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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
Foreign exchange reserves up by $252m
ISLAMABAD: The foreign exchange reserves held by State Bank of Pakistan (SBP) increased by US$252 million during the week ending...
ASO impounds huge quantity of contraband goods worth more than Rs43m
KARACHI: Collectorate of Customs Preventive Anti Smuggling Organization (ASO) apprehended huge quantity of smuggled goods worth millions of rupees in...
SBP awards licence to International Industries to operate in North America
KARACHI: The Board of Directors and management of International Industries Limited (IIL) have announced that the State Bank of Pakistan...
Defiance of govt orders by private terminal operators censured
FEBR for make procedure easier for obtaining loan from the banks for business concerns LAHORE: Friends of Economic and Business...
PRA extends date for filing sales tax, WHT returns till April 30
LAHORE: Punjab Revenue Authority (PRA) has extended date for filing sales tax returns and withholding tax statements till April 30,...
State Bank reduces interest rate from 11pc to 9pc
ISLAMABAD: The State Bank of Pakistan (SBP) on Thursday announced that it had slashed the interest rate by 200 basis...
Govt striving hard to resolve liquidity crunch, cash flow issues of industry: Hafeez
ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh has said the government has vowed...
FBR extends time for filing of GDs from 10 to 25 days for all IGMs between 17 March & 7 April
ISLAMABAD: Federal Board of Revenue (FBR) has extended time limit for filing of Goods Declaration (GDs) from 10 existing days...
Gwadar I&I & FC foils bid to smuggle currency worth Rs7m
GWADAR: Directorate of Customs Intelligence and Investigation in a joint operation with FC Baluchistan has seized Pakistani currency worth Rs7.0...
Asian markets down on virus impact fears
HONG KONG: Asian markets fell in early trade on Thursday following overnight woes on Wall Street as more negative US...
Payment of duty, taxes through PD accounts for GDs can be made after ten days: KCCA
KARACHI: Karachi Customs Agents Association (KCCA) announced that a CRF initiated and the WeBOC project has deployed a module in...
Hafeez Shaikh forms body to finalise proposals for incentivising retail sector
ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh has constituted a five-member committee including...
Shipping Alert! Maersk shipments en route may not reach Pakistan in case of blocking of user ID
KARACHI: Shipping company Maersk shipments en route may not reach Pakistan in case of blocking of its user ID by...
NAB Karachi Director Hafeez Siddiqui recovers Rs 16b from PAF, Maxim Group in mega corruption case
KARACHI: PAF management and their JV Partner Ch Tanvir Builder of Maxim Group have surrendered before NAB investigation and agreed...
IMF gives major debt relief to Pakistan
ISLAMABAD: Foreign Minister Shah Mehmood Qureshi on Thursday confirmed that the International Monetary Fund (IMF) has decided to give a...
Jhang ASO seizes smuggled goods worth Rs46.39m
FAISALABAD: Collectorate of Customs Anti-Smuggling Organization seized smuggled goods worth Rs46.39 million with assistance of Local police. Additional Collector Ghulam...
Director of M/s Hamdard Packet files acquittal petition in sales tax evasion
KARACHI: Humayun Aslam, director of M/s Hamdard Packet Pvt Ltd has approached the customs court and moved petition under section...
IHC wraps up KPT chairman case as govt withdraws removal notice
ISLAMABAD: The Islamabad High Court (IHC) on Thursday wrapped up the case pertaining to Karachi Port Trust (KPT) Chairman Jameel...
CCOE directs power division to work for further reforms in sector
ISLAMABAD: The Cabinet Committee on Energy (CCOE) on Wednesday directed power division to submit a formal summary to the committee...
FBR issues procedure for clearance of transit cargo at Chaman, Torkham
ISLAMABAD: Federal Board of Revenue FBR has notified procedure required for operations at Chaman/Torkham border regrading clearance of transit cargo....
