) has chalked out an elaborate market-visit programme to further strengthen its liaison with business community and to identify their problems. In a statement issued, PIAF Chairman Malik Tahir Javaid said that the Association had decided to visit all the local markets and the offices of industrial associations to prepare a comprehensive report ... Read More »

7 Indians held for smuggling monitor lizards

Lost Lizard

KOLKATA: Seven people were arrested from Ramkrishnapur in Kulpi for trying to smuggle two monitor lizards. Acting on a tip-off, the forest department and police cracked down on this racket that was active in smuggling live animals from Bengal to Saudi Arabia via Jharkhand. The monitor lizards were found at the house of a local, Arup Mondal, who was among ... Read More »

Venezuela jails 22 over cocaine smuggling to France

France

CARACAS, Venezuela: A Venezuelan court has ordered jail for five more people linked to a massive cocaine shipment on an Air France jet, bringing the total number incarcerated to 22. The number jailed includes 17 who were imprisoned on Friday, September 27, the attorney general’s office said. The latest 5 people sent to prison pending a trial are two airport ... Read More »

Three Indians booked for smuggling foreign cigarettes

LIFESTYLE Which 6

HYDERABAD: Three persons from Kerala were caught by the customs sleuths at RGI Airport for smuggling foreign cigarettes worth Rs0.52 million. The accused Abdul Khadir, Mohammed Abdul Mutalia and Abdullah Abdul Masood from Kerala arrived here from Dubai in an Indigo flight on Monday morning. The trio was intercepted at the check area and caught with 66,960 imported cigarettes and ... Read More »

Bid to smuggle 9.250kg heroin to UK foiled at Islamabad Airport

Anti Narcotics Force at Islamabad Airport

ISLAMABAD: Anti Narcotics Force (ANF) in two different cases has recovered 9.250-kilogram heroin by two British-Pakistani Nationals at Islamabad International Airport. In first case, ANF Airport team arrested a passenger Kamran Ghafoor, resident of Tehsil Gojar Khan and recovered 8kg heroin concealed in his bag. He was to travel by Emirates Airlines Flight No EK-615 from Rawalpindi to London (finally ... Read More »

IHC issues show cause notice to finance secretary

IHC

ISLAMABAD: Islamabad High Court (IHC) has issued a show cause notice to the finance secretary and summoned him on October 9. The court has asked the finance secretary to explain as to why a contempt of court proceeding should not be started against him for the non-issuance of notification relating to the 20 per cent allowance given to all the ... Read More »

Mobile phone imports down by 8.2pc in July-Aug

Mobile phone

LAHORE: The mobile phone imports into the country decreased by 8.2 per cent during first two months of current fiscal year 2013-14. The imports of mobile phone into the country during July-August 2013 were recorded at $99.84 million against the imports of $108.756 million during July-August 2012, according to the data of Pakistan Bureau of Statistics (PBS). Similarly, the mobile ... Read More »

Sugar export up to 500,000mt allowed

Sugar

LAHORE: The government has allowed mills to export 500,000 metric ton sugar to ensure payment to sugarcane growers. The mills will export 250,000 metric ton sugar by October 31 and pay Rs1.7 billion to sugarcane growers, said a spokesman for the Pakistan Sugar Mills Association. He said sugar mills owners had requested the government that they had failed to pay ... Read More »

Strong steps taken to up rice, wheat output: Bosan

Sikandar Hayat Khan Bosan

LAHORE: The government is taking measures to increase the production of wheat, rice and other eatables to make them affordable for the common consumer. Federal Minister for National Food Security and Research Sikandar Hayat Khan Bosan said this while talking to business community here at Federation of Pakistan Chambers of Commerce and Industry’s (FPCCI) Regional Office. The federal minister said ... Read More »

Dubai Police foil bids to smuggle 5kg cocaine

Cocain

DUBAI: The General Department of Anti-Narcotics of the Dubai Police recently foiled two attempts of smuggling over 5kg cocaine via the Dubai International Airport in two different operations. In the first operation, the anti-narcotics authorities at the airport’s entry sections managed to arrest a Tanzanian man, identified as S.A.K., who was coming from Sao Paulo, Brazil. The anti-drugs officer stopped ... Read More »

Two women arrested for smuggling people to China

buonbannguoi

QUE PHONG: Chinese border guards said they arrested two women attempted to smuggle three local people from the north-central province to China. The alleged traffickers, Vi Thi Hieu, 32 and Luong Thi Mai, 30 are Nghe An natives who themselves had been smuggled to China ten years ago, colonel Tran Minh Cong of the provincial Border Guards said. They were ... Read More »

Two held for smuggling 2kg heroin in India

Heroin1

FARIDKOT: Police have seized 2kg heroin worth Rs100 million from two persons at Wan Tara Singh village in Tarn Taran district. Deputy Singh and Gursahib Singh were arrested near the border and two packets of heroin were seized from them, said Faridkot SSP Gurmeet Singh Randhawa. A case under Section 21 of the NDPS Act has been registered against them. ... Read More »