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
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...
Pakistan, Russia expected to seal crude import deal today
KARACHI: A delegation from Russia is scheduled to meet with Pakistan State Oil (PSO) in Karachi to finalise a government-to-government...
Banks to remain closed on March 23
KARACHI: All commercial banks as well as the State Bank of Pakistan (SBP) will remain closed for public dealing on...
Pakistan’s current account deficit hits two-year low
KARACHI: Pakistan's current account deficit (CAD) hit a two-year low of $74 million in a month, narrowly failing to turn...
SVB collapse: ‘No threat to Pakistan’s financial system from global banking crisis’
KARACHI: The failure of three American banks has no relevance or impact on the lenders doing business in Pakistan as...
SBP likely to hike interest rates by 100bps in next policy review
KARACHI: The State Bank of Pakistan (SBP) is expected to jack up the interest rates further in the upcoming policy...
Loss-making state entities borrowed Rs142.3b in FY23: SBP
KARACHI: Loss-making public sector enterprises (PSEs) have borrowed a record Rs142.3 billion from banks in the ongoing fiscal year so...
First cargo of Russian crude to arrive in Pakistan in April: Musadiq
KARACHI: State Minister for Petroleum Dr Musadik Malik has said Pakistan will receive first cargo of crude oil from Russia...
SBP issues Rs50 commemorative coin on golden jubilee of Senate
KARACHI: The State Bank of Pakistan, issued a commemorative coin of Rs. 50 to mark the golden jubilee of Senate,...
SBP-held reserves tick up by $18m
KARACHI: Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) rose to $4,319 million in the week...
Al-Rajhi Bank of Saudi Arabia opening LCs for Pakistan’s crude import
KARACHI: Al-Rajhi Bank of Saudi Arabia is the only foreign bank presently confirming letters of credit (LCs) for Pakistani crude...
Karachi Port Trust seeks tariff revision to meet expenditure
KARACHI: The Karachi Port Trust (KPT) has sought revision in its tariff to meet the expenditure and capital investment in...
SRB extends date for sales tax return, payment
KARACHI: Sindh Revenue Board (SRB) extended date for filing monthly return and sales tax payment. The SRB issued Circular No....
Pakistan spends 2.1pc of GDP on infrastructure: SBP Governor Jameel Ahmed
KARACHI: State Bank of Pakistan (SBP) governor Jameel Ahmed Khan said Islamabad spends only 2.1pc of its total Gross Domestic...
