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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
Multan Customs foils bid to smuggle skimmed milk near Sher Shah
MULTAN: Collectorate of Customs Enforcement Anti-Smuggling Organization (ASO) foiled an attempt to smuggle huge quantity of foreign origin skimmed milk...
Pakistan to export cement worth $360m to USA first time
ISLAMABAD: While tapping the market of United State of America (USA) for the first time a Pakistani firm has received...
Pakistan remains a lower-middle income country, warns UN report
UNITED NATIONS: The United Nations has warned that Pakistan remains a lower-middle income country and will continue to be vulnerable...
Demurrage, detention charges cause huge outflow of dollars: Chief Collector Yaqoob Mako
KARACHI: Chief Collector, Collectorate of Customs Enforcement South, Muhammad Yaqoob Mako has said that a huge sum of dollars are...
FBR establishes new office for appeals in Islamabad
ISLAMABAD: The Federal Board of Revenue (FBR) has created a new office of Commissioner Inland Revenue (Appeals-V), Islamabad, to expedite...
SBP issues fresh directives for encashment of withdrawn prize bonds
KARACHI: The State Bank of Pakistan (SBP) announced an extension in the date to redeem withdrawn prize bonds of Rs7,500,...
Pakistan-Russia intergovernmental commission meeting begins to promote cooperation
ISLAMABAD: The 8th meeting of the Pakistani-Russian Intergovernmental Commission on Trade, Economic, Scientific and Technical Cooperation commenced here on Wednesday....
Govt appoints Ashraf Wathra as NBP BoD chairman
ISLAMABAD: The federal government on Wednesday approved the appointment of former State Bank of Pakistan (SBP) governor Ashraf Mahmood Wathra...
President seeks comments from FTO, FBR on releasing GMO imported soybean
LAHORE: President's Secretariat has sought written comments from the Federal Tax Ombudsman (FTO), Federal Board of Revenue (FBR), and the...
Multan Enforcement impounds four NPC vehicles near Sher Shah Toll Plaza
MULTAN: Collectorate of Customs Enforcement, Anti Smuggling Organization (ASO) impounded four non-customs Paid (NPC) luxury vehicles worth millions of rupees...
RCCI Int’l Chambers Summit 2023 ends on a high note
RAWALPINDI: A joint press conference of the representatives of different chambers of industry and commerce of the country on the...
SBP Governor says ‘import LCs being opened at interbank rate’
KARACHI: The State Bank of Pakistan (SBP) Governor Jameel Ahmad has said that the import letter of credit (LCs) for...
Pakistan’s current account deficit narrows 78pc to $400m
KARACHI: Pakistan’s current account deficit — the gap between the country’s higher foreign expenditure and low income — in the...
President Alvi directs FBR to avoid ‘futile’ litigation
ISLAMABAD: President Arif Alvi has confirmed the key recommendations of the Federal Tax Ombudsman (FTO) to the Federal Board of...
ECC approves import of up-to five-year old tractors under Kissan package
ISLAMABAD: The Economic Coordination Committee of the Cabinet (ECC) has approved import of up-to five-year old tractors under the Kissan...
Dar hosts farewell in honour of outgoing Chinese Ambassador
ISLAMABAD: Federal Finance Minister, Senator Mohammad Ishaq Dar hosted a farewell lunch on behalf of Prime Minister Muhammad Shehbaz Sharif...
Korean giant Lotte Chemical to sell its Pakistan unit to local company
KARACHI: South Korean chemical giant Lotte Chemical Corporation (LCC) announced on Monday that the company had approved the sale of...
IMF asks Pakistan to jack up power, gas tariff for revival of programme
ISLAMABAD: The International Monetary Fund (IMF) has shared lists of prerequisite actions and told Pakistani authorities in plain words that...
Govt urged to restore regular LCs opening with availability of foreign exchange
LAHORE: The President SAARC Chamber of Commerce and Industry Iftikhar Ali Malik urged the government for immediate restoration of the...
Forex firms advise govt to fix higher dollar rate to boost remittances
KARACHI: The Exchange Companies Association of Pakistan (ECAP) has advised the government to "fix" the dollar rate to reduce the...
