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
Inflation in Pakistan could average 33pc in first half of FY23, says Moody’s economist
KARACHI: Inflation in Pakistan could average 33% in the first half of 2023 before trending lower, and a bailout from...
Last opportunity: Govt extends date for encashment of prize bonds
KARACHI: The State Bank of Pakistan (SBP) on Wednesday announced an extension for the encashment and redemption of the withdrawn...
Fitch downgrades Pakistan’s currency issuer default rating to CCC-
KARACHI: Fitch Ratings has downgraded Pakistan's Long-Term Foreign-Currency Issuer Default Rating (IDR) to "CCC-" from "CCC+", a statement from the...
Customs JIAP recovers iPhones from passenger worth millions of rupees
KARACHI: Collectorate of Customs team deputed at Jinnah International Airport (JIAP) foiled an attempt to smuggle iPhones 14 Pro equivalent...
Panic over suspended imports peaks in Pakistan
KARACHI: Pakistan business chiefs are clamouring for the cash-strapped government to allow manufacturing materials stuck at the key port of...
Workers’ remittances fall to 31-month low amid economic crisis
ISLAMABAD: Remittances sent by overseas Pakistani workers continued to decline as inflows dipped month-on-month by 9.9 percent in January 2023,...
Hyderabad ASO foils bid to smuggle 60,000 liters of smuggled diesel
HYDERABAD: Collectorate of Customs, Anti-Smuggling Organization (ASO) has thwarted an attempt to smuggle 0,000 liters of smuggled diesel along with...
Fears of ‘exchange losses’ led to petrol crisis in Pakistan
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
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
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
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
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
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
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
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
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
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....
