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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
FBR raises customs penalties to Rs1m for key violations
ISLAMABAD: The Federal Board of Revenue (FBR) has significantly increased penalties for several customs violations, with fines now reaching up...
Spanish envoy highlights scope for expanding trade ties
RAWALPINDI: Ambassador of Spain to Pakistan, H.E. Carlos Aragón Gil de la Serna, visited the Rawalpindi Chamber of Commerce &...
Weekly inflation rises 0.15pc, annual rate reaches 9.11pc
ISLAMABAD: Pakistan’s weekly inflation increased by 0.15%, pushing the annual inflation rate to 9.11%, according to the latest report released...
ECC okays revision in dealers’ margins, petroleum dealers call off strike
ISLAMABAD: The Economic Coordination Committee approved a revision in dealers' margins on motor spirit and high-speed diesel (HSD), prompting petroleum...
DPM Dar, Finance Minister Aurangzeb, FBR chief Langrial recommended for Pakistan’s top civil awards in 2026
ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar, Minister for Finance and Revenue Muhammad Aurangzeb, and Federal Board of...
Govt maintains decision to import 1 million tons of wheat to meet national needs
ISLAMABAD: A meeting of the Steering Committee on Wheat was held under the chairmanship of Deputy Prime Minister Ishaq Dar...
Pakistan’s economy moving in right says SBP governor
KARACHI: State Bank of Pakistan Governor Jamil Ahmed has said the country’s economy is moving in the right direction, citing...
Millers seek export of 633,000 tonnes of surplus sugar
KARACHI: The sugar mill owners have again urged Food Security Minister Rana Tanveer Hussain to allow the export of 633,000...
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...
KP cabinet approves sales tax relief for Malakand, tribal areas, clears Rs5b youth programme boost
PESHAWAR: The Khyber Pakhtunkhwa cabinet has approved two draft notifications granting sales tax relief to local service providers and industrial...
KCCI pledges to make Pakistan more prosperous on Independence Day
KARACHI: Businessmen Group (BMG) Chairman Zubair Motiwala and Karachi Chamber of Commerce & Industry (KCCI) President Muhammad Rehan Hanif have...
FBR notifies high-ranking transfers in Pakistan Customs Service
ISLAMABAD: The Federal Board of Revenue (FBR) has announced a major reshuffle involving several senior officers of the Pakistan Customs...
FBR considers gift scheme for traders filing taxes by Sept 30
ISLAMABAD: The Federal Board of Revenue (FBR) is considering a special gift scheme for traders who submit their income tax...
SECP establishes Shariah-Compliant Brokerage Segment, approves 33 Islamic Windows
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), in a major breakthrough, has succeeded in establishing a dedicated Shariah-compliant...
FBR issues withholding tax rate card for fiscal year 2026-27
ISLAMABAD: The Federal Board of Revenue (FBR) has issued a withholding income tax rate card for fiscal year 2026-27, outlining...
PC Board advances airport outsourcing, LESCO, MEPCO privatisation
ISLAMABAD: The Privatisation Commission (PC) Board approved key steps for outsourcing Lahore’s Allama Iqbal International Airport (AIIAP) and Karachi’s Jinnah...
EU scraps automatic GSP Plus extension, Pakistan must submit action plan on 32 UN conventions from Jan 2027
ISLAMABAD: Pakistan will no longer receive an automatic extension of its GSP Plus trade status once the European Union's new...
Pakistan, Belarus vow to promote industrial collaboration
ISLAMABAD: Pakistan and Belarus have reaffirmed their commitment to promoting technology transfer and industrial collaboration, particularly through stronger cooperation between...
FPCCI and Iran Chamber ink MoU to enhance bilateral trade & economic cooperation
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry and the Iran Chamber of Commerce, Industries, Mines and Agriculture...
Customs Appraisement issues operating procedure for newly setup cargo terminal at Port Qasim
KARACHI: The Collectorate of Customs Appraisement at Port Muhammad Bin Qasim has issued a standing order establishing operational procedures for...
