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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
Ishaq Dar nominated as new finance minister after Miftah resigns
ISLAMABAD: Miftah Ismail resigned as finance minister in line with the party’s decision while Ishaq Dar has been nominated as...
Islamabad Customs thwarts bid to smuggle I-phones & Macbook Pro laptops worth Rs64m
ISLAMABAD: Pakistan Customs has foiled an attempt to smuggle large quantities of imported expensive I phones and Macbook Pro laptop...
FBR ‘categorically denies’ news of tax exemption for import of bulletproof vehicles
ISLAMABAD: The Federal Board of Revenue (FBR) "categorically denied" issuance of any Statutory Regulatory Order (SRO) that allows ex-military officers...
World Bank repurposes $2b for Pakistan’s flood-affected areas
ISLAMABAD: In order to provide immediate relief to the flood victims, the World Bank has announced repurposing $2 billion —...
FTO took record number of 75 suo moto notices against maladministration: Mehr Kashif Younis
LAHORE: For the first time in history, Federal Tax Ombudsman Dr Asif Mahmood Jah took a record number of 75...
RCCI concerned over delay in execution of development projects
RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) has expressed its concerns over the delay in Rawalpindi Ring Road...
Rawalpindi I&I seizes smuggled cigarettes worth Rs7.6
ISLAMABAD: Directorate of Customs Intelligence and Investigation (I&I) raided a warehouse near Sangjani against smugglers and seized smuggled goods worth...
Essential items’ prices ease as weekly inflation plunges down 8.11pc
ISLAMABAD: The prices of essential commodities witnessed a considerable decrease as the Sensitive Price Indicator (SPI) based weekly inflation for...
President lauds private bank for avoiding undue litigation in disputed transaction cases
ISLAMABAD: While disposing of five separate representations of a private bank against the decisions of the Banking Mohtasib, President Dr...
SBP documents foreign currency transactions above $2,000
KARACHI: State Bank of Pakistan (SBP) made it mandatory the transactions of foreign currency above $2,000 through banking channels in...
Pakistan not seeking relief from commercial banks, Eurobond creditors: Miftah
ISLAMABAD: Minister for Finance and Revenue Miftah Ismail said that in the wake of climate related disaster, Pakistan was seeking...
Seizure of NDP vehicles: FTO asks FBR to prepare effective policy with inputs from LEAs
LAHORE: The Federal Tax Ombudsman (FTO) directed the Federal Board of Revenue (FBR) to take an appropriate policy decision with...
Kenyan HC visits RCCI, urges for enhancing bilateral trade
RAWALPINDI: Kenya is a gateway for Pakistani investors to enter the big market of 38 African states, which are landlocked...
Kamran Azam Khan appointed Chief (Reforms & Modernization), FBR
ISLAMABAD: Federal board of Revenue (FBR) appointed Malik Kamran Azam Khan, a BS-20 officer of Pakistan Customs Services (PCS), as...
FBR dismisses appraising officer Imtiaz Hussain Shah from service for misconduct
ISLAMABAD: Federal Board of Revenue (FBR) awarded major penalty of ‘dismissal from service’ upon an appraising officer of Pakistan Customs...
SBP-held foreign exchange reserves decline $278m to $8.35b
ISLAMABAD: Foreign exchange reserves held by the State Bank of Pakistan (SBP) dipped $278 million, clocking in at $8.35 billion...
‘Major fault’ detected in cargo ship purchased by PNSC
KARACHI: A ‘major fault’ has been detected in one of two cargo ships recently purchased by Pakistan National Shipping Corporation...
LHC adjourns case about tax on deemed income till Sep 27
LAHORE: The Lahore High Court (LHC) adjourned the case about tax on deemed income till September 27, 2022, and directed...
Ethiopia can play key role for Pak-African economic, trade integration; envoy
ISLAMABAD: Ambassador of Ethiopia to Pakistan, Jemal Baker Abdullah said that Ethiopia can play major role in the economic and...
ADB approves $100m to improve secondary healthcare in KP
ISLAMABAD: The Asian Development Bank (ADB) has approved a $100 million results-based loan to help strengthen the quality of secondary...
