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
Afghan Transit scam: M/s Nadeem Agencies moves SHC for de-blocking of license
KARACHI: A two-member bench of the Sindh High Court (SHC) directed customs officials to submit their comments on a constitutional...
CPEC Committee recommends to open Sust border for whole year
ISLAMABAD: The Parliamentary Committee on China-Pakistan Economic Corridor (CPEC) on Wednesday recommended for viable proposals to open Sust border for...
CE CTO submits FIR against M/s Friends Enterprises in fake input & refund of sales tax case
KARACHI: Commissioner Enforcement-I, CTO, Karachi has submitted first information report (FIR) before the customs court against Muhammad Jawaid of M/s...
Khusro USA’s hails $4.2b support under PEPA since 2010
ISLAMABAD: Federal Minister for Economic Affairs, Makhdum Khusro Bakhtyar on hailed United State of America’s (USA’s) $ 4.2 billion support...
FBR delegates powers, functions to Members
ISLAMABAD: Federal Board of Revenue (FBR) delegated its powers and functions to the Members under tax laws including income tax,...
SBP directs banks to ensure quality reporting regarding borrowers’ information
KARACHI: The State Bank of Pakistan issued instructions for banks to ensure quality reporting regarding borrowers’ information. The SBP said...
Strategy devised to expedite industrialisation in Punjab: Aslam Iqbal
LAHORE: Punjab Minister for Industries and Trade Mian Aslam Iqbal has said that a result-oriented strategy has been devised to...
KISMA’s viewpoint on tax-related issues to be incorporated in KCCI’s Budget Proposals 2021-22
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) M. Shariq Vohra has assured members of KISMA delegation that the...
Gold prices fall in local market
KARACHI: Gold prices on Thursday fell in the domestic market as the price per tola registered a decline of Rs900,...
Textile exports increase 8.23pc to $8.765b in 7 months; 10.79pc in January
ISLAMABAD: The exports of textile commodities witnessed an increase of 8.23 percent during the first seven months of the current...
NAB decides to probe ‘wrongdoing’ in altered contracts with IPPs
ISLAMABAD: The National Accountability Bureau (NAB) has decided to investigate if there was any “wrong doing” at the conversion of...
Mobile phone imports jump 41.13pc in Jan
ISLAMABAD: Pakistan’s exports totaled over Rs343 billion during January 2021 as against Rs378 billion in December, 2020, showing a decrease...
Tractor production grew by 39.39pc in 1H of FY 2020-21
ISLAMABAD: Tractors assembling in the country during first half of current financial year witnessed about 39.39 percent growth as compared...
People should use CNICs for heavy amount transactions: Dr. Waqar Masood
ISLAMABAD: Special Assistant to Prime Minister on Revenue Dr. Waqar Masood urged people to use their Computerized National Identity Cards...
Govt decides to abolish corporate income tax exemptions to address IMF concerns
ISLAMABAD: The federal government has planned to abolish corporate income tax (CIT) exemptions either via a presidential ordinance or by...
Finance ministry issues clarification regarding surplus balance
ISLAMABAD: Ministry of Finance has issued clarification regarding an article appearing in a section of press, it is stated that...
Collector AIIA Azmat Tahira transfers inspectors, sepoys
LAHORE: Collectorate of Customs Allama Iqbal International Airport (AIIA) Azmat Tahira has issued order for transfers and postings of following...
FBR directs shipping vessels to install online tracking devices for real time tracking of vessels
MULTAN: The Federal Board of Revenue (FBR) has directed the shipping vessels, engaged in the transportation of coastal goods from...
M/s Sultan Enterprises moves SHC challenging SCN and order-in-original
KARACHI:M/s Sultan Enterprises has approached the Sindh High Court (SHC) and filed a constitutional petition challenging show cause notice and...
I&I-FBR submits FIR against M/s Chief Enterprises causing huge loss to govt exchequer
KARACHI: The Customs Court directed investigation officer of Intelligence & Investigation-FBR to complete investigation and submit progress report against Mansoor...
