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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
LCCI urges SBP to withdraw ‘anti-exports’ circular forthwith
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has urged the State Bank of Pakistan to do away with...
Smartphones worth $7.19m illegally imported in Pakistan, says FBR report
ISLAMABAD: Smartphones valuing $7.19 million have been imported illegally without opening the letters of credit (LCs) or utilising the banking...
Islamabad I&I to hold auction of 42 used vehicles on April 13
ISLAMABAD: The Directorate General of Customs Intelligence and Investigation has announced an auction of used and old motor vehicles to...
Tax evasion: FBR to start investigations against Pepsi Cola, Coca Cola
SLAMABAD: Federal Board of Revenue (FBR) has started probe into alleged tax evasion by international beverage companies including Pepsi and...
Dar ‘clears the air’ about IMF deal, last-minute cancellation of his US visit
ISLAMABAD: Finance Minister Ishaq Dar has said that he had called off the visit to the US for holding talks...
Customs JIAP recover military grade weapons accessories from Chicago-returned passenger
KARACHI: Collectorate of Customs team deputed at Jinnah International Airport (JIAP) has conducted an operation and recovered parts and accessories...
SFD to provide $240m for advancement of multipurpose Mohmand Dam project
ISLAMABAD: Pakistan and Saudi Arabia reached an agreement under which the Saudi Fund for Development (SFD) would provide $240 million...
Dar reaffirms govt’s commitment to promote Islamic finance, eliminate interest system
ISLAMABAD: Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar reiterated the government’s commitment to promote Islamic finance and...
SECP registers 2,596 companies in March
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 2,595 new companies in March 2023, raising the total number...
Govt raises profit rate on National Savings Schemes from April 10
The federal government has raised the profit rate on national savings schemes which will be taken into effect on April...
Roshan Digital Account inflows surpass $6b: SBP
KARACHI: The total foreign exchange inflows through the Roshan Digital Accounts (RDAs) have now surpassed the $6 billion mark. According...
Lahore High Court declares tax on deemed income as illegal
LAHORE: Lahore High Court has declared the imposition of income tax on ‘deemed rental income’ of properties as illegal. The...
inDrive donates Rs10m for rehabilitation of schools in flood hit areas
ISLAMABAD: inDrive, a global mobility and urban services platform, has donated Rs10 million to the Akhuwat foundation for the reconstruction...
ICCI calls for Pak-Ethiopia PTA to boost bilateral trade
ISLAMABAD: Ethiopia has strong economic ties with Turkiye & UAE and Ethiopia wants similar relations with Pakistan. China and India...
Peshawar I&I to auction 19 motor vehicles on April 11
PESHAWAR: The Directorate of Customs Intelligence and Investigation (I&I) has announced to hold auction of motor vehicles on April 11,...
Business community outright rejects 100bps hike in interest rate
LAHORE: The business community has outright rejected 100bps increase in the benchmark policy rate by the State Bank of Pakistan...
$450m loan deal with WB likely as Pakistan clears the last hurdle
ISLAMABAD: Pakistan has fulfilled another condition set by the World Bank (WB) paving way and making the prospects bright for...
Respite for Pakistan as IMF ‘receives’ $2b assurance from Saudi Arabia
ISLAMABAD: Pakistan moved one step closer to the revival of the crucial bailout package of the International Monetary Fund (IMF)...
ECNEC approves digital economy enhancement project at Rs17.4b cost
ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) has approved the Digital Economy Enhancement Project (DEEP) at an...
Presidents of NBP, ZTBL to be appointed before end of FY 2023: Dr Ayesha
ISLAMABAD: Minister of State for Finance Dr. Ayesha Ghous Pasha informed the National Assembly’s Standing Committee on Finance and Revenue...
