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
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...
SBP rebuts placement of any restriction on LCs for Import of Oil, LNG POL products
KARACHI, Dec 01 (APP): SBP would like to clarify some misinformation being spread in the media that the import of...
Ishaq Dar appreciates timely provision of $500m by AIIB
KARACHI: Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar appreciated the timely provision of $500 million transferred by...
Customs Adjudication can’t recover short levy, tax: SHC
KARACHI: The Sindh High Court (SHC) declared that the officers of the Collectorate of Customs (Adjudication) have no jurisdiction to...
Pakistan can be interest-free in 5 years: Ishaq Dar
KARACHI: Finance Minister Ishaq Dar Wednesday said the country can become interest-free in five years as stipulated by the Federal...
Pakistan receives $500m from AIIB, deposited in SBP
KARACHI: The State Bank of Pakistan (SBP) received $500 million from the Asian Infrastructure Investment Bank (AIIB), confirmed Finance Minister...
Banking sector showed robust performance, steady resilience during H1CY22, SBP’s Review
KARACHI: State Bank of Pakistan (SBP) issued the Mid-Year Performance Review (MYPR) of the Banking Sector for the year 2022....
Veteran industrialist SM Muneer dies of cardiac arrest
KARACHI: Renowned industrialist and patron-in-chief of the Korangi Association of Trade and Industry (KATI) SM Muneer died of cardiac arrest...
AIIB inflows likely to support rupee in current week
KARACHI: The rupee is likely to bounce back current week on expected inflows from the Asian Infrastructure Investment Bank (AIIB)...
SBP issues clarification on holding payments to Google
KARACHI: The State Bank of Pakistan (SBP) has dismissed “baseless and misleading” media reports that it had withheld payments to...
Pakistan to repay $1bn bond early: SBP chief
KARACHI: Pakistan will repay a $1 billion international bond on December 2, three days before its due date, the State...
Monetary policy: SBP hikes interest rate to 16pc to curtail inflation
KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) Friday raised the key policy rate by...
SBP’s reserves fall by $134m to $7.8b
KARACHI: Pakistan’s foreign exchange reserves held by the central bank once again fell by 1.7%. According to data released by...
