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 to use VPN technology for data connectivity
KARACHI: The State Bank of Pakistan (SBP) has resolved to use Virtual Private Network (VPN) technology for Data Acquisition Portal...
Exchange companies sell $150m to banks in 13 days
KARACHI: Exchange companies sold roughly $150 million to banks in the first 13 working days of November and plan to...
Karachi Enforcement seizes 40,000 litres of smuggled Iranian diesel from two wooden boats
KARACHI: Collectorate of Customs Enforcement recovers 40,000 litres of illegally smuggled Iranian diesel from two wooden boats. The crackdown against...
Pakistan seeks LNG cargo for January
KARACHI: Pakistan LNG Limited (PLL), a government subsidiary that procures liquefied natural gas (LNG) from the international market, has issued...
Foreign Direct Investment Falls by 29pc to $122m in Oct
KARACHI: The Foreign Direct Investment (FDI) in the country increased by 7 percent during the first four months of the...
DG Valuation revises customs values on import of almonds & walnuts vide VR No 1826/2023
KARACHI: The Directorate General of Customs Valuation Karachi has fixed new customs values on the import of walnuts and almonds...
Karachi I&I impounds smuggled Iranian diesel, vehicles worth Rs24m
KARACHI: Regional Directorate of Customs Intelligence and Investigation (I&I) Karachi has impounded two tankers loaded with smuggled Iranian diesel worth...
Appraisement West files 10 FIRs against importers for misusing WeBOC & PSW
KARACHI: Collectorate of Customs Appraisement West has registered 10 FIRs against several importers for misusing WeBOC and PSW system to...
Karachi Enforcement recovers smuggled goods worth Rs100m in different raids
KARACHI: Collectorate of Customs Enforcement has seized huge quantity of smuggled goods. The market value of seized goods is Rs100...
Appraisement East registers FIR against M/s Zafar International
KARACHI: Collectorate of Customs Appraisement East has detected a scam involving the use of fake and forged bank letters to...
SBP Governor unveils Strategic Plan for next five years
KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad unveiled strategic plan, SBP Vision 2028, for the period 2023-2028, which...
Pakistan’s foreign exchange reserves drop to $12.53b
KARACHI: The total liquid foreign reserves of the country on Thursday stood at US$ 12.5355 billion while the central bank...
Smuggling of auto parts: Customs I&I files FIR against M/s Akram Autos
KARACHI: Regional Directorate of Customs Intelligence and Investigation (I&I) Karachi has registered an FIR against Akram Rashid of M/s Akram...
Karachi I&I detects tax evasion of Rs32.9m by M/s Popular Food Industries
KARACHI: Regional Directorate of Customs Intelligence and Investigation (I&I) has detected taxes and duty evasion of Rs32.9 million through import...
DG I&I Faiz Ahmad recovers smuggled auto-parts worth Rs1.5 billion
KARACHI: Under the dynamic leadership of Director General of Customs Intelligence and Investigation (I&I) Faiz Ahmad Chadhar and supervision of...
Karachi Enforcement impounds smuggled goods valuing Rs100.5m in different operations
KARACHI: Collectorate of Customs Enforcement, Anti-Smuggling Operations (ASO) team conducted seized smuggled goods with a combined value of Rs100.5 million....
World Bank approves restructuring of $380m Financial Management Program
KARACHI: The World Bank has approved the restructuring of the financing agreement of the Public Financial Management (PFM) and Accountability...
Karachi I&I impounds NDP goods & vehicles worth Rs100m in different IBOs
KARACHI: Directorate of Customs Intelligence and Investigation (I&I) has impounded huge quantity of smuggled goods and vehicles and a non-duty...
SHC directs FTO to stop bothering FBR employees
KARACHI: Sindh High Court (SHC) has warned the Federal Tax Ombudsman (FTO) that the FTO office shall not become the...
SBP’s reserves see slight increase of $4m, now stand at $7.51b
KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) slightly increased by $4 million on a weekly...
