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 reserves fall by $59m
KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves fell by US$59 million in a week, data released by...
SHC approves bail of suspects in liquor smuggling case
KARACHI: A single bench of the Sindh High Court (SHC) granted bail to suspects namely Haresh Kumar and Sanjay Kumar...
SHC allows petition filed by M/s ARA Detergents & Chemicals FZE against Collector Enforcement
KARACHI: A two-member bench of the Sindh High Court (SHC) allowed a constitutional petition and directed respondents to implement the...
SBP announces bank timings for Friday
KARACHI: The State Bank of Pakistan (SBP) announced timings for Friday (May 6) for all banks, development finance institutions (DFIs)...
CDNS collects Rs950b fresh bonds by April 30
KARACHI: The Central Directorate of National Savings (CDNS) on Saturday achieved the target of issuing Rs 950 billion fresh bonds...
Fresh currency notes on Eid: Citizens forced to turn to mafia as SBP remains silent
KARACHI: For the first time in many years, the State Bank of Pakistan (SBP) and commercial banks did not issue...
DG Valuation fixes import values of wrist watches from China
KARACHI: The Directorate General of Customs Valuation for the first time fixed the values of the wrist watches (low-end brands)...
Board of Investment, KPT review progress on Karachi coastal development zone
KARACHI: Top officials of the Board of Investment and Karachi Port Trust reviewed progress of the Karachi Comprehensive Coastal Development...
Banks to remain open this Saturday ahead of Eid holidays
KARACHI: The State Bank of Pakistan (SBP) clarified that all banks and their branches shall remain open on Saturday, April...
SBP slaps Rs108m fine on four banks over AML, operational violations
KARACHI: The State Bank of Pakistan (SBP) has imposed penalties of Rs108.93 million on four major banks for violating various...
JS Bank partnered with NdcTech to modernize its Core Banking and drive Business Agility
KARACHI: JS Bank, a leading commercial bank of Pakistan, has modernised its Core Banking platform with renowned IT company NdcTech...
Bank Alfalah’s profit-after-tax rises 45pc
KARACHI: Bank Alfalah Limited (BAFL) declared record profit-after-tax of Rs5.019 billion, showing a double-digit growth of 45 per cent YoY...
Pakistan’s current account deficit reaches $1b in March: SBP
KARACHI: Pakistan’s current account deficit was recorded at $1.03 billion in March 2022, compared to $369 million recorded in the...
SHC directs customs officials to release goods within 15 days as prescribed under the law
KARACHI: A two-member bench, comprising Justice Irfan Saadat Khan and Justice Mahmood A. Khan directed customs officials to release the...
SHC bars FBR officials from taking action against M/s Dalda Foods over audit notice
KARACHI: A single bench of the Sindh High Court (SHC) comprising Justice Adnan Iqbal Chaudhry restrained defendants (Commissioner, Inland Revenue,...
SHC allows petition with directions filed by Atlas Honda Limited
KARACHI: A two-member bench of the Sindh High Court (SHC), comprising Justice Irfan Saadat Khan and Justice Mahmood A. Khan...
Banks’ deposits rise 2.9pc MoM to Rs20.5tr in March: SBP
KARACHI: The total deposits held by banks have shown a growth of 2.9 percent on a month-on-month (MoM) basis to...
SBP reserves up by $36m during one week
KARACHI: The foreign reserves held by the State Bank of Pakistan (SBP) witnessed inflows of $36 million in the week...
FDI drops by 2pc in nine months of FY22: SBP
KARACHI: Foreign Direct Investment (FDI) has dropped by 2 percent in July to March period and stood at $1.285 billion....
Pakistani banks may feel heat of Sri Lanka’s default
KARACHI: Pakistan’s banks operating in Sri Lanka are in hot waters as their exposures of around Rs26.78 billion are at...
