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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
FTO Dr. Asif Mehmood Jah directs FBR to revisit ‘condonation’ order
LAHORE: The Federal Tax Ombudsman (FTO) Dr. Asif Mehmood Jah has directed the Federal Board of Revenue (FBR) to revisit...
Quetta Customs foils bid to smuggle narcotics worth Rs 110m near Khurkhera check post
QUETTA: Collectorate of Customs has seized 450 kilograms of high quality charas, which is valued at Rs 110 million in...
Tier-1 retailers unhappy with direct imposition of penalty by FBR field formations
MULTAN: The Tier-1 Retailers (T-1Rs) are offended with direct imposition of highest degree of penalty by the field formations of...
SMEDA to organize webinar on Amazon Private Label for SMEs today
ISLAMABAD: Small Medium Enterprises Development Authority (SMEDA) is going to organize a webinar on “Amazon Private Label for SMES” for...
FBR fails to launch Parliamentarian Tax Directory despite cabinet orders
ISLAMABAD: The Federal Board of Revenue (FBR) is reluctant to launch the Parliamentarian Tax directory 2020. Sources told that FBR...
Inflation in Pakistan surged after Ukraine war pushed global prices up: SBP governor
KARACHI: State Bank of Pakistan Governor Jameel Ahmad has said the Ukraine war has pushed prices of goods which eventually...
SHC directs FBR to submit details of tax collected from Karachi
The Sindh High Court (SHC) directed the Federal Board of Revenue (FBR), and federal and provincial law officers to submit...
ECC allows PASSCO to procure 1.8 MMT wheat at Rs.3,900/40kg
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet approved wheat procurement target of 1.80 million metric tons (MMT) at...
SBP seeks list of ‘reputable’ suppliers for import solar panels
KARACHI: State Bank of Pakistan (SBP) has proposed to the federal ministries to prepare a list of reputable suppliers to...
ICCI demands empowerment of women for sustainable growth
ISLAMABAD: The Islamabad Chamber of Commerce & Industry celebrated the International Women’s Day to highlight the role of women in...
Some FBR officials accused of harassing taxpayers
LAHORE: Consolidated show-cause tax recovery notices by the field formations of Federal Board of Revenue (FBR) are rubbing salt into...
Pakistan, Indonesia agree to enhance economic cooperation
ISLAMABAD: Pakistan and Indonesia agreed to extend full support to enhance bilateral economic cooperation between both the countries. During a...
FBR restores FASTER system for sales tax refunds payments
LAHORE: The Federal Board of Revenue (FBR) Tuesday restored the FASTER system for payment of sales tax refunds to exporters....
British High Commission’s Director, Chairman FBR discuss REMIT programme
ISLAMABAD: British High Commission's Development Director, Jo Moir called on Chairman FBR Asim Ahmad, along with the Economic Practice team...
Pakistan, Germany sign MOU to empower startups
KARACHI: Delegations of the German Emirati Joint Council for Industry & Commerce (AHK) and German Consulate Karachi visited the National...
Abdul Qadir Memon posted as DG Post Clearance Audit
ISLAMABAD: Federal Board of Revenue (FBR) has transferred and posted Abdul Qadir Memon, a senior official of Pakistan Customs Service...
Switzerland keen to develop trade ties with Pakistan: Ambassador
SIALKOT: Ambassador of Switzerland in Pakistan Georg Steiner has stressed the need for making sincere efforts to strengthened mutual trade...
Pakistani fintech startup Trukkr raises $6.4m, gets lending licence
KARACHI: Trukkr, a fintech platform for Pakistan’s trucking industry has said that it had raised $6.4 million in a funding...
Multan Customs generates Rs62.614m revenue during Feb
MULTAN: Collectorate of Customs Enforcement has collected almost Rs.62.614 million under the heads of customs duty, sales tax and income...
Govt hikes GST on more luxury item to woo IMF
ISLAMABAD: Prime Minister Shehbaz Sharif-led federal cabinet approved the imposition of 25 per cent sales tax on luxury items, fulfilling...
