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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
PRA cracks down on tax defaulter in Rawalpindi
RAWALPINDI: The Punjab Revenue Authority (PRA) Rawalpindi Commissionerate cracked down on M/s Talal International, a manpower recruitment agency, located at...
Chinese envoy, Gohar Ejaz discuss economic cooperation especially in trade, investment
ISLAMABAD: Caretaker Minister of Commerce & Industry Gohar Ejaz and Chinese Ambassador to Pakistan, Jiang Zaidong in a meeting discussed...
Donors to release $1.5b quick financial assistance after SBA approval by IMF board: Finance Minister
ISLAMABAD: Federal Minister for Finance and Revenue, Dr. Shamshad Akhtar has said that Pakistan would get quick disbursement of financial...
Business leaders call for Pak- Kazakhstan FTA to increase bilateral trade up to $1b
ISLAMABAD: The local business leaders and traders on Friday called for the Free Trade Agreement (FTA) to take bilateral trade...
Bank financing for cars plunges 16 months in a row
KARACHI: Auto-financing plunged 16th consecutive month in October 2023, with the total car loan amount falling by 3 percent month-on-month...
SBP governor getting higher salary than lawmakers, Senate told
ISLAMABAD: A rumpus was witnessed in the Senate when members of the Upper House raised the matter that the State...
US, China, UK top 3 destinations of Pakistani exports during July-October
KARACHI: The United States (US) remained the top export destination of Pakistani products during the first four months of the...
MTBA demands FBR to appoint Commissioner Appeals on priority basis for timely proceedings of appeals
MULTAN: Multan Tax Bar Association (MTBA) demands Federal Board of Revenue to appoint Commissioner (Appeal-I) immediately for timely proceeding of...
TECNO to power ‘5G Innovation Hackathon’ in collaboration with Jazz & NUST
ISLAMABAD: TECNO, Pakistan’s premier technology brand, is joining forces with the Jazz 5G Innovation Lab and the National University of...
Govt establishes two advisory councils to increase export volumes
ISLAMABAD: The Ministry of Commerce has taken strategic steps to enhance the country’s export sector by forming two advisory councils...
Income tax laws being misused by taxation officers: LHC
LAHORE: The Lahore High Court has observed that Section 140 of the Income Tax Ordinance 2001, which allows recovery of...
Karachi LTO expedites probe against sugar millers in fake invoices scam
KARACHI: The Large Taxpayers Office (LTO) Karachi, of the Federal Board of Revenue (FBR), has expedited its probe into sales...
FBR sets Nov 30 deadline for banks to pay 40pc tax
ISLAMABAD: Federal Board of Revenue (FBR) has mandated a deadline of November 30 for banks to fulfill their obligation of...
IMF board likely to approve staff-level agreement with Pakistan on Dec 7
ISLAMABAD: The International Monetary Fund (IMF) executive board likely to approve the staff-level agreement with Pakistan on December 7. According...
FBR transfers 8 PCS officers of BS-16-17 to different stations
ISLAMABAD: Federal Board of Revenue (FBR) has issued notification for transfers and postings of following PCS officers of BS-16-17 with...
SBP directs banks & financial institutions to update mobile & internet banking apps
KARACHI: State Bank of Pakistan (SBP) has directed regulated entities, including banks and financial institutions to update mobile and internet...
FTO resolves advance income tax issue of mosque electricity bill
KARACHI: Following the intervention of the Federal Tax Ombudsman (FTO), a matter concerning the improper deduction of advance income tax...
Panelists deliberate on country’s taxation, public debt management policies
ISLAMABAD: The economic experts participating in panel discussions on Wednesday highlighted different aspects of the country’s existing taxation and public...
Khuzdar customs seizes smuggled goods worth Rs90m in Hub
KHUZDAR: Collectorate of Customs conducted a successful raid at a godown located at Hub and recovered huge quantity of betel...
LHC seeks reply from FBR on sales tax collections through electricity bills
LAHORE: The Lahore High Court (LHC) in a hearing on petition opposing the imposition of sales tax through electricity bills,...
