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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
Gwadar I&I seizes smuggled goods worth Rs169.36m from Hub area
GWADAR: Directorate of Customs Intelligence and Investigation has seized I&I-Customs has seized huge quantity of smuggled goods from Hub area...
ICCI, ICSTSI call for promoting ease of doing business
ISLAMABAD: Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce & Industry (ICCI) and Sajjad Sarwar, President, Islamabad Chamber of Small...
Money laundering: Customs I&I files FIR against M/s Ehsan Importer & Exporter
KARACHI: Directorate of Customs Intelligence and Investigation (I&I) has registered an FIR against Anam Ullah of M/s Ehsan Importer &...
FBR set to audit sales record of real estate tax filers: sources
ISLAMABAD: In fresh operational guidelines for sales tax records, the Federal Bureau of Revenue (FBR) on Saturday announced to initiate...
Reforms in Pakistan Customs: FBR transfers 29 PCS officers of BS-16-17 to admin pool
ISLAMABAD: The Federal Board of Revenue (FBR) has transferred 29 officers of BS-16 and BS-17 to the Admin Pool at...
Pakistan’s exports to China surge by 5.16% in July-August: SBP
KARACHI: The caretaker government’s business-friendly policies are bearing fruit as Pakistan’s exports to China witnessed an increase of 5.16% during...
Theft of STS to be countered via latest video vigilance technology: PRA
LAHORE: In order to counter the evasion of sales tax on services, Punjab Revenue Authority has adopted latest technique of...
SBP urged to ensure Card Payments at petrol pumps for consumer convenience
LAHORE: In a formal letter addressed to Mr. Jameel Ahmad, the Governor of the State Bank of Pakistan (SBP), Muhammad...
PSO refuses to provide aircraft fuel to PIA again
KARACHI: The Pakistan State Oil (PSO) has refused to supply aircraft fuel to national flag carrier Pakistan International Airlines (PIA)...
Naqvi proposes business community-led hospital, CBD authority expansion
RAWALPINDI: Caretaker Chief Minister Punjab Mohsin Naqvi and cabinet members conducted a visit to the Rawalpindi Chamber of Commerce and...
Govt committed to further strengthen relations with China: Finance Minister
ISLAMABAD: Caretaker Federal Minister for Finance, Revenue and Economic Affairs, Dr. Shamshad Akhtar expressed government’s unwavering commitment to further strengthen...
FBR establishes new customs station in Lahore
LAHORE: The Federal Board of Revenue (FBR) has declared NLC Dry Port Jia Bagga Lahore to be a new customs...
FBR detects Pakistan’s biggest money laundering, under-invoicing scandal
ISLAMABAD: The Federal Board of Revenue (FBR) has unearthed the biggest ‘trade-based’ money laundering and under-invoicing scandal in Pakistan. The...
EU Parliament extends GSP+ status for Pakistan till 2027
ISLAMABAD: Amid mounting economic woes, Pakistan got four-year extension in the current generralised system of preferences (GSP) until 2027. The...
Bank deposits are ‘perfectly safe’: SBP
KARACHI: The State Bank of Pakistan (SBP) has stated bank deposits in the country were “perfectly safe owing to a...
Pakistan’s total liquid foreign reserves drop to $13.03bn
KARACHI: The total liquid foreign reserves of Pakistan dropped to $13,030.8 million while reserves held by the central bank stood...
Privatisation minister, WB discuss sell-off plan for PIA
ISLAMABAD: Caretaker Minister for Privatisation Fawad Hassan Fawad has expressed the firm resolve of the government to privatise major loss-making...
Federal govt’s debt stocks reach all-time high of Rs64trn by August-end
KARACHI: Amid disturbing economic indicators, the country has also come across swelling debt -- both domestic and external -- mainly...
FBR likely to slap fixed tax on retailers based on shop size
ISLAMABAD: The Federal Board of Revenue (FBR) is considering slapping a fixed tax between Rs1,000-Rs5,000 per month on 3.6 million...
FBR revises powers of Collectorates of Customs Adjudication
ISLAMABAD: The Federal Board of Revenue (FBR) has empowered Collector Collectorate of Customs Adjudication, Karachi-I to adjudicate cases falling within...
