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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 decides opening IR offices on Saturdays to meet monthly revenue target
ISLAMABAD: Federal Board of Revenue (FBR) has decided to open its field offices on Saturdays to meet monthly target of...
APM Hafeez Shaikh holds zoom meeting with PTC members
ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh and his team at the Finance...
Oil drops on US inventories and doubts over output cuts
LONDON: Oil prices dropped on Thursday on doubts over the ability of crude producers to agree to extend record output...
Pakistan’s exports fall by 33pc in May 2020
KARACHI: Pakistan’s exports have witnessed a major setback during the month of May 2020, mainly due to the coronavirus pandemic,...
KPT shipping intelligence report June 5
KARACHI: The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on...
Multan Customs impounds vehicles & goods of Rs205.41m during May
MULTAN: Collectorate of Customs Enforcement &Compliance (E&C) Anti-Smuggling Organization has impounded vehicles and smuggled items of Rs205.41 million in different...
Customs ASO recovers Rs150m illegally imported vehicles, goods, contraband items
LAHORE: Customs Preventive Anti-Smuggling Organization (ASO) recovered over Rs 150 million illegally imported tires, cigarettes, dry milk, welding rods, betel...
COVID-19 can render 3m unemployed, poverty rate may surge to 33.5pc: MoF
ISLAMABAD: The Ministry of Finance has informed the Senate that the coronavirus pandemic can result in an estimated 3mn people...
PSX gains 231 points in range bound activity
KARACHI: The stock market gained 231 points on Friday while witnessing range bound activity during the day. The benchmark KSE-100...
Hafeez assures swift, robust policy response to COVID-19
ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has asked the international development partners...
KCCI, BMG urge PM Imran Khan to avoid ‘pick and choose’ strategy for providing relief to businesses
KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has urged the government functionaries to avoid ‘pick and choose’ strategy...
FBR should implement their relief orders for shipping companies amid COVID-19: Asad Mashadi
RAWALPINDI: Rawalpindi Chamber of Commerce and Industry (RCCI) ex-President Asad Mushadi has said that FBR have to implement their relief...
FBR faces daunting challenge to meet annual revenue collection target
ISLAMABAD: The tax officials are facing an uphill task to achieve around 16 percent growth in revenue collection during last...
Weekly inflation falls 0.42pc
ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the week ended on June 4 witnessed a decrease of 0.42pc,...
Govt likely to set ambitious revenue collection target in budget 2020/2021
KARACHI: The government is likely to set an ambitious revenue collection target for budget 2020/2021 with less focus on documentation...
Development outlay of Rs1319b approved for budget 2020-21 by APCC
ISLAMABAD: The Annual Plan Coordination Committee (APCC) approved national development outlay of Rs1,319 billion for next budget 2020-21 and recommended...
Customs Port Qasim re-distributes work among 9 principal appraisers
KARACHI: Collectorate of Customs Port Mohammad Bin Qasim (PMBQ) Assistant Collector Tariq Hussain has issued office order for re-distribution of...
IMF wants Pakistan to freeze all non-development expenditures
ISLAMABAD: The International Monetary Fund (IMF) has asked the government to bring about massive fiscal adjustments amounting to Rs1,150bn to...
Govt sets GDP growth rate target at 2.3pc for next FY
ISLAMABAD: The federal government has set the gross domestic product (GDP) growth rate target at 2.3 percent for the next...
ST, FTR, BTL, duty & tax slabs need to be rationalized
CNIC condition on transactions does not seem logical and be removed at once in larger national interest: LCCI ex- vice...
