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 uncovers major fuel tax evasion as 8,348 metric tons of petrol go missing
ISLAMABAD: A major tax evasion scandal has surfaced in Pakistan's oil industry after thousands of metric tons of imported petrol...
New Finance Act rule forces businesses to get FBR-verified invoice numbers
ISLAMABAD: The Federal Board of Revenue (FBR) will require taxpayers to issue a verifiable and unique invoice number for every...
Petrol price in Pakistan includes Rs108.67 in taxes and margins
ISLAMABAD: Global crude oil and energy prices continue to face upward pressure amid tensions between the United States and Iran,...
FBR issues instructions for promotions to higher ranks
ISLAMABAD: The Federal Board of Revenue (FBR) has issued instructions regarding promotions of officers of Inland Revenue Service (IRS) and...
Finance minister says drug pricing should ensure access to essential medicines
ISLAMABAD: Finance Minister Muhammad Aurangzeb on Friday said drug pricing decisions should ensure patients' access to essential medicines while balancing...
Govt cuts development loan mark-up rate to 11.89pc for FY26
ISLAMABAD: The federal government has significantly reduced the mark-up rate on development loans and advances for fiscal year 2025-26 to...
FBR to suspend online tax services for scheduled maintenance from Aug 8
ISLAMABAD: The Federal Board of Revenue (FBR) on Friday announced that its key online tax services will remain temporarily unavailable...
FinMin Aurangzeb, EXIM Bank chief agree on framework for priority plans
ISLAMABAD: Finance and Revenue Senator Muhammad Aurangzeb has met with President and Chairman of the US EXIM Bank John Jovanovic...
FBR urges taxpayers to file accurate income tax returns from July 27
ISLAMABAD: The Federal Board of Revenue (FBR) has announced that the filing of income tax returns for Tax Year 2026...
Pakistan dollar bonds fall after new US trade tariffs
NEW YORK: Pakistan’s international dollar-denominated bonds came under pressure on Friday after US President Donald Trump announced new tariffs on...
FM Aurangzeb reviews macroeconomic performance with IMF officials
ISLAMABAD: Finance Minister Muhammad Aurangzeb met senior International Monetary Fund (IMF) officials in Washington on Thursday to review Pakistan’s macroeconomic...
Pakistan launches first mobile app to digitise cross-border trade
ISLAMABAD: The Pakistan Single Window (PSW), an organisation under the Federal Board of Revenue (FBR), has launched a mobile application...
ADB reaffirms support for Pakistan’s ML-1 railway project as Dar seeks faster progress
ISLAMABAD: The Asian Development Bank (ADB) has reaffirmed its commitment to supporting Pakistan’s Main Line-1 (ML-1) railway project, with Deputy...
AI, robotics to drive Pakistan’s future economy: minister
ISLAMABAD: Federal Minister for Information Technology and Telecommunication Shaza Fatima Khawaja on Wednesday said that Pakistan will own the full...
Pakistan, Iran discuss trade, economic cooperation and connectivity
ISLAMABAD: Iran's Deputy Minister of Transport Mehran Ghorbani and Deputy Minister of Interior for Economic Affairs Mehdi Dousti met Minister...
Pakistan ‘seeks’ $10b in US backstop facility to boost reserves
WASHINGTON DC: Pakistan has asked the United States for a $10 billion exchange stabilisation facility, according to a source briefed...
S&P lifts Pakistan’s credit rating to ‘B’ on institutional stability, IMF reform progress
ISLAMABAD: Credit ratings agency S&P Global raised Pakistan's long-term sovereign credit rating to "B" from "B-" on Wednesday, citing stronger...
FBR forms independent committees to scrutinize tax appeals before higher courts
ISLAMABAD: The Federal Board of Revenue (FBR) has proposed Independent Case Scrutiny Committees to prevent the tax department from pursuing...
FBR revises FED rates on domestic & international air travel
ISLAMABAD: The Federal Board of Revenue (FBR) has revised the Federal Excise Duty (FED) rates on domestic and international air...
FBR imposes excise duty on e-liquids used in vapes & e-cigarettes
ISLAMABAD: The Federal Board of Revenue (FBR) has for the first time brought e-liquids used in vapes and electronic cigarettes...
