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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
DG Valuation revises customs values on import of cashew nuts from Vietnam
KARACHI: Directorate General of Customs Valuation, Karachi has revised customs values on the import of Cashew Nuts/Kaju from Vietnam. The...
Majid Al Futtaim’s investment in Pakistan reaches to Rs14b with two new Carrefour supermarkets
LAHORE: Majid Al Futtaim, which owns the exclusive rights to operate Carrefour in Pakistan, announced the inauguration of two new...
FBR asks SWAPS agents to integrate fiscal electronic devices
ISLAMABAD: The Federal Board of Revenue (FBR) has directed the “SWAPS Agents” (withholding tax agents) to install and integrate fiscal...
SBP unveils end-of-day rates method for exchange firms
KARACHI: In a bid to ensure transparency, the State Bank of Pakistan (SBP) directed the exchange companies to adopt the...
Pakistan weekly inflation recorded over 42pc amid stagnant wages
ISLAMABAD: A combination of inflationary measures means that inflation during the past week surged by 42.60 per cent – dashing...
SBP releases video to identify counterfeit Rs5,000 note
KARACHI: The State Bank of Pakistan (SBP) has released a video to identify genuine Rs5,000 currency notes after reports that...
APTMA calls for tariff rationalization to prevent economic deterioration
FAISALABAD: The All Pakistan Textile Mills Association (APTMA) has expressed deep concern over the “absolutely dismal state of the power...
FBR forms committee for launch of Single Portal for ST return of telecom sector
ISLAMABAD: The Federal Board of Revenue (FBR) has formed a single portal committee for operationalize arrangements required for the launch...
Govt jacks up LNG prices
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Friday notified about the increase in the prices of liquefied natural...
World Bank approves $350m financing to strengthen fiscal management in Pakistan
ISLAMABAD: The World Bank's board of executive directors approved $350 million in financing for the Second Resilient Institutions for Sustainable...
Pakistan, ADB ink $1.20b accords for sustainable growth
ISLAMABAD: Around $1.20 billion loan agreements have been made between Pakistan and the Asian Development Bank (ADB). The ADB officials...
Quetta I&I impounds smuggled goods worth Rs67.7m
QUETTA: Regional Directorate of Customs Intelligence & Investigation (I&I) seized smuggled goods worth Rs67.7 million on 08.12.2023 and 15.12.2023. Sources...
Karachi I&I seizes smuggled auto parts worth Rs450m in SITE Area
KARACHI: Regional Directorate of Intelligence and Investigation (I&I) has seized a huge quantity of smuggled auto spare parts from a...
M/s Osiris Consultancy, DG IPRE hold training session for PCS officers
LAHORE: M/s Osiris Consultation, in coordination with Directorate General Intellectual Property Rights Enforcement (IPRE) and regional Director Lahore, organized a...
ATIR’s orders: FTO explains what actually constitutes maladministration
ISLAMABAD: The Federal Tax Ombudsman (FTO) has ruled that the delay in giving appeal effect to the order which is...
SBP’s foreign exchange reserves fall by $136m to $6.9b
KARACHI: The foreign exchange reserves held by State Bank of Pakistan (SBP) have dropped to $6.904 billion after a decrease...
EXIM Pakistan launched to catalyze global trade
ISLAMABAD: Caretaker Minister for Finance, Revenue, and Economic Affairs, Dr Shamshad Akhtar formally launched the Pakistan’s Export-Import Bank (EXIM), marking...
ICCI holds Quran Khawani for its ex-president Munawar Mughal (late)
ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) held Quran Khawani for its former President and renowned business leader...
Sehat Kahani generates $2.7m in series A funding
ISLAMABAD: The funding was led by Amaanah Circle, a Singapore-based health tech fund led by Dr. Razi Yousuf coupled with...
SBP to remain closed on Dec 25 due to Christmas, Quaid-e-Azam Day
KARACHI: The State Bank of Pakistan will remain closed on Monday, December 25, 2023, Quaid-e-Azam Day and Christmas, as declared...
