Fuel prices may rise

Fuel prices may rise

ISLAMABAD: After five straight fortnightly cuts, the petroleum prices have started reverse journey owing mainly to higher international prices following flare up in the Middle East crisis. Informed official sources said the prices of major petroleum products — petrol and high speed diesel (HSD) — are estimated to go up by around Rs5.50 and Rs13…

FBR says no ‘redemption’ for vehicles used in smuggling

FBR says no ‘redemption’ for vehicles used in smuggling

ISLAMABAD: Vehicles or means of transport used to move smuggled goods are now subject to immediate confiscation without the option of payment of a fine, under a recent amendment. The change, made to SRO 499 of 2009, empowers authorities to confiscate vehicles used for transporting smuggled goods as part of a decisive move to intensify…