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
FBR considers gift scheme for traders filing taxes by Sept 30
ISLAMABAD: The Federal Board of Revenue (FBR) is considering a special gift scheme for traders who submit their income tax...
FBR issues withholding tax rate card for fiscal year 2026-27
ISLAMABAD: The Federal Board of Revenue (FBR) has issued a withholding income tax rate card for fiscal year 2026-27, outlining...
EU scraps automatic GSP Plus extension, Pakistan must submit action plan on 32 UN conventions from Jan 2027
ISLAMABAD: Pakistan will no longer receive an automatic extension of its GSP Plus trade status once the European Union's new...
Pakistan, Belarus vow to promote industrial collaboration
ISLAMABAD: Pakistan and Belarus have reaffirmed their commitment to promoting technology transfer and industrial collaboration, particularly through stronger cooperation between...
FBR cuts exporters’ tax rate to 1.25pc, announces Rs361b relief package
ISLAMABAD: The Federal Board of Revenue (FBR) has reduced the tax rate applicable to exporters from 2 per cent to...
Traders filing tax returns after Sept 30 may face Rs25,000 fine
ISLAMABAD: A Rs25,000 penalty has been proposed for traders who file their income tax returns after September 30 under the...
PBC chief, Aurangzeb agree to shift focus from economic stability to growth
ISLAMABAD: Pakistan Business Council (PBC) Chairman Ziad Bashir called on Finance Minister Muhammad Aurangzeb to discuss the economic outlook and...
PM orders three-year independent third-party audit of customs-bonded warehouses
ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday directed relevant authorities to conduct a comprehensive third-party audit of customs bonded warehouses...
Pakistan prepares for IMF review as $1.2b disbursement expected
ISLAMABAD: Pakistan has begun preparations for talks with the International Monetary Fund (IMF) next month, with the country expected to...
Pakistan, Russia seek to deepen economic cooperation
ISLAMABAD: Pakistan and Russia are exploring expanded trade in agricultural machinery, fertilizers, pesticides and livestock vaccines, Pakistan’s government said as...
Pakistan, Japan ink grant agreement for human resource development
ISLAMABAD: Pakistan and Japan here on Tuesday signed a landmark Grant Agreement worth JPY 350 million (US$ 2.2 million) to...
Pakistan seeks greater US investment as reciprocal trade talks advance
KARACHI: Pakistan is seeking greater investment from US companies and financial institutions as it advances negotiations with Washington on a...
PM Shehbaz directs FBR to accelerate tax reforms
ISLAMABAD: Prime Minister Shehbaz Sharif has directed the Federal Board of Revenue (FBR) to further accelerate the implementation of ongoing...
Supreme Court rejects PoS agents complaint against BISP over ID block
ISLAMABAD: The Supreme Court has ruled that a Point-of-Sale (PoS) agent cannot invoke consumer protection law to challenge the blocking...
Pakistan’s trade surplus with US reaches $2.59b in FY2025-26
ISLAMABAD: Pakistan recorded a $2.59 billion trade surplus with the United States during fiscal year 2025-26, reflecting continued strong exports...
FBR dismisses Customs inspector over prolonged unauthorised absence
ISLAMABAD: The Federal Board of Revenue (FBR) has dismissed a Customs inspector from service after disciplinary proceedings established that she...
SC ruling shields old tax cases from new financial burdens
ISLAMABAD: The Supreme Court (SC) has ruled that new penalties cannot be imposed on tax cases that were finalised in...
FBR fails to share tax data on Pakistan Tobacco Company & Philip Morris
The Federal Board of Revenue (FBR) has again failed to submit tax data on Pakistan Tobacco Company and Philip Morris...
FBR forms committees to resolve imported goods pricing issues
ISLAMABAD: The Federal Board of Revenue (FBR) has formed two committees to examine and resolve issues arising from the implementation...
FBR relaxes printing rules for low-priced confectionery products
ISLAMABAD: The Federal Board of Revenue (FBR) has issued a clarification easing the mandatory printing requirements for certain low-priced confectionery...
