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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
Tax evasion: Customs Court directs CIR to complete investigation against M/s Escord Enterprises
KARACHI: The Customs Court directed investigation officer to complete investigation against Muhammad Younus Sayani son of Muhammad Yousuf Sayani, owner...
FBR chairman applauds small traders as registration process begins
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Shabbar Zaidi on Monday applauded the small traders and shopkeepers for extending their...
FBR explains reason of delay in implementation of Track & Trace System
ISLAMABAD: The delay in implementation of Track & Trace System to curb illicit cigarettes is delayed due to stay order...
Current Account Deficit narrows 80pc in December
KARACHI: Pakistan's Current Account Deficit narrowed to $367 million in December 2019 compared to $1.88 billion in same month of...
Oil import bill falls by 20pc in 1H of current FY
ISLAMABAD: Pakistan’s oil import bill and local production of petroleum products declined by almost 20 per cent and 12pc, respectively,...
Stockists increase price of sugar by Rs2.5 per kg
LAHORE: After a flour and wheat crises, profiteers and stockists raised sugar prices by Rs2.5 per kg. According to media,...
Multan Preventive seizes huge quantity of blankets, cigarettes worth Rs17.50m
MULTAN: Collectorate of Customs Preventive Anti-Smuggling Organization (ASO) seized huge quantity of blankets, cigarettes worth Rs17.50 million during anti-smuggling drive....
UK diplomat perceives Pakistan as an emerging frontier market
KARACHI: Chairman Businessmen Group & former president Karachi Chamber of Commerce & Industry (KCCI) Siraj Kassam Teli, while thoroughly briefing...
RCCI demands more awareness drives for CPFTA-II
RAWALPINDI: The Second Phase of China Pakistan Free Trade Agreement (CPFTA-II) is a huge step and great opportunity for the...
Hammad Azhar arrives in Beijing for talks with FATF
BEIJING: A Pakistani delegation, headed by Minister for Economic Affairs Hammad Azhar, has arrived in China’s capital to hold talks...
CPEC to help Pakistan in tapping its full potential in various fields: President
ISLAMABAD: President Dr Arif Alvi has expressed optimism that the China-Pakistan Economic Corridor (CPEC) will help Pakistan to tap its...
Pak Rupee at seven-month high against US dollar
KARACHI: The Pakistani rupee appreciated by 40 paisa against the US dollar in the open market in the outgoing week....
Finance division settles 42,444 complaints via Pakistan Citizen’s Portal
ISLAMABAD: The Finance, Revenue and Economic Affairs Divisions have resolved around 42,444 complaints or 94.7 percent of the total grievances...
Power tariff likely to go up by 98 paisa per unit
ISLAMABAD: Power tariff is expected to go up as the Central Power Purchasing Agency (CPPA) has requested the National Electric...
DGPC allegedly involved in discouraging local gas production
ISLAMABAD: Directorate General Petroleum Concession (DGPC) Imran Ahmed has so far allegedly created hindrances towards injecting 30 million cubic feet...
Gwadar Customs posts 35pc growth during 1H of FY2019-20
GWADAR: Collectorate of Customs Gwader have made 35 percent extra growth under head of sales tax and 38% growth under...
A weekly review: Stocks observe fluctuation amid political uncertainty
KARACHI: The Pakistan Stock Exchange (PSX) in the outgoing week closed observed fluctuations and closed in a little bit of...
Customs ASO seizes NDP cigarettes worth Rs 7m from Kachehry Bazar Faisalabad
FAISALABAD: Customs ASO seized non duty paid cigarettes worth Rs 7 millions from Kachehry Bazar. The Anti Smuggling Origanization (ASO) Faisalabad...
Hike in flour prices: PM Imran orders crackdown on hoarders, profiteers
ISLAMABAD: Taking notice of reports regarding an illegal rise in prices of wheat flour, Prime Minister Imran Khan on Saturday...
NAB forms JIT to probe Khursheed Shah in assets beyond means case
ISLAMABAD: The National Accountability Bureau (NAB) has formed a Joint Investigation Team (JIT) to investigate the matter pertaining to assets...
