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
Govt decides to rationalize duty, tariff structure for 30,000 raw materials, intermediary goods
ISLAMABAD: The government has decided to rationalise duty, tariff structure for over 30,000 raw materials and intermediary goods for boosting...
IMF eases tax collection target of Pakistan
ISLAMABAD: The International Monetary Fund (IMF) has shown agreement to relax tax collection target set up to Rs4,950 billion to...
Punjab to present over Rs2.4tr budget on June 15
LAHORE: Punjab is likely to present over Rs2.4 trillion budget for the fiscal year 2020-21 on June 15 with an...
Federal Cabinet approves budget 2020-21
ISLAMABAD: The Federal Cabinet on Friday formally approved federal budget for the fiscal year 2020-21 which will now be presented...
Rs400b cases against Maersk CEO Soren, MD Aruna, DP World chairman Sultan Sulayem, CEO Junaid: President urged to intervene
KARACHI: Maersk Shipping Line’s CEO Søren Skou, Maersk Pakistan (Pvt) Ltd MD Aruna Hussain, DP World / QICT Chairman Sultan...
Govt slaps six oil marketing companies with Rs40m fine for fuel crisis
KARACHI: The government fined six oil marketing companies (OMCs) with Rs40 million in fines for their non-compliance with storage requirements,...
Budget 2020-21: Govt to present over Rs8tr budget today
ISLAMABAD: The PTI government will present its second annual budget 2020-21 with the major thrust to manage the ongoing COVID-19...
Budget 2020-21: Federal cabinet decides against raising salary, pension
ISLAMABAD: While approving the budget for next fiscal year amid coronavirus crisis, the federal cabinet has decided not to raise...
Aviation sector to receive Rs1.32b under PSDP 2020-21
ISLAMABAD: The government on Friday earmarked Rs1.32 billion to execute 15 aviation sector projects under the Public Sector Development Programme...
FBR grants income tax exemptions worth Rs378b during last FY
ISLAMABAD: Despite massive shortfall in revenue collection the Federal Board of Revenue (FBR) granted Rs378 billion as income tax exemption...
Rs 80m allocated for BOI in PSDP 2020-21
ISLAMABAD: The government has allocated Rs80 million in Public Sector Development Programme (PSDP) 2020-21 for one on- going scheme of...
SBP reserves fall by $266m
KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $266 million to $10.9 billion during...
Call to reduce customs duty, income tax on local gas from 4pc to 2pc
LAHORE: The government should bring down income tax on local gas from 4pc to 2pc; reduce general sales tax from...
Customs duty collection down 23pc in May
LAHORE: The collection of customs duty posted 23 percent decline in May 2020 due to lockdown and long holidays on...
KPT shipping intelligence report June 11
KARACHI: The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on...
Kohat ASO seizes smuggled crushed betel nuts worth Rs44m
KOHAT: Deputy Collector Customs station Kohat Mehmood Khayal has said that that anti-smuggling squad seized smuggled crushed betel nuts Concealed...
PSX gains 64 points amid selling pressure
KARACHI: The equity market gained 64 points on Thursday amid selling pressure was seen in energy scrips. The benchmark KSE-100...
CM Usman Buzdar orders to maintain stability in roti, naan prices
LAHORE: Punjab Chief Minister Sardar Usman Buzdar has on Thursday taken notice of hike in roti and naan prices and...
Pakistan’s economy contracted 0.38pc in FY2020 as coronavirus wreaked havoc: Economic Survey
ISLAMABAD: Advisor to the Prime Minister on Finance Abdul Hafeez Shaikh presented the Pakistan Economic Survey 2019-20 on Thursday, highlighting...
ICCI slams shipping companies for not implementing govt directions regarding detention & demurrage charges
ISLAMABAD: President of Islamabad Chamber of Commerce and Industry (ICCI) Muhammad Ahmad has said that all detention and demurrage charges...
