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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
IMF & official creditor support lowers Pakistan’s financing risk amid coronavirus economic shock
ISLAMABAD: On 16 April, the International Monetary Fund (IMF) approved disbursement of $1.4 billion (0.5% of GDP) to Pakistan (B3...
Pakistan to overcome coronavirus soon: Chinese envoy Yao Jing
ISLAMABAD: Chinese Ambassador to Pakistan Yao Jing congratulated the people of Pakistan on the month of Ramadan and assured full...
Hafeez presides over think tank meeting to boost economy during Covid crisis
ISLAMABAD: Advisor to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Sheikh chaired the 2nd meeting of the...
Weekly Review: PSX likely to stay range bound due to Ramazan
KARACHI: The trading activities in the stock market likely to stay range bound during next week due to commencement of...
OLX conducts online training for startups in Pakistan
LAHORE: OLX Pakistan recently conducted a three-day online training workshop for 28 Peshawar-based business startups. A majority of participants of...
US deficit could quadruple to $3.7tr in coronavirus crisis
WASHINGTON: A nationwide business shutdown and surge in US government spending will nearly quadruple the federal deficit to a record...
Govt to bring new NAB Amendment Ordinance
ISLAMABAD: After the National Accountability Bureau (NAB) Amendment Ordinance, 2019 expired the federal government has decided to bring a new...
CPEC projects may face delay, disruption as virus crisis worsens
ISLAMABAD: Pakistani authorities have warned about delays and disruption in China Pakistan Economic Corridors (CPEC) related multi-billion dollars projects after...
Multan Customs seizes vehicles and miscellaneous goods of worth Rs163.03m
MULTAN: Collectorate of Customs Enforcement & Compliance has seized non-customs paid vehicles and miscellaneous goods worth Rs163.03 million during anti-smuggling...
500 factories reopened in Sialkot: Usman Dar
SIALKOT: Special Assistant to Prime Minister on Youth Affairs Muhammad Usman Dar has said that 500 factories which fulfilled the...
PM Imran Khan urged to resolve demurrage, detention issue amid COVID-19 lockdown
LAHORE: The commercial and industrial importers have continued seeking relief of demurrage & detention at ports as after submitting to...
Shipping cos asked to waive container detention charges till 30 April
KARACHI: Ministry of Maritime Affairs has advised shipping companies and their agents to waive container detention charges and other charges...
FBR issues procedure for safe transportation of ISAF cargo
ISLAMABAD: Federal Board of Revenue (FBR) has issued procedure for movement of International Security Assistant Force (ISAF) cargo under Pakistan...
Over 830,619MT of wheat procured
ISLAMABAD: About 830,619 metric tons of wheat has procured so far under the grains procurement campaign for the year 2019-20...
24 sugar mills got nearly Rs12b in subsidies in 2017 and 2019, probe finds
ISLAMABAD: As many as 24 sugar mills received Rs11.8 billion in freight subsidies from the federal and Punjab governments in...
Govt releases Rs47b subsidies for export sectors
ISLAMABAD: The federal government has so far in the last three quarters released over Rs47 billion to the textile and...
Court approves bail of traders involved in violation of lockdown
KARACHI: A court in Karachi on Saturday granted bail to the traders, arrested over flouting coronavirus lockdown decision of the...
Flour, sugar scandal: FIA DG given two-week deadline to submit final report
ISLAMABAD: Federal Investigation Agency (FIA) Director-General (DG) Wajid Zia has been given two-week deadline to submit the Inquiry Commission’s final...
SHC directs customs officials to release consignment of Mubeen Int’l on bank guarantee
KARACHI: The Sindh High Court (SHC) directed high officials to customs department to release the consignment of importer Mubeen International...
Customs ASO recovers smuggled goods worth Rs225m near Sheikhupura
LAHORE: Collectorate of Customs Preventive, Anti-Smuggling Organization (ASO) seized huge quantity of betel nuts, sweet supari, BOPP films, artificial flavor...
