Latest News
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
Clearance of containers still remains elusive despite MoC go-ahead signal
KARACHI: The clearance of hundreds of containers, stuck at ports under SRO 598/22 dated 19-5-2022, has become a mystery even...
Pakistan, Germany sign €17.5m agreement for development in KP
ISLAMABAD: Pakistan and Germany on Monday signed an agreement for the Regional Infrastructure Fund (Phase-II) under which the government of...
President directs FBR to undo unjust taxation on lecturers’ salaries
ISLAMABAD: President Dr Arif Alvi rejected 30 identical representations filed by the Federal Board of Revenue (FBR) against Federal Tax...
IMF board may meet earlier than expected to approve Pakistan’s tranche: report
ISLAMABAD: The International Monetary Fund's (IMF) Executive Board meeting to approve the release of the tranche for Pakistan is expected...
Miftah Ismail assures country will meet bond, debt payments
ISLAMABAD: Federal Minister for Finance and Revenue Miftah Ismail Monday said Pakistan can come out of its current economic crisis...
SECP to introduce digital asset management companies
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) introduced the concept of Digital Asset Management Companies (AMCs) to promote...
FTO names Uzma Shahid Butt as Honorary Business Coordinator
LAHORE: Federal Tax Ombudsman (FTO) Dr. Asif Mehmood Jah has appointed President Rawalpindi Women Chamber of Commerce & Industry (RWCCI)...
All political parties of Pakistan should sign Charter of Economy: Khawaja Jalaluddin Roomi
MULTAN: All political forces must sign a one-point agenda of charter of economy for political as well as economic stability...
Director Valuation Fawad Ali Shah revises customs values of imitation jewellery vide VR No. 1686/2022
KARACHI: In exercise of the powers conferred under section-26-A of the Customs Act, 1969, Directorate-General Customs Valuation Director Syed Fawad...
Miftah directs authorities to withdraw taxes on energy bills amid traders’ protest
ISLAMABAD: Federal Minister for Finance and Revenue Miftah Ismail directed the relevant authorities to take required actions to resolve the...
FBR collects net revenue of Rs458b during July 2022
ISLAMABAD: The Federal Board of Revenue (FBR) collected net revenue of Rs 458 billion during July 2022, which exceeded the...
President directs UBL to reimburse Rs5.49m to a defrauded customer
ISLAMABAD: President Dr Arif Alvi while upholding a decision of the Banking Mohtasib, has directed the United Bank Ltd (UBL)...
Businessmen’s participation in legislation process must for balanced trade policy: ICCI
ISLAMABAD: Islamabad Chamber of Commerce & Industry (ICCI) President Muhammad Shakeel Munir has said that active participation of the business...
Roshan Digital Accounts to be further improved: SBP
KARACHI: The State Bank of Pakistan has said that Roshan Digital Accounts (RDA) would be further improved, as the central...
FTO directs FBR to take effective measures for installing mobile scanner temporarily at Chaman
LAHORE: Federal Tax Ombudsman (FTO) Dr. Asif Mehmood Jah has directed Federal Board of Revenue (FBR) to immediately take effective...
Govt decreases petrol price by Rs3.05 per litre for first half of August
ISLAMABAD: The Government of Pakistan announced decreasing the price of petrol by Rs3.05 per litre for the first half of...
FBR rebuts Sehbai’s tweets about purported flight of dollars to Dubai
ISLAMABAD: Federal Board of Revenue (FBR) categorically rebutted the contents of the two back-to-back tweets dated July 29, 2022 made...
Miftah Ismail shares plan to satisfy retailers’ resistance to tax collection via electricity bills
ISLAMABAD: After facing Opposition from traders related to the collection of taxes via electricity bills and requests from Prime Minister...
ECC directs Power Division to pay Rs32.8b to save PSO from defaulting
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed the Power Division to make immediate payments worth Rs32.8...
Senate body start deliberations on current country’s economic condition
ISLAMABAD: The Senate Standing Committee on Finance, Revenue and Economic Affairs initiated the deliberations over the current economic condition of...
