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
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...
HBL wins ‘Best Conventional Bank of the Year Excellence Award’
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has awarded HBL the accolade of the ‘Best Conventional...
National Bank of Pakistan approves full divestment from Agritech Limited
KARACHI: The National Bank of Pakistan (NBP) Board of Directors has approved divesting the entire shareholding of NBP in Agritech...
Customs I&I detects tax evasion by M/s. Faisalabad Oil Refinery
KARACHI: Regional Directorate of Customs Intelligence and Investigation (I&I) have detected tax evasion involving M/s. Faisalabad Oil Refinery (Pvt) Limited...
Workers’ remittances increase by 38.76pc to $8.785b inflow in 1Q
ISLAMABAD: The overseas workers’ remittances witnessed an increase of 38.76 per cent during the first quarter (July-September) of the current...
Pakistan govt debt reaches record high of Rs70.36tln
KARACHI: Pakistan’s central government debt has surged to an all-time high of Rs 70,362 billion, marking the highest level in...
State Bank enhances limit of financing for SMEs
KARACHI: State Bank of Pakistan (SBP) has decided to enhance financing limit for small and medium enterprises (SMEs). According to...
SHC dismisses petition against municipal tax collection in electricity Bills
KARACHI: The Sindh High Court (SHC) Tuesday dismissed a petition challenging municipal tax collection in electricity bills by K-Electric (KE)....
EasyPaisa clears air over reports of accounts being blocked
KARACHI: EasyPaisa has cleared the air over claims of blocking the accounts which are accounts not linked to users’ mobile...
Tax evasion of Rs83m: PCA South files FIRs against M/s Sadiq Jahan Lahori & Company, M/s Glowell Industries & M/s Znz Brands
KARACHI: The Post Clearance Audit (PCA) South Customs has detected illegal pilferage of seized goods from two sea ports of...
SHC approves bail of importer in fake EIF case
KARACHI: Sindh High Court (SHC) approved bail of Muhammad Nasir son of Muhammad Hussain, an importer against a solvent surety...
PR to construct 105km rail line connecting Thar Coal mines to Port Qasim
KARACHI: Pakistan Railways (PR) has awarded the contract for the construction of a 105-kilometre railway line intended to link Thar...
SBP injects Rs1,012.3b into market through OMO
KARACHI: State Bank of Pakistan (SBP), injected Rs1,012.3 billion in the market through reverse repo purchase Open Market Operation (OMO)....
Pakistan’s total liquid foreign reserves surge to $15.98b
KARACHI: The total liquid foreign reserves of Pakistan reached at 27-month high level of US$ 15,982.9 million, mainly backed by...
KICT challenges Rs5m fine imposed by Collector Appraisement West
KARACHI: Karachi International Container Terminal (KICT) has challenged Rs5 million penalty imposed by Collectorate of Customs Appraisement West Collector Irfan...
