Breaking News

FTO makes online hearings default for tax complaints

Pakistan Customs orders KICT to clear container backlog within a week

Pakistan’s cotton output falls to less than half of peak level: OICCI report

Pakistan, Iran discuss trade, economic cooperation and connectivity

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Pakistan’s first in-depth newspaper that presents balanced news reports, analysis and reviews regarding Customs, Federal Board of Revenue (FBR) and Sales/Income Tax Departments beside covering import and export sectors comprehensively. Up-to-the-minute news bulletins regarding Customs and FBR departments are also displayed regularly on both website and face book for the interest of common people

IsDB offers financing support to Pakistan to respond COVID-19

ISLAMABAD: The Islamic Development Bank (IsDB) has offered financing support to Pakistan in the current testing times to respond to...

COVID-19; Sindh waives off multiple taxes for three months

KARACHI: The government of Sindh on Thursday announced to waive off multiple taxes for three months as part of its...

SBP revises projection for budget deficit, predicts negative GDP growth for remaining FY

ISLAMABAD: The State Bank of Pakistan (SBP) has revised upward its projection for the country’s escalating budget deficit to 9.2%...

KPT directs to implement free period from 5 days to 15 days

KARACHI: Karachi Port Trust (KPT) directed to implement decision regarding implementation of free period from 5 days to 15 days...

Hafeez Shaikh presides over meeting to review issues being faced by telecom sector

ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh chaired a high-level meeting to discuss...

M/s Byco Petroleum files petition challenging recovery notice

byM.B. Rana

KARACHI: M/s Byco Petroleum Private Limited has approached the Sindh High Court (SHC) against deposit of pay order for purported...

FBR restores performance allowance of Umair Mehmood Siddiqui

ISLAMABAD: Federal Board of Revenue (FBR) has issued notification for restoration of Pakistan Customs Service (PCS)BS-18 second secretary. A notification...

M/s Tuwairqi Steel Mills moves SHC against freezing bank account

byM.B. Rana

KARACHI: M/s Tuwairqi Steel Mills Limited (TSML) has approached the Sindh High Court (SHC) against seizing its bank accounts in...

Current account deficit drops by 74pc in nine months: SBP

KARACHI: The current account deficit in first nine months of the fiscal year dropped by 74 %, the State Bank...

FBR to directly transfer tax refund to taxpayers’ bank accounts

ISLAMABAD: Federal Board of Revenue (FBR) has established a central system to transfer tax refunds directly to the taxpayers’ bank...

CDWP approves 3 projects of Rs12.55b, refers 2 projects worth Rs196.6b to ECNEC

ISLAMABAD: The Central Development Working Party (CDWP) on Wednesday approved three projects worth Rs12.55 billion and recommended two projects valuing...

Multan I&I seizes firecrackers from Lodhran worth Rs2m

MULTAN: Directorate of Customs Intelligence and Investigation (I&I) seized huge quantity of firecrackers from Lodhran of worth Rs2 million in...

KSE-100 ends in green after volatile session

KARACHI: Investors at the Pakistan Stock Exchange (PSX) witnessed a volatile trading session on Wednesday, with the benchmark KSE-100 Index...

COVID-19: KCCI wants policy rate reduced to 4pc

KARACHI: Karachi Chamber of Commerce & Industry (KCCI) President Agha Shahab Ahmed Khan has urged the State Bank of Pakistan...

SBP ready to do more to shield Pakistan’s economy: Reza Baqir

ISLAMABAD: State Bank of Pakistan (SBP) Governor Reza Baqir, in an interview with Bloomberg, said he is ready to do...

Punjab introduces ordinance against hoarding