Karachi
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
Appraisement West to auction 113 old & used motor vehicles today
KARACHI: Collectorate of Customs Appraisement West has announced that auction of old and used motor vehicles will take place on...
SBP to announce monetary policy statement on April 4
KARACHI: The State Bank of Pakistan (SBP) is set to issue a monetary policy statement on April 4, 2023. The...
No action against banks yet, for opening LC’s on additional prices
KARACHI: Sate Bank of Pakistan (SBP) has not taken any action against the banks taking additional amounts for opening LC’s....
SBP-held reserves fall to less than a month’s import cover
KARACHI: As Pakistan struggles to secure external financing to pull the country out of the economic crisis, foreign exchange reserves...
Consignment of 70 cargo coaches reaches Karachi port
KARACHI: A ship carrying the third batch of 70 new cargo coaches for Pakistan Railways under contract from China has...
Banks to remain open for extended hours on 30th & 31st March
KARACHI: The State Bank of Pakistan (SBP) has announced that banks will remain open for extended hours on Thursday and...
YoY: Profit, dividend outflows plummet 88pc in 8MFY23: SBP
KARACHI: The repatriation of dollars by foreign companies in form of profits and dividends fell 88 per cent during the...
Karachi Enforcement seizes smuggled goods worth Rs163m from Bolton Market
KARACHI: Collectorate of Customs Enforcement has recovered smuggled goods worth Rs163 million after raiding Karachi's Bolton Market. Sources said the...
YoY: Pakistan’s exports to Middle East plummet 12pc in 8MFY23: SBP
KARACHI: Pakistan’s exports to the Middle East contracted 11.87 per cent on a year-on-year basis to $1.491 billion in the...
SCBPL introduces sustainable trade export LC program in Pakistan
KARACHI: The Standard Chartered Bank (Pakistan) Limited (SCBPL) has introduced Pakistan’s initial Sustainable Trade Export LC Program. In partnership with...
DG Valuation determines customs Desiccated Coconut vide VR No 1755/2023
KARACHI: Directorate-General Customs Valuation Director Fayyaz Rasool Maken has determined customs values of Desiccated Coconut under Section 225-A of the...
Customs values of LED bulbs parts & LED light parts revised vide VR No 1754/2023
KARACHI: Directorate-General Customs Valuation Director Fayyaz Rasool Maken has revised customs values of LED bulb parts and LED light [parts...
DG Valuation revises customs values of second-hand clothing, shoes used leather bags vide VR No 1753/2023
KARACHI: Directorate-General Customs Valuation Director Fayyaz Rasool Maken has issued customs values of second-hand clothing, shoes and leather bags, jackets,...
SBP abolishes cash margin requirement on imported items from March 31
KARACHI: The State Bank of Pakistan (SBP) abolished the dollar cash margin requirement on imports from March 31. Experts claimed...
Total liquid foreign reserves rise above $10b
KARACHI: The total liquid foreign reserves of Pakistan crossed US$ 10 billion mark while reserves held by the central bank...
Customs PCA detects tax evasion of Rs2.12b by 15 dyestuff importers
KARACHI: Directorate of Post Clearance Audit Customs has detected Rs2.12 billion of short-recovery of duty/taxes on the import of dyestuff...
Ramadan 2023: SBP announces bank timings
KARACHI: The State Bank of Pakistan (SBP) announced the timings for the banking sector for the holy month of Ramadan....
Under supervision of DG I&I Faiz Ahmad Gwadar Customs foils bid to smuggle hashish worth Rs245m
GWADAR: Under the dynamic leadership of Director-General Customs Intelligence and Investigation (I&I), Customs Intelligence and Investigation team in collaboration with...
Foreign direct investment posts 40pc decline in first eight months
KARACHI: The Foreign Direct Investment (FDI) in the country plunged by 40 per cent in the first eight months of...
Banks to close for four days?
KARACHI: The State Bank of Pakistan (SBP) on Tuesday announced that banks across the country would remain closed on Friday...
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