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
Pakistan embarked upon sustainable, inclusive growth: MoF
ISLAMABAD: Pakistan is embarked upon a sustainable and inclusive growth and all the economic indicators and recent developments signify the...
FBR announces rules to implement new tax regime for imported goods
ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday notified rules to implement new taxation regime on import of goods, which...
FBR issues procedure for over-ruling objections on refund claims
ISLAMABAD: Federal Board of Revenue (FBR) issued procedure for over-ruling objections raised by Fully Automated Sales Tax e-Refund (FASTER) in...
FBR updates WHT rates on registration, transfer of motor vehicles
ISLAMABAD: Federal Board of Revenue (FBR) has updated withholding tax rates on registration and transfer of motor vehicles for tax...
FBR transfers 5 PCS officers of BS-18-20 with immediate effect
ISLAMABAD: Federal Board of Revenue (FBR) has issued notification for transfers and postings of following officers of Pakistan Customs Service...
Customs collects less revenue in 3rd & 4th quarter of FY2019-20 due to Covid-19 : Collector Seema Bokhari
ISLAMABAD: Collectorate of Customs Collector Seema Raza Bokhari has said that the Collectorate is excepting revenue from telecommunication companies due...
FBR streamlines withholding sales tax regime
ISLAMABAD: Federal Board of Revenue (FBR) has streamlined sales tax withholding regime for compelling sales tax return filing and realizing...
FY20 sees fiscal deficit at 8.1pc of GDP
ISLAMABAD: Pakistan’s fiscal deficit came in at 8.1 per cent of GDP in 2019-20 amounting to Rs3376 billion. The data...
Moody’s confirms ratings of five Pakistani banks as stable
ISLAMABAD: Moody’s Investors Service confirmed the B3 long-term local-currency and Caa1 foreign-currency deposit ratings of five Pakistani banks. The banks...
ECC okays amendments to Import Policy Order 2016 to strengthen trade of meat products
ISLAMABAD: Economic Coordination Committee (ECC) of the Cabinet has given principled go-ahead to the payment of all liabilities and responsibilities...
FBR initiates action against irregularity, corruption & inefficiency
ISLAMABAD: The Federal Board of Revenue (FBR) has decided to take action against irregularity, corruption and inefficient elements present in...
Hafeez Shaikh directs FBR to expedite tax refund process
ISLAMABAD: Adviser to Prime Minister on Finance Abdul Hafeez Shaikh chaired a meeting on tax refund payments at the Federal...
NA body approves amendments to money laundering law amid strong opposition
ISLAMABAD: The National Assembly Standing Committee on Finance, Revenue, and Economic Affairs approved the 2nd amendment in AML Bill 2020,...
Country’s trade deficit shrinks 22.64pc in July
ISLAMABAD: The country’s trade deficit registered a 22.64 per cent decline in July – the first month of current fiscal...
SECP starts consultative process to revamp NBFC regime
ISLAMABAD: The Securities and Exchange Commission of Pakistan has issued a draft of amendments in the Non-Banking Finance Companies (Establishment...
FBR transfers 38 PCS officers of BS-18-19 with immediate effect
ISLAMABAD: Federal Board of Revenue (FBR) has issued order for transfers/postings of the following officers of Pakistan Customs Service (BS-18-19)...
Non-ATL to pay 0.6pc WHT on cash withdrawal: FBR
ISLAMABAD: Federal Board of Revenue (FBR) has said that 0.6 percent withholding tax shall be collected on cash withdrawal of...
CNIC condition on sales up to Rs100,000 relaxed to facilitate retailers: FBR
ISLAMABAD: Federal Board of Revenue (FBR) has said that the retailers are not required to maintain information of Computerized National...
FBR updates WHT rates on prizes, winnings
ISLAMABAD: Federal Board of Revenue (FBR) has updated withholding tax rate on prizes and winnings for tax year 2021. The...
PSO starts importing Euro-V petrol
ISLAMABAD: Pakistan State Oil (PSO) has become the first oil marketing company to import Euro-V petrol in Pakistan. According to...
