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
FBR chairman reviews performance of field formations regarding revenue collection
KARACHI: Chairman Federal Board of Revenue Malik Amjed Zubair Tiwana and Member-IR (Operations) Mir Badshah Khan Wazir visited Large Taxpayers...
Customs PCA detects tax evasion of Rs27.5b by some importers
KARACHI: The Directorate Post-Clearance Audit (PCA) South has an elaborate tax evasion scheme by importers under the guise of the...
Political instability, rising cost of doing to business drags KSE-100 down by over 1.82pc
KARACHI: The benchmark KSE-100 Index tumbled in the afternoon session on Thursday and closed at 61,020.05 after a loss of...
Pakistan’s foreign reserves stand at US$ 13,149.1m: SBP
KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) stood at US$8,056.5 million after an increase...
SHC directs to release goods imported by Naveed Trading Corp after securing differential amount
KARACHI: Sindh High Court, Customs Appellate Bench comprising Justice Muhammad Junaid Ghaffar and Justice Adnan-ul-Karim Memon directed to release goods...
Pakistan’s imports from Iran increase by 25pc in January
KARACHI: Pakistan’s imports from Iran have surged despite recent tension between the two countries. Pakistan’s imports from Iran increased to...
SBP revokes three foreign exchange companies’ licenses
KARACHI: State Bank of Pakistan (SBP) revoked the foreign exchange licenses of M/s AA Exchange Company (Pvt.) Limited, M/s Glaxy...
Sindh endorses federal plan for new export zone on PSM site
KARACHI: The Sindh government has agreed to the federal government’s proposal to establish an Export Processing Zone (EPZ) on the...
SBP cancels authorization of PBS exchange company
KARACHI: The State Bank of Pakistan (SBP) canceled the authorization/license of PBS Exchange Company (Pvt) Limited, as per a press...
SHC rejects SCRA filed by Hyderabad I&I against M/s Smart Power Private Ltd
KARACHI: A Customs Appellate Tribunal bench comprising Justice Muhammad Junaid Ghaffar and Justice Adnan-ul-Karim of the Sindh High Court (SHC)...
Workers’ remittances increase by 0.6pc in January
KARACHI: The remittances from the overseas workers were recorded at $2.4 billion in the month of January making it an...
DG Valuation revises customs values on import of playing cards
KARACHI: Directorate General of Customs Valuation Karachi has issued revised customs values on the import of playing cards from China...
World Bank grants extension for $400m Pakistan tax reform project
KARACHI: The World Bank has granted the Pakistani government’s request to extend the Pakistan Raises Revenue (PRR) project. This decision...
Customs Enforcement seeks amendments in SRO to tackle imports under baggage rules
KARACHI: In a bid to curb the misuse of the Baggage Rules, Pakistan Customs is actively seeking enhanced powers to...
Pakistan’s total liquid foreign reserves reach $13.1b
KARACHI: The total liquid foreign reserves of Pakistan stood at US$ 13,097.6 million in the week ended on February 2,...
SHC allows two SCRA’s filed by Customs I&I Hyderabad
KARACHI: Customs Appellate bench of the Sindh High Court (SHC) allowed two Special Customs Reference Applications (SCRA0 filed by regional...
DG Valuation issues Valuation Ruling No 1849/2024 for used LCDs & LEDs
KARACHI: Directorate General of Customs Valuation issued Valuation Ruling No. 1849 / 2024, establishing a valuation of $0.70 per inch...
Karachi Enforcement recovers smuggled goods worth Rs41.35m from SITE area
KARACHI: Collectorate of Customs Enforcement has seized huge quantity of foreign-origin Crockery, plastic dana and plastic shoppers from two godowns...
DG Valuation revises customs values on import of shoe polish via VR No 1851/2024
KARACHI: Directorate General of Customs Valuation has revised customs values on the import of shoe polish with tin/plastic pack and...
Seminar on IPR enforcement held
KARACHI: A seminar on enhancing intellectual property rights (IPR) enforcement was organised by the Directorate of IPR (Enforcement) South in...
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