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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
Pakistan’s imports from Iran increase by 25pc in January
KARACHI: Pakistan’s imports from Iran have surged despite recent tension between the two countries. Pakistan’s imports from Iran increased to...
Peshawar High Court strikes down Section 7E of Income Tax Ordinance 2001
PESHAWAR: The Peshawar High Court (PHC) has struck down Section 7E of the Income Tax Ordinance, 2001, terming it beyond...
Multan Enforcement foils bid to smuggle foreign currency
MULTAN: Collectorate of Custom Enforcement team deputed at Multan International Airport foiled a bid to smuggle huge quantity of foreign...
Pakistan approves hike in gas tariff
ISLAMABAD: The caretaker government on Wednesday conceded to the conditions of the International Monetary Fund (IMF), resulting in a notable...
FTO decides Rs17,742.16m refund claims in 2023
LAHORE: The Federal Tax Ombudsman (FTO) has addressed the grievances of the taxpayers by processing 8,963 cases with an implementation...
FBR approves appointment of 156 officers in Pakistan Customs
ISLAMABAD: The Federal Board of Revenue (FBR) has announced the appointment of 156 officers in BS-16 level in Pakistan Customs...
ECC okays hike in sales tax for local auto manufacturers
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved a hike in sales tax proposal for vehicles manufactured and...
FBR to issue new property rates from July 2024
LAHORE: The Federal Board of Revenue has reached agreements with all provinces on the valuation of immovable properties under the...
FBR notifies 20pc customs duty on import of kids scooty from China
ISLAMABAD: The customs classification committee of the Federal Board of Revenue (FBR) has imposed a 20 percent customs duty on...
Multan Customs earns Rs58.12m through auction of smuggled goods, vehicles
MULTAN: Collectorate of Customs Enforcement Multan orchestrated a successful public auction, raking in an impressive Rs58.12 million in revenue for...
“We Exhibit 2024” best way for women entrepreneurs: President WCCIS
SIALKOT: President Women Chamber of Commerce and Industry Sialkot (WCCIS) Dr. Mariam Nouman said that the trade and industrial exhibition...
Zindigi, Popcorn Studio join hands to transform co-working spaces across Pakistan
ISLAMABAD: Zindigi, powered by JS Bank, announced a strategic alliance with Popcorn Studio, the foremost co-working space provider with 12...
SBP revokes three foreign exchange companies’ licenses
KARACHI: State Bank of Pakistan (SBP) revoked the foreign exchange licenses of M/s AA Exchange Company (Pvt.) Limited, M/s Glaxy...
ECC approves Rs7.4b ‘Ramzan Relief Package’; tariff rationalization
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved Rs7,492.75 million proposed Ramazan Relief Package-2024 to provide relief to...
Sindh endorses federal plan for new export zone on PSM site
KARACHI: The Sindh government has agreed to the federal government’s proposal to establish an Export Processing Zone (EPZ) on the...
Islamabad Customs to hold auction of 43 vehicles on February 15
ISLAMABAD: Collectorate of has notified auction for 43 vehicles scheduled to be held on February 15, 2024. The auction will...
Multan Customs seizes smuggled goods worth Rs925.788m during January 2024
MULTAN: In a resolute effort to combat smuggling activities, the Directorate of Customs Intelligence and Investigation (I&I) has intensified its...
Services’ exports earn $3.76b for Pakistan in H1
ISLAMABAD: Pakistan earned $3,765.97 million by exporting various services during the first half of the current fiscal year (2023-24), Pakistan...
ICCI, NAVTTC join hands to produce skilled manpower
ISLAMMABAD: Chairperson of National Vocational and Technical Training Commission (NAVTTC) Gulmina Bilal along with her team visited the Islamabad Chamber...
FTO directs FBR to process deferred sales tax refund filed by GlaxoSmithKline Pakistan Ltd
LAHORE: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to immediately process missing amounts and...
