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
FDI in Pakistan slumps 62pc to $95m in October: SBP
KARACHI: Net foreign direct investment (FDI) in Pakistan slumped 62% to $95 million in October 2022, compared to $247.3 million...
Pakistan ready to facilitate investment by Iranian companies: Governor Kamran Tesori
Tehran: Governor of Sindh Kamran Tesori has expressed readiness for facilitating investment by Iranian companies. Kamran Tesori made the remarks...
Hyderabad Customs to auction 12 NDP vehicles on November 24
HYDERABAD: Collectorate of Customs has announced auction of non-duty paid (NDP) vehicles to be held on November 24, 2022. The...
SBP suspends authorisation of 2 currency exchange companies over ‘serious violations’
KARACHI: The State Bank of Pakistan (SBP) on Friday announced it has suspended the authorisation of M/s Orient Exchange Company-B...
Collector Nadeem Memon re-distributes work among additional collectors
KARACHI: Collectorate of Customs Jinnah International Airport (JIAP) Collector Muhammad Nadeem Memon has issued office order for re-distribution of work...
SBP-held foreign exchange reserves surge $3m to $7.96b
KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) surged by $3 million to $7.96 billion as...
Pakistan’s debt shoots up to Rs62.5tr: SBP
KARACHI: Pakistan's total debt and liabilities have climbed by Rs12 trillion or 23.7% in the first quarter of the current...
Customs Enforcement, PMSA seize drugs worth Rs4.9b
KARACHI: Collectorate of Customs enforcement and Pakistan Maritime Security Agency (PMSA) in a joint intelligence based operation seized huge quantity...
JS Bank to acquire controlling stake in BankIslami
KARACHI: JS Bank Limited has expressed its intention to acquire over 51% shares and control of Banklslami Pakistan Limited. “On...
SRB official Mukhtiar Chandio killed by ‘land grabbers’
KARACHI: An official of Sindh Board of Revenue was allegedly targeted by land grabbers in the precincts of Surjani police...
SBP expands scope of probe into alleged exchange-rate manipulation
KARACHI: Pakistan’s central bank has expanded its scope of investigation into alleged exchange-rate manipulation beyond eight banks with the inspection...
Dar cites market-based exchange rate reason behind economic crisis
KARACHI: Minister for Finance and Revenue Senator Mohammad Ishaq Dar held meetings in Dubai with management of the leading commercial...
Govt withdraws plea against Shariat Court’s decision on interest-free banking
KARACHI: The federal government withdrew its petition against Federal Shariat Court's decision seeking the government to transform the banking system...
Remittances slow down to $2.2b amid rising interest rates globally
KARACHI: Remittances sent home by overseas Pakistanis in October declined by over 9% — the second successive month-on-month decline —...
SBP introduces whistle blowing forum to discourage unauthorised forex activities
KARACHI: Sank of Pakistan (SBP) introduced, a ‘Whistle Blowing Forum’ for identification of unauthorised foreign exchange activities for promoting an...
Pakistan’s forex reserves fall $956m to $7.96b
KARACHI: State Bank of Pakistan’s (SBP) foreign exchange reserves saw a massive erosion of $956 million, falling to $7.96 billion,...
SBP sets $30,000 annual limit on credit & debit cards for cross-border transactions
KARACHI: The State Bank of Pakistan (SBP) has set an annual limit of $30,000 for cross-border transactions through debit/credit cards...
SBP launches ESRM manual to promote green banking in Pakistan
KARACHI: The State Bank of Pakistan launched the Environmental and Social Risk Management (ESRM) Implementation Manual for banks and development...
SBP reduces foreign currency cash carrying limits for travelling
KARACHI: The State Bank of Pakistan (SBP) reviewed the existing foreign currency cash-carrying limits for travel purposes. According to a...
SBP, FIA team up against illegal currency dealers
KARACHI: The State Bank of Pakistan (SBP) and the Federal Investigation Agency (FIA) have teamed up to bust illicit foreign...
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