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
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...
Roshan Digital Accounts to be further improved: SBP
KARACHI: The State Bank of Pakistan has said that Roshan Digital Accounts (RDA) would be further improved, as the central...
Pakistan-US trade witnesses over 44pc growth during FY2022: SBP
KARACHI: Pakistan s goods and services trade with the United State of America (USA) witnessed an increase of 44.91 percent...
Agreement to offer Shariah-compliant trading platform to RDA Clients signed
KARACHI: Pakistan Stock Exchange (PSX) and Meezan Bank Limted signed an agreement to provide a dedicated Shariah- compliant trading platform...
DG Valuation revises customs values on import of mechanical & non-mechanical toys vide VR No 1643/2022
KARACHI: Directorate General of Customs Valuation Karachi has increased customs values on the import of mechanical and non-mechanical toys including...
Foreign exchange reserves fall below $9b
KARACHI: The country’s foreign exchange reserves held by the State Bank of Pakistan (SBP) continued to decline on a weekly...
Fitch, Moody’s expect IMF to disburse funds to Pakistan in third quarter
KARACHI: Pakistan is expected to receive $1.2 billion from the International Monetary Fund, which may help alleviate strain on the...
Delay, detention charges: Pakistan Customs urges shipping lines to allow full waiver
KARACHI: Pakistan Customs has urged the shipping lines to allow complete withdrawal of delay and detention charges on all pending...
Pakistan’s current account deficit spikes to $2.3b in June: SBP
KARACHI: Pakistan’s current account deficit — the gap between the country’s higher foreign expenditure and low income — widened to...
Pakistan rice export to China witnesses increase
KARACHI: Pakistan’s rice export to China in the first six months of this year is worth around US$345 million, compared...
Customs officials attend short training course
KARACHI: A short training course was held for officials of Pakistan Customs Service at Police Academy. Commandant of National Police...
SBP discourages interbank trading to contain dollar shortage
KARACHI: Amid a severe shortage of US dollars that plunged the rupee to its highest weekly drop since 1998, the...
Gold reserves not pledged, says Deputy Governor SBP
KARACHI: Dr. Inayat Hussain, Deputy Governor of the State Bank of Pakistan (SBP) dispelled rumors of pledged gold reserves in...
