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
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...
Roshan Digital Account inflows soar to $5.295b: SBP
KARACHI: Inflows through Roshan Digital Account (RDA) from overseas Pakistanis soared to $5.295 billion in the last 26 months, the...
No new tax amnesty, mini-budget: FBR chairman
KARACHI: The Federal Board of Revenue (FBR) rejected reports about an upcoming mini-budget and ruled out any new tax amnesty...
SBP signs MoU with Chinese bank on RMB clearance
KARACHI: The State Bank of Pakistan (SBP) and Peoples Bank of China (PBoC) signed a Memorandum of Understanding (MoU) on...
SBP-held foreign exchange reserves increase $1.47b, stand at $8.91b
KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased $1.47 billion on a weekly basis, clocking...
Govt should ban trade in cash dollars: ECAP
KARACHI: The government should immediately ban trade in cash dollars to prevent depreciation in Pakistani Rupee (PKR), forex association demanded...
Silkbank enters REIT accord for disposal of mortgaged land
KARACHI: Silkbank has informed through a press release that in order to improve the bank’s financial position, Silkbank has entered...
UBL reopens Deira Dubai branch
DUBAI: The United Bank Limited (UBL) has reopened its oldest branch in Deira Dubai after renovations and equipping it with...
Businessmen lauds Dar’s decision for enhancing threshold for payments of LCs
KARACHI: Karachi Chamber of Commerce and Industry (KCCI) on Tuesday welcomed the decisions of Finance Minister Ishaq Dar regarding keeping...
Customs Appraisement strives to promote trade by facilitating traders: Collector Jameel Nasir
KARACHI: Collector Customs Appraisement, Port Mohmmad Bin Qasim Jameel Nasir has said the Customs Department is taking various steps to...
Stablising Pakistan’s economy govt’s top priority: Ishaq Dar
KARACHI: Federal Minister for Finance and Revenue Senator Ishaq Dar has reiterated that stabilising Pakistan’s economy was the government’s top...
Meezan Bank donates Rs35m to finance solar panels for Indus Hospital
KARACHI: Meezan Bank- Pakistan’s leading Islamic bank has donated Rs35 million to Indus Hospital & Health Network for installation of...
Pakistan’s forex reserves down, ADB’s $1.5b to reflect next week
KARACHI: Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) once again declined by 2.07%. On October...
