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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
Govt to present annual budget on June 5
ISLAMABAD: The federal government has decided to present the budget for fiscal year 2020-21 on June 5. According to sources,...
Horticulturists urge govt to extend date of mango exports
ISLAMABAD: As the climatic change and the coronavirus lockdown have severely affected the mango crops and it is likely to...
SBP allows financing for BMR, expansion under its Temporary Economic Relief Facility
KARACHI: The State Bank of Pakistan (SBP) has opened up its subsidized Temporary Economic Relief Facility (TERF) for Balancing, Modernization...
PSX loses 36.47 points to close at 33,267.69 points
ISLAMABAD: Pakistan Stock Exchange (PSX) Friday witnessed bearish trend as KSE 100 index closed at 33,267.69 points as compared to...
RCCI presents recommendations on SMEs via video conference
RAWALPINDI: Federal Minister for Industry and Production Hamad Azhar has said that two more new schemes are being introduced for...
Defiance of govt orders by shipping lines, port terminals becomes major issue
Chambers, association, importers continue write letters to PM LAHORE: Non Compliance of the government directives by the Shipping lines and...
FBR to further reduce sales tax rate in upcoming budget: Nausheen Javaid Amjad
KARACHI: Federal Board of Revenue (FBR) Chairperson Nausheen Javaid Amjad ruled out reducing sales tax rate to single digit and...
Gwadar Customs taking effective measures against smuggling: Tahir Qureshi
GWADAR: Collectorate of Customs destroyed huge quantity of smuggled contraband items worth millions of rupees in the international market. According...
Punjab govt seizes 2,550 wheat sacks in Gujranwala
LAHORE: The Punjab government on Friday continued its clampdown on smuggling and hoarding of wheat and seized 2,550 wheat sacks...
Sugar scam: FIA summons Shahid Khaqan Abbasi, Khurram Dastagir
ISLAMABAD: The Federal Investigation Agency (FIA) has summoned Shahid Khaqan Abbasi and Khurram Dastagir to record their statement in connection...
China, US commit to implement trade deal despite virus row
BEIJING: Chinese and US trade representatives agreed Friday to "create favourable conditions" for the phase one trade deal signed in...
FBR directs food outlets to display tax amount & retail price in menus
ISLAMABAD: Federal Board of Revenue (FBR) has made it mandatory for food outlets to display tax amount along with retail...
FBR grants exemption to various properties from attachment for tax recovery
ISLAMABAD: Federal Board of Revenue (FBR) has exempted various properties from attachment for recovery from tax defaulters. The FBR issued...
OICCI asks FBR to reduce number of withholding tax rates to maximum five
KARACHI: Federal Board of Revenue (FBR) has been proposed to revamp withholding tax regime and reduced the number of withholding...
FBR transfers 7 IRS officers of BS-18-20
ISLAMABAD: Federal Board of Revenue (FBR) on Friday notified transfers and postings of Inland Revenue Service (IRS) officers in BS-18...
Customs Adjudication decides 46 seizure cases worth Rs51.011m
MULTAN,: Customs Adjudication Multan Camp Office decided 46 seizure cases of worth Rs51.011 million during April 2019-20. According to the...
RCCI demands healthcare and education be given industry status
RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) has urged government to extend the incentive packages given to construction...
Ministry takes notice of non-provision of demurrages, detention relief to importers
LAHORE: In the result of continuous voice-raising by Friends of Economic and Business Reforms (FEBR) Engineering Development Board of Ministry...
OGRA makes major reduction in RLNG rates
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has made a major reduction in prices of Re-gasified Liquefied Natural Gas...
KPT shipping intelligence report May 7
KARACHI: The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on...
