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ICCI election: 57 candidates vie for 28 Executive Committee seats

FBR admits IRIS Portal is down as tax deadline panic grips filers

PAC halts 0.2 million-tonne sugar export, bars wheat imports without its review

Punjab brings home tuition centres, academies under tax net

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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

Poultry Association forecasts price of chicken reaching Rs1,000/kg

KARACHI: The chairman of the Pakistan Poultry Association, Chaudhry Muhammad Ashraf, has expressed concern that the price of chicken could...

ICCI for 15-years export policy to boost economy

ISLAMABAD: Islamabad Chamber of Commerce and Industry has called upon the government to formulate a 15-year export policy to give...

Assistant Collector Habib-ur-Rehman transfers inspectors, LDC

MULTAN: Collectorate of Customs Enforcement Assistant Collector has issued transfer order of 20 employees including 19 inspectors and one lower...

Lahore I&I recovers Rs2.085b illegally imported goods, items

byM Hayat

LAHORE: Customs Intelligence, Lahore range registered 127 cases during the second quarter involving Rs2.085 billion in comparison to 76 cases...

Customs values on import of Sodium Hydroxide enhanced

byM Hayat

LAHORE: Directorate-General Customs Valuation has made 35 percent increase in customs values on the import of Sodium Hydroxide (Caustic Soda)...

Pakistan Business Council delegation calls on PM Shehbaz Sharif

ISLAMABAD: A delegation of the Pakistan Business Council called on Prime Minister (PM) Shehbaz Sharif. Pakistan Business Council expressed confidence...

Bank profits likely to drop as govt considers imposing tax on foreign exchange income

KARACHI: Commercial banks are likely to have their earnings dropped by 4 to 11 per cent for 2022 if the...

Millat Tractors shut down for indefinite period on low demand, cash crunch

LAHORE: Millat Tractors Limited (MTL), Thursday announced it was shutting down production for an indefinite period starting Friday, arguing they...

SBP-held reserves plunge to lowest since April 2014

KARACHI: The State Bank of Pakistan (SBP)-held foreign exchange reserves fell further as the country paid external debts amid a...

SC fines Pakistan Customs for wasting court time on ‘frivolous’ plea

ISLAMABAD: The Supreme Court of Pakistan imposed a fine on the Pakistan Customs for unnecessary litigation in a case related...

Govt generates Rs655b in special T-bill auction

KARACHI: In a special treasury bill (T-bill) auction on January 3, the State Bank of Pakistan (SBP) was able to...

Trade deficit narrows to $17.13b as imports dip

KARACHI: Pakistan’s trade deficit shrinks 32.65% to $17.13 billion in the first half of the current fiscal, as imports of...

FBR revises valuation rates of immovable properties in Lahore

byM Hayat

LAHORE: The Federal Board of Revenue (FBR) has revised downward valuation rates of the immovable properties located in 1,271 areas/towns...

PSO’s circular debt historic high, risk of LC default

ISLAMABAD: The circular debt of Pakistan State Oil (PSO) has crossed the historic limit and the risk of default of...

ECNEC approves Rs40b Special Development Initiatives for Poor Districts project