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 introduces foreign currency business accounts for NRPs
KARACHI: The State Bank of Pakistan (SBP) on Wednesday introduced a separate category of foreign exchange (FX) accounts named as...
Pakistan, Japan agree to enhance trade, investment relations
ISLAMABAD: Pakistan and Japan have agreed to further enhancing bilateral trade and investment relations and close cooperation on regional and...
SBP shuts four branches of two exchange companies
KARACHI: The State Bank of Pakistan (SBP) shut down four branches of two different foreign exchange companies on Wednesday. According...
Iqbal for taking measures to boost exports to China up to $30b
ISLAMABAD: Federal Minister for Planning Development and Special Initiatives Professor Ahsan Iqbal has said that time has come to approach...
Peshawar Enforcement recovers smuggled goods worth Rs32m
PESHAWAR: Collectorate of Customs Enforcement has thwarted an attempt to smuggle huge quantity of USA origin almond without shell, tyres...
SBP PIB Auction: Rs298.5b raised against a target of Rs175b
KARACHI: The government raised Rs298.5 billion of debt against a target of Rs175bn, primarily focused on a 5-year tenor in...
Consultative session on investment policy held
LAHORE: Lahore Chamber of Commerce and Industry (LCCI) and Punjab board of Investment and Trade (PBIT) jointly organized a consultative...
KP govt to set up commercial courts to settle business disputes of over Rs300,000
PESHAWAR: The Khyber Pakhtunkhwa (KP) government has announced to set up commercial courts to resolve trade disputes of over Rs300,000....
Agriculture machinery valuing $112.025m imported in FY2021
ISLAMABAD: The imports of agriculture machinery and implements into the country during financial year ended on June 30,2022 witnessed about...
Efforts on to further boost Pak-UAE cooperation
ISLAMABAD: Federal Minister for Finance & Revenue, Miftah Ismail highlighted that the incumbent government was focusing on various new avenues...
Pakistan’s economic problems temporary: Finance Ministry, SBP
KARACHI: Pakistan’s economic problems are temporary and being forcefully addressed, the Finance Ministry and the State Bank of Pakistan (SBP)...
Pakistan has fulfilled last prior action after increasing oil levy: IMF
ISLAMABAD: Pakistan has completed the last precondition for the combined seventh and eighth reviews, the International Monetary Fund (IMF) said...
Govt reviewing tax related issues: Miftah Ismail
ISLAMABAD: Federal Minister for Finance and Revenue Miftah Ismail has said that that reviews were being carried out for resolving...
LHC dismisses customs official’s plea against tribunal’s verdict
LAHORE: The Lahore High Court dismissed a petition of director Customs Intelligence against a decision of Customs Appellate Tribunal (CAT)...
SBP imposes Rs85m as penalty on JS Bank for violating regulatory instructions
KARACHI: The State Bank of Pakistan (SBP) has imposed a monetary penalty of Rs85 million on JS Bank Limited for...
Pakistan current account deficit rises to $17.4b in FY2022
KARACHI: Pakistan’s current account deficit (CAD) has swelled to $17.4 billion in the fiscal year of 2021-22. According to details,...
Customs value of flexible tubing iron and steel revised vide Valuation Ruling 1685/2022
KARACHI: Directorate-General Customs Valuation Director Syed Fawad Ali Shah has revised customs values of flexible turbing of iron and steel...
Clearance of containers still remains elusive despite MoC go-ahead signal
KARACHI: The clearance of hundreds of containers, stuck at ports under SRO 598/22 dated 19-5-2022, has become a mystery even...
Pakistan, Germany sign €17.5m agreement for development in KP
ISLAMABAD: Pakistan and Germany on Monday signed an agreement for the Regional Infrastructure Fund (Phase-II) under which the government of...
President directs FBR to undo unjust taxation on lecturers’ salaries
ISLAMABAD: President Dr Arif Alvi rejected 30 identical representations filed by the Federal Board of Revenue (FBR) against Federal Tax...
