Lahore
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
Rs563m bank cheques dishonored during FY 2020-21, says report
LAHORE: It has been revealed that bank cheques worth over Rs563.2 million, belonging to industrialists, have been dishonored. The audit...
Petroleum levy collection surges to Rs1.567tr in FY26
LAHORE: The government collected Rs1.567 trillion through the Petroleum Levy (PL) in fiscal year 2025-26. The figure exceeded the revised...
FBR fails to recover Rs5.62b in taxes from 106 taxpayers
LAHORE: The Federal Board of Revenue has failed to recover Rs5.62 billion in taxes from 106 taxpayers across 14 field...
BoP set to issue Rs30b shares to Punjab govt in major equity move
LAHORE: The Bank of Punjab (BoP) has just announced a massive financial move. The bank plans to issue up to...
PRA adopts zero-tolerance policy for implementation of E-IMS
LAHORE: The Punjab Revenue Authority (PRA) has adopted a zero-tolerance policy for province-wide implementation of the Electronic Invoice Monitoring System...
LHC sets legal status of bank data in fake SIM fraud case
LAHORE: Lahore High Court (LHC) has ruled that confidential bank customer data qualifies as property under the law, while deciding...
Punjab launches online gateway for property payments
LAHORE: The Punjab Land Records Authority (PLRA) has launched a digital payment gateway, allowing citizens to complete property-related transactions securely...
SIFC unlocks $200m mining project in Balochistan
KHUZDAR: The Special Investment Facilitation Council (SIFC) has resolved long-standing regulatory issues surrounding the Barite Lead Zinc Project in Balochistan’s...
US delegation lands in Lahore to explore investment opportunities across Punjab
LAHORE: Following recent engagements in Islamabad and Karachi, a visiting U.S. delegation arrived in Lahore to actively explore new investment...
Pakistan, Türkiye agree to revive Islamabad–Tehran–Istanbul Freight Corridor
LAHORE: Federal Minister for Railways Muhammad Hanif Abbasi held a high-level meeting with Türkiye’s Minister of Transport and Infrastructure, Abdulkadir...
Federal Tax Ombudsman recommends ‘faceless’ income tax refund system
LAHORE: The Federal Tax Ombudsman recommended on Friday the introduction of a "faceless" income tax refund system to improve the...
Exporters warn strong rupee is hurting Pakistan’s exports & investment
LAHORE: Pakistan’s exporters have raised concerns over the country’s managed exchange rate policy, arguing that an artificially strong rupee is...
New industrial hub near Lahore moves forward after securing bank financing
LAHORE: The first phase of Challenge Special Economic Zone (SEZ) Lahore has achieved financial close after securing funding from a...
Credit Card ATM transactions see a sudden 44pc surge in Pakistan
LAHORE: Pakistan’s credit card ATM transactions just recorded the largest-ever quarterly increase. The number of circulating credit cards jumped by...
FTO declares higher tax deduction on teachers’ examination duty unlawful
LAHORE The Federal Tax Ombudsman (FTO) has ruled that the Federal Board of Revenue (FBR) was incorrectly applying a higher...
FTO urges taxpayers to report delayed tax refunds
ISLAMABAD: The Federal Tax Ombudsman (FTO) has advised taxpayers to file complaints if their legitimate tax refund claims remain pending...
Lahore ASO seizes smuggled cigarettes worth Rs28.36m in Shahdara
LAHORE: Collectorate of Customs Enforcement, Anti-Smuggling Organization (ASO) of the Collectorate of Customs Enforcement Lahore has seized a large quantity...
PSO receivables climb to Rs908.7b as SNGPL dues exceed Rs535b
LAHORE: Pakistan State Oil’s (PSO) total receivables have risen to Rs908.709 billion, intensifying liquidity pressures as delayed payments from the...
FTO makes online hearings default for tax complaints
LAHORE: The Federal Tax Ombudsman (FTO) has made online hearings the default mode for resolving tax complaints at its headquarters...
FTO orders FBR to fix IRIS glitches blocking Rs2.3m tax credit
ISLAMABAD: The Federal Tax Ombudsman (FTO) has ruled that the Federal Board of Revenue (FBR) cannot use technical limitations of...
