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
KPRA sales tax on services collection rises 20pc in FY2025-26
PESHAWAR: The Khyber Pakhtunkhwa Revenue Authority (KPRA) recorded a strong 20% increase in Sales Tax on Services (STS) collection during...
FTO praises FBR official for resolving taxpayer’s pending case
ISLAMABAD: The Federal Tax Ombudsman (FTO) has commended a senior Federal Board of Revenue (FBR) official for his swift intervention...
Aurangzeb reviews corporate, capital market reforms at SECP
ISLAMABAD: Federal Finance Minister Muhammad Aurangzeb visited the headquarters of the Securities and Exchange Commission of Pakistan (SECP), where he...
Pakistan Customs registers 201 IPR forfeiture cases in FY2025-26
KARACHI: Pakistan Customs' Directorate General of Intellectual Property Rights Enforcement (IPRE) registered 201 Intellectual Property Rights (IPR) forfeiture and seizure...
Cargo plane travelling from Sharjah to Karachi crashes into sea with five on board
KARACHI: A cargo plane that took off from Sharjah crashed into the sea after disappearing from radar off the coast...
SRB achieves record Rs370.06b revenue in FY2025-26 with 20.17pc growth
KARACHI: The Sindh Revenue Board (SRB) achieved its highest-ever annual revenue collection in fiscal year 2025-26, collecting Rs370.064 billion, reflecting...
Khairpur Police recover Rs80m imported cloth stolen from hijacked trailer
KHAIRPUR: Khairpur Police have recovered imported cloth worth Rs80 million that was stolen from a trailer hijacked a few days...
Govt keeps gas prices unchanged despite Ogra’s recommendation
ISLAMABAD: Consumers will not receive lower gas tariffs in FY2026-27 after the federal government decided to retain existing rates despite...
FMCG importers ask FBR to review new packaging rules
KARACHI: The Pakistan FMCG Importers Association (PFIA) has urged the Federal Board of Revenue (FBR) to review new packaging requirements...
Customs staff seize hashish worth Rs360m from Int’l Mail Office in Karachi
KARACHI: The Collectorate of Customs at Jinnah International Airport (JIAP) seized 12 kilograms of hashish worth Rs360 million from two...
Big depositors face new bank rules & losses
KARACHI: The State Bank of Pakistan (SBP) has withdrawn the requirement for banks to offer guaranteed profit rates on savings...
PSW Partners with LUMS to promote digital trade & customs expertise
ISLAMAAD: Pakistan Single Window (PSW) and the Lahore University of Management Sciences (LUMS) have signed a Memorandum of Understanding to...
FTO dismisses Rs70m tax evasion complaint
LAHORE: The Federal Tax Ombudsman (FTO) has dismissed a complaint involving alleged tax evasion of over Rs70 million, reiterating that...
FTO orders FBR to withdraw penalties imposed on NBP branch manager
ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to withdraw penalties imposed on a...
PM Shehbaz directs SMEDA to facilitate credit for SMEs to boost national exports
ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday directed the Small and Medium Enterprises Development Authority (SMEDA) to facilitate the provision...
FBR orders clear printing of retail price, sales tax on 56 goods
ISLAMABAD: The Federal Board of Revenue (FBR) has directed manufacturers and importers of 56 goods listed in the Third Schedule...
Finance Ministry unveils fund release strategy for FY2026-27
ISLAMABAD: The Ministry of Finance has issued its budget fund release strategy for the 2026-27 fiscal year, outlining the mechanism...
PIA can become profitable in first year of privatisation: Arif Habib
ISLAMABAD: Pakistan International Airlines can become profitable in the first year after privatization through better management, fleet expansion, and a...
PM’s maritime reforms: 85 of 99 action points completed in 18 months
KARACHI: In a significant achievement, the Reform Implementation Committee has completed 85 of the 99 action points under the prime...
Textile exhibition with over 2,000 global brands ends in Lahore
LAHORE: The 32nd edition of an international textile exhibition featuring over 2,000 international brands and official delegations from more than...
