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
FBR recovers over Rs5b in landmark tax case against K-Electric
ISLAMABAD: The Federal Board of Revenue (FBR) has successfully recovered over Rs5 billion from K-Electric, following a crucial court ruling...
Pakistan’s trade deficit grows to $24b in less than a year amid surging imports
KARACHI: Data released by the Pakistan Bureau of Statistics (PBS) on Wednesday showed that the country's trade deficit has widened...
IMF urges Pakistan to phase out tax breaks for tech, industrial zones
KARACHI: The International Monetary Fund (IMF) has called on the Pakistani government to gradually phase out tax incentives currently offered...
SHC orders immediate release of L’Oréal Pakistan’s imported goods
KARACHI: The Sindh High Court (SHC) has ordered the immediate release of goods imported by L’Oréal Pakistan. This decision came...
Pakistan foreign exchange reserves jump by $70m ahead of FY26 Budget
KARACHI: Pakistan foreign exchange reserves witnessed a significant rise of $70 million, as per the latest data released by the...
Over 1.320 million tons of pulses imported in 10 months of FY2025
KARACHI: The imports of leguminous vegetables (pulses) into the country during last 10 months of current financial year grew by...
SBP, PSX to remain closed from June 6 to June 9 for Eid-ul-Adha holidays
KARACHI: The State Bank of Pakistan (SBP) and the Pakistan Stock Exchange (PSX) will remain closed from Friday, June 6,...
Asian Development Bank okays $800m for Pakistan
KARACHI: The Asian Development Bank (ADB) has approved $800 million loan for Pakistan. According to the ADB’s official statement, the...
Customs Court approves bail of accused in Tramadol smuggling case
KARACHI: A man named Hameedullah Khan, son of Muhammad Abdul Ghaffar, has been granted bail by the Special Court for...
Customs officers accused of shooting dead youth in Karachi
KARACHI: A young man was killed in alleged firing by Customs officials near the Boat Basin signal in Karachi. According...
42pc people express confidence in govt’s economic policies
KARACHI: A recent survey conducted by Ipsos Pakistan revealed that 42 per cent of Pakistanis express confidence in the current...
Sindh farmers urge FBR to cut duties on tractors in upcoming budget to support agriculture
KARACHI: Small farmers from Sindh have formally requested the Federal Board of Revenue (FBR) to reduce the customs duty on...
51 new officers deployed to CEU during Pakistan Customs reforms
KARACHI: Chief Collector Appraisement South Nasir Jameel has recently posted 51 new BS-16 officers in the Central Examination Unit (CEU)....
SHC dismisses petitions on Valuation Ruling, cites past decisions
KARACHI: The Sindh High Court (SHC) headed by Justice Agha Faisal has rejected several petitions moved by M/s Abdullah &...
No ban on cryptocurrencies: SBP
KARACHI: The State Bank of Pakistan (SBP) clarified that it has never declared virtual assets (VAs), including cryptocurrencies as illegal....
Govt considers 1.5pc tax on import payments in FY26 budget
KARACHI: The government is weighing a proposal to introduce a 1.5 percent withholding tax on import-related payments as part of...
Pakistan’s total liquid foreign reserves stand at $16.636b
KARACHI: The total liquid foreign reserves of Pakistan stood at $16,636.7 million as of May 23 while the reserves held...
FBR considers ending tax exemptions on solar panels Budget 2025
KARACHI: The Federal Board of Revenue (FBR) is evaluating major changes in its tax policy ahead of the 2025-26 budget,...
Maritime economy to gain $100m boost: Junaid Chaudhry
KARACHI: The Ministry of Maritime Affairs has initiated a transformative project to modernize the Korangi Fish Harbour (KOFHA) with projections...
Faceless Customs Assessment system faces challenges in Karachi: Delays & declining revenue
KARACHI: A recent directorate general of customs risk management (RMS) report has flagged major problems with the Faceless Customs Assessment...
