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
Pakistan’s foreign reserves drop $15m — lowest since Jan 2019
KARACHI: Pakistan's foreign exchange reserves held by the State Bank of Pakistan (SBP) plunged to $6.7 billion, official data showed...
SBP designates domestic systemically important banks
KARACHI: The State Bank of Pakistan (SBP) announced the designation of Domestic Systemically Important Banks (D-SIBs) for the year 2022...
Workers’ remittances decline by 14pc in November: SBP
KARACHI: Remittances sent home by overseas Pakistani workers continued to decline, as they hit a record low of $2.108 billion...
Old design large-size banknotes cannot be exchanged after Dec 31: SBP
ISLAMABAD: The State Bank of Pakistan (SBP) informed the public that old design large size banknotes could not be exchanged...
Meezan Bank wins ‘Best Consumer Bank’ award
ISLAMABAD: Meezan Bank, Pakistan’s leading Islamic bank, has been declared the ‘Best Consumer Bank’ at the 7th edition of the...
Chairman FBR directed CCIRS to effectively pursue pending revenue cases
ISLAMABAD: Chairman Federal Board of Revenue (FBR) Asim Ahmad directed all the Chief Commissioners Inland Revenue (CCIRs) to effectively pursue...
DG Valuation revises customs values of artificial leather suitcases
KARACI: The Directorate General Customs Valuation has revised customs values on the import of unbranded and low-end brands suitcases of...
SAPM calls for efficient resource utilisation for enhancing exports
KARACHI: Special Assistant to the Prime Minister on Industries and Production Tasneem Ahmed Qureshi on Friday stressed on maximum utilisation...
Sales tax returns of all provinces, Federation to be unified: SRB chairman
KARACHI: The sales tax returns of all the four provinces and the Federation will be unified and a decision has...
Debt repayments on track, foreign reserves to increase in 2nd half: SBP Governor
ISLAMABAD: All debt repayments are on track and country’s foreign exchange reserves are expected to increase in second half of...
Alarming: Foreign exchange reserves plunge to lowest since 2019
KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) plunged to an alarming level after falling 10.45%...
PPA appeals govt to release soybean containers stuck at Port Qasim
KARACHI: The crisis triggered by soybean’s acute shortage in the market is daily causing a national loss of 2m to...
FBR fully empowered to transfer its auditors anywhere: SHC
KARACHI: The Sindh High Court (SHC) has declared that the Federal Board of Revenue (FBR) is fully empowered to transfer...
More than 400 vegetable containers stuck up at ports due to dollar shortage
KARACHI: More than r 400 containers of vegetables have been stuck up at ports as commercial banks are not issuing...
PQFTL, U Bank ink BancaTakaful accord
KARACHI: Pak-Qatar Family Takaful Limited (PQFTL) and U Microfinance Bank (U Bank), Pakistan’s fastest-growing microfinance bank, have strategically signed a...
Pakistan repays $1b Sukuk, ends immediate default risk challenge: Bloomberg
KARACHI: The State Bank of Pakistan (SBP) said it made the payment for a $1 billion bond on Friday as...
Karachi I&I seizes non-duty paid goods worth Rs160m
KARACHI: Directorate of Customs Intelligence and Investigation (I&I) in a grand operation seized non-duty paid goods worth over Rs160 million...
Saudi Arabia extends term of $3b deposited with SBP
KARACHI: The State Bank of Pakistan (SBP) announced on Friday that Saudi Arabia has extended the term for the $3...
Banks must ensure financial innovation customer centric: SBP Governor
KARACHI: Banks must ensure that financial innovation is customer centric, which results in faster, safer and cheaper access to financial...
SBP-held foreign reserves fall 4.17pc to $7.5b
KARACHI: State Bank of Pakistan (SBP)-held foreign exchange reserves declined by 4.17 percent in line with the dominant trend for...
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