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
RDA inflows fall 6pc to $171m in April
KARACHI: The Roshan Digital Account (RDA) inflows fell 6 percent in April to $171 million, down from $182 million in...
SHC suspends order of CAT in Flaker Machine case
KARACHI: A Customs Appellate Bench of the Sindh High Court (SHC) suspended the order passed by the Customs Appellate Tribunal...
Karachi Enforcement recovers smuggled medicines worth Rs250m
KARACHI: Under the dynamic leadership of Collector Basit Maqsood Abbasi, Collectorate of Customs Enforcement has seized huge quantity of foreign-origin...
Fake & flying invoices: FBR I&I registers FIR against M/s Al Abbas Traders
KARACHI: The Federal Board of Revenue’s (FBR) Intelligence and Investigation(I&I) Inland Revenue (IR) has detected a renowned cement company involved...
SBP approves Bank Alfalah to conduct due diligence of Samba Bank
KARACHI: The State Bank of Pakistan (SBP) has granted its approval to Bank Alfalah Limited (BAFL) to conduct Due Diligence...
Petroleum group import bill decreases by 8.87pc YoY in April 2024
KARACHI: The import bill for the petroleum group declined to $1.26 billion in April 2024, showing an 8.87% decrease year-on-year...
SBP injects Rs809.7 billion into market
KARACHI: The State Bank of Pakistan injected Rs809.7 billion in the market through reverse repo purchase and Shariah Compliant Mudarabah...
SBP’s foreign reserves witness increase of $150m
KARACHI: The State Bank of Pakistan (SBP) witnessed an upturn in Pakistan’s foreign exchange reserves, with a reported increase of...
Pakistan, China agree for stronger multi-sphere cooperation, accelerate connectivity projects
BEIJING: Pakistan and China have agreed to strengthen cooperation in energy, banking and financial sectors and accelerate progress on connectivity...
FBR proposes higher WHT on cash withdrawals by non-filers
KARACHI: The Federal Board of Revenue (FBR) has proposed increasing the withholding tax on cash withdrawals from banks by non-filers...
Customs JIAP foils bid to smuggle crystal meth via International Mail Office
KARACHI: Collectorate of Customs team deputed at Jinnah International Airport (JIAP) thwarted an attempt to smuggle crystal meth via airport’s...
Political uncertainty, inconsistent policies exacerbated economic situation: SBP
KARACHI: Political uncertainty and inconsistency in economic policies exacerbated the economic situation in Pakistan during the first six months of...
RMS withdraws bid to acquire 87.96pc stake in Escorts Investment Bank
KARACHI: RMS (Private) Limited has formally announced the withdrawal of its bid to acquire 87.96% of Escorts Investment Bank Limited....
Govt considers duty increase on key imports to protect reserves, farmers
KARACHI: Pakistan is evaluating the introduction of heightened customs duties on the importation of used cars with engines up to...
Karachi Enforcement seizes smuggled goods worth Rs22.5m
KARACHI: Collectorate of Customs Enforcement has seized huge quantity of smuggled goods, including petroleum products and betel nuts worth Rs22.5...
CDNS accomplishes Rs1400b targets in fresh bond
KARACHI: The Central Directorate of National Savings (CDNS) has achieved a target of Rs1400 billion in fresh bonds and achieved...
Workers’ remittances increased by 27.9pc YoY in April: SBP
KARACHI: Remittances sent by overseas Pakistanis reached US$2.8 billion in April 2024 which represents a 27.9 percent increase as compared...
Pakistan’s total liquid foreign reserves increase upto $14.45b: SBP
KARACHI: The total liquid foreign reserves of Pakistan increased to US$ 14,458.9 million while foreign reserves held by State Bank...
SHC suspends SCRA filed by Collector Custom PMBQ against M/s Fazal Steel
KARACHI: Sindh High Court (SHC) suspended order of Customs Appellate Tribunal while hearing Special Customs Reference Application (SCRA) filed by...
Dubai Islamic Bank inks accord to join IFC’s trade program
KARACHI: Dubai Islamic Bank Pakistan Limited (DIBPL) has signed an Issuing Bank Agreement (IBA) with the International Finance Corporation (IFC)...
