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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
YoY: Mobile phones import dips 68pc in 8MFY23
ISLAMABAD: The import of mobile phones has recorded 68 per cent decline in the first eight months of the current...
PIAF seeks serious measures as Pakistan exports continue to decline
LAHORE: Raising grave concern over the continued falling trend of Pakistan exports, the Pakistan Industrial and Traders Associations Front (PIAF)...
FTO directs RTO to establish help desk for facilitation of taxpayers at MCCI
MULTAN: Help desk of Federal Tax Ombudsman for the facilitation taxpayers will be established very soon in Multan Chamber of...
Govt dept cannot be treated differently from ordinary litigant: LHC
LAHORE: The Lahore High Court (LHC) held that a government department could not be treated differently from ordinary litigant in...
SBP likely to hike interest rates by 100bps in next policy review
KARACHI: The State Bank of Pakistan (SBP) is expected to jack up the interest rates further in the upcoming policy...
Loss-making state entities borrowed Rs142.3b in FY23: SBP
KARACHI: Loss-making public sector enterprises (PSEs) have borrowed a record Rs142.3 billion from banks in the ongoing fiscal year so...
FBR chairman directs IR offices to ensure recovery of tax arrears
LAHORE: Federal Board of Revenue, Chairman Asim Ahmad has directed offices of Inland Revenue (IR) to ensure recovery of tax...
Chinese bank deposits another $500m to Pakistan
ISLAMABAD: Pakistan received $500 million — the second disbursement of the $1.3 billion facility — from the Industrial and Commercial...
Govt announces Nisab of Zakat for 2023
ISLAMABAD: The Administrator General Zakat has notified the Nisab of Zakat in Pakistan at Rs. 103,159 for the Zakat year...
Multan Customs generates Rs80.45m through auction of confiscated goods, vehicles
MULTAN: Collectorate of Customs Enforcement Multan earned Rs80.45 million through public auction of confiscated goods and vehicles lying at the...
First cargo of Russian crude to arrive in Pakistan in April: Musadiq
KARACHI: State Minister for Petroleum Dr Musadik Malik has said Pakistan will receive first cargo of crude oil from Russia...
SBP issues Rs50 commemorative coin on golden jubilee of Senate
KARACHI: The State Bank of Pakistan, issued a commemorative coin of Rs. 50 to mark the golden jubilee of Senate,...
Weekly inflation up by 0.96pc
ISLAMABAD: The weekly inflation, measured by Sensitive Price Indicator (SPI), witnessed an increase of 0.96 percent for the combined consumption...
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...
