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
SBP’s surplus profit exceeds Rs972b in FY2024
KARACHI: The State Bank of Pakistan’s surplus profit has exceeded Rs. 972 billion in the financial year 2024, marking an...
Overseas Pakistanis invest $1.9b through Roshan Digital Account
KARACHI: During the fiscal year ending June 30, 2024, overseas Pakistanis deposited and invested a total of $1.90 billion through...
SHC bars Customs Appellate Tribunal from taking action against Collector SAPT
KARACHI: Sindh High Court, custom appellate bench barred Custom Appellate Tribunal (CAT) from taking action against Collector of Customs South...
Pakistan’s total liquid foreign reserves increase to $14.39b
KARACHI: The total liquid foreign reserves of Pakistan increased to $14,391.7 million as of July 26, 2024 while the reserves...
Pakistan receives five bids from Chinese firms to launch Panda bonds: Bloomberg
KARACHI: Pakistan has received five bids from Chinese firms to help it raise funds via Panda bonds as the nation...
Pakistan’s exports to China increase by 33.67pc in FY 2023-24: SBP
KARACHI: Pakistan’s export of goods and services to China witnessed an increase of 33.67 percent during the twelve months of...
SBP sells Pakistan Investment Bonds worth Rs140.69b
KARACHI: The State Bank of Pakistan (SBP) sold Pakistan Investment Bonds (PIBs) worth Rs140.69 billion. The auction targeted raising Rs125...
Pakistan’s economy stabilized after IMF deal: S&P
KARACHI: The Standard & Poor (S&P) Global has declared the Pakistani economy stable after the International Monetary Fund (IMF) $7...
SHC suspends FBR notification to transfer senior officials to Admin Pool
KARACHI: The Sindh High Court (SHC) has suspended a notification of the Federal Board of Revenue (FBR) to transfer senior...
Pakistan’s foreign direct investment rises 17pc in FY2024
KARACHI: Foreign Direct Investment (FDI) in Pakistan has increased by 17% in the current fiscal year compared to the previous...
Fitch upgrades Pakistan rating to CCC+ following IMF agreement
KARACHI: Fitch Ratings, the global credit rating agency, upgraded Pakistan's long-term foreign-currency issuer default rating (IDR) from CCC to CCC+....
State Bank of Pakistan reduces interest rate to 19.5pc
KARACHI: The State Bank of Pakistan (SBP) has announced a 1% reduction in the interest rate, bringing it down from...
Pakistan to explore electricity exports to China
KARACHI: The government has decided to conduct a feasibility study on transmission lines to export electricity to China. This study...
State Bank of Pakistan widely seen cutting rates
KARACHI: Pakistan’s central bank will likely cut its key interest rate again on Monday in its first policy meeting following...
SBP injects Rs9.545 trillion into market
KARACHI: The State Bank of Pakistan (SBP) injected Rs9,545 billion in the market through reverse repo purchase and Shariah Compliant...
SBP to announce monetary policy on July 29
KARACHI: The State Bank of Pakistan (SBP) will announce Monetary Policy on July 29 in a meeting of the Monetary...
Pakistan’s foreign exchange reserves stand at $14.3b
KARACHI: Pakistan’s total foreign exchange reserves stood at US$14.34 billion as of 19th July. The central bank in a statement...
Fake bank guarantees worth Rs15.33m: FIRs registered against M/s Gomruk Forwarding Company
KARACHI: Directorate of Transit Trade (DTT) Karachi has registered FIRs against M/s Gomruk Forwarding Company, MCB Bank Hasan Square Branch,...
SHC adjourns hearing of petition filed by M/s China Textile Curtains & Blanket Industry
KARACHI: A Sindh High Court (SHC) custom appellate bench adjourned hearing of contempt petition filed by M/s China Textile Curtains...
Pakistan to pay Rs2091b in capacity payments to IPPs in FY2024-25
KARACHI: The Government of Pakistan has estimated capacity payments to IPPs amounting to Rs 2,091 billion for the current fiscal...
