Karachi

FBR revises customs values for imported smartwatches & wearables vide VR No.2076/2026

Pakistan to build Energy City, multipurpose terminal at Port Qasim

Pakistan Single Window, TDAP sign MoU to boost Pakistan’s digital trade ecosystem

Foreign exchange reserves rising weekly, external debt steady at $100bn: SBP governor

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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

Fears of ‘exchange losses’ led to petrol crisis in Pakistan

13/02/2023

KARACHI: Pakistan is witnessing a petrol crisis as only four major oil marketing companies (OMCs), out of 50, hold 90%...

K-Electric files generation tariff petition for its power plants

13/02/2023

KARACHI: K-Electric has filed tariff petition for its power generation plants with the National Electric Power Regulatory Authority (NEPRA) for...

SBP-held forex reserves fall below $3 billion

10/02/2023

KARACHI: The State Bank of Pakistan (SBP)-held foreign exchange reserves fell below $3 billion to a nine-year low as the...

Appraisement South transfers Principal Appraiser, AOs, inspectors, UDC, LDC

09/02/2023

KARACHI: Collectorate of Customs Appraisement has issued office order for transfers and posting of following appraising officers are hereby made...

Don’t blame customers in incidents of frauds and scams, SBP official tells banks

09/02/2023

KARACHI: State Bank of Pakistan (SBP) Director Payment Systems Department Sohail Javaad took a dig at commercial banks on Wednesday...

Karachi Enforcement foils bid to smuggle heroin worth Rs230m

08/02/2023

KARACHI: Under the supervision of Chief Collector Yaqoob Makoo, Collectorate of Customs Exports along with Collectorate of Customs Enforcement &...

Millions of dollars being smuggled to Afghanistan from Pakistan: Bloomberg

08/02/2023

KARACHI: Millions of dollars are being smuggled into Afghanistan from Pakistan every day, providing some support for the squeezed economy...

SBP asked to help resolve issue of LCs

07/02/2023

KARACHI: The steel industry of Pakistan, facing a severe crisis, has made an urgent appeal to the State Bank of...

FTO directs FBR to revisit its order of imposing tax sans information

06/02/2023

KARACHI: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to revisit its order of imposing...

YoY: Pakistan’s trade deficit contracts 31.9pc in seven months

04/02/2023

KARACHI: Pakistan’s trade deficit shrank by 31.97 per cent to $19.632 billion during the first seven months (July-January) of the...

Customs IPRE registers 8 cases of IPR violation since Sept 2022

KARACHI: Directorate of Intellectual Property Rights Enforcement (IPRE) of Pakistan Customs has registered e eight cases of IPR violation since...

Pakistan may face shortage of x-ray films, warns importer

KARACHI: A healthcare crisis may take ground in Pakistan as commercial banks are unable to open the letters of credit...

Pakistan’s total liquid foreign reserves reach $ 8.74 billion

KARACHI: Pakistan’s total liquid foreign reserves stood at US$ $ 8,741.7 million in the week ending on January 27, 2023....

DG Valuation revises Customs values of various unbranded dyes

KARACHI: Directorate General Customs Valuation (DGCV) has revised the Customs values of various types of unbranded dyes. According to the...

SBP issues mechanism for quota-based sugar export

02/02/2023

KARACHI: The State Bank of Pakistan (SBP) has issued instructions to the Authorised Dealers (ADs) for export of approved quantity...

Customs Values of Whey Powder & Permeate Whey Powder revised vide VR No 1740/2023

KARACHI: Directorate-General Customs Valuation has issued customs values of Whey Powder and permeate Why Powder under Section 25-A of the...

DG Valuation revises customs values Food Supplements vide VR 1739/2023

KARACHI: Directorate-General Valuation Director Fayyaz Rasool Maken has issued customs values of Food Supplements (drinking powder Milo, Nesquick, Bournvita, Complan,...

Customs Values of Hydroxy Propyl Methyl Cellulose (construction grade) revised vide VR No 1738/2023

KARACHI: Directorate-General Customs Valuation Fayyaz Rasool Maken has revised customs values of Hydroxy Propyl Methyl Cellulose (construction grade) under Section...

DG Valuation determines customs values of Silicon Sealants vide VR No 1737/2023

KARACHI: Directorate-General Customs Valuation Director Fayyaz Rasool Maken has determined customs values of Silicon Sealants under Section 25-A of the...

Customs PMBQ releases 4 stranded soybean containers