Pakistan climbs 28 spots on Ease of Doing Business index
FBR has made trading across borders easier SAMAA | Press Release - Posted: Jan 19, 2021 | Last Updated: 3 months ago SAMAA | Press Release Posted: Jan 19, 2021 | Last Updated: 3 months ago
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Pakistan climbed up 31 positions in the Trading Across Border Index, which enabled the country in jumping up 28 places, from 136th to 108th, in World Bank s Ease of Doing Business 2020 , a press release said on Wednesday.
Pakistan has improved from 142nd to 111th on the rank of the Trading Across Border Index, which helped it improve its ranking in the WB s Ease of Doing Business index.
Pakistan improves on Trading Across Border Index ranking: FBR
By
A Federal Board of Revenue office. APP/File
ISLAMABAD: In a major achievement towards ensuring ease of doing business, Pakistan has improved 31 positions, from 142nd to 111th, on the Trading Across Border Index, Federal Board of Revenue (FBR) said on Tuesday.
The board has made trading across borders easier by focusing on three crucial areas, including enhancing the integration of various agencies in the Web-Based One Customs (WEBOC) electronic system; reducing the number of documents required for import/export clearances; and enhancing capacities of Pakistan Customs officials for playing pro-active role in smoothly regulating border trade.
How to Pay Customs Duty on Cars in Pakistan? Here are the Details!
Find all the information on how to pay customs duty on cars in Pakistan.
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Pakistan has the benefit of its Southern disposition in the world which can link it to several parts of the world through the Arabian Sea. The ports of Pakistan have enabled the trade of several products in and out of the country. This is beneficial for the financial stability of the country. Along with financial stability, importing goods can make a diversity of products available to the public. Automobiles are widely imported by people of Pakistan from different countries. However, to accomplish this, they have to pay customs duties. Payment of customs duty and the importing of vehicles is complex for many people. Most of the newbies need guidance about how to pay customs duty on cars. We have covered the details about all the procedures for safe import of vehicles and the duty or tax people have to pay on the vehicle.