Latest News

Cotton prices surge as Pakistan’s ginning season begins in second week of May for first time

byCT Report

RCCI urge govt to withdraw smart lockdown in view of Eid Alzuha

Pakistan assures IMF it will expand banks’ access to monitor suspicious financial activity

Rising investor interest drives sharp increase in registered prize bond holdings amid documentation push

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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

Power loom workers to protest against energy, gas crises

byImran Ali

MULTAN: The Multan Power Looms Association will launch a countrywide protest against energy and gas crises. Power Looms Workers Associations...

DLOs from 43 countries are in Pakistan to monitor ANF

ISLAMABAD: Drug liaison officers (DLOs) from 43 countries and international organisations are present in Pakistan to monitor the activities...

Finance Ministry ‘wants’ provinces to spend resources on basic amenities

International comparison shows spending on education and health is lower in Pakistan as compared to regional countries ISLAMABAD: The...

Container ships carrying palm oil, chemicals berth at Port Qasim

KARACHI: The Safmarine Ngami, C.V ACX Crystal and C.V MS Atlanta carrying containers were berthed at Containers Terminal berth No...

KSE-100 bounces back with 359pts, up 1.14% towards historic 32,000pts mark

byShahid Imran

KARACHI: Bulls bounced back strongly and kept their rule at the Karachi Stock Exchange (KSE) again as the benchmark KSE...

Afghan president’s visit resurrects TAPI project

ISLAMABAD: The recent visit of Afghan President Ashraf Ghani to Pakistan has brightened the hope for the revival of stalled...

50bps cut in policy rate, other developments to keep KSE bullish

KARACHI: The reduction in policy rate by 50 basis points by the Central Bank, the expected IMF tranche and a...

Apparently govt gives in: PM sets up body to end gas shortage to textile

ISLAMABAD: Following the suspension of four months gas load management plan for textiles in Punjab province, Prime Minister Nawaz Sharif...

Midday: Stocks set to scale new heights of 32,000 as KSE gains 333pts

KARACHI: The bull-run kept the Karachi Stock exchange afloat and fuelled its passion in the quest to scale new heights...

Opening: Confident KSE keeps eyes on 32,000 level, begins week with 173pts

KARACHI: Stocks seem to have not given in its quest to scale new heights and appeared confident in its journey...

40,000MW power by 2020, Nigeria eyes 7,200MW from renewable energy sources

ABUJA: Under the Nigerian government plan to generate 40,000MW power by 2020, about 7,200 megawatts of electricity will be produced...

Flawed load management plan, Finance Ministry overstepped Petroleum Ministry’s domain: PEW

ISLAMABAD: The government’s electricity and gas load management plan which prefers textile sector to the masses is flawed and faulty...

Customs Adjudication writes FBR for clerical staff

bySohail Rab

KARACHI: A letter has been sent from the office of the Collectorate of Customs Adjudication to the FBR authorities in...

Weekly review: KSE observes mixed week, gains 400pts to set new mark

byShahid Imran

KARACHI: The Karachi Stock Exchange (KSE) 100-index opened on positive sentiments on the first day of trading and gained 400...

Customs Intelligence takes action against non-duty paid vehicles

byM. Faizan

ISLAMABAD: Lutfullah Virk, director general of the Customs Intelligence and Investigation, has issued directions to probe against the excise and...

PNSC to lose billions of rupees LNG import business

ISLAMABAD: The Pakistan National Shipping Corporation (PNSC) is likely to lose business of billions of rupees for being out of...

FBR reports tax shortfall of Rs 44 billion in first quarter

byWaqar Ahmed Ansari

KARACHI: The Federal Board of Revenue (FBR) has reportedly missed tax collection target with a shortfall of Rs 44 billion....

Pakistan exports to India stand at Rs 409 million

byMahmood Idrees

LAHORE: Pakistan has exported items worth Rs 409 million to India during the first two weeks trading of November via...

Meeting of Tax Reforms Commission expected next week

ISLAMABAD: The Federal Board of Revenue (FBR) has been preparing a final presentation for the upcoming meeting of the Tax...

Commerce Ministry fails in recovering income tax rebates from NTC officials