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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
Shipping activity at Port Qasim on February 11
KARACHI: Three ships namely, Glen Canyon, Al-Salam- II and TSM Pollux carrying Containers, Gas oil and Palm oil were arranged...
FBR announces rules for direct transfer of income tax refund payments
ISLAMABAD: Federal Board of Revenue (FBR) introduced rules for making payment of income tax refunds directly to taxpayers’ bank account....
Mis-declaration: Customs Court seeks progress report against M/s Moon Star International, M/s Roshan Star Traders & others
KARACHI: The Customs Court directed investigation officer to complete investigation and submit progress report against owners/ directors/partners of M/s Moon...
M/s Pakistan Leakless Industries moves SHC challenging SRO 670(I)/2019
KARACHI: A division bench of the Sindh High Court (SHC) directed customs officials to file their respective para wise comments...
SBP modernizes foreign exchange regulations to facilitate start-ups, Fintechs and Exports
ISLAMABAD: State Bank of Pakistan (SBP) has notified revisions in the Foreign Exchange Manual to facilitate Start-ups, Fintechs and Exports....
Govt waives income tax on debt profit made via Roshan Digital Accounts
ISLAMABAD: The government has waived income tax on profit earned by overseas Pakistanis from the investment they make in the...
Govt imposes WHT on motor vehicle sale to discourage ‘on money’
ISLAMABAD: The federal government has approved an additional withholding tax on motor vehicles sold within 90 days of delivery in...
NAB executive board approves new corruption references
ISLAMABAD: National Accountability Bureau’s (NAB) Executive Board Meeting held at NAB headquarters on Wednesday with Justice Javed Iqbal, Chairman NAB...
NEPRA notifies Rs1.53 per unit increase in power tariff
ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has notified Rs1.53 per unit increase in power tariff under the fuel adjustment...
USD being sold at Rs159.8 at opening of trading on Feb 10
KARACHI: The buying rate of the US dollar was Rs159, while its selling rate was Rs159.8 at the opening of...
Gas restoration starts in SITE area on directives of SAPM Nadeem Babar
KARACHI: Abdul Hadi, President SITE Association of Industry, has thanked the Special Assistant to the Prime Minister on Petroleum Nadeem...
Asian markets push higher as traders focus on recovery outlook
HONG KONG: Most Asian markets advanced again Wednesday as investors ignored a stall in Wall Street’s rally, with eyes firmly...
Dawood assures industrialists import of cotton and yarn from Wagah Border
LAHORE: Abdul Razzaq Dawood Advisor for Commerce and Textiles and Investment assured the industrialists in a zoom meeting to release...
MCB Bank announces 21pc rise in annual profit amid unprecedented growth
KARACHI: MCB Bank on Wednesday declared over 21 percent increase in net profit for the year ended December 31, 2020,...
FBR warns against issuing manual tax notices
ISLAMABAD: Federal Board of Revenue (FBR) has warned tax officials of initiating disciplinary proceedings for issuing manual tax notices, including...
Business community wants to pay duty and taxes: FPCCI chief Nasir Hayat Magoon
LAHORE: Federation of Pakistan Chamber of Commerce & Industry President Nasir Hayat Magoon has said that business community wants to...
SHC seeks on petition filed by M/s Fayaz Trading Impex against holding herbal items
KARACHI: The Sindh High Court (SHC) directed customs 0fficials to file their respective para wise comments on a constitutional petition...
Customs Court approves charge sheet against M/s Sas Pvt Ltd & M/s Sarhad Logistics
KARACHI: The Customs Court approved interim charge sheet against suspects namely Abdul Wahab S/o Abdul Rehman Soomro and Ali Akbar...
SBP issues clarification regarding deduction on balance inquiry
KARACHI: The State Bank of Pakistan (SBP) has clarified that no instructions were issued to banks for charging customers any...
ADB reaffirms support for energy sector reforms in Pakistan
ISLAMABAD: The Asian Development Bank (ADB) has reaffirmed its support for energy sector reforms in Pakistan. Special Assistant to Prime...
