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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
SBP suspends authorization of M/s Money Link Exchange Company for three months
KARACHI: The State Bank of Pakistan (SBP) has taken swift action by suspending the authorization of an Exchange Company, M/s...
Business leaders call for focusing on hydro power to provide cheap energy to industry
ISLAMABAD: Chaudhry Abdul Majeed, Chairman, of Faisal Town said that Pakistan has the potential to generate 100,000 MW of hydropower,...
FTO seeks taxpayer-friendly automated system
LAHORE: The Federal Tax Ombudsman (FTO) has strongly recommended that the Federal Board of Revenue (FBR) should ensure a taxpayer-friendly...
FBR notifies powers & functions of newly created DG of Customs Risk Management
The Federal Board of Revenue (FBR) has notified the powers and functions of the newly created Director-General, Directorate-General of Customs...
FBR makes billions from income tax on electricity bills
ISLAMABAD: The Federal Board of Revenue (FBR) has no foolproof mechanism to ensure that a 7.5 percent withholding tax on...
Indus Motor’s after-tax profit drops by 39pc
KARACHI: Indus Motor Company (IMC), the assemblers of Toyota vehicles in Pakistan, has reported after-tax profit of Rs9.66 billion in...
Petrol, diesel likely to cross Rs300 mark for first time in country’s history
KARACHI: Amid a recent increase in global oil rates along with depreciation in the value of the rupee against the...
LHC orders NEPRA chairman to decide pleas against electricity bills within 21 days
LAHORE: The Lahore High Court has ordered the NEPRA chairman to decide on the applications demanding relief in inflated electricity...
FBR asks companies, AOPs to keep record of beneficial owners for 10 years
ISLAMABAD: The Federal Board of Revenue (FBR) has directed all companies and association of persons (AOPs) to retain the records...
RCCI ‘s delegation to explore business opportunities in the Cairo conference
RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) will lead a historic delegation for an unprecedented business opportunities conference...
ECC continues ban on sugar exports
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet reviewed its prevision decision regarding sugar export quota and continued ban...
SHC seeks report from DIG traffic on illegal parking fee
KARACHI: The Sindh High Court heard the plea against the unlawful parking areas and collection of parking fee and sought...
ANF seizes 75 kg drugs; arrests seven accused
RAWALPINDI: Anti-Narcotics Force (ANF) Pakistan while conducting seven operations across the country, managed to recover 75 kg drugs and arrested...
Commerce Ministry devising a plan to boost exports: Gohar Ejaz
ISLAMABAD: The Ministry of Commerce and Industries is devising a plan to boost the country’s exports by extending all-out support...
ICCI calls for revisiting PPAs with IPPs to save businesses
[ISLAMABAD: Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry (ICCI) said that the root cause of the surging...
BoP’s balance sheet surpasses Rs2-tr mark in 1st half of 2023
LAHORE: The Board of Directors of The Bank of Punjab convened on August 24, 2023, to review and approve the...
FBR imposes new WHT rates on electricity bills
ISLAMABAD: The Federal Board of Revenue (FBR) has unveiled revised withholding tax rates on electricity bills for the fiscal year...
Customs Court approves six days remand of suspect involved in smuggling of foreign origin liquor
KARACHI: Collectorate of Customs Port Mohammad Bin Qasim (PMBQ) had prevented an effort to smuggle imported alcohol worth more than...
IMF to review FBR’s performance under SBA today
ISLAMABAD: The Federal Board of Revenue (FBR) will resume virtual talks with the International Monetary Fund (IMF) on Monday to...
Lawyers urge govt to lower electricity rates, abolish taxes in bills
MUZAFFARGARH: In a significant show of dissent, the District Bar Association of Muzaffargarh orchestrated a full-day strike and protested against...
