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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
No cyber threat exists for ATM, online banking: 1LINK
ISLAMABAD: 1LINK (Pvt) Limited has clarified that there was no observed cyber threat to the automated teller machine (ATM) and...
FBR imposes major penalty on Inspector Ikram Sheikh for corruption
ISLAMABAD: An official of Pakistan Customs has been slapped with a major penalty following charges of corruption, misconduct, and inefficiency....
Customs seizes 2kg of high-quality heroin at Karachi Airport
KARACHI: Collectorate of Customs Jinnah International Airport (JIAP) made their largest-ever heroin seizure on Sunday. Sources told Customs Today that...
Tajir Dost Scheme: FBR notifies Karachi traders to pay Rs60,000 advance tax
KARACHI: The Federal Board of Revenue (FBR) notified traders in Karachi, demanding an advance tax payment of Rs 60,000 per...
IR Internal Audit submits challan against Al-Junaid Impex
KARACHI: The Directorate of Internal Audit-Inland Revenue has submitted an interim challan against Al-Junaid Impex. The firm is functioning as...
Pakistan’s current account posts $162m deficit in July
KARACHI: Pakistan has recorded a current account deficit of $162 million, the latest data issued by the State Bank of...
Multan Customs fetches Rs13.47m from auction of confiscated vehicles, goods
MULTAN: Collectorate of Customs Enforcement has generated Rs13.47 million through the auction of confiscated vehicles and miscellaneous goods. The auction...
Anti-business policies: Traders to hold nationwide strike on August 28
MULTAN: The Central Organization of Traders (Markazi Tanzeem Tajiran) and the All Pakistan Anjuman-e-Tajiran, two of the country’s leading traders'...
RCCI celebrates 77th Independence Day of Pakistan
RAWALPINDI: A grand ceremony was organized on the occasion of 77th Independence Day of Pakistan at the Rawalpindi Chamber of...
Electricity price in Pakistan likely to be reduced
ISLAMABAD: The Central Power Purchasing Agency (CPPA) has submitted an application to the National Electric Power Regulatory Authority (Nepra) requesting...
FBR extends deadline to file sales tax, federal excise returns
ISLAMABAD: The Federal Board of Revenue (FBR) has announced an extension for the submission of sales tax and federal excise...
Diamond Paints slapped with Rs5m fine for deceptive marketing
LAHORE: The Competition Commission of Pakistan (CCP) took decisive action against M/s Diamond Paint Industries (Pvt) Ltd., imposing a penalty...
Pakistan’s internet firewall could cost economy $300m, association says
KARACHI: Pakistan's economy could lose up to $300 million due to internet disruptions caused by imposition of a national firewall,...
SBP enhances clean lending limit for SME’s to Rs10m
KARACHI: The State Bank of Pakistan (SBP), in order to facilitate Small and Medium-sized Enterprise (SME) sector’s access to finance...
Pakistan’s internet firewall could cost economy $300m, association says
KARACHI: Pakistan's economy could lose up to $300 million due to internet disruptions caused by imposition of a national firewall,...
FBR notifies new procedure for sales tax registration
ISLAMABAD: In a move aimed at simplifying tax compliance, the Federal Board of Revenue (FBR) has introduced a streamlined procedure...
Customs Enforcement foils bid to smuggle hashish worth Rs12m to Karachi
KARACHI: Collectorate of Customs Enforcement thwarted an attempt to smuggle huge quantity of hashish from Balochistan to Karachi. The total...
Punjab imposes hefty new tax on salaries
LAHORE: The Punjab government has introduced a professional tax by amending the Punjab Finance Act of 1977, sparking concerns among...
ICCI tourism summit in Skardu wins accolades from diplomatic community
ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) is playing a vital role in promoting Pakistan’s tourism potential and the...
Pakistan’s foreign exchange reserves stand at $14.64b
KARACHI: Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by US$ 119 million to US$...
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