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
Gwadar Customs seizes two tankers filled with Iranian diesel worth Rs40.4m
GWADAR: Directorate of Customs Intelligence and Investigation (I&I) team has foiled a bid to smuggle Iranian diesel, worth Rs40.4 million...
Pakistan becomes IDA’s top borrower in 2023, secures $2.3bn
KARACHI: The World Bank, in its latest annual report, has marked Pakistan as the top borrower of the International Development...
No new tax in the caretaker setup, FBR tells IMF
ISLAMABAD: The International Monetary Fund (IMF) has showed its satisfaction over the performance of Federal Board of Revenue (FBR). According...
FBR surpasses target by Rs63bn in Q3FY24
ISLAMABAD: The Federal Board of Revenue (FBR) has collected Rs2,041 billion against the assigned target of Rs1,978bn in the first...
FBR extends tax returns filing date to Oct 31
ISLAMABAD: The Federal Board of Revenue (FBR) has extended the date of filing income tax returns for Tax Year 2023...
Pakistan, Azerbaijan join hands for resilient, sustainable urban planning
ISLAMABAD: Pakistan and Azerbaijan join hands for a climate resilient and sustainable urban planning keeping in view the real challenges...
FBR’s systems functioning efficiently to ensure smooth return filing
ISLAMABAD: In a letter addressed to FBR, the Karachi Tax Bar Association (KTBA) has raised certain issues which either are...
Pak Suzuki plans to export cars
LAHORE: Pak Suzuki Motor Company Ltd (PSMCL) chief executive Hiroshi Kawamura has said that the company has been working on...
PHHSA urges holistic and institution-based approach to build tax capacity
ISLAMABAD: Chairman Pakistan Hitech Hybrid Seed Association has said that to build tax capacity, governments will urgently need to take...
FTO Coordinator highlights transforming globalization with growing role of regionalism
ISLAMABAD: Coordinator to Federal Tax Ombudsman Meher Kashif Younis has said that the concept of globalization is undergoing a transformation,...
FTO directs Multan Customs & LEAs to take effective measures to curb sale of Iranian diesel in South Punjab
MULTAN: The Federal Tax Ombudsman (FTO) has accused customs officials and law enforcement agencies of incompetence and negligence for not...
ADB Capital Management Reforms unlock $100b in new funding
ISLAMABAD: The Asian Development Bank (ADB) approved capital management reforms that unlock $100 billion in new funding capacity over the...
ANF seizes 125kg hashish from onion export container at PICT
KARACHI: The Anti-Narcotics Force (ANF) in a raid at a container terminal here foiled smuggling of drugs to overseas. A...
Pakistan, GCC finalise free trade agreement
ISLAMABAD: Pakistan and the Gulf Cooperation Council (GCC) have concluded the final round of negotiations on the Pakistan-GCC FTA (PAK-GCC...
Appraisement East thwarts attempt to clear goods in the garb of scrap
KARACHI: Collectorate of Customs Appraisement East has impounded huge quantity if high value goods, which were imported in the garb...
Banks to open on Sept 30 for tax collection
KARACHI: State Bank of Pakistan (SBP) directed all banks to keep their authorized branches open on Saturday (September 30) in...
Collector Imran Bokhari seizes 50,000 Iranian diesel, betel nuts worth Rs41.4m near Khurkhera check post
KHUZDAR: Under the supervision of Collector Imran Bokhari, Collectorate of Customs anti-smuggling squad led by Additional Collector Sajid Baloch made...
Nepra approves hike in KE tariff by Rs4.45 per unit
KARACHI: Electricity consumers got another shock as Nepra approved increase in the price of electricity for Karachi by Rs 4.45...
RCCI urges FBR to extend income tax return deadline
RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) has requested the Federal Board of Revenue (FBR) to extend the...
Quetta Customs foils bid to smuggle dry fruits, sugar & urea worth Rs50 million
QUETTA: Collectorate of Customs has seized huge quantity of dry fruits, sugar and urea worth Rs50 million. Sources told Customs...
