Islamabad: The Ministry of Finance directed all federal ministries and departments to return the surplus of development funds allocated under the Public Sector Development Program (PSDP) for the fiscal year 2024-25, in a move aimed at avoiding fears of audit before the upcoming federal budget. The guidance follows a declining review of the federal development … Read more
The Pakistan Drug Regulation Authority (DRAP) issued an urgent alert to summon to obtain a group of veterinary medicine, which is considered below the required level, after multiple complaints received from the Drug Control Directorate (DDC) Punjab. In a notification issued on Saturday, DRAP said that the relevant product –Zaktyl-20 injection (For veterinary use only), … Read more
Islamabad: In response to the concerns of confirmation regarding the use of diagnostic chemicals below the required level, the Pakistan Drug Regulation Authority (DRAP) has started a campaign at the country level aimed at curbing illegal imports, unlicensed manufacturing, and unethical practices in the diagnostic reagent sector. It was issued on January 31, 2025, calling … Read more
Iranian transport operators are now required to provide bank guarantees to Pakistani customs authorities for goods shipped via Iranian transport companies from Taftan border to NLC dry port in Quetta. The Federal Board of Revenue (FBR) introduced this change through the amendment to the Customs Rules 2001 through SRO.1913(I)/2024. Under the updated rules, Iranian transport … Read more