Reforms by Local Government Punjab Reform ID P050 Reform Description The Government of Punjab has Abolished the Fee for Licensing of Professions and Vocations Before: SMEs engaged in any professions or vocations business had to pay fees to obtain/ renew registration/ license to start/operate their business on annual basis. After: Fees to obtain/renew Licensing of…
Reforms by Local Government Khyber Pakhtunkhwa for registration of Small Trades and Businesses Reform ID K049 Reform Description Local Government KP Allowed Free of Cost registration of Small Trades & Businesses Before: All 120 trades including small ones had to obtain Trade License and and pay pay License fee and annual inspection fees. After: All…
Removal of Industrial Inputs from List under Foreign Exchange Act Reform ID E048 Reform Description Removing Industrial Inputs from the List Under Foreign Exchange Act Before: SBP had imposed margin restriction on import of items listed under FE Act-BPRD Circular No. 2 of 2017 and 5 of 2018. After: SBP has waived the condition of…
Automation of Filing of Monthly and Annual Reporting of Export Earning (EE) Statements Reform ID E047 Reform Description Modernizing the Process of Filing of Monthly and Annual Reporting of EE Statements Before: Process for filing of monthly and annual reporting of EE statements for annual export ticket approval was manual which caused delays and huge…
Elimination of Restriction for IT Companies to Make Payments from Forex Accounts Reform ID E046 Reform Description The Restriction for IT Companies to Make Payments from Forex Account has been Eliminated Before: Exporters of software were not allowed to utilize their own export earnings in Foreign Currency accounts exclusively for payment of expenses incurred by…
Use of Risk Management Technique for Inspection of Inputs for Manufacture of Edible Items Reform ID E045 Reform Description Risk Management Technique for Inspection of Inputs for Manufacturing of Edible Items has been Introduced Before: Imported food products ingredients (skimmed milk powder, whey powder, coconut oil etc.) consignments were stopped for drawing samples, testing and…
Plant Protection Release Order (PPRO) for Import of Samples of Edible Items Eliminated Reform ID E044 Reform Description Inspection regime for Import of samples of edible items has been shifted to Risk Management System and Plant Protection Release Order for Import of Samples of Edible Items has been Eliminated Before: To participate in tea auctions…
Risk Management introduced for import of Food Product Ingredients Reform ID E043 Reform Description Risk Management introduced for import of Food Product Ingredients Introduced for Speedy Clearance Before: Imported food products/ingredients (Peanut Grit, Raisins, Dehydrated Vegetables, Egg Powder etc.) consignments were stopped by the Department of Plant Protection for sample collection, testing and reporting every…
Elimination of Compulsory Checking of Accessories & Input for Exports Reform ID E042 Reform Description Elimination of Compulsory Checking of Accessories and Inputs for Exports Through the Introduction of Risk Management System under WeBOC. Before: Businesses required clearance of materials, accessories, components etc., for use in production of exportable goods. All importers (including reliable ones)…
Online Single Window Facility introduced by SBCA for Construction Permits Reform ID S041 Reform Description SBCA and LDA have Introduced an Online Single Window Facility for Issuing Construction Permits. Moreover, the Requirement of PT-1 Forms has also been Eliminated by KWSB and WASA Before: Obtaining Construction Permits was a manual and cumbersome task. After: The process…