Latest News
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
Report cases of abuse and harassment to FBR, Zaidi asks importers
ISLAMABAD: The Federal Board of Revenue’s (FBR) role is to ensure transparent and non-discriminatory customs valuation of goods, Chairman Syed...
IMF recommends to establish Federal Revenue Agency for tax collection
ISLAMABAD: The International Monetary Fund (IMF) has recommended the federal government of Pakistan to establish the Federal Revenue Agency (FRA)...
A weekly review: Stocks end on bullish note; rupee edges up
KARACHI: The Pakistan Stock Exchange (PSX) gained momentum in the outgoing week as investor participation was comparatively high amid presence...
Narcotics case: Rana Sanaullah’s judicial remand extended till Nov 16
LAHORE: An Anti-Narcotics Court has on Saturday extended Pakistan Muslim League-Nawaz (PML-N) Punjab President Rana Sanaullah’s judicial remand till November...
SBP launches National Payment Systems Strategy
KARACHI: State Bank of Pakistan (SBP) Governor Dr Reza Baqir launched the National Payment Systems Strategy (NPSS) in an event...
Trade deficit falls by 33.5pc during July-Oct of FY19-20
ISLAMABAD: Over the first four months of fiscal year 2019-20, the country's trade deficit decreased significantly by 33.5 per cent,...
Collector Nadeem Memon reconstitutes classification committee
KARACHI: Collectorate of Customs Appraisement East Collector Nadeem Memon has issued office order no: 12/2019-East for partial modification of office...
RCCI on promotion of regional trade
RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) President Saboor has said that Central Asia is a big market...
Faisalabad ASO seizes cloves worth Rs1m
FAISALABAD: The Customs Anti-Smuggling Organization (ASO) confiscated 500 kilogram foreign origin cloves worth Rs1 million involving in customs duty and...
M/s Atlas Honda challenges SROs 630/2018 & 670(1)/2019 in SHC
KARACHI: Atlas Honda Limited approached the Sindh High Court (SHC) against the imposition of additional customs and other duties under...
Appraisement East submits FIR against M/s Rana Enterprises, M/s Mayo Enterprises in tax evasion scam
KARACHI: The Customs Court directed investigation officer to complete investigation and submit charge sheet against Hina Intazar, proprietor of M/s...
Power Division gives support to FBR for implementation of Section 181AA of Income Tax Ordinance
ISLAMABAD: The Ministry of Energy has reinforced the Federal Bureau of Revenue's (FBR) position to not provide commercial or industrial...
Court adjourns hearing of Dr Asim’s corruption reference
KARACHI: An accountability court has adjourned the hearing of a corruption reference against Dr Asim Hussain till November 9 over...
PSX turns blind eye to political unrest; index up 173 points
KARACHI: Stocks continued to rally for the second consecutive session as the indices marched north throughout Friday, turning a blind...
SBP to strengthen its legal network: Reza Baqir
KARACHI: State Bank of Pakistan (SBP) Governor Dr Reza Baqirhas unveiled that the central bank will further strengthen its legal...
CPEC is an important pillar of Pakistan’s economic structure’
ISLAMABAD: Federal Minister for Planning and Development Khusro Bakhtiar on Friday termed the China-Pakistan Economic Corridor (CPEC) project as ‘an...
Industrialization is pivotal for changing country’s economy: PM
ISLAMABAD: Prime Minister Imran Khan said that government was still facing a trade deficit in the country’s economy and efforts...
Pakistani rupee gains 2 paisa against US dollar
KARACHI: The Pakistani currency further recovered its value against the US dollar in interbank and open markets on Friday. The...
Karachi faces shortage of containers
KARACHI: Importers and Exporters are facing acute shortage of containers which is also effecting the business of the traders. According...
First private LNG shipment likely to arrive by month end
ISLAMABAD: The first private shipment, carrying around 130,000 cubic meter Liquefied Natural Gas (LNG), is likely to arrive at Karachi...
