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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
Tokyo stocks close higher with eyes on US election
TOKYO: Tokyo stocks closed higher Thursday, as a result in US presidential election appeared imminent. The benchmark Nikkei 225 index...
PIA to provide all possible discounts to RCCI members: CEO Arshad Malik
RAWALPINDI: Pakistan International Airlines (PIA) Chief Executive Air Marshal retired Arshad Malik paid a visit to the Rawalpindi Chamber of...
Govt asked to resolve long overdue duty, taxes issue of businessmen on priority basis
LAHORE: Traders and industrialists have urged the Federal Board of Revenue (FBR) to resolve the long standing duty and tax...
Exports facilitation schemes largely being used by textile sector: Collector Fawad Shah
KARACHI: Awareness workshop on export facilitation scheme Duty and Tax Remission for Exports (DTRE) was held at the auditorium of...
‘UAE, Saudi Arabia ready to rollover outstanding loans worth $2b each’
ISLAMABAD: Pakistan began its hectic lobbying to secure rollover of loan deposits worth $4 billion from the Kingdom of Saudi...
Mis-declaration: Customs Court seeks reply on petition filed by owner of M/s Rempex Trading
KARACHI: The Customs Court issued notices to the customs authorities, special prosecutor for customs and investigation officer on pre-arrest bail...
SHC bars customs officials from taking action against M/s ABC Traders
KARACHI: A division bench of the Sindh High Court (SHC) directed customs authorities not to take any coercive action against...
FBR imposes major penalty of “compulsory retirement” on Assistant Director Khalid Mehmood Kharal
ISLAMABAD: Federal Board of Revenue (FBR) imposed major penalty of “compulsory retirement” on Khalid Mehmood Kharal, Assistant Director (Audit) BS-17,...
Proclamation notice summoning Nusrat Shehbaz displayed outside court
LAHORE: An accountability court in Lahore has started the proclamation proceedings against Shehbaz Sharif’s wife Nusrat Shehbaz over her perpetual...
SRB notifies sales tax rates on services provided by restaurants
KARACHI: Sindh Revenue Board (SRB) has notified sales tax rates on services rendered by restaurants in the province. The SRB...
Nandipur corruption case referred to FIA
ISLAMABAD: The government on Wednesday referred the Nandipur power project corruption case to the Federal Investigation Agency (FIA). Taking to...
FBR launches new reforms & restructuring plan for stock taking of state warehouses
MULTAN: The Federal Board of Revenue (FBR)'s launched new reform and restructuring plan for stock taking and automation of state...
Razak Dawood urges industries to utilize benefits of power tariff package
ISLAMABAD: Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood on Wednesday urged export-oriented small, medium and...
Asian markets swing as US election closer than expected
HONG KONG: Asian markets were mixed Wednesday as traders tracked results of the US presidential election, with an early rally...
US dollar slides to lowest level in almost 6 months
KARACHI: The Pakistani rupee continued to strengthen against the United States (US) dollar hitting a six-month high of Rs159.65 in...
Pakistan sees 43pc decline in cotton stockpiling
ISLAMABAD: Pakistan's cotton stockpiling sharply declined by 43% to 3.45 million bales in October, raising concerns that the country would...
II&P Cell submits FIR against M/s Amna Corporation in Rs11.656m sales tax evasion case
KARACHI: The Customs Court directed investigation officer of Inland Revenue (IR) to complete investigation and submit progress report against Muhammad...
PRGMEA lauds govt’s decision to implement minimum off peak hour electricity tariff for industries
LAHORE: Pakistan Readymade Garment Manufacturing and Exporters Association (PRGMEA) regional chairman Adeeb Iqbal Sheikh has lauded the government’s decision to...
FBR updates rate of advance tax on sale & purchase of immovable properties
ISLAMABAD: Federal Board of Revenue (FBR) has updated rate of advance tax on sale and purchase of immovable properties during...
Rs56.126m sales tax refund scam: Customs court seeks progress report against M/s Hanata Trading
KARACHI: The Customs Court directed investigation officer to complete investigation and submit progress report against suspect namely Muhammad Saleem, owner...
