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FBR raises penalties for fake invoices, digital non-compliance

KPRA launches Sahulat App for instant tax services & complaints

Goods transporters announce another 5pc freight fare hike

Tax lawyers ask FBR to extend return deadline

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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

KP BoIT gives final touch to establish export processing zone for copper mining in N.Waziristan

20/02/2023

PESHAWAR: The Khyber Pakhtunkhwa Board of Investment and Trade (BoIT) has given the final touches to the plan of establishing...

Pakistan’s rice exports to China increases by 53pc in 2022

20/02/2023

LAHORE: The news was announced by Ghulam Qadir, the Commercial Counsellor at Pakistan’s Embassy in Beijing, China. Qadir highlighted that...

Pak Suzuki extends plant shutdown on ‘inventory shortage’

KARACHI: Pak Suzuki Motor Company (PSMC) — one of the country’s largest car manufacturers announced its decision to extend the...

FBR to enhance cooperation with the US on finance, revenue

ISLAMABAD: Special Assistant to Prime Minister (SAPM) on Revenue, Tariq Mahmood Pasha appreciated the United Sates (US) engagement with Pakistan...

SBP raises Rs5.547bn through Sukuk Auction

KARACHI: The State Bank of Pakistan (SBP) has successfully raised Rs5.547 billion through the sale of 1-year, 3-year, and 5-year...

Citizen moves LHC against POL price hike

byM Hayat

LAHORE: A petition was filed in the Lahore High Court (LHC) on Friday challenging recent increase in prices of petroleum...

PM to announce major austerity measures soon: Ayesha Ghous Pasha

ISLAMABAD: Minister of State for Finance and Revenue Dr Ayesha Ghous Pasha has said that Prime Minister Shehbaz Sharif would...

Pakistan to welcome investment from UAE: Dar

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Mohammad Ishaq Dar said on Monday that Pakistan would welcome investment from...

FBR unlawfully imposes new sales tax rates

ISLAMABAD: The Federal Board of Revenue (FBR) unlawfully imposed new sales tax rates from 17 per cent to 18 per...

Pakistan-Japan signs minutes of 7th Joint Government Business Dialogue

ISLAMABAD: Federal Minister for Commerce, Syed Naveed Qamar and Ambassador of Japan to Pakistan, Mitsuhiro Wada signed the minutes of...

SBP forex reserves break falling spree, rise above $3b

KARACHI: The State Bank of Pakistan (SBP)-held foreign exchange reserves snapped a three-week declining spree after losing $1,685 million cumulatively...

NEPRA notifies Rs2.32 per unit cut in power tariff

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) notified a reduction of Rs2.32 per unit for Ex-WAPDA distribution companies (XWDISCOs)...

Multan Customs recovers 800 cell phones worth Rs22m

MULTAN: The Collectorate of Customs Enforcement foiled two bids of smuggling in separate raids and seized over 800 cell phones...

Need urged for promoting entrepreneurship in youth

ISLAMABAD: Special Assistant to Prime Minister on Youth Affairs Shaza Fatima Khawaja urged the need for encouraging youth for entrepreneurship...

Pakistani fin-tech AdalFi raises $7.5m to tackle lending challenges

KARACHI: Pakistani digital lending platform AdalFi said that it has raised $7.5 million in funding, the first major corporate financing...

Govt drops petrol bomb on inflation-hit masses

16/02/2023

ISLAMABAD: The federal government has increased the price of petrol to a historic high in a bid to appease the...

Karachi I&I impounds smuggled goods worth Rs1b in January