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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
Pakistan would default if subsidy on petrol & diesel not withdrawn till July: Miftah
ISLAMABAD: Minister for Finance Miftah Ismail has said that the country would default if the subsidy on petrol and diesel...
RCCI demands withdrawal of proposed property tax in Finance Bill 2022-23
RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) has demanded of the government to withdraw the property tax imposed...
Govt decides to close thousands of dormant bank accounts
KARACHI: The federal government has decided to close thousands of dormant bank accounts belonging to various administrative departments. According to...
Pakistan optimistic about position on FATF grey list
ISLAMABAD: The Financial Action Task Force (FATF) will convene in Berlin, Germany this week from June 14 to 17, 2022,...
FBR clarifies news item publish on sales tax expenditure
ISLAMABAD: The Federal Board of Revenue (FBR) clarified a news item regarding the sales tax expenditure published by sections of...
Miftah Ismail to seek deferred payments for Qatari LNG
ISLAMABAD: Pakistan will seek a deferred payment plan for liquefied natural gas bought under long-term deals with Qatar, Finance Minister...
Govt to abolish subsidy on petroleum products for stabilizing economy: Miftah Ismail
ISLAMABAD: Minister for Finance and Revenue Miftah Ismail has said that government would abolish subsidy on petroleum products for stabilizing...
World Bank approves $300m for climate-resilient roads in KP
ISLAMABAD: The World Bank’s Board of Executive Directors on Friday approved $300 million in financing to support Pakistan in upgrading...
Torkham customs foils bid to smuggle fertilizer & sugar to Afghanistan
TORKHAM: Collectorate of Customs team foiled an attempt to smuggle fertilizer and sugar in large quantities along the Pak-Afghan border....
Multan Adjudication settles 61 seizure cases involving Rs228.393m
MULTAN: Collectorate of Customs Adjudication Multan Camp Office has disposed 61 seizure cases involving Rs.228.393 million during the month of...
SBP extends last date for exchanging old banknotes till December 31, 2022
KARACHI: The State Bank of Pakistan (SBP) has extended the last date for exchanging old banknotes of Rs10, 50, 100...
Microfinance effective tool for an inclusive financial system: SBP Deputy Governor
KARACHI: “The State Bank of Pakistan recognizes microfinance as an effective tool for an inclusive financial system as it gives...
MCCI welcomes tax on affluent class, terms budget 2022-23 good effort in prevailing scenario
MULTAN: The Multan Chamber of Commerce and Industry (MCCI) on Friday termed budget 2022-23 a good effort of the incumbent...
Awais Leghari to present Punjab budget today
LAHORE: Provincial minister Awais Leghari will present Punjab’s budget for the fiscal year 2022-23 on Monday (today). Punjab chief minister...
Tax collection target of over Rs7000b set for next fiscal year: Chairman FBR
ISLAMABAD: Chairman Federal Board of Revenue Asim Ahmad says tax collection target of over 7000 billion rupees has been set...
Details of direct, indirect taxes levied in Budget 2022-23
ISLAMABAD: Finance Minister Miftah Ismail announced changes to direct and indirect taxes for the fiscal year 2022-23. Details of the...
Workers’ remittances up 6.3pc to $28.4b in 11 months: SBP
KARACHI: The overseas Pakistani workers’ remittances grew by 6.3 percent in 11 months (Jul-May) of current fiscal year to US$28.4...
Govt unveils Rs9.5tr ‘stabilising’ budget for FY23
ISLAMABAD: The federal government unveiled the “toughest” federal budget for the next fiscal year 2022-23 in the National Assembly with...
Multan I&I recovers smuggled goods worth Rs190m from last two days
MULTAN: Under the supervision of Director Yasin Murtaza, Directorate of Customs Intelligence and Investigation (I&I) recovered huge smuggled goods worth...
Govt allocates Rs202b for highways, ports in FY2022-23
ISLAMABAD” Minister for Finance and Revenue Miftah Ismail said the government has allocated Rs. 202 billion for highways and ports...
