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
Foreign exchange: SBP reserves decline $176m to $8.62b
KARACHI: The foreign exchange reserves held by the central bank fell by $176 million during the week ended on September...
K-Electric imposes KMC taxes in electricity bills
KARACHI: K-Electric has started collecting taxes on behalf of the Karachi Metropolitan Corporation (KMC) from the citizens of Karachi through...
Appraisement East hosts farewell party for Ashad Jawad, Wajid Ali & Fayyaz Rasool, Tahir Qureshi
KARACHI: A farewell party was hosted by officers of the Pakistan Customs in honour of recently transferred Chief Collector Wajid...
SBP suspends authorisation of Great Union Exchange, Swiss International Exchange for three months
KARACHI: The State Bank of Pakistan (SBP) suspended, with immediate effect, the authorisation of two exchange companies including the Swiss...
Workers’ remittances up by 7.9pc to $2.7b in August
KARACHI: The overseas workers’ remittances recorded an inflow of US$2.7 billion during August 2022, posting an increase of 7.9% when...
No restriction on import of raw material: SBP
KARACHI: State Bank of Pakistan (SBP) clarified that there is no restriction on import of raw material for any industry....
President urges Pakistani banks to create awareness about banking scams
KARACHI: President Dr Arif Alvi has called upon all the banks of the country to regularly warn their customers and...
Sindh collects over Rs21m tax in 2MFY23
KARACHI: Sindh Excise, Taxation and Narcotics Control Department said that it has collected Rs21,146.062 million tax during July and August,...
Customs Court seeks challan against accused in stolen Bently case
KARACHI: The Customs Court has diretced the investigation officer (IO) to submit the challan against the suspects accused of trafficking...
Heavy custom duty obstructs import of essential equipment for flood victims
KARACHI: Many welfare organizations are busy in relief and rescue works, as the country continued battling against the flood and...
Sigh of relief: Forex reserves jump to $8.8b after IMF tranche
KARACHI: Pakistan’s foreign exchange reserves rose above $8 billion, reverting the threats of default that could have led to spill...
Customs I&I detects tax evasion of Rs1.5b through clearance of banned items
KARACHI: Under the supervision of Director-General Faiz Ahmad, Directorate of Customs Intelligence and Investigation (I&I) has detected Rs1.5 billion tax...
RDA inflows reach $5b mark in 24 months: SBP
KARACHI: Inflow of remittances under Roshan Digital Account (RDA) rose to US $4.981 billion by the end of August 2022...
SBP, Zameen.com sign MoU as central bank moves to utilise real estate data
KARACHI: In a bid to enhance coverage and widen its data bank, the State Bank of Pakistan (SBP) on Tuesday...
Pakistan’s circular debt stands at Rs2.253 trillion
KARACHI: Pakistan’s circular debt has been reduced by 564 billion rupees by making payments to the power plants in the...
1.8 million KE consumers benefitting from PM’s FCA relief package
KARACHI: Following PM’s Announcement of FCA’s relief package for the month of June, 1.8 million eligible electricity consumers across KE...
Pakistani jeweller’s gold worth Rs20m stolen ‘during flight’
KARACHI: A Pakistani jeweller's gold worth Rs20 million was stolen during a flight from Dubai, United Arab Emirates to Karachi,...
Economic loss due to Pakistan floods rises from $10b to $12.5b
KARACHI: The estimated economic loss to Pakistan from floods has increased from USD 10 billion to USD 12.5 billion. The...
Customs Enforcement seizes Bentley Mulsanne stolen from London
KARACHI: The Collectorate of Customs Enforcement (CCE) has seized a Bentley Mulsanne in Karachi which was reportedly stolen from London....
PCA detects tax evasion of Rs560m by M/s Hussain Enterprises
KARACHI: Directorate of Post Clearance Audit (PCA) South has detected tax evasion of Rs859.98 million against M/s Hussain Enterprises. Sources...
