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FBR issues guidelines for suspension of Customs officials

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KPRA enforcement team visits restaurants, wedding halls

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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

Saudi Arabia Jumps 72 Global Positions in Trading Across Borders Ranking

20/12/2019

RIYADH, Saudi Arabia — Saudi Arabia has been ranked as the world’s top ease of doing business improver by the...

China announces new tariff exemptions for US chemical and oil products

20/12/2019

China on Thursday unveiled a new list of import tariff exemptions for six chemical and oil products from the United...

Multan Customs generates Rs.22.943m through auction of vehicles & goods

byImran Ali

MULTAN: Collectorate of Customs Preventive generated Rs.22.9430 million through the public auction of confiscated goods and vehicles lying at the...

Gold price continues to rise in local market

KARACHI: Gold prices in the local market on Thursday edged up by Rs200 to Rs85,350 per tola, according to media....

Pakistan to develop innovation-driven economy: Chinese scholar

BEIJING: Since took office, Prime Minister Imran Khan has given great importance to the development of education as it is...

PetroChina offers lowest price for supply of LNG cargo

ISLAMABAD: PetroChina International Singapore has offered the lowest commercial price in a Liquefied Natural Gas (LNG) tender floated by Pakistan...

KPT shipping intelligence report Dec 19

KARACHI:The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on Thursday....

More time required to reduce interest rate: SBP Governor Reza Baqir

FAISALABAD: The governor of the State Bank of Pakistan (SBP), Dr Reza Baqir, has hinted that more time will be...

Customs Port Qasim seizes Indian origin Unilever Dove body cream

byMubeen Hussain

KARACHI: Collectorate of Customs Port Qasim has apprehended huge quantity of Indian origin body Cream worth millions of rupees. According...

FBR decides to impose penalties on non-compliant retailers

ISLAMABAD: The Federal Board of Revenue (FBR) could impose penalties on big retailers if they would continue to fail in...

All out efforts will be made to redress genuine grievances of businessmen: Mumtaz Ali Shah

KARACHI: Chief Secretary Sindh Syed Mumtaz Ali Shah has assured the delegation of business community that all-out efforts would be...

FBR starts action against public office holders involved in benami scam

ISLAMABAD: The Federal Board of Revenue (FBR) initiated an investigation into an unidentified corporate firm under the Benami Transactions (Prohibition)...

Current account deficit falls by 73pc in five months

KARACHI: Current account deficit has narrowed by 73 percent to $1.82 billion during first five months (July – November) of...

Foreign exchange reserves increase to $17.655b

KARACHI: The liquid foreign exchange reserves of the country have increased by $1.607 billion, State Bank of Pakistan (SBP) said...

Pakistan to establish carbon emission market

ISLAMABAD: The establishment of market would allow Pakistan to expand their global trade in pollution credits and also help Chinese...

Customs ASO impounds Rs5m non-duty paid vehicles

byM Hayat

LAHORE: Collectorate of Customs Preventive Anti-Smuggling Organization (ASO) has seized two illegally imported vehicles worth Rs5 million. Sources told Customs...

Customs Preventive seizes smuggled goods, falcons & houbara bustards