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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
FBR recovers Rs23b in windfall tax revenue
LAHORE: The Federal Board of Revenue has recovered Rs23 billion from 16 banks as part of the windfall tax collection...
SBP grants licence to Wemsol for commercial operations
KARACHI: The State Bank of Pakistan (SBP) has licenced Wemsol Private Limited to begin operations as an electronic money institution...
Pakistan’s total liquid foreign reserves $15.93b
KARACHI: The total liquid foreign reserves of Pakistan stood at US$ 15,925.7 million as of February 21 while the reserves...
PFC sends budget proposals to federal govt
LAHORE: The Pakistan Furniture Council (PFC) has sent a comprehensive set of 20 budget proposals to the federal government, aimed...
Hutchison Ports discusses $1b investment plan with Finance Minister
ISLAMABAD: A high-level delegation of Hutchison Ports presented their upcoming investment plan of US$1 billion, aimed at upgrading existing terminals...
Closure of Pak-Afghan border crossing disrupts trade
PESHAWAR: A nearly weeklong closure of a key crossing on the Afghanistan-Pakistan border has disrupted bilateral trade and the movement...
MUFAP delegation meets Finance Minister, discuss mutual fund industry growth
ISLAMABAD: A delegation of the Mutual Funds Association of Pakistan (MUFAP) met with Minister for Finance and Revenue Senator Muhammad...
Multan Enforcement seizes Indian origin painkiller “Tradadol” worth Rs8b
MULTAN: Collectorate of Customs Enforcement has seized huge consignment of highly addictive Indian-made painkiller ‘Tramadol’ valued at almost Rs8 billion....
FTO seeks tax exemption on bun & rusk in Budget 2025
MULTAN, February 26: The Federal Tax Ombudsman (FTO) has strongly recommended that the Federal Board of Revenue (FBR) consider granting...
Ch. M. Khalid Asad elected president of Multan Tax Bar Association for 2025-26
MULTAN, Feb 26: The Multan Tax Bar Association (MTBA) affiliated with the Pakistan Tax Bar Association, successfully concluded its election...
TDAP Chief Executive Faiz Ahmad Chadhar meets business community
SIALKOT: Trade Development Authority of Pakistan (TDAP) Chief Executive Faiz Ahmad Chadhar met stakeholders from the textile and apparel industry...
Pakistan sets Nisab of Zakat at Rs179,689 for Year 2025
ISLAMABAD: Pakistan has officially announced the Nisab of Zakat for the Zakat Year 1445-46 AH, setting it at Rs179,689. The...
Pakistan-Bangladesh ties: A game-changer in South Asia
KARACHI: After 15 years, Pakistan exported 26,000 metric tons rice, with more shipments on the way. Demand for Pakistani cotton,...
Simplified taxation process to be operational soon: Finance Minister Aurangzeb
PESHAWAR: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has saidSAA that sustainable and inclusive economic growth imperative for...
Economy stays positive as indicators show good performance: Finance Ministry
ISLAMABAD: The country’s economy continued to demonstrate positive developments during July-January (FY2025), as evidenced by improvements in key economic indicators,...
Pakistan, Uzbekistan vow to take bilateral trade to $2b; exploit connectivity, tourism potential
TASHKENT: Pakistan and Uzbekistan on Wednesday vowed to take the volume of bilateral trade from current $400 million to $2...
Exporters urge FBR to revise FASTER refund cap
MULTAN: The Multan Tax Bar Association (MTBA) has urged the Federal Board of Revenue (FBR) to address the limitations imposed...
Govt to exempt rules for Port Qasim Authority terminal
KARACHI: The government has agreed to offer exemption to Pakistan International Bulk Terminal Limited (PIBTL) for utilising its facility for...
FBR taking strict action against fake, forge invoices Mukhtiar Hussain Tamim
MULTAN: Federal Board of Revenue (FBR) started crackdown against persons who were involved in submitting fake and forge invoices while...
Iran, Pakistan sign MoU to take trade volume to $10b
LAHORE: Pakistan and Iran have signed a memorandum of understanding (MoU) aimed at taking bilateral trade volume to $10 billion....
