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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
SBP, banks to remain closed for public dealing on Jan 1, 2025
KARACHI: The State Bank of Pakistan (SBP), all banks and financial institutions will observe Bank Holiday on Wednesday and remain...
Pakistan posts $729m current account surplus in November 2024
KARACHI: The country’s economy achieved a record current account surplus of 729 million dollars (72 crore and 90 lakh dollars)...
Govt likely to increase petroleum prices by Rs4 on New Year night
ISLAMABAD: The government is likely to increase the petroleum prices by Rs4 on New Year night. According to sources, the...
Customs AIIA foils bid to smuggle 37 iPhones worth Rs11.5m
LAHORE: Under the supervision of Collector Tayyeba Kayani, a customs team deputed at Allama Iqbal International Airport (AIIA) foiled an...
FBR refuses to share tax data with provinces over agri tax dispute
ISLAMABAD: The Federal Board of Revenue (FBR) has refused to share income tax returns with provincial authorities, citing confidentiality under...
FBR announces tax exemption for overseas Pakistanis sans ATL listing
MULTAN: The Federal Board of Revenue (FBR) has announced a significant update regarding tax exemptions for overseas Pakistanis, allowing them...
Changes in tax laws approved for further strictness on non-filers
LAHORE: The Senate Standing Committee on Finance has unanimously approved the Tax Laws Amendment Bill 2024, introducing sweeping changes to...
SECP approves Stock split guidelines
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has given approval to the Pakistan Stock Exchange Limited (PSX) to...
Tax evasion to be dealt with iron hand: Khurram Shahzad warned
ISLAMABAD: Advisor to the Finance Minister Khurram Shahzad Friday announced that FBR has collaborated with the National Database and Registration...
Indicators signify optimistic economic outlook: Finance Ministry
ISLAMABAD: The country’s economy has demonstrated sustained positive developments during the first five months of the current fiscal year, indicating...
SBP forex reserves dip due to debt payments
ISLAMABAD: The total liquid foreign reserves held by the country stood at $16,371.5 million as of December 20, 2024, State...
Customs values of plastic beads revised vide VR No. 1942/2024
KARACHI: Directorate-General Customs Valuation revised customs values of plastic beads vide Valuation Ruling No. 1942/2024. VR 1942 - Plastic BeadsDownload
DG Valuation issues customs values of glass refills for vacuum flasks vide VR No. 1941/2024
KARACHI: Directorate-General Customs Valuation revised customs values of glass refills for vacuum flasks vide Valuation Ruling No. 1941/2024. VR 1941...
DG Valuation revises customs values of chain parts vide VR No. 1940/2024
KARACHI: Directorate-General Customs Valuation revised customs values of chain parts vide Valuation Ruling No. 1940/2024. VR 1940 - Chain PartsDownload
DG Valuation determines customs values of glassware vide VR No. 1935/2024
KARACHI: Directorate-General Customs Valuation revised customs values of cigarette paper vide Valuation Ruling No. 1935/2024. VR 1935 - Cigarette PaperDownload
DG Valuation revises customs values of cashew nut vide VR No. 1934/2024
KARACHI: Directorate-General Customs Valuation revised customs values of cashew nut vide Valuation Ruling No. 1934/2024. VR 1934 - Cashew NutDownload
Rental income, capital gains from UAE & UK exempted from taxes in Pakistan: ATIR
MULTAN: A division bench of the Appellate Tribunal Inland Revenue (ATIR) has delivered a significant ruling stating that under the...
FBR mandates online banking for property transactions amid rising taxes in Punjab
LAHORE: The Federal Board of Revenue (FBR) has set that transactions regarding the buying and selling of property should be...
OGDCL discovers natural gas reserves in Khyber Pakhtunkhwa
PESHAWAR: The Oil and Gas Development Company Limited (OGDCL) has discovered substantial natural gas reserves in Khyber Pakhtunkhwa province. The...
PCA South files FIR against M/s Deenar Industries Pvt Ltd for misusing EFS facility
KARACHI: Under the supervision of Director-General Zulfikar Ahmad Chaudhry Post Clearance Audit (PCA) South has detected another EFS fraud perpetrated...
