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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
Customs I&I detects tax evasion of Rs1.5b through clearance of banned items
KARACHI: Under the supervision of Director-General Faiz Ahmad, Directorate of Customs Intelligence and Investigation (I&I) has detected Rs1.5 billion tax...
RDA inflows reach $5b mark in 24 months: SBP
KARACHI: Inflow of remittances under Roshan Digital Account (RDA) rose to US $4.981 billion by the end of August 2022...
Senate panel directs to strengthen foreign currency disclosure process at airports
ISLAMABAD: The Senate Standing Committee on Finance has directed the Ministry of Finance (MoF) to streamline the process of disclosure...
Pakistan Customs increase passage of 1,200 trucks per day at Torkham
TORKHAM: Afghan officials have asked a delegation from Pakistan to deploy extra-custom officials and expedite the fruits and vegetables clearing...
LCCI, PDMA will build model village of 100 houses for flood affectees
LAHORE: The Lahore Chamber of Commerce & Industry will build a model village of 100 houses in collaboration with Provincial...
Iran offers completion of gas pipeline project with Pakistan
ISLAMABAD: Iranian Ambassador Mohammad Ali Hosseini on Tuesday offered his government’s support to complete Iran-Pakistan (IP) Gas Pipeline project and...
Maritime Affairs Ministry donates Rs70m in PM Relief Fund
ISLAMABAD: Ministry of Maritime Affairs on Tuesday made a donation of worth Rs70 million to Prime Minister’s Relief Fund. Minister...
Supply of verified flood-related goods exempted from whole of sales tax, clarifies FBR
ISLAMABAD: The Federal Board of Revenue (FBR) on Tuesday clarified that the supply of local and international flood-related goods are...
MoF, FBR agree to clear Rs36b deferred GST refunds
ISLAMABAD: The Ministry of Finance and the Federal Board of Revenue (FBR) have agreed to clear Rs36 billion deferred sales...
Pakistan needs enhanced financing for natural disasters: ADB
ISLAMABAD: Pakistan urgently needs to enhance the current disaster risk finance approach as risk retention mechanisms are insufficient to cover...
SBP, Zameen.com sign MoU as central bank moves to utilise real estate data
KARACHI: In a bid to enhance coverage and widen its data bank, the State Bank of Pakistan (SBP) on Tuesday...
Pakistan’s circular debt stands at Rs2.253 trillion
KARACHI: Pakistan’s circular debt has been reduced by 564 billion rupees by making payments to the power plants in the...
1.8 million KE consumers benefitting from PM’s FCA relief package
KARACHI: Following PM’s Announcement of FCA’s relief package for the month of June, 1.8 million eligible electricity consumers across KE...
FTO endorses govt’s proposal for Rs60b additional taxes on beverage industry
LAHORE: The Federal Tax Ombudsman (FTO) has strongly endorsed the government’s proposal to impose additional taxes of Rs60 billion on...
ATIR summons FBR’s Member Operations IR on Sept 7
ISLAMABAD: The Appellate Tribunal Inland Revenue, Islamabad (ATIR) has found some serious violations of law in the recovery of tax...
UAE’s economic team meets Miftah Ismail
ISLAMABAD: A team of economic experts from the United Arab Emirates (UAE) held a meeting with Finance Minister Miftah Ismail...
Pakistani jeweller’s gold worth Rs20m stolen ‘during flight’
KARACHI: A Pakistani jeweller's gold worth Rs20 million was stolen during a flight from Dubai, United Arab Emirates to Karachi,...
Economic loss due to Pakistan floods rises from $10b to $12.5b
KARACHI: The estimated economic loss to Pakistan from floods has increased from USD 10 billion to USD 12.5 billion. The...
Miftah appreciates contribution of PDA
ISLAMABAD: Federal Minister for Finance and Revenue Miftah Ismail appreciated the contributions of Pakistan Dairy Association (PDA) and affirmed full...
Authorities concerned directed for addressing issues being faced by exporters
ISLAMABAD: Federal Minister for Finance and Revenue Miftah Ismail directed the relevant authorities to take appropriate measures for resolving issues...
