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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

FBR cracks down on sales tax fraud, detains five in nationwide operation

LAHORE: The Federal Board of Revenue’s (FBR) Intelligence and Investigative Department has arrested five individuals involved in a massive sales...

FBR chairman calls for income & corporate tax rate reduction

ISLAMABAD: Chairman of the Federal Board of Revenue (FBR), Rashid Mahmood Langrial, emphasized the need to fix and reduce income...

LCCI urges govt to stop FBR’s raids on industrial units

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) raised alarm over the Federal Board of Revenue’s (FBR) raids on...

Pakistan, Kyrgyzstan vow to boost bilateral trade

ISLAMABAD: In a bid to boost economic cooperation, Pakistan and Kyrgyzstan here on Wednesday recognized significant potential for increasing trade...

FBR implements FTO recommendation to introduce online module

ISLAMABAD: The Federal Board of Revenue (FBR) has implemented a key recommendation of the Federal Tax Ombudsman (FTO) to introduce...

FBR targets CFOs in crackdown on forge/fake sales tax returns

ISLAMABAD: The Federal Board of Revenue (FBR) has announced plans to hold Chief Financial Officers (CFOs) accountable for the integrity...

FTO Asif Mehmood Jah detects maladministration by tax officers of RTO Multan

MULTAN: The Federal Tax Ombudsman (FTO) has identified a serious case of maladministration involving tax officers at the Regional Tax...

PHMA raises alarm over Customs Valuation Ruling No.1908/2024

MULTAN: The Pakistan Hardware Manufacturers Association (PHMA), a longstanding representative body for hardware and tools traders for over six decades,...

Torkham Customs foils bid to smuggle arms & ammunition

TORKHAM: Collectorate of Customs thwarted an attempt to smuggle arms and ammunition from Afghanistan into Pakistan via the Torkham border....

SHC suspends verdict of CAT in SCRA filed against Unilever Pakistan

KARACHI: Sindh High Court (SHC) customs appellate bench suspended the verdict of Customs Appellate Tribinal (CAT) while hearing a Special...

FBR extends deadline to file income tax returns till Oct 31

ISLAMABAD: The Federal Board of Revenue (FBR) has extended the date for filing income tax returns for the second time...

FTO summons FBR members for not taking action against persons involved in selling NCP products

ISLAMABAD: The Federal Tax Ombudsman (FTO) has summoned Member Operations-IR and Member Customs Operations Federal Board of Revenue (FBR) on...

Saudi delegation’s visit a significant milestone in bilateral ties: President ICCI

ISLAMABAD: Nasir Mansoor Qureshi, President Islamabad Chamber of Commerce and Industry has commended the recent visit of a high-level Saudi...

Govt to repeal income tax exemptions for non-profits, introduce tax credits

MULTAN: In a pivotal move aimed at overhauling the tax framework, the government has announced the repeal of remaining income...

Pakistan Single Window partners with FTSL to enhance trade price verification for banks

MULTAN: In a strategic collaboration, Pakistan Single Window (PSW) has teamed up with Fintech Transformation Services (Private) Limited (FTSL) to...

Pakistan to pay $30b in external debt in FY25: SBP

KARACHI: Pakistan faces a significant challenge with foreign debt repayments reaching $30.35 billion in FY25. The upcoming year (August 2024...

FBR denies any further extension in returns filing deadline

ISLAMABAD: The Federal Board of Revenue (FBR) denied the possibility of further extension in the returns filing deadline. FBR spokesperson,...

private or public insurance hospital school or domain

Govt to privatize 24 SOEs during next five years

ISLAMABAD: The federal government after getting the nod from the cabinet finalized a list of 24 state-owned entities which will...

FinMin Aurangzeb highlights Chinese investments in Pakistan

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb highlighted China’s significant investments in Pakistan, particularly in the China-Pakistan...

ADB appoints new country director for Pakistan