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Author Archives: Zafar Malik

FBR to conduct audit of 7295 industrial units of Gujranwala Division

audit

SIALKOT: -Federal Board of Revenue (FBR) has announced to contact the special audit of  as many as 7295 industrial units in Gujranwala Division’s all the six Sialkot , Narowal, Gujrat, Mandi Bahaud Din, Hafizabad and Gujranwala districts  and has fixed February  28,2018 as final deadline for this special audit here. According to the senior FBR officials, as many as 25 ... Read More »

Special Recovery Teams seal 211 properties for non-payment of taxes & duties

Special Recovery Teams seal 211 properties for non payment of taxes & duties copy

From Zafar Malik SIALKOT: The Special Recovery teams of the Excise & Taxation Department have sealed 211 properties, including houses, shops and commercial buildings of the chronic defaulters besides impounding 55 vehicles for the non-payment of duties and taxes during a crackdown on the defaulters in Gujranwala Division’s all six districs including Sialkot, Narowal, Gujrat, Mandi Bahaud Din, Hafizabad and ... Read More »

Chief Collector Dr. Jawad Awais Agha hails Sialkot exporters for setting up SIAL

Sialkot International Airport Limited

SIALKOT: Chief Collector Customs Collectorate Dr. Jawad Awais Agha visited the Sialkot international airport here. He discussed in details the matters of mutual interest with the management of Sialkot International Airport Limited (SIAL). According to the details during his visit chief collector assured to make all out sincere efforts for providing maximum facilities to the passengers at Sialkot International Airport ... Read More »

Sialkot exporters customs rebate, sales tax refund claims would be cleared till Feb 15: Zahid Latif Malik

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SIALKOT: -President Sialkot Chamber of Commerce and Industry (SCCI) Zahid Latif Malik has said that the recent visit of the Prime Minister Shahid Khaqan Abbasi to Sialkot Chamber of Commerce and Industry (SCCI) remained very fruitful, which boosted the high hopes of the Sialkot exporters regarding the amicable solution to their prolonged perturbing problems as well. SCCI President stated this ... Read More »

Sialkot exporters set unique example of self help by establishing SIAL: Abbasi

Prime Minister Shahid Khaqan Abbasi unveiling the inaugural plaque of International Terminal at Sialkot International Airport on 8 January 2018

SIALKOT: – Prime Minister Shahid Khaqan Abbasi inaugurated the newly established building of international terminal at Sialkot international airport during a special ceremony held here today. Sialkot exporters have established this new international terminal building on self help basis by spending Rs.1.12 billion for providing the world class aviation facilities to the people belonging to this region. Sialkot based Federal ... Read More »

Sialkot-businessmen flay hike in POL prices

Sialkot Chamber of Commerce and Industry (SCCI)

SIALKOT: The Sialkot Chamber of Commerce and Industry (SCCI) and Sialkot’s all other main trade bodies have strongly criticized the government for a recent increase in the POL prices asking the government to withdraw increase in the larger national interest. SCCI Vice-President Abid Ahmed Khawaja said the massive increase in the POL prices by the government in the beginning of ... Read More »

FBR decides to bring local universities of Gujranwala division in tax net

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SIALKOT: Federal Board of Revenue (FBR) has decided to bring the teachers of local universities, colleges and schools under the tax net in Gujranwala Division’s all the six Sialkot, Narowal, Gujrat, Mandi Bahaud Din, Hafizabad and Gujranwala districts here. According to the senior FBR officials, the FBR has finalised the special notices for the tax payable professors, lecturers and teachers ... Read More »

PM assures Sialkot exporters of clearing Duty Drawbacks, Rebates by Jan 2018

PM

SIALKOT: Prime Minister Shahid Khaqan Abbasi has said the government is fully aware of the perturbing problems being faced by the business community and is making all-out efforts to ensure that early amicable solution to these problems is made by taking the business community into confidence. The prime minister stated this while talking to a delegation of Sialkot based leading ... Read More »

FBR orders special early audit of LB institutions in Gujranwala’s districts

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SIALKOT: The Federal Board of Revenue (FBR) has issued the orders of special early audit of all the local bodies institutions and the registration branches in Gujranwala Division’s all the five districts including Sialkot, Narowal, Gujrat, Mandi Bahaud Din, Hafizabad and Gujranwala with immediate effect. According to the senior FBR officials, the special teams of the FBR would start the ... Read More »

LHC suspends final recovery notices of Rs24b served on Gepco by FBR

LHC suspends final recovery notices of Rs24b served on Gepco by FBR copy

SIALKOT: The Lahore High Court (LHC) has suspended the final recovery notices of Rs24billion issued to the Gepco by the Federal Board of Revenue (FBR) to recover big arrears in the shape of different taxes and duties. The FBR had issued the final recovery notices to the Gepco to ensure that early payment of Rs24billion is made before the end ... Read More »

Fourteen more CEOs to sign Women’s Empowerment Principles on 19th at Sialkot

Business men and women shaking hands on a light background. Meeting.

SIALKOT: The CEOs of about 14 more leading export companies from private sector would sign “CEO Statement of Support for Women’s Empowerment Principles” during a mega event scheduled to be held in Sialkot on December 19, 2017 under the auspices of the United Nations Entity for Gender Equality and the Empowerment of Women (UN Women) and Baidarie (a non-government organization ... Read More »

Collector Rauf urges traders to avail opportunities of SDPT

Sialkot Customs collects Rs 25 copy

SIALKOT: Collector Customs Dry Port Ahmed Rauf has urged the Gujrat based traders, industrialists and businessmen to prefer doing their businesses through their neighbouring Sialkot Dry Port Trust(SDPT), as this dry port could help to jazz up the pace of trade and business activities in Pakistan’s first ever “Golden Export Triangle” comprising on Sialkot, Gujrat and Gujranwala districts as well, ... Read More »

PM visits Sialkot to meet PML-N office-bearers

PM

SIALKOT: Prime Minister Shahid Khaqan Abbasi will visit Sialkot on December 11, 2017 (Monday). Mayor of Sialkot Municipal Corporation Ch. Tauheed Akhtar told the newsmen that the PM will discuss, in detail, the matters of mutual interest with the Sialkot exporters during an important meeting scheduled to be held at the Sialkot Chamber of Commerce and Industry (SCCI). During his ... Read More »

Crackdown on goods & forwarding companies of Gujranwala division soon

Sialkot Chamber of Commerce and Industry (SCCI)

SIALKOT: The Customs Department has planned an urgent crackdown on all the goods transport and forwarding companies/Addas located in all the six districts of Gujranwala Division including Sialkot, Narowal, Gujrat, Mandi Bahaud Din and Hafizabad. The officials of the Customs Department believed that these goods transporters and forwarders are directly or indirectly involved in the smuggling of auto-parts, computer parts, ... Read More »

PTBA urges FBR to announce maximum tax-related incentives for new tax-payers

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SIALKOT: Vice President Pakistan Tax Bar Association Muhammad Saqib Sheikh has said that the government was making all out sincere efforts to facilitate the tax payers besides ensuring the economical and  financial stability through expanding the tax net and bringing maximum people under the tax net. He stated this while talking to the newsmen here. He said that the federal ... Read More »

Punjab govt to enact new laws for better performance of ACE soon: Nadeem

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SIALKOT: Additional Director General Anti-Corruption Establishment (ACE) Punjab Nadeem Sarwar has said the Punjab government will soon promulgate new laws for increasing the performance of the ACE. He stated this while talking to the newsmen at Anwar Club Auditorium Sialkot after holding an open court on Friday. Additional DG of ACE Punjab Nadeem Sarwar said all the official work on ... Read More »

Russian consul offers easy access to Sialkot made products across Russia, Central Asian markets  

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  SIALKOT: Commercial Consul of Embassy of Russia in Pakistan Sergey Baranov has said that Russia is keen to establish stronger bilateral trade relations with Pakistan besides assuring of full cooperation from Russia to remove all the hurdles to ensure easy access to Sialkot-made export products across international trade markets of Russia and Central Asian markets. He stated this while addressing a meeting ... Read More »

Sialkot exporters concerned at prolonged delay in payment of claims

sialkot chamber

SIALKOT: The Sialkot exporters have expressed grave concern over the inordinate delay in the payment of their prolonged pending sales tax refund claims and duty drawback claims by the Federal Board of Revenue (FBR). The exporters said they were much perturbed due to this critical condition saying the capital of billions of rupees of Sialkot industries has been lying stuck ... Read More »

Sialkot exporters seeks special package for upgrading sports goods industry

export

SIALKOT: Sialkot based sports goods manufacturers and exporters have demanded a special package of trade related incentives by government especially the direly needed Research & Development funds for upgrading and modernizing the export-oriented sports goods industry of Sialkot. They said that the sports goods manufacturing industry was in dire need of government patronage and support as well. They added “The ... Read More »

Sialkot Customs, ASF foils bid to smuggled heroin

HEROIN

SIALKOT: Customs staff and Airport Security Force (ASF) defused a major attempt of heroin smuggling from Sialkot to Italy by seizing 1.2 kilograms heroin from the bags of accused traveler and arrested during special checking at Sialkot international airport here. It was the second major attempt of heroin smuggling foiled by ASF at Sialkot international airport during the last ten ... Read More »