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
Karachi traders threaten to declare markets ‘no-go area for tax collectors’
KARACHI: Karachi traders have threatened to declare markets no-go area for tax collectors if the Federal Board of Revenue chairman...
Customs PCA South detects mis-using of three exemption licenses by M/s Hamza Corporation
KARACHI: Directorate of Post Clearance Audit (PCA) South has detected fraud involving M/s Hamza Corporation Karachi for was mis-using three...
Financial system shows steady performance, soundness in 2023: SBP Review
KARACHI: State Bank of Pakistan (SBP) has said that the financial sector exhibited strong growth maintaining its financial soundness and...
UBL concludes sale of 55pc shareholding in UNBL UK
LONDON: According to AKD Research, the Bestway Group has acquired 50.1% shares upfront for GBP 25.49 million with an option...
Pakistan’s total liquid foreign reserves increased to $14.57b
KARACHI: The total liquid foreign reserves of Pakistan increased to US$ 14,573 million while the foreign reserves held by the...
Sindh govt notifies benefit for debit, credit card holders from July 1
KARACHI: The Sindh government has increased sales tax on restaurants, cafes, bakeries, marriages halls and others, with effect from July...
PM invites Tajikistan to use Karachi Port for transit trade
KARACHI: Prime Minister Shehbaz Sharif invited Tajikistan to use Karachi Port for the transit trade besides emphasising the promotion of...
Sindh imposes huge tax on all kinds of medicines, medical devices
KARACHI: The Sindh government has imposed a sales tax on herbal, unani and homeopathic medicines, as well as medical devices,...
SBP mandates 100pc advance payment for sugar exports
KARACHI: The State Bank of Pakistan (SBP) has announced that all sugar exports must be accompanied by 100% advance receipt...
Appraisement South collects 53pc higher revenue in FY2024
KARACHI: Customs Appraisement South have collected Rs2.25 trillion during fiscal year ended June 30, 2024, which is around 53 percent...
Karachi I&I seizes smuggled goods worth Rs22b in FY2023-24
KARACHI: Regional Directorate of Customs Intelligence and Investigation (I&I) has registered 622 cases involving goods valued at Rs22 billion while...
Sindh raises Rs675.4m from auction of premium number plates
KARACHI: The Sindh Excise Department has successfully generated Rs675.4 million through the auction of 40 premium number plates. As per...
Karachi Enforcement recovers Iranian diesel, smuggled cloth during 2 IBOs
Karachi: Collectorate of Customs Enforcement recovered 32,100 liters of Iranian diesel from Al Makkah Kubdani Askar-1 Filling Station on Hub...
Banks to remain closed for three days
KARACHI: Banks across Pakistan are scheduled to observe a three-day closure starting from Saturday through Monday, as announced by the...
Appraisement Easts submits compliance report on petition filed by M/s China Textile & Blanket Industry
KARACHI: Collectorate of Customs Appraisement East filed a Civil Petition for Leave to Appeal before Supreme Court of Pakistan challenging...
Pakistan’s total liquid foreign reserves reach $14.2b
KARACHI: The total liquid foreign reserves of Pakistan stood at US$ 14,207.3 million as of June 21, 2024 while the...
SBP aims to double SME financing to Rs1100b: Deputy Governor
KARACHI: Deputy Governor State Bank of Pakistan (SBP), Saleemullah has reaffirmed the central bank’s objective to double the financing of...
US, China & UAE top destinations for Pakistani exports during July-May: SBP
KARACHI: The United States (US) remained the top export destination of Pakistani products during the first eleven months of the...
Govt raises Rs131.4b through PIBs auction
KARACHI: The government raised Rs131.4 billion through the auction of Pakistan Investment Bonds (PIBs) against a target of Rs190 billion,...
Pakistan’s regional exports increase 20pc in 11 months: SBP
ISLAMABAD: Pakistan’s exports to the seven regional countries witnessed an increase of 20.61 per cent in the first eleven months...
