Latest News
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
President rejects six representations filed by FBR against FTO orders
LAHORE: President Arif Alvi has declared that the Federal Tax Ombudsman (FTO) is fully authorized to initiate a Suo Motu...
Iran’s Ambassador urges free movement of trucks to Quetta
ISLAMABAD: In a bid to foster stronger economic ties, the Iranian Ambassador to Pakistan, Dr Reza Amiri Moghaddam requested for...
SHC suspends gas tariff hike for textile industry
KARACHI: Sindh High Court (SHC) on Thursday suspended the gas tariff hike notification for the textile industry. The Oil and...
FBR transfers 98 PCS officers of BS-17-18 with immediate effect
ISLAMABAD: Federal Board of Revenue (FBR) issued notification for transfers of 98 Pakistan Customs Services (PCS) officers with BS-18 with...
Pakistan revises profit rates on National Savings’ certificates
ISLAMABAD: Pakistan government announced a reduction in profit rates for various national savings schemes. According to a notification issued by...
ECC approves Rs57b for payment of K-Electric arrears
ISLAMABAD, Dec 20 (APP): The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved the summary of the Ministry...
FBR promotes 18 PCS officers from BS-18 to BS-19 on regular basis
ISLAMABAD: Federal Board of Revenue (FBR) has issued notification for promotions of following officers of Pakistan Customs Service from BS-18...
Customs I&I issues notices to yarn importers for importing Indian yarn
KARACHI: Regional Directorate of Customs Intelligence and Investigation (I&I) has issued notices to yarn importers asking them to provide details...
SBP fails to satisfy panel in Rs70b money laundering scandal
KARACHI: The State Bank of Pakistan (SBP) failed to convince the Senate Standing Committee on Finance regarding an unresolved money...
LHC declares contractual appointments of judicial members in ATIR illegal
LAHORE: The Lahore High Court (LHC), while declaring the contractual appointments of Judicial Members (JM) in Appellate Tribunal Inland Revenue...
Electricity tariff hike of Rs4.66 per unit sought
ISLAMABAD: Another increase in electricity tariffs is on the cards as the Central Power Purchasing Agency (CPPA) has filed an...
Alert! Fake Rs5000 notes in market
KARACHI: The Senate Standing Committee on Finance has voiced concern over the alarming circulation of Rs5000 notes, which even officials...
Over 9,800 FBR employees file tax returns
ISLAMABAD: Over 9,800 out of 10,000 Federal Board of Revenue (FBR) employees have filed their tax returns. The FBR Chairman...
Customs values on import of lubricating oil from Iran, China, Turkey, Thailand & Russia revised
MULTAN: Directorate General of Customs Valuation, Karachi has revised customs values on the import of a wide range of lubricating...
FBR directs govt depts to apply new ‘IRMS’
ISLAMABAD: The Federal Board of Revenue (FBR) has directed the government departments having trade controls on import, export and transit...
Inflow of remittances via exchange companies rises by 10 to 15pc
KARACHI: General Secretary of the Exchange Companies Association of Pakistan (ECAP), Zafar Paracha, in a statement has said that the...
Khuzdar Enforcement, FC seize smuggled diesel worth Rs56m
KHUZDAR: Collectorate of Customs Enforcement with the assistance of Frontier Corps (FC) has recovered 39000 liters of diesel at a...
Pakistan to issue sukuk bonds in April 2024
ISLAMABAD: Pakistan is all set to issue sukuk bonds in April 2024 after completing the process by May. Sources in...
SBP governor calls on CM Naqvi
LAHORE: State Bank of Pakistan (SBP) Governor Jameel Ahmad called on Punjab Caretaker Chief Minister Mohsin Naqvi here. Prevailing economic...
ANF seizes 56 kg narcotics in five operations
RAWALPINDI: Anti-Narcotics Force (ANF) while conducting five operations across the country managed to recover 56 kg drugs and arrested four...
