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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
Govt aiming to boost IT Exports to $25b: Shaza Fatima
ISLAMABAD: Minister of State for IT and Telecommunication Shaza Fatima said that the government is aiming to take IT exports...
RMS withdraws bid to acquire 87.96pc stake in Escorts Investment Bank
KARACHI: RMS (Private) Limited has formally announced the withdrawal of its bid to acquire 87.96% of Escorts Investment Bank Limited....
Multan I&I seizes smuggled goods & vehicles worth Rs654.4m
MULTAN: Directorate of Customs Intelligence and Investigation (I&I) in Multan Region has launched relentless crackdown on smuggling activities, resulting in...
Gilani stresses need to incentivize agriculture, industry to address unemployment
MULTAN: Chairman Senate Syed Yusuf Raza Gilani stressed the need to incentivize agriculture and industry in order to provide maximum...
PM announces to privatise all SOEs sans strategic ones
ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday announced that the government would privatise all state-owned enterprises (SOEs), excluding the strategic...
Pakistan, IMF mission kick off talks over new loan programme
ISLAMABAD: Prime Minister Shehbaz Sharif-led government commenced discussions with a visiting delegation from the International Monetary Fund (IMF) over another...
Non-filers to pay Rs90 out of every Rs100 mobile recharge
ISLAMABAD: The Federal Board of Revenue (FBR) has decided to target non-filers with a significant increase in withholding tax, jumping...
Peshawar I&I impounds tanker carrying 45,000 smuggled petrol
PESHAWAR: Directorate of Customs I&I (Intelligence and Investigation) Peshawar has impounded a tanker carrying 45,000 litres petrol in the garb...
IHC directs to stop blocking mobile SIMs of non-filers
ISLAMABAD: Islamabad High Court has temporarily stopped the federal government from initiating the nationwide blocking process of SIMs of over...
Income Tax Tribunal overturns decision of OIR
MULTAN: An Income Tax Tribunal has overturned the decisions of an Officer Inland Revenue (OIR) for failing to adhere to...
Finance minister seeks SOEs categorization by May 20
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb directed all concerned ministries and divisions to submit proposals for...
Govt considers duty increase on key imports to protect reserves, farmers
KARACHI: Pakistan is evaluating the introduction of heightened customs duties on the importation of used cars with engines up to...
PM Shehbaz Sharif suspends PASSCO MD, GM procurement
ISLAMABAD: Prime Minister (PM) Shehbaz Sharif on Monday suspended the Managing Director and the General Manager Procurement of PASSCO for...
Petrol price likely to be slashed by up to Rs14 from May 16
ISLAMABAD: In a positive development for the inflation-weary masses, the government is likely to slash fuel prices with the petrol...
Old imported vehicles may get pricier in budget; more taxes proposed
ISLAMABAD: As preparations for the budget 2024-25 of the new financial year are underway in Pakistan, the International Monetary Fund...
Govt to face massive revenue loss over SIMs blockade of non-filers
ISLAMABAD: As the government intensifies its crackdown on tax non-compliance, a looming financial crisis threatens to engulf the treasury, with...
No turning back’: Finance Minister Aurangzeb vows to broaden tax base
LAHORE: Finance Minister Muhammad Aurangzeb vowed to broaden the tax base by digitising the tax collection authority, stressing that Pakistan...
Industries’ role vital in combating smog: DG EPA
RAWALPINDI: In a proactive effort to combat prevailing smog issues, a joint meeting of Environmental Agency (EPA) and Rawalpindi Chamber...
FBR & Pakistan Customs struggle with Rs27b in pending cases
LAHORE: The Federal Board of Revenue (FBR) and Customs are grappling with approximately Rs27 billion worth of tax cases pending...
Mis-declaration: Peshawar Appraisement files FIR against Shippo Pakistan (Pvt) Ltd
PESHAWAR: Collectorate of Customs Appraisement has registered an FIR against two individuals, including a person named Pervez Ijaz, for their...
