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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
Pakistan launches first mobile app to digitise cross-border trade
ISLAMABAD: The Pakistan Single Window (PSW), an organisation under the Federal Board of Revenue (FBR), has launched a mobile application...
Fuel prices: Oil Tankers Association gives 72-hour ultimatum, warns of nationwide strike
KARACHI: The Pakistan Oil Tankers Association and contractors have issued a 72-hour ultimatum to the government, warning that a nationwide...
ADB reaffirms support for Pakistan’s ML-1 railway project as Dar seeks faster progress
ISLAMABAD: The Asian Development Bank (ADB) has reaffirmed its commitment to supporting Pakistan’s Main Line-1 (ML-1) railway project, with Deputy...
AI, robotics to drive Pakistan’s future economy: minister
ISLAMABAD: Federal Minister for Information Technology and Telecommunication Shaza Fatima Khawaja on Wednesday said that Pakistan will own the full...
FTO makes online hearings default for tax complaints
LAHORE: The Federal Tax Ombudsman (FTO) has made online hearings the default mode for resolving tax complaints at its headquarters...
Pakistan Customs orders KICT to clear container backlog within a week
Pakistan Customs has ordered officials to clear the backlog of import and export containers at the Karachi International Container Terminal...
Pakistan’s cotton output falls to less than half of peak level: OICCI report
KARACHI: Pakistan's cotton production has dropped to less than half of its historic peak, causing the country an estimated annual...
Pakistan, Iran discuss trade, economic cooperation and connectivity
ISLAMABAD: Iran's Deputy Minister of Transport Mehran Ghorbani and Deputy Minister of Interior for Economic Affairs Mehdi Dousti met Minister...
Petrol pump owners defer nationwide strike after negotiations with govt
ISLAMABAD: The All Pakistan Petrol Pumps Owners Association (APPPOA) on Wednesday postponed its planned nationwide strike after successful negotiations with...
Pakistan ‘seeks’ $10b in US backstop facility to boost reserves
WASHINGTON DC: Pakistan has asked the United States for a $10 billion exchange stabilisation facility, according to a source briefed...
S&P lifts Pakistan’s credit rating to ‘B’ on institutional stability, IMF reform progress
ISLAMABAD: Credit ratings agency S&P Global raised Pakistan's long-term sovereign credit rating to "B" from "B-" on Wednesday, citing stronger...
Pakistan seeks new oil sources amid Gulf shipping crisis
KARACHI: Pakistan has started identifying alternative sources of crude oil imports following the reported closure of the Strait of Hormuz...
FBR forms independent committees to scrutinize tax appeals before higher courts
ISLAMABAD: The Federal Board of Revenue (FBR) has proposed Independent Case Scrutiny Committees to prevent the tax department from pursuing...
FBR revises FED rates on domestic & international air travel
ISLAMABAD: The Federal Board of Revenue (FBR) has revised the Federal Excise Duty (FED) rates on domestic and international air...
FBR excludes FTA, PTA customs concessions from 2026 tax expenditure report
ISLAMABAD: The Federal Board of Revenue (FBR) has left customs duty concessions granted under Free Trade Agreements (FTAs) and Preferential...
Pakistan banks expected to report lower Q2 2026 profits
KARACHI: Pakistan’s banking sector is expected to report lower earnings in the second quarter of 2026 as the impact of...
FTO orders FBR to fix IRIS glitches blocking Rs2.3m tax credit
ISLAMABAD: The Federal Tax Ombudsman (FTO) has ruled that the Federal Board of Revenue (FBR) cannot use technical limitations of...
FBR imposes excise duty on e-liquids used in vapes & e-cigarettes
ISLAMABAD: The Federal Board of Revenue (FBR) has for the first time brought e-liquids used in vapes and electronic cigarettes...
PTBA raises legal concerns over fixed Tax Scheme for small shopkeepers
SLAMABAD: The Pakistan Tax Bar Association (PTBA) has expressed serious legal and procedural concerns regarding the Fixed Tax Scheme (FTS)...
SBP directs banks to integrate with PSW price verification portal by July 31
KARACHI: The State Bank of Pakistan (SBP) has directed all commercial banks operating as authorised dealers in foreign exchange to...
