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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 to increase immovable property valuation by up to 75pc

LAHORE: The Federal Board of Revenue (FBR) has decided to increase property valuations by up to 75 percent. Property valuations...

Karachi Enforcement recovers smuggled skimmed milk powder worth Rs53m from SITE Area

KARACHI: Collectorate of Customs Enforcement recovered 73.75 tons of smuggled goods from a godown located on Fakhruddin Valika Road SITE...

SHC directs to release goods imported by M/s Faisalabad Oil Refinery after paying disputed amount

KARACHI: Sindh High Court (SHC) customs appellate bench directed to release goods imported by M/s Faisalabad Oil Refinery after paying...

Collector Imran Bukhari to conduct probe regarding smuggling of solvent oil

ISLAMABAD: Federal Board of Revenue (FBR) has appointed Collector Customs Multan Imran Sajjad Bukhari as Inquiry Officer to conduct probe...

Attempt to smuggle expensive mobile phones foiled at Peshawar Airport

PESHAWAR: Collectorate of Customs Peshawar during on-going anti-smuggling campaign foiled an attempt to smuggle 35 expensive mobile phones at Bacha...

President SCCI for government’s patronage to furniture industry

PESHAWAR: President Sarhad Chamber of Commerce and Industry Fazal Moqeem Khan on Friday said the furniture industry has an important...

SMEDA launches digital literacy training for women entrepreneurs

LAHORE: The Small and Medium Enterprises Development Authority (SMEDA), in collaboration with the Asian Development Bank (ADB), has officially launched...

ECC allows additional export of 0.5 million MT of surplus sugar

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved export of 500,000 metric tonnes of surplus sugar keeping in...

Share of digital payments surged to 84pc in FY-24: SBP

KARACHI: The State Bank of Pakistan, Friday, said that ongoing transformation of Pakistan’s payment landscape towards digital payments underwent significant...

FBR issues warning for ‘under-filers’ as tax deadline approaches

ISLAMABAD: The Federal Board of Revenue (FBR) has announced strict measures against individuals who under-file their taxes, urging compliance as...

More taxes, tariff hike: IMF unveils strict conditions for Pakistan’s loan

ISLAMABAD: The International Monetary Fund (IMF) has unveiled the strict conditions associated with its new $7 billion bailout package for...

FinMin Aurangzeb announces punishments for corporate tax evaders

ISLAMABAD: Federal Finance Minister Muhammad Aurangzeb has said that big companies are responsible for about half of the total tax...

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired the meeting of the Cabinet Committee on State-Owned Enterprises (CCoSOEs) at the Finance Division, Islamabad on October 11, 2024.

Finance Minister chairs CCoSOEs meeting