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
Pakistan’s foreign exchange reserves drop by $465m: SBP
KARACHI: Pakistan’s net foreign exchange reserves have dropped by $465 million within a week, as per the latest data released...
DGTT imposes penalty on M/s Vehicle Tracking (Pvt) Ltd for carelessness, negligence
KARACHI: The Directorate General of Transit Trade (DGTT) has penalized M/s Vehicle Tracking (Pvt.) Ltd. with a PKR 300,000 fine...
Tax evasion of Rs14b: FBR to take legal action against 463 importers, 106 clearing agents & officials from PRAL
KARACHI: The Federal Board of Revenue (FBR) has decided to initiate legal proceedings against 463 importers, 106 clearing agents, and...
Karachi LTO seals M/s Collectibles outlets due to sales tax fraud
KARACHI: The Large Taxpayers Office (LTO) Karachi has taken decisive action against M/s. Collectibles, a well-known luxury watch retailer, by...
CDNS achieves target of Rs22b in Islamic investment
KARACHI: The Central Directorate of National Savings (CDNS) has realized the annual collection target Rs22 billion in investment in Islamic...
Customs ASO foils bid to smuggle narcotics worth Rs14.2m from Balochistan to Karachi
KARACHI: Pakistan Customs successfully thwarted an attempt to smuggle a large quantity of narcotics from Balochistan to Karachi. The estimated...
Pakistan receives $4.9b in foreign aid & loans in 8 months
KARACHI: Pakistan has received $4.9 billion in external financial assistance during the first eight months (July-February) of the current fiscal...
Karachi Enforcement foils bid to smuggle 5.6 million Tramadol tablets worth Rs2.6b to Sierra Leone
KARACHI: Collectorate of Customs Enforcement has thwarted an attempt to smuggle 5.6 million Tramadol tablets, the estimated market value of...
SBP announces Eid-ul-Fitr holidays from March 31 to April 2
KARACHI: The State Bank of Pakistan (SBP) announced Eid-ul-Fitr holidays for the banking and financial sectors from March 31 to...
DG Valuation revises customs value for import sunflower seeds vide VR No.1982/2025
KARACHI: The Directorate General of Customs Valuation, Pakistan, has issued a new ruling No. 1982/2025 to determine the customs value...
Pakistan’s foreign reserves cross $16b
KARACHI: The total liquid foreign reserves of Pakistan increased to $16,015.8 million while the reserves held by the State Bank...
Profit repatriation surges 104pc to $1.55b in July-Feb FY25
ISLAMABAD: Foreign investors repatriated $1.55 billion in profits and dividends from Pakistan during the first eight months of the current...
SHC summons federal secretary revenue, chairman FBR on April 21
KARACHI: Sindh High Court (SHC) appellate bench headed by Acting Chief Justice Muhammad Junaid Ghaffiar and Justice Mohammad Abdul Rehman...
Hyderabad RTO seals Dawood Super Mart for issuing fake invoices
HYDERABAD: The Regional Tax Office (RTO) Hyderabad has taken strict action against tax evasion by sealing a prominent supermarket for...
DG Valuation determines customs values of Ferro Manganese, Ferro Silicon vide VR No.59/2025
KARACHI: The Directorate General of Customs Valuation has issued a new Valuation Ruling No. 59/2025, revising the customs values of...
Karachi MTO seals M/s Hobnob outlets for tax evasion
KARACHI: The Medium Tax Office (MTO) Karachi has taken strict action against M/s. Hobnob, sealing three of its outlets for...
DG Valuation revises customs values for imported chocolates
KARACHI: Directorate General of Customs Valuation, Pakistan Customs, has issued a new Valuation Ruling for imported chocolates under the Customs...
Current account deficit reduces to $12m: SBP
KARACHI: The State Bank of Pakistan (SBP) has reported that the country is facing a current account deficit for the...
SBP issues Rs27b fresh currency notes for Eidul Fitr
KARACHI: The State Bank of Pakistan (SBP) has said that it has distributed Rs27 billion worth of fresh currency notes...
Case remanded back to Customs Tribunal for review in steel pipe mis-declaration case
KARACHI: Another case related to under-declaration of values of steel pipes has just been sent back to the Customs Tribunal...
