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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 faces rise in nil-filers as 68pc of tax returns declare zero income
LAHORE: The Federal Board of Revenue (FBR) is grappling with a major issue as nil-filers surged to 68 percent of...
FBR chairman directs all heads of field formations to endorse action against officials seeking choice postings
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Mahmood has directed all heads of field formations to certify/endorse action against...
PTBA seeks extension in date for filing tax returns
KARACHI: The Pakistan Tax Bar Association (PTBA) has taken a stand for taxpayers by formally requesting Prime Minister Shehbaz Sharif...
Customs field formations to remain operational on Sep 28 & 29 for collection of duties, taxes
ISLAMABAD: The Federal Board of Revenue (FBR) has extended collection timings for Pakistan Customs, aiming to generate additional revenue through...
UK trade commissioner meets Jam Kamal, discusses bilateral ties
ISLAMABAD: The United Kingdom (UK) Trade Commissioner Oliver Christian met with Federal Minister for Commerce Jam Kamal Khan to explore...
SBP extends date for imports of cash US dollar till June 30, 2025
KARACHI: The State Bank of Pakistan (SBP) has extended the deadline of import of cash US Dollars by exchange companies...
PIA signs MoU with Saudi firm to facilitate Pakistani tourists
KARACHI: Pakistan International Airlines (PIA) and Funadiq Travel and Tourism Services, the official marketing representative of the Saudi Tourism Authority...
Multan RTO to benefit from proposed amendments to Tajir Dost Scheme
MULTAN: In a significant development for traders in Multan and South Punjab, Chief Coordinator of the Tajir Dost Scheme, Mohammad...
Tajikistan to import 40,000 metric tons of sugar from Pakistan
ISLAMABAD: Tajikistan will sign an agreement to import 40,000 metric tons of sugar from Pakistan, while the Trade Corporation of...
Pakistan to save $3-3.5b as international oil prices drop
PESHAWAR: A significant expected decline in oil prices in the global market is going to bring considerable economic relief to...
ICCI elects Nasir Mansoor Qureshi as President
ISLAMABAD: The election for the office bearers of Islamabad Chamber of Commerce and Industry (ICCI) was held at Chamber House...
Pakistan’s regional exports increase 14pc during July-August 2024
ISLAMABAD: Pakistan’s exports to the seven regional countries increased by 14.05 percent in the first two months of the current...
FBR to start crackdown against non-filers from October 1, 2024
ISLAMABAD: The Federal Board of Revenue (FBR) has decided to launch a stringent crackdown against non-filers starting October 1. This...
SHC issues notices to FBR for not allowing input tax adjustments
KARACHI: Sindh High Court (SHC) has issued notices to the Federal Board of Revenue (FBR) for not allowing input tax...
FBR struggles to achieve tax collection target
LAHORE: The Federal Board of Revenue (FBR) is facing challenges in achieving its monthly targets, with only 43% of the...
Finance Ministry lays out plan to deal with Rs71 trillion debt
ISLAMABAD: The Ministry of Finance has unveiled a comprehensive plan to address massive debt burden exceeding Rs71 trillion. The government...
Farmers reject FBR’s proposal to hike sales tax on tractors
KARACHI: The Sindh Chamber of Agriculture on Sunday strongly opposed the Federal Board of Revenue's (FBR) proposal to raise the...
EDF Board approves 20 proposals of worth Rs8.5b for textile, Agri, global
ISLAMABAD: The Export Development Fund (EDF) has approved 20 proposals of worth Rs 8.5 billion for initiatives targeting textiles, agriculture,...
Mini-budget worth Rs1 trillion on cards
ISLAMABAD: Following reports of Rs150 billion shortfall in tax collection by the Federal Board of Revenue (FBR) a proposal to...
Six bidders pre-qualified for PIA privatisation; auction set for October 1
LAHORE: The Privatisation Commission of Pakistan has pre-qualified six bidders for the sale of Pakistan International Airlines (PIA), including Fly...
