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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
SBP injects Rs9.545 trillion into market
KARACHI: The State Bank of Pakistan (SBP) injected Rs9,545 billion in the market through reverse repo purchase and Shariah Compliant...
FBR committed to resolve taxpayer issues in KP, assures chairman
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Malik Amjad Zubair assured Governor Khyber Pakhtunkhwa (KP) Faisal Karim Kundi of resolving...
Probe into corruption charges: FBR member fails to appear before FIA, files reply through his lawyer
ISLAMABAD: Federal Board of Revenue’s Member Operation, Inland Revenue, Mir Badshah Wazir, who had been summoned by the FIA to...
Pakistan faces shortfall in external debt, secures only $9.81b
LAHORE: The Economic Affairs Division has released a comprehensive report on external financial assistance and loans for Pakistan, revealing a...
Finance Minister briefs Chinese officials on reform agenda, engagement with IMF
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, during a meeting with high-ranking officials from the Chinese institutions,...
ADB approves $400m flood recovery loan for Pakistan
ISLAMABAD: The Asian Development Bank (ADB) on Friday approved a $400 million concessional loan to support the reconstruction of houses...
PRA to unveil new Punjab sales tax on services return to strengthen tax business processes
LAHORE: Punjab Revenue Authority (PRA) all set to launch new Punjab sales tax on services return considering it a giant...
Multan I&I seizes smuggled polyester cotton fabric near Bano Market Khanewal Road
MULTAN: In a significant enforcement action, the Customs Intelligence Field Unit in Multan seized a considerable quantity of foreign-origin polyester...
Pakistan Customs holds three days workshop to revamp operational strategy
ISLAMABAD: Pakistan Customs has taken a significant step forward by hosting a three-day workshop with international experts following the completion...
SBP to announce monetary policy on July 29
KARACHI: The State Bank of Pakistan (SBP) will announce Monetary Policy on July 29 in a meeting of the Monetary...
PM reaffirms Pakistan’s support to ECO in boosting intra-regional trade
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif reaffirmed his commitment that Pakistan would continue to lend its full support to Economic...
Pakistan’s foreign exchange reserves stand at $14.3b
KARACHI: Pakistan’s total foreign exchange reserves stood at US$14.34 billion as of 19th July. The central bank in a statement...
Fake bank guarantees worth Rs15.33m: FIRs registered against M/s Gomruk Forwarding Company
KARACHI: Directorate of Transit Trade (DTT) Karachi has registered FIRs against M/s Gomruk Forwarding Company, MCB Bank Hasan Square Branch,...
China reaffirms support to Pakistan’s economic growth
BEIJING: The assurance was given by China's Minister of Finance Lan Fo'an during his meeting with Finance Minister Senator Muhammad...
SHC adjourns hearing of petition filed by M/s China Textile Curtains & Blanket Industry
KARACHI: A Sindh High Court (SHC) custom appellate bench adjourned hearing of contempt petition filed by M/s China Textile Curtains...
FBR to set up special wing to investigate tax fraud cases
ISLAMABAD: The Federal Bureau of revenue (FBR) decided to establish a special wing to investigate tax fraud cases. A person...
Access to bank accounts for collecting WHT stirs controversy
MULTAN: The Federal Tax Ombudsman (FTO) has stirred controversy by recommending that the Federal Board of Revenue (FBR) grant its...
German envoy for developing synergies for bilateral trade expansion
LAHORE: German Ambassador Alfred Grannas stressed on developing synergies in bilateral trade expansion, mutual capacity building in textile sectors and...
Pakistan to pay Rs2091b in capacity payments to IPPs in FY2024-25
KARACHI: The Government of Pakistan has estimated capacity payments to IPPs amounting to Rs 2,091 billion for the current fiscal...
IMF highlights ‘loopholes’ in Pakistan’s failure to increase exports
KARACHI: The International Monetary Fund (IMF) has identified loopholes in Pakistan’s failure to increase its exports. The international lender has...
