Latest News
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 tells FBR that Customs Collectorates must not show any discrimination against vehicle importers
ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to ensure that the Collectorate of...
Italy, Pakistan trade volume has grown exponentially to €2b last year: Sheheryar Khan
ISLAMABAD: The bilateral trade volume between Italy and Pakistan has grown exponentially to €2 billion last year said the Honorary...
Pak-Afghan trade resumes after Torkham border crossing reopens
TORKHAN: Trucks carrying food and pharmaceuticals crossed through a key border crossing between Pakistan and Afghanistan after it reopened Saturday,...
Economic reforms vital to avoid another IMF bailout in next budget: FPCCI
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel said that amidst precarious external and fiscal situation,...
LESCO chairman bans use of ACs in offices
LAHORE: Following the austerity measures announced by Prime Minister Shahbaz Sharif, the Lahore Electric Supply Company (LESCO) chief has banned...
HBL delivers profit of Rs77b in 2022, up 24pc YoY, with enhanced focus & commitments to its clients
KARACHI: HBL declared a consolidated profit before tax of Rs 77 billion for the year ended December 31, 2022, an...
Dar rubbishes speculations surrounding Pakistan ‘defaulting’
ISLAMABAD: Amid speculations that cash-strapped Pakistan is on the brink of a default, Federal Minister for Finance and Revenue Ishaq...
Dar directs CDA for fast-track, early execution of housing projects for overseas Pakistanis
ISLAMABAD: Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar directed the Capital Development Authority (CDA) to ensure fast-track...
Qamar, USTR holds dialogue on wide spectrum of trade, investment
ISLAMABAD: Federal Minister for Commerce Syed Naveed Qamar and United State of Trade Representative (USTR) have held a fulsome and...
Dar, Ilyas discuss financial matters
ISLAMABAD: Sardar Tanveer Ilyas, Prime Minister Azad Jammu and Kashmir called on Federal Minister for Finance and Revenue Senator Mohammad...
ICCI to set up facilitation centre for PM’s Youth Programme beneficiaries: Bakhtawari
ISLAMABAD: ICCI President Ahsan Zafar Bakhtawari has said the Islamabad Chamber of Commerce and Industry (ICCI) would set up a...
Chairman FBR holds E-Khuli Kachehri
ISLAMABAD: Continuing the tradition, Chairman, of the Federal Board of Revenue (FBR) Asim Ahmad here on Friday held E-Khuli Kachehri...
Pakistan, Uzbekistan sign $1bln trade agreement at IGC
ISLAMABAD: Pakistan and Uzbekistan signed $1 billion trade agreement at Inter-governmental Commission (IGC), which will encourage exchange of goods and...
SBP reserves swell to $4b after $700m injection by China
KARACHI: Pakistan on Friday received a new $4 billion loan from China to help shore up its foreign exchange reserves,...
Customs AIIA seizes smuggled items worth Rs70m
LAHORE: Collectorate of Customs team deputed at Allama Iqbal International Airport (AIIA) has seized smuggled items worth Rs70 million in...
Pakistan may need another IMF programme in June: Murtaza Syed
KARACHI: Pakistan will require another International Monetary Fund (IMF) programme in June 2023, given its massive external financing needs and...
FBR to continue inspecting vehicles having no import papers
MULTAN: The Federal Board of Revenue (FBR) will continue the search and inspection of vehicles of goods transporters where they...
Pakistan, Uzbekistan agree to enhance ties in diverse fields
Tashkent: Pakistan and Uzbekistan have agreed to further expand bilateral cooperation in trade, investment and transport sectors. The agreement was...
SBP set to increase interest rates in off-cycle review
KARACHI: The State Bank of Pakistan (SBP) is set to raise interest rates as early as this week in an...
Petroleum products import bill shrinks by 9.27pc in 7MFY23
ISLAMABAD: The imports of the overall petroleum group contracted by 9.27 per cent during the first seven months of the...
