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News updates 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
Economic bodies unveil model budget proposals
KARACHI: Economic institutions have released a model budget framework outlining recommendations for the upcoming federal budget and measures to address...
Pakistan secures relief on LNG terminal capacity payments after negotiations with private operators
ISLAMABAD: Pakistan has secured relief on LNG terminal capacity payments after negotiations with private terminal operators Engro Elengy Terminal Pakistan...
IMF tightens grip as FBR faces retail tax crackdown test
ISLAMABAD: The International Monetary Fund is set to closely monitor Pakistan’s efforts to expand taxation in the retail sector, increasing...
Pakistan grants major relief to mango exporters for Iran & CIS markets
KARACHI: Pakistan’s Ministry of Commerce has announced a major facilitation measure for mango exporters by granting a special exemption from...
ICCI hopes for business-friendly, export-oriented federal budget
ISLAMABAD: President of the Islamabad Chamber of Commerce and Industry, Sardar Tahir Mehmood, has expressed the hope that the forthcoming...
KP Food Authority holds training session on TFA
PESHAWAR: A training session on salt iodization, control of industrially produced Trans Fatty Acids (TFA), and loose edible oil was...
FBR proposes NTN, FTN & CNIC details in import cargo declarations
ISLAMABAD: The Federal Board of Revenue (FBR) has proposed amendments to the Customs Rules, 2001 requiring importers to provide additional...
FBR revises customs values for imported artificial imitation jewelry vide VR No.2081/2026
KARACHI: The Directorate General of Customs Valuation, Karachi, issued Valuation Ruling No. 2081/2026, replacing the earlier ruling No. 1871/2024 issued...
SBP reserves cross $17billion
KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) have increased by $1.214 billion on a weekly...
Qatar’s Taameer Group shows interest in real estate, construction investment in Pakistan
ISLAMABAD: Qatar’s Taameer Group has expressed interest in investing in Pakistan’s real estate and construction sectors, as Prime Minister Shehbaz...
US wants partnership with Pakistan in mining, skills and industrial growth
ISLAMABAD: The United States has expressed interest in expanding long-term cooperation with Pakistan in the mining and industrial sectors, with...
Pakistan, IMF decide to continue talks on budget, economic reforms
ISLAMABAD: Pakistan and IMF have decided to continue negotiations on the budget for fiscal years 2026 and 2027 in the...
SBP announces three public holidays for Eidul Azha
KARACHI: The State Bank of Pakistan (SBP) has announced three public holidays on account of Eidul Azha 2026. It said...
FBR suspends K-Electric’s sales tax registration
ISLAMABAD: The Federal Board of Revenue has suspended the sales tax registration of K-Electric with effect from May 20, 2026,...
Pakistan’s leading oil refineries warn of shutting down production over smuggling
ISLAMABAD: Five of Pakistan’s largest oil refineries on Thursday warned that increasing smuggling of petroleum products is threatening refinery operations...
Pakistan draws final tranche of $1.2b Saudi oil facility
ISLAMABAD: The federal government has fully utilised a $1.2 billion oil facility from the Kingdom of Saudi Arabia (KSA), with...
FBR imposes Rs2.7b penalty on Gerry’s Dnata in electronics smuggling case
ISLAMABAD: The Federal Board of Revenue has imposed penalties worth Rs2.7 billion on Gerry’s Dnata after adjudication orders found the...
Punjab leads sales tax collection growth with 38pc increase
LAHORE: Punjab recorded the highest growth in sales tax collection on services among all provinces during the first nine months...
FBR amends income tax rules to expand ID requirements
ISLAMBAD: The Federal Board of Revenue (FBR) has amended the Income Tax Rules, 2002 through S.R.O. 879(I)/2026, introducing broader identification...
Gold prices in Pakistan surge following global trend
KARACHI: Gold prices rebounded sharply in both international and local markets after witnessing a significant decline a day earlier. According...
