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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
FBR freezes bank accounts of businessmen, bankers for tax recovery
ISLAMABAD: Federal Board of Revenue (FBR) has attached bank accounts of leading businessmen and bankers of the country for recovery...
Law Minister urges all political leaders to sit together for improving economy
ISLAMABAD: The economy of Pakistan is facing serious challenges and it is high time that the leaders of all political...
FBR allows concessionary rates of customs duty on import of goods from Uzbekistan
ISLAMABAD: The Federal Board of Revenue (FBR) has allowed concessionary/ reduced rates of customs duty, additional customs duty and regulatory...
Details of agreement with IMF to be made public: Ishaq Dar
ISLAMABAD: Finance Minister Mohammad Ishaq Dar assured that details of the staff-level agreement with the International Monetary Fund (IMF) will...
Pakistan, Australia agree to promote cooperation
ISLAMABAD: Pakistan and Australia has agreed to continue mutual cooperation in promotion of trade, Information Technology, intellectual property rights especially...
Multan Customs transfers inspectors, sepoys
MULTAN: Collectorate of Customs Enforcement Multan has issued order for transfer and posting of 8 employees including inspectors, sepoys and...
SBP-held reserves tick up by $18m
KARACHI: Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) rose to $4,319 million in the week...
Meezan Bank & Fieldfisher Capital join hands to extend Islamic Finance Advisory to Europe & Middle East
KARACHI: Meezan Bank, Pakistan’s leading Islamic Bank, has recently signed a Memorandum of Understanding (MoU) with Fieldfisher Capital LLP (FFC)...
Dar says documentation for ICBC-backed $500m disbursement complete
ISLAMABAD: Finance Minister Ishaq Dar on Thursday announced that the Ministry of Finance (MoF) has completed documentation for the second...
Commerce Minister advocates barter trade to increase exports
ISLAMABAD: Federal Minister for Commerce Syed Naveed Qamar appreciated barter trade model, which he said could be utilized for enhancing...
ICCI for focusing on Lithuania to promote exports with EU market
ISLAMABAD: Faad Waheed, Senior Vice President, Islamabad Chamber of Commerce and Industry said that Lithuania is an important economy of...
FBR asked to confirm sales tax chargeability on computerized arms licences
LAHORE: The Federal Tax Ombudsman (FTO) directed the Federal Board of Revenue (FBR) to confirm the chargeability of sales tax...
LSMI production goes up by 1.48pc
ISLAMABAD: The output of the Large Scale Manufacturing Industrial (LSMI) sector witnessed an increase of 1.48 per cent during January,...
FBR field formations asked to recover pending arrears, pursue cases
ISLAMABAD: Chairman Federal Board of Revenue Asim Ahmad has directed the field formations to recover all pending arrears and expeditiously...
FBR empowers collectors of customs to issue refunds sans any monetary limit
ISLAMABAD: The Federal Board of Revenue (FBR) has empowered the Collectors of Customs to issue refunds of customs duties or...
ECC directs Petroleum Division for gas supply to fertilizer plants till May 31
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet has directed the Petroleum Division to supply indigenous gas to fertilizer...
Al-Rajhi Bank of Saudi Arabia opening LCs for Pakistan’s crude import
KARACHI: Al-Rajhi Bank of Saudi Arabia is the only foreign bank presently confirming letters of credit (LCs) for Pakistani crude...
Karachi Port Trust seeks tariff revision to meet expenditure
KARACHI: The Karachi Port Trust (KPT) has sought revision in its tariff to meet the expenditure and capital investment in...
SRB extends date for sales tax return, payment
KARACHI: Sindh Revenue Board (SRB) extended date for filing monthly return and sales tax payment. The SRB issued Circular No....
Pakistan Customs launches PassTrack App to facilitate international passengers
ISLAMABAD: Pakistan Customs has launched the PassTrack App to facilitate international passengers departing from or arriving in Pakistan in declaring...
