Islamabad

Banks must upload account data to FBR Hub under FY27 Bill

Finance Bill 2026 expands FBR audit powers under sales tax law

PSW, NTC ink accord to automate Tariff System

Senate panel approves abolition of CVT on foreign assets

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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

FBR extends date of filing of income tax returns till Dec 31

ISLAMABAD: Federal Board of Revenue (FBR) extended date of filing of income tax returns/statements for tax year 2019. A circular...

Govt to raise Rs700b through Ijara Sukuk from next month

ISLAMABAD: The government is expecting to raise up to Rs700 billion next month through domestic Ijara Sukuk to support its...

KSA, UAE provided $5b financial package to Pakistan: Hammad Azhar

ISLAMABAD: Minister for Revenue Hammad Azhar on Monday said that Saudi Arabia, United Arab Emirates and Qatar have provided $5.5...

Finance ministry rejects news report regarding uplift funds ‘foregone’ by provinces

ISLAMABAD: The Ministry of Finance has described as "misleading" and "incorrect" news reports appearing recently in a section of the...

Development spending posts 27pc growth in 4 months of current FY

ISLAMABAD: The Ministry of Finance has said that the development spending during the first four months witnessed a growth of...

Smuggled medicines: Collector Seema directs to seal 5 outlets of M/s D-Watson Chemists

byTariq Derya

14/12/2019

ISLAMABAD: Collectorate of Customs Collector Seema Raza ordered Anti-Smuggling Organization to seal five outlets of renowned chemist, M/s D-Watson for...

FBR unearths another scam of illegal funds transfer into bank accounts

14/12/2019

ISLAMABAD: Federal Board of Revenue (FBR) Intelligence & Investigation (I&I) Karachi unearthed another scandal involving illegal transfer of Rs5 billion...

FBR collects Rs422m tax on foreign transactions made through debit & credit cards

ISLAMABAD: The Federal Board of Revenue (FBR) has collected Rs422 million in advance tax on foreign transactions made through credit...

Pakistan, World Bank sign loan accord worth $406m for KPEC project

ISLAMABAD: Pakistan and World Bank has signed loan agreement worth over 406 million dollars for Khyber Pass Economic Corridor project....

Pakistan, Germany sign accord for hydropower, renewable energy

ISLAMABAD: Pakistan and Germany on Friday inked financing agreement for Hydropower and Renewable Energy Phase-II worth Rs2,145.29 million. Economic Affairs...

FBR detects Rs20b illegal bank transfer, withdrawal scam in KP

ISLAMABAD: Federal Board of Revenue (FBR) has unearthed a scandal involving illegal transfer of over Rs20 billion to bank accounts...

Pakistan & China customs agree to extend cooperation