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
Gold price rises Rs2,000 per tola in Pakistan
KARACHI: The price of gold per tola has risen Rs2,000, the All Sindh Sarafa and Jewellers Association (ASSJA) said Wednesday....
SBP receives $1b from World Bank, ADB in fight against COVID-19
KARACHI: The State Bank of Pakistan (SBP) has received $1billion — $500 million each from World Bank (WB) and Asian...
Current account deficit shrinks by 74pc in 11 months
KARACHI: Current account deficit has declined by 74 percent during first eleven months of current fiscal year owing to...
PCA Karachi serves 283 Contravention Reports on IT importers for Rs1.35b evasion
KARACHI: Directorate of Post Clearance Audit (PCA) served 283 Contravention Reports (CRs) on 14 importers of information technology (IT) and...
Padani Customs Station to start operations soon: Waheed Marwat
QUETTA: Collectorate of Customs Appraisement Collector Abdul Waheed Marwat has said that Pakistan Customs is all set to start...
Senate endorses 40-year tax holiday for Gwadar Port and free zone
ISLAMABAD: A Senate panel on Tuesday endorsed 40-year tax holiday for Gwadar Port and its free zone after the government showed...
More than 50 Murder FIRs against DP World, Sultan Sulayem, Junaid Zamir, 65 officials and Maersk Soren Skou, Aruna, 51 officials demanded
KARACHI: Traders demanded lodging of more than 50 murder FIRs against DP World chairman Sultan Sulayem, benaami owner Habibullah Khan,...
Customs Court fixes case for framing charge against M/s Malik Brothers Logistics
KARACHI: The Customs Taxation & Anti-Smuggling Court supplied copy to counsel for suspect and directed parties to come on next...
SECP extends date for AMCs to comply with investor’s suitability assessment up to July 24
ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has extended date for Asset Management Companies (AMCs) to comply with mandatory...
Customs Court directs to arrest suspects involved in Sweet Supari smuggling
KARACHI: The Customs Court directed investigation officer of customs department to arrest all absconding culprits and produce them before the...
NAB okays investigations against former lawmakers
ISLAMABAD: The Executive Board Meeting (EBM) of National Accountability Bureau (NAB) was held on Tuesday at NAB headquarters. Chairman Justice...
Peshawar I&I impounds narcotics worth Rs50m
PESHAWAR: Directorate of Customs Intelligence and Investigation (I&I) has seized 20 kilogram of fine quality heroin powder, which was being...
Multan Customs earns Rs48.32m through auction of vehicles & goods
MULTAN: Collectorate of Customs Enforcement & Compliance (E&C) earned Rs48.32 million from auction of confiscated goods and vehicles. According to...
German Deutsche Investitions shows interest to acquire 20pc stake in TPL Insurance
KARACHI: A Germany based development finance institution has shown interest to acquire 20 percent stake in TPL Insurance Limited,...
USD gains 57 paisa against rupee in interbank
KARACHI: The exchange rate of US Dollar strengthened by 0.8 percent or 57 paisa in the interbank on Tuesday against...
PSX urges govt to reduce rate of Capital Gains Tax
KARACHI: Pakistan Stock Exchange (PSX) has urged the government to rationalize the Capital Gains Tax (CGT) structure in line with...
Customs ASO seizes 28kg hashish near Motorway Toll Plaza
ISLAMABAD: Collecorate of Customs Anti-Smuggling Organization (ASO) seized 28 kilogram of chars and arrested two drug traffickers who belonged to...
FBR exempts duty, taxes on import of antiviral drugs for prevention of Covid-19
ISLAMABAD: Federal Board of Revenue (FBR) exempted duty and taxes on import of antiviral drugs for prevention of coronavirus. The...
FBR starts audit of 72 sugar mills on inquiry commission’s report
KARACHI: The Federal Board of Revenue (FBR) has started an audit of 72 sugar mills on the recommendations of the...
Overseas Chamber of Commerce concerned over tax rates on import of raw materials
ISLAMABAD: Foreign investors have raised concerns over the proposed tax rates on import of raw materials. Overseas Chamber of Commerce...
