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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
FBR grants income tax exemptions worth Rs378b during last FY
ISLAMABAD: Despite massive shortfall in revenue collection the Federal Board of Revenue (FBR) granted Rs378 billion as income tax exemption...
Rs 80m allocated for BOI in PSDP 2020-21
ISLAMABAD: The government has allocated Rs80 million in Public Sector Development Programme (PSDP) 2020-21 for one on- going scheme of...
SBP reserves fall by $266m
KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $266 million to $10.9 billion during...
Call to reduce customs duty, income tax on local gas from 4pc to 2pc
LAHORE: The government should bring down income tax on local gas from 4pc to 2pc; reduce general sales tax from...
Customs duty collection down 23pc in May
LAHORE: The collection of customs duty posted 23 percent decline in May 2020 due to lockdown and long holidays on...
KPT shipping intelligence report June 11
KARACHI: The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on...
Kohat ASO seizes smuggled crushed betel nuts worth Rs44m
KOHAT: Deputy Collector Customs station Kohat Mehmood Khayal has said that that anti-smuggling squad seized smuggled crushed betel nuts Concealed...
PSX gains 64 points amid selling pressure
KARACHI: The equity market gained 64 points on Thursday amid selling pressure was seen in energy scrips. The benchmark KSE-100...
CM Usman Buzdar orders to maintain stability in roti, naan prices
LAHORE: Punjab Chief Minister Sardar Usman Buzdar has on Thursday taken notice of hike in roti and naan prices and...
Pakistan’s economy contracted 0.38pc in FY2020 as coronavirus wreaked havoc: Economic Survey
ISLAMABAD: Advisor to the Prime Minister on Finance Abdul Hafeez Shaikh presented the Pakistan Economic Survey 2019-20 on Thursday, highlighting...
ICCI slams shipping companies for not implementing govt directions regarding detention & demurrage charges
ISLAMABAD: President of Islamabad Chamber of Commerce and Industry (ICCI) Muhammad Ahmad has said that all detention and demurrage charges...
FBR records Rs30b shortfall in sales tax on POL products
ISLAMABAD: Lockdown-led subdued consumption has been estimated to wipe away Rs30 billion worth of sales tax on petroleum products for...
FBR forms licensing committee for tracking transit, transshipment cargo
ISLAMABAD: Federal Board of Revenue (FBR) has re-constituted committee for grant of license for tracking transit and transshipment cargo. The...
Gwadar Customs to hold auction of vehicles on 16 June
GADANI: Model Customs Collectorate (MCC) Gwadar has announced auction of fresh lot of confiscated vehicles on June 16, 2020 to...
Govt to unveil federal budget tomorrow
ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government is all set to present its second federal budget for the fiscal year 2020-21...
Importers urge FBR to withdraw SRO 237 (I)/2019
LAHORE: Pakistan FMCG Importers Association (PFIA) has urged the Federal Board of Revenue (FBR) to withdraw SRO 237 (I)/2019 issued...
Sales of locally manufactured cars post massive decline of 75% in May
KARACHI: The sales of locally manufactured cars have posted a massive decline of 75 percent in May 2020 due to...
Cases registered against two oil companies over fuel shortage
KARACHI: A case has been registered against two of the oil companies over creating artificial fuel shortage by hoarding in...
IHC bars govt from taking action on sugar inquiry commission report
ISLAMABAD: The Islamabad High Court barred the government from taking action on the sugar inquiry commission report, issuing directives for...
Govt should announce maximum relief for Sialkot exporters in upcoming budget
SIALKOT: Muhammad Ashraf Malik, President Sialkot Chamber of Commerce and Industry has stated that Export Industry of Sialkot had drastically...
