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’s new PIN system creates impossible hurdle for non-resident taxpayers
ISLAMABAD: The Federal Board of Revenue (FBR) has recently introduced significant amendments to the income tax return filing process, as...
Pakistan’s foreign reserves cross $20b after strong official inflows
KARACHI: Pakistan’s foreign exchange reserves jumped sharply during the week ending July 4, 2025, following a sizable injection of official...
Pakistan launches first National Dredging & Marine Services company to boost port capacity
KARACHI: Pakistan has launched its first National Dredging and Marine Services (NDMS) company in collaboration with the Port Qasim Authority,...
State Bank of Pakistan to launch pilot for digital currency, says governor
KARACHI/SINGAPORE: State Bank of Pakistan (SBP) is preparing to launch a pilot for a digital currency and is finalising legislation...
Govt waives all duties, taxes on sugar imports to check price hike
KARACHI: National Food Security Ministry announced that it has decided to waive all duties and taxes on sugar imports to...
Workers’ remittances increase by 26.6pc to $38.3b in FY 2025
KARACHI: The workers’ remittances increased by 26.6 percent during the fiscal year 2025 as compared to the corresponding period of...
Dubai-based bank arranges $1b financing facility for Pakistan
KARACHI: A Dubai-based bank has successfully arranged a $1 billion syndicated term-finance facility for Pakistan, the Ministry of Finance said...
Govt to cut container dwell time by 70pc at ports: Junaid Chaudhry
ISLAMABAD: Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry has announced the establishment of a high-level committee tasked with...
Naqvi orders crackdown on hawala-hundi mafia, non-customs goods
KARACHI: Interior Minister Mohsin Naqvi directed the Federal Investigation Agency (FIA) to launch a full-scale crackdown on hawala-hundi networks, non-custom...
FDI-driven M&A activity crosses $50m in FY25 with 69 approvals from CCP
KARACHI: The Competition Commission of Pakistan (CCP) approved 69 merger and acquisition (M&A) transactions during fiscal year 2024–25, facilitating an...
Exchange companies contribute $5b in remittances during FY2024-25
KARACHI: Foreign currency exchange companies in Pakistan contributed nearly $5 billion in remittances during the fiscal year 2024-25, marking a...
Aurangzeb stresses sustained tariff reform to boost trade competitiveness
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired a meeting of the Steering Committee for the Implementation...
Pakistan’s economy is now out of the difficult period: SBP Governor
KARACHI: The Governor State Bank of Pakistan (SBP) Jameel Ahmad on Monday said that the economy of the country endured...
Pakistan, AFD signs grant agreement worth Euro 12 million
ISLAMABAD: The Government of Pakistan and French Development Agency (AFD) have signed a grant agreement worth Euro 12 million in...
ATM withdrawal fee hiked to Rs35 for non-host transactions
KARACHI: Banks across Pakistan have increased the fee for withdrawing cash from ATMs not owned by the cardholder’s bank, with...
SECP Appellate Bench resolves 124 appeals in FY25, upholds 91pc of decisions
KARACHI: The Appellate Bench of the Securities and Exchange Commission of Pakistan (SECP) concluded 124 appeals during the fiscal year...
KPT closes the year with a record 54 million ton cargo
KARACHI: Karachi Port Trust (KPT) closed fiscal year 2024-25 with achievement of a milestone of 54 million tons cargo handling...
Govt reduces profit rates on National Savings Schemes
KARACHI: The government has slashed profit rates on most National Savings Schemes by 15 to 59 basis points, effective June...
Pakistan exceeds IMF target as SBP reserves reach $14.5b
KARACHI: The State Bank of Pakistan's (SBP) reserves increased by $5.12 billion to $14.51 billion as of June 30 at...
SBP to introduce simplified digital payment package for small businesses
KARACHI: The State Bank of Pakistan (SBP) is working on a strategy to streamline and simplify digital payment systems for...
