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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
Faceless Customs Assessment system at Karachi implemented
ISLAMABAD: Under the Transformation Plan, the Federal Board of Revenue (FBR) is going to implement the Faceless Customs Assessment (FCA)...
Karachi LTO collects Rs1.11 trillion in 5MFY25
KARACHI: The Large Taxpayers Office (LTO) Karachi achieved a groundbreaking milestone, collecting a record Rs1.11 trillion in the first five...
FCCI to sensitize departments for operation of big planes from Faisalabad
FAISALABAD: The Faisalabad Chamber of Commerce & Industry (FCCI) will sensitize departments concerned to start an operation of big planes...
Govt decides to cancel agreements with six more IPPs
ISLAMABAD: The federal government of Pakistan has decided to terminate agreements with six more Independent Power Producers (IPPs) to reduce...
1100 TEU Container Ship Project revived due to SIFC’s efforts
KARACHI: The Special Investment Facilitation Council (SIFC) has successfully facilitated the revival of a comprehensive shipbuilding project. The $24.75 million...
Pakistan, ADB sign $330m social protection agreement
ISLAMABAD: Pakistan and Asian Development Bank (ADB) signed a loan agreement for the Integrated Social Protection Development Program (ISPDP) Additional...
FBR suspends nine IR officials over violations of conduct
ISLAMABAD: The Federal Board of Revenue (FBR) has taken decisive disciplinary action by suspending nine officials of the Inland Revenue...
Govt refutes report World Bank cancelled Pakistan loan
ISLAMABAD: Ministry of Economic Affairs strongly rejects the misleading claims made in a news article published by the Express Tribune...
Over 98pc of depositors eligible for protection in case of bank failure: SBP
KARACHI: The State Bank of Pakistan (SBP) said that 78.3 million depositors, accounting for 98.9% of all depositors, are eligible...
Petrol price likely to increase slightly, diesel cost to decline
ISLAMABAD: A small hike of Re0.81 per litre in petrol prices and a moderate reduction of Rs3.94 per litre in...
APTMA urges FBR to revisit new customs system
ISLAMABAD: All Pakistan Textile Mills Association (Aptma) has urged the Federal Board of Revenue (FBR) to review new system in...
High-value diamonds worth Rs18m seized at Lahore Airport
LAHORE: Customs officers deputed at Allama Iqbal International Airport (AIIA) made a significant seizure of high-value goods, including diamonds, medicines,...
Pakistan’s foreign reserves reach $16.6b
KARACHI: The State Bank of Pakistan (SBP) witnessed a surge in the foreign exchange reserves with a reported increase of...
IT sector key to economic growth: Finance Minister
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb here on Friday underscored the IT sector’s critical role as...
PM directs further reduction of power tariff, stresses prioritizing low-cost power projects
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Friday directed the relevant authorities to further reduce power tariffs and expedite the...
Customs AIIA thwarts smuggling attempt, seize mobile phones worth Rs14.5m
LAHORE: In yet another crackdown on smugglers, the Customs officers deputed at Allama Iqbal International Airport (AIIA) successfully intercepted a...
World Bank cancels $500m loan to Pakistan
ISLAMABAD: The World Bank has cancelled over $500 million in budget support loans to Pakistan after Islamabad failed to meet...
Pakistan raises record Rs8.4b in 2024 through 7 IPO’s
ISLAMABAD: The Pakistan Stock Exchange (PSX) recorded its best year for Initial Public Offerings (IPOs) since 2021, raising Rs8.4 billion...
PM Shehbaz forms investigation team for sales tax evasion
ISLAMABAD: Prime Minister Shehbaz Sharif has taken decisive action against sales tax fraud by forming a high-powered joint inquiry team...
FBR’s customs reforms aim to streamline operations, curb smuggling
MULTAN: The Federal Board of Revenue (FBR) has introduced significant reforms in the Customs Department, aimed at reducing inefficiencies, combating...
