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Cotton prices surge as Pakistan’s ginning season begins in second week of May for first time

RCCI urge govt to withdraw smart lockdown in view of Eid Alzuha

Pakistan assures IMF it will expand banks’ access to monitor suspicious financial activity

Rising investor interest drives sharp increase in registered prize bond holdings amid documentation push

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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

Multan Customs loses key jurisdictions amid FBR’s restructuring

MULTAN: In a sweeping restructuring effort by the Federal Board of Revenue (FBR), the jurisdiction of Multan Customs has seen...

PSO teeters on the edge of default as circular debt reaches whooping Rs782bn

ISLAMABAD: The Pakistan State Oil (PSO) reported to have accrued as much as Rs782 billion in cumulative circular debt, landing...

Saudi investment in Pakistan to ‘reach $2.8b as new deals signed’

RIYADH: In a positive development, Saudi Arabia on Wednesday announced adding another $600 million to its recently pledged $2.2 billion...

October 31 is last date for filing income tax returns

ISLAMABAD: Only one-day left for filing income tax returns for fiscal year 2024 which already approaching fast. Prior to this...

FBR hikes property valuation by up to 75pc in 56 cities

ISLAMABAD: The Federal Board of Revenue (FBR) updated the valuation rates for immovable properties in 56 cities, setting them at...

FBR transfers 14 PCS officials of BS-20-21 in major shake-up

ISLAMABAD: The Federal Board of Revenue (FBR) has issued notification for transfer and posting of top Pakistan Customs Service (PCS)...

Pakistan Railways pushes for 130pc cost hike for bogie procurement

ISLAMABAD: Pakistan Railways (PR) is pushing for a 130% increase in the procurement cost for 1,050 bogies, raising the budget...

FBR fines cement company over Rs15m for tax evasion

KARACHI: The Federal Board of Revenue (FBR) has initiated a detailed examination of the cement sector following the imposition of...

PM Shehbaz arrives in Saudi Arabia to attend Future Investment Initiative summit

RIYADH: Prime Minister Shahbaz Sharif arrived in Riyadh, Saudi Arabia on Tuesday on a two-day visit to strengthen bilateral ties...

Govt forms task force to digitize FBR

LAHORE: The government has formed a 10-member task force to digitize the Federal Board of Revenue (FBR) with the support...

APP71-281024
ISLAMABAD: October 28 - The Country Director Asian Development Bank (ADB) Ms. Emma Fan called on Chairman FBR Mr. Rashid Mahmood Lagrial today at Federal Board of Revenue Headquarters. APP/TZD/FHA

ADB Country Director calls on Chairman FBR

ISLAMABAD: The Country Director Asian Development Bank (ADB) Ms. Emma Fan called on Chairman Federal Board of Revenue (FBR) Rashid...

LCCI calls for global attention to HR violations in IIOJK

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) observed Kashmir Black Day on Sunday, shedding light on the continuous...

Customs JIAP recovers 1.25kg of marijuana at IMO Karachi

KARACHI: Collectorate of Customs at Jinnah International Airport (JIAP) has seized 1.25 kilograms of marijuana (cannabis) at the International Mail...

FBR receives 4.821m tax returns up to Oct 26th

MULTAN: The Federal Board of Revenue (FBR) has received 4.821 million income tax returns for Tax Year 2024 up to...

Petrol, diesel prices likely to fall on November 1

ISLAMABAD: The prices of petroleum products are likely to decrease by Rs2 to Rs3 per litre with effect from November...

FBR shifts Customs I&I role to field formations: Sources

LAHORE: The Federal Board of Revenue (FBR) has decided to shift the responsibility of customs enforcement from the Directorate General...

FBR rebuts misleading claims regarding DG Customs I&I

ISLAMABAD: Federal Board of Revenue (FBR) issued a rebuttal addressing recent misleading claims from certain sections of media that misrepresented...

Customs NIIA recovers 16 iPhones from steward of PIA

ISLAMABAD: Customs officials at New Islamabad Airport have seized 16 expensive iPhones from a steward of Pakistan International Airlines (PIA)...

FinMin Aurangzeb laments lack of trade with neighbours

WASHINGTON: As the incumbent government strives to bring economic stability to the country, Finance Minister Muhammad Aurangzeb has expressed displeasure...

All rating agencies say Pakistan’s economy on right track: Aurangzeb