Elimination of Restriction for IT Companies to Make Payments from Forex Accounts

Elimination of Restriction for IT Companies to Make Payments from Forex Accounts 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 employees travelling abroad…

Risk Management Technique for Inspection of Inputs of Edible Items introduced

Use of Risk Management Technique for Inspection of Inputs for Manufacture of Edible Items 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 reporting every time…

Risk Management Technique for Food Product Ingredients Imports Introduced

Risk Management introduced for import of Food Product Ingredients 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 time, causing delay…

Compulsory checking of accessories & input for exports Eliminated

Elimination of Compulsory Checking of Accessories & Input for Exports 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) required to get…

One Window Facility in Karachi and Lahore for providing Construction Permits

Online Single Window Facility introduced by LDA and SBCA for Construction Permits    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: A manual process to apply for Construction Permits  meant that businesses…