Islamabad

Govt raises petroleum levy; taxes hike petrol, diesel prices

09/05/2026

Experts urge expansion of Third Schedule in sales tax regime

09/05/2026

Pakistan to issue $250m Panda bonds within 10 days as China grants approval

09/05/2026

IMF approves $1.2bn loan tranche for Pakistan

08/05/2026

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Islamabad

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

PM Shehbaz expands economic uplift team with eight new experts

ISLAMABAD: Prime Minister Shehbaz Sharif has added eight more economic experts, including professors from Oxford and Cambridge, to the ‘Home-grown...

Pakistan trade deficit to increase by over $4.16b in 2024-25: IMF

ISLAMABAD: The International Monetary Fund (IMF) has predicted an increase in Pakistan’s trade deficit during the next fiscal year, sources...

Cigarette prices may be hiked as a proposal to increase FED is under consideration

ISLAMABAD: A proposal is being considered to increase the cigarette prices by increasing federal excise duty (FED) amid the suggestions...

Pakistan, Cambodia sign MoU on trade, investment promotion

BEIJING: Pakistan and Cambodia signed a Memorandum of Understanding (MoU) on the establishment of a joint trade committee. The deal...

Gemstone exporters criticize Islamabad airport customs staff for irresponsible behavior

ISLAMABAD: The All Pakistan Commercial Exporter Association has complained to the Collector customs about the irresponsible attitude of the deputy...

Pakistan Customs achieves progress in World Bank-funded project

ISLAMABAD: Pakistan Customs has successfully completed business process mapping of its core functions during the first five months of the...

Over 94,000 income tax refund cases still pending with FBR

ISLAMABAD: A total of 93,874 income tax refund applications are not processed by 25 Federal Board of Revenue (FBR) field...

ECC approves Rs4272 million TSGs

ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet approved Technical Supplementary Grants (TSGs) of Rs4,272.422 million for various divisions...

US envoy lauds Pakistani govt’s efforts to improve macroeconomic indicators

ISLAMABAD: The Ambassador of the United States of America to Pakistan, Donald Blome called on Federal Minister for Finance &...

FBR to ‘expand’ Track & Trace System in budget 2024-25

27/05/2024

ISLAMABAD: The Federal Board of Revenue (FBR) is likely to expand the scope of the Track and Trace system in...

18,371 retailers register under FBR’s Tajir Dost Scheme by May 25

27/05/2024

ISLAMABAD: Federal Board of Revenue (FBR) informed that a total of 18,371 retailers have been registered under the Tajir Dost...

FBR earns Rs87b income tax from bank depositors

27/05/2024

ISLAMABAD: The Federal Board of Revenue (FBR) has earned Rs87 billion in income tax from bank depositors during the first...

PM Shehbaz invites Chinese firm to invest in mining sector

ISLAMABAD: Prime Minister Shehbaz Sharif has invited Chinese firm MCC Tongsin Resources to make investment in the mining sector of...

Pakistan's Prime Minister Shehbaz Sharif, addresses the 23rd Shanghai Cooperation Organization (SCO) Summit, hosted virtually by India, in Islamabad, Pakistan July 4, 2023. Press Information Department (PID)/Handout via REUTERS

PM Shehbaz ‘rejects’ FBR’s tax proposals for Budget 2024

ISLAMABAD: Prime Minister Shehbaz Sharif on Saturday rejected two major tax proposals of the Federal Board of Revenue (FBR) for...

Islamabad: May 24, 2024: In a significant step towards enhancing economic relations, the Republic of Koreas Ambassador to Pakistan, H.E. Park Kijun, calls on the Pakistans Federal Minister for Commerce, Jam Kamal Khan, to discuss and strategize on boosting bilateral trade and investment.

Jam Kamal invites Korean companies to invest in Pakistan

ISLAMABAD: The Republic of Korea’s Ambassador to Pakistan, Park Kijun called on Federal Minister for Commerce, Jam Kamal Khan and...

Over 17,000 traders register under FBR’s Tajir Dost Scheme

ISLAMABAD: Federal Board of Revenue (FBR) informed that a total of 17,384 traders have been registered under the Tajir Dost...

Chairman FBR inaugurates new building of RTO Islamabad

ISLAMABAD: Chairman Federal Board of Revenue (FBR) Malik Amjed Zubair Tiwana on Thursday inaugurated the new building of Regional Tax...

UAE president commits to invest $10b in Pakistan

ABU DHABI: President of the United Arab Emirates Sheikh Mohamed bin Zayed Al Nahyan has expressed the commitment to invest...

Federal Minister for Finance & Revenue Senator Muhammad Aurangzeb presiding over a meeting of Economic Coordination Committee (ECC) in Islamabad on 23rd May, 2024.

ECC approves $8m for Roosevelt Hotel

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved $8 million to pay severance packages and operational expenses of...

Federal Minister for Finance & Revenue, Muhammad Aurangzeb in a meeting with the Representatives from Toyota Motor Corporation (TMC) and Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) in Islamabad on 23rd May, 2024.

Aurangzeb reiterates govt’s commitment to support auto industry