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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
ICCI forms joint committee to address PET bottles, plastic bag regulations
ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has decided to constitute a joint committee comprising representatives of the...
Fiscal deficit falls to 22-year low, tax revenues rise 40pc in two years: Aurangzeb
ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Wednesday said Pakistan’s fiscal deficit had declined to 2.6...
FBR revises steel sector sales tax rules
ISLAMBAD: The Federal Board of Revenue (FBR) has introduced significant changes to sales tax rules governing Pakistan’s steel sector, shortening...
FBR: Customs to collect advance tax on imports in Tax Year 2027
ISLAMABAD: The Federal Board of Revenue (FBR) has outlined provisions governing the collection of advance income tax on imported goods...
FBR decides Rs25,000 penalty for traders filing tax returns after Oct 15
ISLAMABAD: The Federal Board of Revenue (FBR) has decided to impose a Rs25,000 penalty on traders who file income tax...
Pakistan’s two and three-wheeler sales hit record 202,502 units in September
ISLAMABAD: Pakistan’s two- and three-wheeler sales reached an all-time high of 202,502 units in September 2026, crossing the 200,000-unit mark...
Banks refund Rs1.2b to customers in nine months FY26
KARACHI: The Banking Mohtasib Pakistan has resolved 29,001 complaints in favor of bank customers, involving refunds worth Rs. 1.2 billion,...
PRA to strengthen digital monitoring against tax evasion
LAHORE: Punjab Revenue Authority (PRA) here Monday decided to further strengthen its Vigilance Wing alongside digital monitoring to curb tax...
LCCI, NAB resolve to join hands against corruption to promote investment
LAHORE: National Accountability Bureau (NAB) and Lahore Chamber of Commerce and Industry (LCCI) have resolved to strengthen institutional cooperation against...
First shipment of imported wheat to reach Karachi by end of October
KARACHI: The first consignment of imported wheat is expected to arrive at Karachi Port before the end of October as...
SFD reaffirms continued support to Pakistan for its funded projects within mandate
ISLAMABAD: The Saudi Fund for Development (SFD) has reaffirmed its continued support to Pakistan for its funded projects within mandate....
IMF raises Pakistan’s inflation forecast to 9.9pc for FY2026-27
ISLAMABAD: The International Monetary Fund (IMF) has projected Pakistan’s inflation rate to rise to 9.9% in the 2026-27 fiscal year,...
FBR moves to provide tax relief for salaried class in Pakistan
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial has reportedly taken notice of advance income tax notices issued...
Govt retires Rs2.31 trillion in bank borrowing in first quarter of FY2027
KARACHI: The federal government significantly reduced its reliance on bank financing during July–September, while private-sector credit demand remained subdued, according...
Pakistan seeks IFC support for mining infrastructure & private-sector investment
BANGKOK: Pakistan has discussed expanding International Finance Corporation (IFC) support for Reko Diq, mining infrastructure, affordable housing, agriculture and other...
RCCI chief urges diplomats, business leaders to convert linkages into trade, investment
RAWALPINDI: President of the Rawalpindi Chamber of Commerce & Industry (RCCI), Nosherwan Khalil Khan called on diplomatic missions and international...
Torkham border closure causes up to Rs400b in trade losses as thousands lose livelihoods, traders say
PESHAWAR: The year-long closure of the Torkham border crossing since October 2026 has caused estimated economic losses of Rs380 billion...
NCCIA arrests Soneri Bank Operations Manager over alleged sale of customer data
LAHORE: The National Cyber Crime Investigation Agency (NCCIA) has reportedly arrested Imran Ashraf, an operations manager at Soneri Bank, over...
World Bank proposes $200m to improve KP health & education
PESHAWAR: The World Bank has proposed USD 200 million in financing for Khyber Pakhtunkhwa (KP) to broaden its tax base...
SBP profits drop 20pc, but governor salaries skyrocket by 94pc
KARACHI: The State Bank of Pakistan (SBP) just released its annual financial statements for the fiscal year 2025-26. The numbers...
