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
Independence Day: Pakistan reveals commemorative Rs75 note
KARACHI: Pakistan has unveiled the design of a commemorative note of Rs75 to mark the nation's 75th Independence Day. In...
US announces $1m in disaster aid for Pakistan
KARACHI: The United States has announced a $1 million disaster aid grant to Pakistan on Friday to overcome challenges caused...
RDA inflows rise to $4.7b in June: SBP
KARACHI: Inflow of remittances under Roshan Digital Account (RDA) rose to US $4.794 billion by the end of July 2022...
SBP automates verification of refinance claims to facilitate exporters, banks
KARACHI: In continuation of steps taken for ease of doing business, State Bank of Pakistan (SBP) has automated the verification...
Alarm bells: Foreign exchange reserves fall below $8b — lowest since October 2019
KARACHI: The country’s foreign exchange reserves held by the State Bank of Pakistan (SBP) continued to decline on a weekly...
DG Valuation revises customs values on import of stationery items
ISLAMABAD: Directorate General of Customs Valuation Karachi has revised customs values on the import of stationery items from China, Vietnam,...
Govt raises Rs466.56b, cut off yields remain mostly unchanged
KARACHI: The government lifted Rs466.56bn in debt, primarily focused in 3 month T-bills through an auction conducted by the State...
Over 43pc surplus witnessed in Pakistan-Bangladesh trade: SBP
KARACHI: Pakistan’s goods and services trade with Bangladesh witnessed surplus of 43.14 percent during twelve months of fiscal year (FY22)...
IMF programme to bring economic stability: Miftah Ismail
KARACHI: Federal Minister for Finance and Revenue Miftah Ismail Tuesday said that macro-economic stability will come along with the International...
Meezan Bank, Arif Habib Group join hands to develop apartment towers
KARACHI: To jointly develop and sell apartment towers at Naya Nazimabad in Karachi, Arif Habib Group (AHG) and Meezan Bank...
SBP penalises 3 banks Rs131m over operational violations
KARACHI: The State Bank of Pakistan (SBP) has imposed penalties of Rs131.42 million on three major banks for violating various...
SBP-held foreign exchange reserves decline by $190m
KARACHI: The country’s foreign exchange reserves held by the State Bank of Pakistan (SBP) continued to decline on a weekly...
SBP introduces foreign currency business accounts for NRPs
KARACHI: The State Bank of Pakistan (SBP) on Wednesday introduced a separate category of foreign exchange (FX) accounts named as...
SBP shuts four branches of two exchange companies
KARACHI: The State Bank of Pakistan (SBP) shut down four branches of two different foreign exchange companies on Wednesday. According...
SBP PIB Auction: Rs298.5b raised against a target of Rs175b
KARACHI: The government raised Rs298.5 billion of debt against a target of Rs175bn, primarily focused on a 5-year tenor in...
Pakistan’s economic problems temporary: Finance Ministry, SBP
KARACHI: Pakistan’s economic problems are temporary and being forcefully addressed, the Finance Ministry and the State Bank of Pakistan (SBP)...
SBP imposes Rs85m as penalty on JS Bank for violating regulatory instructions
KARACHI: The State Bank of Pakistan (SBP) has imposed a monetary penalty of Rs85 million on JS Bank Limited for...
Customs value of flexible tubing iron and steel revised vide Valuation Ruling 1685/2022
KARACHI: Directorate-General Customs Valuation Director Syed Fawad Ali Shah has revised customs values of flexible turbing of iron and steel...
Clearance of containers still remains elusive despite MoC go-ahead signal
KARACHI: The clearance of hundreds of containers, stuck at ports under SRO 598/22 dated 19-5-2022, has become a mystery even...
Director Valuation Fawad Ali Shah revises customs values of imitation jewellery vide VR No. 1686/2022
KARACHI: In exercise of the powers conferred under section-26-A of the Customs Act, 1969, Directorate-General Customs Valuation Director Syed Fawad...
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