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
Pakistan’s forex reserves decline to $22.875b
KARACHI: Pakistan’s total liquid foreign exchange reserves have declined by $351 million to $22.875 billion by week ended February 25,...
Slow pace of foreign funding halts KP development projects
PESHAWAR: The Khyber Pakhtunkhwa (KP) government said that the international financial institutions have provided just 20% of the promised funds...
SBP issues unified QR code to accelerate digital payments
KARACHI: State Bank of Pakistan (SBP) has issued standards for Quick Response (QR) code based payments in Pakistan to accelerate...
FBR’s robust revenue growth enabled govt to subsidize petrol, electricity: PM Imran Khan
ISLAMABAD: Prime Minister Imran Khan said robust revenue growth of 28.5 percent by the Federal Bureau of Revenue (FBR) had...
President Alvi promulgates ordinance to bring about industrial development
ISLAMABAD: President Dr. Arif Alvi promulgated the Income Tax (Amendment) Ordinance 2022 for industrial development in the country. The Ordinance,...
POS verified invoices increase as FBR’s prize scheme grows popular
ISLAMABAD: Amongst various innovative digital interventions made by FBR to maximize tax compliance through automation of its operations and facilitation...
PKIC, RJ Fleming Co. join hands to launch Pakistan focused private equity fund
ISLAMABAD: The Kuwait Investment Authority’s joint venture with the Pakistan government, Pakistan Kuwait Investment Company (Private) Limited (PKIC) and R.J....
FTO recommends security audit of FBR’s IT Wing
LAHORE: As per the ongoing investigation done by the Federal Tax Ombudsman (FTO) it was decided that the Federal Board...
FEBR hails tax amnesty for industrialists, reduction in POL prices, seeks general amnesty
LAHORE: Friends of Economic and Business Reforms (FEBR) President Kashif Anwar while hailing the amnesty for industrialists, reduction in petroleum...
OGRA notifies increase in gas prices
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has increased the average gas prices by up to 16.37 per cent...
First Lady Samina Arif Alvi opens Blue Fair in Multan
MULTAN: First Lady, Ms Samina Arif Alvi, inaugurated the 8th three-day long Blue Fair exhibiting handicrafts, garments, jewelry, furniture, cosmetic...
Exports increased by 26pc in last 8 months: Razak Dawood
ISLAMABAD: Adviser to Prime Minister on Commerce and Investment, Abdul Razak Dawood on Wednesday said that country’s exports have been...
Customs I&I recovers huge quantity of smuggled diesel
KARACHI: Directorate of Customs Intelligence and Investigation (I&I) has foiled a bid to smuggle huge quantity of diesel. Sources said...
FBR grants sales tax exemption on all petroleum products
ISLAMABAD: The government granted sales tax holiday on supply of all petroleum products to bring down the impact of high...
Pakistan, UAE to strengthen cooperation in trade, religious tourism
ISLAMABAD: Pakistan and United Arab Emirates on Tuesday expressed the will to strengthen bilateral cooperation in various fields including trade,...
PM Imran announces 5-year tax relief for overseas investors
LAHORE: Prime Minister Imran Khan has announced a five-year tax exemption for overseas investors to bolster investment in Pakistan. He...
PM’s announcements move Pakistan towards economic development: EFP
KARACHI: President, Employers’ Federation of Pakistan (EFP), Ismail Suttar, believes that the Prime Minister Imran Khan’s recent announcement in view...
Gwadar Customs seizes narcotics worth Rs257m
GWADAR: Collectorate of Customs again in yet another intelligence-based successful operation seized 8.5 kg of high-quality Methamphetamine/ICE after chasing the...
Govt decides to announce package for promotion of industries
ISLAMABAD: Federal government decided to announce a package for promotion of industries. The federal cabinet has given approval to the...
February inflation rate slows down to 12.2pc
ISLAMABAD: Despite a double digit increase in prices of essential kitchen items, fuel and electricity prices and rising imported inflation,...
