Latest News
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
CDNS revises target of Rs40b for Islamic Finance in FY 2024-25
ISLAMABAD: The Central Directorate of National Savings (CDNS) has revived the annual collection target and set Rs40 billion in investment...
SFD, Pakistan ink pacts worth $1.61b
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif and Chief Executive Officer of Saudi Fund for Development (SFD) Sultan Abdulrahman Al-Marshad on...
Sindh approves Agri Tax Bill, income above Rs150m to be taxed up to 10pc
KARACHI: The Sindh cabinet has approved the Agriculture Income Tax Bill 2025, aligning with an International Monetary Fund (IMF) requirement....
Transparent tax system should be adopted to avoid tax evasion: Experts
MULTAN: Tax experts have raised urgent concerns about Pakistan’s complex tax laws, which they argue are driving individuals and businesses...
Pakistan, Saudi Arabia SAIs fostering deeper cooperation
ISLAMABAD: The Office of the Auditor-General of Pakistan and General Court of Audit (GCA) of the Kingdom of Saudi Arabia...
Azerbaijan envoy urges to strengthen trade, investment cooperation
ISLAMABAD: The Ambassador of Azerbaijan to Pakistan, Khazar Farhadov, has stated that it is essential to strengthen trade and investment...
ECC urges tangible relief measures for common man amid declining inflation
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet here on Monday, while expressing satisfaction over declining inflation, urged that...
Pakistan Customs foils bid to smuggle foreign currency worth Rs5.45m to Dubai
MULTAN: In a successful operation, the Pakistan Customs team deputed at Multan International Airport thwarted a currency smuggling attempt and...
A Customs Insight: Implementation & Action on selected laws
Written by Advocate Muhammad Idrees Yahya Over time, FBR has done a remarkable job in getting the Customs Act and...
SBP governor advises banks to promote climate resilient, technology based agri-financing
MULTAN: The State Bank of Pakistan (SBP) convened the Agricultural Credit Advisory Committee (ACAC) reaffirming its commitment to boosting agriculture...
Iranian envoy calls for strengthening trade, economic ties
RAWALPINDI: The Ambassador of Iran to Pakistan, Reza Amiri-Moghaddam called for further strengthening Pak-Iran bilateral trade ties. He highlighted the...
FBR foils attempt to game the Faceless Customs Assessment System
ISLAMABAD: Pakistan Customs has successfully foiled an attempt to game the Faceless Customs Assessment System (FCAS), a newly launched system...
FBR falls short of its January target by Rs80b
ISLAMABAD: The Federal Board of Revenue (FBR) fell short of its tax collection target of January by Rs80 billion as...
Govt diverts two LNG cargoes to international market
KARACHI: Pakistan LNG Limited (PLL), a government company, has diverted two LNG cargoes from ENI, expected to arrive here in...
Govt hikes petroleum prices by up to Rs7 per litre
ISLAMABAD: The government has increased the price of petrol by Re1 per litre, setting the new price at Rs257.13 per...
Govt likely to raise petrol, diesel prices tonight
ISLAMABAD: The government is expected to raise the price of petrol by Rs1.24 per litre and diesel by Rs4.49 per...
PTA reminds int’l travelers to pay FBR taxes for Mobile Device Registration under DIRBS
ISLAMABAD: The Pakistan Telecommunication Authority (PTA) reminds international travelers bringing mobile devices into Pakistan to fulfil their tax obligations as...
Pakistan’s total liquid foreign reserves $16.05b
KARACHI: The total liquid foreign reserves of Pakistan stood at US$ 16,052.1 million while the SBP reserves recorded as $...
Govt’s prudent policies result in sharp decline in inflation rate
ISLAMABAD: The prudent policies, administrative measures and relief measures implemented by the government helped in effectively curb inflationary pressures amid...
‘FBR’s new tax reforms spark concerns over public hardship’
MULTAN: The Federal Board of Revenue (FBR) has recently introduced significant changes to Pakistan’s tax regulations causing severe negative impact,...
