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FBR issues a draft of rules for New Export Facilitation Scheme


Daily Times
July 11, 2021
The Federal Board of Revenue (FBR) has issued a draft of rules for new Export Facilitation Scheme 2021 and sought comments from industry, exporters and other stakeholders.
According to FBR press statement issued here Saturday, the New Export Facilitation Scheme has been approved by the federal government and passed by Parliament under Finance Act 2021. This scheme would be implemented from August 14, 2021 and would run parallel with existing schemes like Manufacturing Bond, DTRE and Export Oriented Schemes for two years.
The existing old schemes would be phased out in next two years and would be fully replaced by Export Facilitation Scheme-2021, the statement said adding that the draft rules could be accessed at official website of FBR.The Salient Features of new EFS-2021 include minimum documentation and encourages new entrants and SMEs. ....

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FBR issues draft of rules for new export facilitation scheme 2021


FBR issues draft of rules for new export facilitation scheme 2021
  Published On
The draft rules can be accessed at official website of FBR.
ISLAMABAD (Web Desk) - Federal Board of Revenue has issued a draft of rules for new Export Facilitation Scheme 2021, and sought comments from industry, exporters and other stakeholders.
According to an FBR statement, the New Export Facilitation Scheme has been approved by federal government and passed by Parliament under Finance Act 2021.
This scheme will be implemented from 14th of next month, and will run parallel with existing schemes like Manufacturing Bond, Duty and Tax Remission for Exporters and Export Oriented Schemes for two years. ....

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Leaders in Trade: The winners | Global Trade Review (GTR)


 
Judging is based on submissions sent to
GTR that outline institutions’ greatest achievements throughout the course of 2020 as related to these specific categories .
Congratulations to the winners!

Given that, disappointingly, just two submissions across the entire global market were received for this category, the GTR editorial team decided not to award any winners.
In some cases, where entries overlap with Best Deals signed in 2020, the GTR team also draws on those transactions.
 
 
Bank: Bank of America
With a solid performance that went beyond the ‘E’ in ESG to tackle societal and governance issues too, Bank of America was a standout choice in the sustainability category. ....

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