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
Karachi Enforcement thwarts attempt to smuggle POL products worth Rs54m
KARACHI: Collectorate of Customs Enforcement has thwarted an attempt to smuggle huge quantity of POL products and arrested 20 persons...
State Bank keeps interest rate unchanged at 22pc
KARACHI: According to a statement issued by the central bank, the Monetary Policy Committee (MPC) decided to maintain the policy...
UBL to establish its own exchange company
KARACHI: United Bank Limited (UBL) has announced to establish its own exchange company. As per details, the announcement came after...
Pakistan has Rs30.96tn worth money in circulation
LAHORE: The currency in circulation in the domestic economy of Pakistan stands at 27 per cent, 10pc higher than from...
Aircraft chemicals, electronic items smuggling bid foiled at KICT
KARACHI: The Port Control Unit of the Anti-Narcotics Force (ANF) has foiled the bid to smuggle aircraft chemicals, oil, expensive...
FBR unearths country’s biggest tax fraud worth Rs314 billion
KARACHI: The Federal Board of Revenue (FBR) has unearthed the country’s biggest tax fraud worth Rs314 billion committed by a...
Pakistan’s remittances increase by 3.1pc in August: SBP
KARACHI: Pakistan’s foreign worker remittances clocked in at $2.1 billion in August 2023, 3.1% higher on a month-on-month basis when...
Customs ASO seizes smuggled betel nuts, Catechu from Napier Road
KARACHI: Collectorate of Customs Anti-Smuggling Organization (ASO) authorities conducted a raid in the Napier Road and seized substantial quantity of...
FBR arrests four suspects involved in Rs11b tax invoices scam
KARACHI: The Federal Board of Revenue (FBR) has arrested four suspects who were involved in Rs11 billion tax invoices scam....
Pakistan Customs seizes smuggled goods worth Rs2.5b in past two weeks
KARACHI: Pakistan Customs has seized smugged/non-duty paid goods worth Rs2.5 billion in a series of anti-smuggling operations conducted across the...
FTO body identifies three key maladministration in FBR
ISLAMABAD: The Advisory Committee of the Federal Tax Ombudsman (FTO) identified three key maladministration in the Federal Board of Revenue...
Pakistan’s foreign exchange reserves drop to $13.12b
KARACHI: The foreign exchange reserves of Pakistan have reached $13.12 billion, according to stats issued by the central bank. The...
SBP brings ‘structural reforms’ for ‘transparency’ in exchange companies’ sector
KARACHI: Amid the presence of a grey market of the dollar, the State Bank of Pakistan (SBP) decided to introduce...
PNSC ship stranded at Chittagong port after accident
KARACHI: The Pakistan National Shipping Corporation (PSNC) ship Chitral has been stranded at the seaport of Chittagong in Bangladesh for...
Customs I&I files FIR against M/s S.N International for filing forged documents
KARACHI: Directorate of Customs Intelligence and Investigation (I&I) has registered an FIR against Farhan Raiq of M/s S.N International for...
Indus Motor approaches SHC against Rs634m tax demand
KARACHI: The Indus Motor Company Limited has taken legal action by challenging a substantial tax demand amounting to Rs634 million...
Public debt up by 22pc to nearly Rs60tr in July 2023: SBP
KARACHI: The federal government's total debt surged to nearly Rs60 trillion, primarily attributed to borrowing from domestic and foreign sources...
Fiscal fraud: Customs PCA registers FIRs against two solar panel importers
KARACHI: Directorate of Post Clearance Audit (South), Karachi has registered two separate FIRs against M/s Bright Star Business Solutions (Pvt)...
Quetta Customs foils bid to smuggle sugar worth Rs700m from Pakistan
QUETTA: Collectorate of Customs Quetta has expedited its crackdown on the illegal export of sugar and seized 20 trucks loaded...
Trade deficit narrows by 40pc in two months
KARACHI: The trade deficit contracted by 40.29 percent during the first two months of the current fiscal year compared to...
