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
PCA South detects Rs23m tax evasions by JIAP’s Royal Service Terminal
KARACHI: Under the supervision of Director-General Zulfiqar Ahmad, Directorate of Post Clearance Audit (PCA) South has detected another illegal pilferage...
Govt decides to close Rs200bn tax loophole for banks
ISLAMABAD: The government is set to close a legal loophole allowing commercial banks to avoid paying up to Rs200 billion...
Customs Court approves judicial remand of accused in smuggling case
KARACHI: The Court of Customs, Taxation, and Anti-Smuggling has approved judicial remand of accused namely Dad Muhammad, son of Muhammad....
Pakistan records 164pc increase in Chinese FDI in Q1 FY 2024-25
KARACHI: In the first quarter of fiscal year 2024-25, Pakistan attracted $404 million in foreign direct investment (FDI) from China,...
Pakistan Navy seizes Indian-made narcotic pills worth $145m
KARACHI: In a successful anti-narcotics operation in the North Arabian Sea, the Pakistan Navy has seized a large consignment of...
Pakistan posts $119m current account surplus in Sept 2024
ISLAMABAD: Pakistan’s current account balance showed a surplus of US$119 million in September, marking a significant improvement from the US$136...
Customs JIAP foils bid to smuggle 3.8kg marijuana worth Rs15m
KARACHI: Collectorate of Customs team deputed at Jinnah International Airport (JIAP) thwarted an attempt to smuggle 3.8 kilograms of marijuana...
BankIslami redefines Pakistan’s financial landscape with riba free banking for all
KARACHI: BankIslami, one of the leading Islamic financial institutions in Pakistan, has launched a pivotal initiative by promoting its riba-free...
SBP injects over Rs4 trillion in the market through OMO
KARACHI: The State Bank of Pakistan (SBP) injected Rs4,093 billion in the market through reverse repo purchase and Shariah Compliant...
SBP reserves surge above $11b, highest in 30 months
KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves increased by $215 million to $11.022 billion during the week...
Structural impediments challenge macroeconomic stability: SBP
KARACHI: Structural impediments are challenges to sustaining macroeconomic stability in Pakistan, the State Bank of Pakistan’s annual report on the...
RDA inflows rise to $8.749b in September, 2024
ISLAMABAD: The inflow of remittances under Roshan Digital Account (RDA) has risen to US $8.749 billion by the end of...
Karachi Customs IMO foils bid to smuggle ice worth Rs15m to KSA
KARACHI: Collectorate of Customs team deputed at International Mail Office (IMO) on Shahra-e-Faisal thwarted an attempt to smuggle huge quantity...
Karachi I&I seizes smuggled POL products from godown located in SITE Area
KARACHI: Regional Directorate of Customs Intelligence and Investigation (I&I) seized huge quantity of smuggled petroleum, oil, and lubricants (POL) products...
SHC suspends verdict of CAT in SCRA filed against Unilever Pakistan
KARACHI: Sindh High Court (SHC) customs appellate bench suspended the verdict of Customs Appellate Tribinal (CAT) while hearing a Special...
Pakistan to pay $30b in external debt in FY25: SBP
KARACHI: Pakistan faces a significant challenge with foreign debt repayments reaching $30.35 billion in FY25. The upcoming year (August 2024...
Karachi LTO collects Rs680b in 1QFY25
KARACHI: The Large Taxpayers Office (LTO) collected a staggering Rs 680 billion during the first quarter (July-September) of the fiscal...
Karachi Enforcement recovers smuggled skimmed milk powder worth Rs53m from SITE Area
KARACHI: Collectorate of Customs Enforcement recovered 73.75 tons of smuggled goods from a godown located on Fakhruddin Valika Road SITE...
SHC directs to release goods imported by M/s Faisalabad Oil Refinery after paying disputed amount
KARACHI: Sindh High Court (SHC) customs appellate bench directed to release goods imported by M/s Faisalabad Oil Refinery after paying...
Share of digital payments surged to 84pc in FY-24: SBP
KARACHI: The State Bank of Pakistan, Friday, said that ongoing transformation of Pakistan’s payment landscape towards digital payments underwent significant...
