Karachi

FBR revises customs values for imported smartwatches & wearables vide VR No.2076/2026

Pakistan to build Energy City, multipurpose terminal at Port Qasim

Pakistan Single Window, TDAP sign MoU to boost Pakistan’s digital trade ecosystem

Foreign exchange reserves rising weekly, external debt steady at $100bn: SBP governor

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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

Barter trade to help bring economic stability in region: ADC Imran Afzal

19/06/2023

QUETTA: Collectorate of Customs Additional Collector Chaudhry Imran Afzal has said that barter trade between Pakistan, China, Russia and Iran...

Balochistan to present Rs 700b budget 2023-24 today

19/06/2023

QUETTA: The upcoming tax-free budget for the fiscal year 2023-24 is scheduled to present on Monday in Balochistan Assembly, with...

Port Qasim LNG terminals resume operation as Biparjoy cyclone deflects

17/06/2023

KARACHI: After the threat of Biparjoy Cyclone successfully warded off due to the natural deflection in its course, operations have...

Tax evasion: FBR seals Sputnik Shoes Outlets in Karachi

17/06/2023

Karachi: The Federal Board of Revenue (FBR) has taken strict measures against Sputnik Shoes by sealing their outlets in Karachi...

SBP forex reserves swell by $107m to $4b

16/06/2023

KARACH: The State Bank of Pakistan (SBP)-led foreign exchange reserves jumped by $107 million to $4 billion during the week...

Moody’s warns of ‘highly uncertain’ external funding prospects for Pakistan

16/06/2023

KARACHI: Moody's Investors Service has warned that Pakistan's ability to secure loans from bilateral and multilateral partners will be severely...

Khuzdar Collectorate, led by Collector Imran Sajjad Bukhari, foils smuggling attempts worth Rs250m in 5 months

KHUZDAR: Led by Collector Imran Sajjad Bukhari, the Khuzdar Collectorate has successfully thwarted attempts to smuggle foreign goods worth over...

Pakistan complete extraction of Russian oil at Karachi port

KARACHI: Pakistan has completed the transfer of crude oil from a Russian ship that reached Karachi port with over 45,000...

State Bank sells Treasury bills worth Rs2,586b

KARACHI: The State Bank of Pakistan (SBP) stated that the government has sold T-bills worth Rs2.586 trillion rupees in auction....

Businessmen express grave concerns over SBP’s decision to maintain 21pc policy rate

KARACHI: The record high policy rate of 21 per cent is damaging to Pakistan’s economy as it discourages new investments...

KPT to replace PICT after 21-year concession ends

14/06/2023

KARACHI: The Karachi Port Trust (KPT) was permitted by the Cabinet Committee on Intergovernmental Commercial Transactions (CCoIGCT) to take over...

Remittances decline 12.8pc to $24.8b in July-May

14/06/2023

KARACHI: Remittances sent home by overseas workers declined by 12.8% year-on-year to $24.8 billion in 11 months of the current...

Pakistan inks deal with Azerbaijan for LNG supply at ‘cheaper price’

14/06/2023

KARACHI; Pakistan has issued two tenders seeking spot liquefied natural gas (LNG) cargoes for the first time in nearly a...

Load-shedding likely to increase as Biporjoy impacts LNG cargoes’ berthing

13/06/2023

KARACHI: As the "very severe cyclone system" Biparjoy approaches Sindh's coastal belt, a senior official has warned that more power...

Pakistan not considering bilateral debt restructuring: SBP governor

13/06/2023

KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad said the country was not considering a bilateral debt restructuring, Reuters...

Pakistan starts transporting much-awaited Russian oil to refinery

KARACHI: Local authorities have begun transporting the much-anticipated discounted Russian crude oil from the vessel to a refinery in the...

SBP maintains status quo on policy rate, anticipates inflation to decline from this month

KARACHI: The State Bank of Pakistan's (SBP) Monetary Policy Committee (MPC) on Monday decided to maintain the status quo on...

First cargo of discounted Russian oil reaches Karachi

KARACHI: The first cargo of discounted Russian crude oil arranged under a new deal between Islamabad and Moscow arrived in...

Customs PCA detects tax evasion of Rs51m by M/s Fairdeal Textile

KARACHI: Directorate General of Post Clearance Audit (PCA) has detected tax evasion of Rs51 million involving M/s Fairdeal Textiles in...

Sindh budget: Rs10bn allocated for purchase of buses