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
FBR introduces single page return form for traders, shopkeepers
ISLAMABAD: Federal Board of Revenue (FBR) introduced final draft of single-page income tax return for shopkeepers /small traders having annual...
FDI increases by 40pc in first two months of FY21
KARACHI: The State Bank of Pakistan’s (SBP) data showed that Foreign direct investment (FDI) in Pakistan has increased by 40%...
Govt urged to refund demurrage & detention charges to Pakistani importers
LAHORE: The government should refund demurrage & detention charges to Pakistani importers which they paid to get their goods and...
Pakistan gets stay over $6bn fine in Reko Diq case
ISLAMABAD: The World Bank’s International Centre for Settlement of Investment Disputes (ICSID) on Thursday granted a stay on enforcement of...
FBR imposes major penalty of ‘compulsory retirement’ on lady tax officer
LAHORE: Federal Board of Revenue (FBR) imposed major penalty of ‘compulsory retirement’ upon a lady tax officer on the charges...
SHC directs customs officials to act as per law on petition filed by M/s Ayan Crop Sciences, M/s Ras Int’l
KARACHI: The Sindh High Court (SHC) directed customs officials to act strictly as per law on a constitutional petition filed...
Customs Court issues NBWs against suspects in contraband goods smuggling case
KARACHI: The Customs Court issued non-bail able warrants against absconding suspects namely Riaz and Abdul Waheed son of Ghulam Haider...
DG valuation revises customs values of ice cream vide VR No 1474/2020
KARACHI: Directorate-General of Customs Valuation Director Shafiq Ahmad Latki has issued customs values of ice cream under section 25-A of...
SBP’s reserves rise $13m to $12.8b
KARACHI: The State Bank of Pakistan’s (SBP) net reserves increased by $13 million to $12.82 billion during the week ending...
Pak Rupee gains 13 paisas against US dollar
KARACHI: The US dollar fell by Rs 0.13 in interbank during the fourth trading day of this week. The value...
Pak-UK trade volume to reach £3b: UK envoy Christian Turner
ISLAMABAD: British High Commissioner to Pakistan Christian Turner said the United Kingdom (UK) has increased the trade volume with Pakistan...
Missing persons’ families praise commission chief Justice Javed Iqbal
LAHORE: Justice Javed Iqbal, Chairman, Commission of Inquiry on Enforced Disappearances during his two days visit to Lahore presided over...
KPT shipping intelligence report Sep 17
KARACHI: The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on...
FBR balloting on Friday to select 0.76pc cases for audit
ISLAMABAD: Following the Audit Policy-2019, the Federal Board of Revenue (FBR) will hold parametric computer balloting here on Friday (September...
LHC imposes ban on use of polythene bags across Punjab
LAHORE: The Lahore High Court (LHC) on Thursday banned use of polythene bags in the province. LHC Judge, Justice Shahid...
Quetta Preventive impounds 9 NDP luxury vehicles near Lakpas check post
QUETTA: Collectorate of Customs Preventive expedited its efforts against non-customs paid vehicles, and impounded nine luxury vehicles worth millions of...
Customs ASO foil bids to smuggle betel nuts to Karachi from Okara, Lahore
KARACHI: Collectorate of Customs Preventive, Anti-Smuggling Organization (ASO) foiled an attempt to smuggle 16.13 tons of smuggled betel nuts to...
Asia stocks slip as Fed warns of ‘uncertain’ outlook
HONG KONG: Asian markets mostly dropped Thursday following a broadly negative lead from Wall Street after the head of the...
IHC declares appointment of PTV chairman illegal
ISLAMABAD: The Islamabad High Court (IHC) has on Thursday declared the appointment of PTV Chairman Arshad Khan illegal. IHC’s Justice...
FBR updates Tax Asaan app for salary return filing
ISLAMABAD: Federal Board of Revenue (FBR) updated Tax Asaan, a mobile phone application, for filing of income tax return by...
