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Articles for tag: baggage, car, Government, Import, personal, removing, scheme

December 2, 2025

News Desk

The government is considering removing personal baggage from the used car import scheme

Vehicles are parked at a car dealer showroom in Karachi. — AFP/File The government is considering introducing strict measures to prevent misuse. Auto industry opposes car imports, government wants balanced approach. The industry consists of approximately 1,200 factories and provides 2.5 million jobs. Islamabad: The federal government is considering scrapping a used car import scheme while tightening regulations on the remaining two schemes, The News reported on Tuesday. The Department of Commerce has forwarded a summary to the Cabinet’s Economic Coordination Committee (ECC) recommending the abolition of the personal baggage regime. The other two schemes — Home Transfer Scheme and

November 22, 2025

News Desk

Pakistan lifts ban on import and export of gold after Cabinet approval

Gold bars are stacked in the locker room of gold house Pro Aurum in Munich, Germany, January 10, 2025. — Reuters May 2025, the suspension of the 2013 precious metals order was lifted. Restored the 120-day export rights period of the assignment program. Digital passbooks are expressly permitted to precious metals dealers. The federal government has lifted a ban on gold imports and exports by restoring suspended rules governing trade in precious metals and issuing new amendments, the Commerce Department said in a statement on Thursday. The commerce ministry issued a notification on November 21 under the Imports and Exports

September 30, 2025

News Desk

The UAE enters four new categories of visiting visit

The United Arab Emirates has introduced four new categories of visit visas and the updates for several existing licenses, the Federal Identity, Citizenship, Customs and Port Security Authority Khaleej Times reported on Monday. The decision is part of the country’s push to attract specialized professionals, businessmen and visitors, especially in technology, artificial intelligence, entertainment and tourism. The new categories include an entry visa for artificial intelligence experts, which are granted for single or multiple trips by letter from a sponsor from a recognized technological institution and entertainment view for foreigners visiting for short -term entertainment purposes. Also read: The UAE

July 8, 2025

News Desk

Govt completes the decision to import sugar as prices rise

Sugar in a shooting bag got up from a seller for a nearby photo shoot. – AFP/file The sugar price increases Rs6/kg on the Lahore market. The quetta rate is increased by Rs5 per kilogram. Govt accuses traders of promising prices. Islamabad: The Federal Council of Ministers has given final approval for the introduction of 500,000 tonnes of sugar through the public sector, the Ministry of National Food Safety said Tuesday. In a statement, the ministry noted that all the arrangements for the import process were completed and immediate implementation was ongoing, adding that the decision aimed at stabilizing domestic

Indonesia to facilitate import limitations before the US invoice deadline

Indonesia will facilitate the limitations and rules of imports for many goods and raw materials in an effort to facilitate business in the country, officials said Monday, before the July 9 duties on duties on duties set by the United States. While Indonesia is the largest economy in Southeast Asia, traders have historically protested excessive bureaucracy. The issue was also highlighted in a recent report by the US Commercial Representative about foreign trade obstacles. Relaxation involves removing the entry licensing requirements for certain goods and excluding certain industrial raw materials – including plastic and chemicals – from the list of

June 21, 2025

News Desk

Govt Greenlights Import of vehicles up to 5 years

A representation image showing a large number of vehicles parked in a location. – AFP/file Additional 40% duty protection to be imposed on such vehicles. It will be limited to 50% from the previous average of 90%. Extension of the year of admission year to take effect from 1 September. Islamabad: Prime Minister Shehbaz Sharif, the government led by Sharif, has allowed the commercial introduction of old, used vehicles up to five years from today’s three -year vehicles, The news reported on Saturday. The development comes after the Senate meeting on the permanent Committee on Finance under the chairmanship of

February 2, 2025

News Desk

India is worth the import tax on smartphone spare parts

Listen to the article New Delhi: India has abolished import tasks in some of the mobile phone production data, Finance Minister Nirmala Sitharaman has announced the annual budget on Saturday, in a push for local production efforts and benefits from businesses such as Apple and Xiaomi. India’s electronic production has more than doubled in the last six years at $ 115 billion in 2024, with the country now becoming the second largest mobile phone maker in the world. Apple has led the Indian smartphone market with a 23% share of total revenue during 2024, followed by Samsung at 22%, according

January 9, 2025

News Desk

FBR uncovers Rs 106 billion solar panel import scam

Listen to the article The Directorate of Customs Post-Clearance Inspection South, which operates under the Federal Board of Revenue (FBR), has unearthed a massive money laundering scheme worth over Rs 106 billion disguised as solar panel imports. According to Express News, the operation involved seven fake companies and the FBR has now registered cases against them. The companies involved in the scandal include: Messrs Sky Linkers Trading Company Peshawar, Messrs Sky Linkers Business Chain Private Limited Peshawar, Messrs Bright Star Business Solution Private Limited Peshawar, Mrs. Moonlight SMC Private Limited Peshawar, Messrs Pak Electronics Lahore, Messrs ) Limited Lahore, and

August 3, 2024

News Desk

The government will import expensive urea to meet the shortfall

Islamabad: The government on Friday approved the import of 100,000 metric tonnes of fertilizer at $359 a tonne, but rejected a proposal for a subsidy of Rs 5.9 billion to match local urea prices – in a move that will bridge the deficit but disrupt the market prices. The Economic Coordination Committee (ECC) of the cabinet took the decision to import urea while rejecting the subsidy request of the Industries Ministry. Finance Minister Muhammad Aurangzeb presided over the ECC meeting. “The ministerial committee approved the proposal of the Ministry of Industries and Production to import 100,000 tons of urea,” the

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