Breaking News
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 5 exchange companies of ‘B’ category
KARACHI: The State Bank of Pakistan (SBP) suspended the authorization of five Exchange Companies of B-category with immediate effect until...
IMF projects Pakistan GDP to grow by 2.5pc in 2024
ISLAMABAD: In its latest report, the International Monetary Fund (IMF) has projected the GDP growth rate for Pakistan at 2.5%...
Quetta Customs seizes smuggled goods worth Rs450m in first week of Oct
QUETTA: In line with the directives of Member Customs Zeba Hai Azhar and Chief Collector Baluchistan Abdul Qadir Memon, Collector...
FBR extends probe into money laundering in guise of solar panel imports
ISLAMABAD: The Federal Board of Revenue (FBR) on Monday decided to expand the scope of its investigation in response to...
Govt to appoint adviser to draft plan for PIA privatisation
ISLAMABAD: Pakistan will appoint an adviser to draft a plan to privatise its money-losing national airline, said the caretaker government’s...
Pakistan’s remittances record $2.2b inflow in September: SBP
KARACHI: The overseas workers’ remittances recorded an inflow of US$2.2 billion during September 2023, according to State Bank of Pakistan....
Pakistan mulls plan to complete Iran gas project sans US sanctions
ISLAMABAD: The authorities have started formulating a plan to restructure the much-delayed Iran-Pakistan (IP) gas pipeline project to avoid US...
FBR to expand tax net by 1 million people in the current fiscal year
ISLAMABAD: The Federal Board of Revenue has planned to add 1 million new taxpayers in the tax net during the...
APTMA seeks cut in power tariff
ISLAMABAD: All Pakistan Textile Mills Association (APTMA) urged the government to reduce power tariff to restore industry based in the...
Customs JIAP seizes 51 cellphones worth Rs27.6m
KARACHI: Collectorate of Customs team deputed at Jinnah International Airport (JIAP) successfully thwarted an attempt to smuggle cell phones worth...
Pakistan needs to abolish tax exemptions: World Bank
ISLAMABAD: The caretaker government has been urged to abolish all tax exemptions and bring incomes from agriculture, properties and retail...
World Bank raises concerns over SOEs’ privatisation approach
ISLAMABAD: While Pakistan is already under tight monetary vigilance of the International Monetary Fund (IMF) to fulfil certain prerequisites for...
Lahore I&I seizes smuggled goods worth Rs220m from Shah Alam Market & Humayun Khan Plaza
LAHORE: In view of intensified anti-smuggling drive across Pakistan, Faiz Ahmed Chadhar, Director General, Customs Intelligence and Investigations (I&I) issued...
Lahore Enforcement recovers smuggled auto parts worth Rs800m near Old Ravi Toll Plaza
LAHORE: Collectorate of Customs Enforcement recovered conducted a raid on a godown near New Vision Group of Institutes, Saeed Park,...
FTO Dr. Asif Jah elected as Secretary General OICOA
KARACHI: Federal Tax Ombudsman of Pakistan, Dr. Asif Mehmood Jah elected as Secretary General of OICOA in its 9th Board...
OGDCL finds indicators of heavy reservoirs of shale gas in Hyderabad
ISLAMABAD: Amid depleting natural gas, Pakistan has found indicators that suggest the presence of heavy reservoirs of shale gas in...
Multan Customs seizes NDP vehciles & goods worth Rs310.4m in September
MULTAN: Collectorate of Customs Enforcement Multan has seized non-customs paid vehicles and miscellaneous goods worth Rs310.4 million in various anti-smuggling...
SECP warns public against investing in fraudulent schemes
LAHORE: The Securities and Exchange Commission of Pakistan (SECP) has advised the general public against investing in fraudulent investment schemes...
FBR optimistic to achieve annual tax collection target sans mini budget
ISLAMABAD-The Federal Board of Revenue (FBR) is optimistic to achieve its annual tax collection target without announcing mini budget. Background...
Collector Imran Bokhari’s Khuzdar Customs recovers 6 tons of betel nuts worth Rs28.8m
KHUZDAR: Under the dynamic leadership of Collector Imran Bokhari, Collectorate of Customs Enforcement thwarted two attempts to smuggle 6 tons...
