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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

SHC order declaring transfers, postings of 16 IR, 11 PCS officers legal to be implemented: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) issued a circular — No. 20 (1) S-HRMIR One 2024/177654-R — to the...

Illegal recovery by FBR: President endorses FTO’s landmark decision

ISLAMABAD: President Asif Ali Zardari has confirmed a landmark order issued by Federal Tax Ombudsman (FTO) Dr Asif Jah, who...

Govt decides to shut down utility stores across country

ISLAMABAD: The federal government has decided to shut down utility stores across Pakistan due to financial constraints, Industry and Production...

SBP injects Rs966.5b into market

KARACHI: State Bank of Pakistan (SBP) injected Rs966.5 billion in the market through reverse repo purchase and Shariah Compliant Mudarabah...

Pakistan eyes Turkish expertise to elevate aviation industry

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, while appreciating the success of Turkish aviation industry, said that...

FBR notifies income tax rates for foreign shipping operators

ISLAMABAD: The Federal Board of Revenue (FBR) has officially notified the income tax rates applicable to shipping and air transport...

SCCI delegation meets minister for industries

SIALKOT: A detailed meeting between a delegation of Sialkot Chamber of Commerce and Industries (SCCI) and Minister for Industries, Commerce,...

Pakistan pays $5.66b in interest on international bonds over 19 years

KARACHI: In the past 19 years, Pakistan has paid a substantial amount of $5.66 billion in interest on international Euro...

ADB Country Director calls on President Zardari

ISLAMABAD: Country Director of Asian Development Bank (ADB) Yong Ye called on President Asif Ali Zardari. In the meeting, the...

CCP issues show cause notices to GM Cables, Newage Cables

ISLAMABAD:The Competition Commission of Pakistan (CCP) has issued show cause notices to GM Cables & Pipes (Pvt) Ltd. and Newage...

Aurangzeb invites Dubai Islami Bank to enhance investments

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb has invited the Dubai Islamic Bank to enhance its investment...

ECC accords conditional approval to 0.1 million sugar exports

ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet here on Thursday gave conditional approval to the export of an...

Pakistan’s foreign exchange reserves stand at $14.67b

KARACHI: Pakistan’s total foreign exchange reserves stood at US$ 14. 67 billion as of August 16, showing a slight increase...

Multan I&I impounds illegal HSD from a warehouse located in Qasba Gujrat

MULTAN: In a significant operation, the Regional Directorate of Customs Intelligence and Investigation, Multan, has successfully seized huge quantity of...

LHC challenges DG Customs I&I’s suspension authority under whistleblower law

LAHORE: The Lahore High Court (LHC) took up a significant legal question concerning the suspension of a Federal Board of...

Lahore I&I’s ‘successful’ anti-smuggling operations spark backlash

LAHORE: Directorate of Customs Intelligence & Investigation (I&I), Lahore out-performance is an indication that the Diretorate is strictly following the...

Customs JIAP foils attempt to smuggle contraband goods worth Rs7.5m

KARACHI: Collectorate of Customs team deputed at Jinnah International Airport (JIAP) foiled an attempt to smuggle contraband goods worth Rs7.5...

Pakistan making good progress with IMF for board approval: FinMin

KARACHI: Finance Minister Muhammad Aurangzeb has said that Pakistan is making good progress with the International Monetary Fund (IMF) and...

PM Shehbaz outlines key steps in governance reform, economic digitization

ISLAMABAD: Prime Minister Shehbaz Sharif mentioned that his government had been concentrating on enhancing the governance system through institutional reforms...

FBR imposes 11pc customs duty on 4G MiFi, mobile WiFi modems import