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
FBR, PRA to introduce single ST return soon’
LAHORE: The Federal Board of Revenue (FBR) and the Punjab Revenue Authority (PRA) would soon be introducing single sales tax...
SBP penalises 3 banks Rs131m over operational violations
KARACHI: The State Bank of Pakistan (SBP) has imposed penalties of Rs131.42 million on three major banks for violating various...
SBP-held foreign exchange reserves decline by $190m
KARACHI: The country’s foreign exchange reserves held by the State Bank of Pakistan (SBP) continued to decline on a weekly...
Sugar production expected to increase by 15-20 lac tonnes: FBR
ISLAMABAD: FBR has predicted an increase of 15-20 lac tonnes in sugar production in the coming crushing season citing better...
Govt withdraws fixed tax on traders’ electricity bills for one year
ISLAMABAD: The government has announced to withdraw the fixed tax scheme for traders for one year, according to media reports....
APTMA appreciates FTO for prompt relief to export sector
LAHORE : All Pakistan Textile Mills Association (APTMA) appreciated Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah for providing prompt...
President for bringing women in business, trade, industrial sectors
ISLAMABAD: President Dr Arif Alvi called upon the women representative bodies, Non-Government Organizations (NGOs), women wings of political parties, eminent...
SBP introduces foreign currency business accounts for NRPs
KARACHI: The State Bank of Pakistan (SBP) on Wednesday introduced a separate category of foreign exchange (FX) accounts named as...
Pakistan, Japan agree to enhance trade, investment relations
ISLAMABAD: Pakistan and Japan have agreed to further enhancing bilateral trade and investment relations and close cooperation on regional and...
SBP shuts four branches of two exchange companies
KARACHI: The State Bank of Pakistan (SBP) shut down four branches of two different foreign exchange companies on Wednesday. According...
Iqbal for taking measures to boost exports to China up to $30b
ISLAMABAD: Federal Minister for Planning Development and Special Initiatives Professor Ahsan Iqbal has said that time has come to approach...
Peshawar Enforcement recovers smuggled goods worth Rs32m
PESHAWAR: Collectorate of Customs Enforcement has thwarted an attempt to smuggle huge quantity of USA origin almond without shell, tyres...
SBP PIB Auction: Rs298.5b raised against a target of Rs175b
KARACHI: The government raised Rs298.5 billion of debt against a target of Rs175bn, primarily focused on a 5-year tenor in...
Consultative session on investment policy held
LAHORE: Lahore Chamber of Commerce and Industry (LCCI) and Punjab board of Investment and Trade (PBIT) jointly organized a consultative...
KP govt to set up commercial courts to settle business disputes of over Rs300,000
PESHAWAR: The Khyber Pakhtunkhwa (KP) government has announced to set up commercial courts to resolve trade disputes of over Rs300,000....
Agriculture machinery valuing $112.025m imported in FY2021
ISLAMABAD: The imports of agriculture machinery and implements into the country during financial year ended on June 30,2022 witnessed about...
Efforts on to further boost Pak-UAE cooperation
ISLAMABAD: Federal Minister for Finance & Revenue, Miftah Ismail highlighted that the incumbent government was focusing on various new avenues...
Pakistan’s economic problems temporary: Finance Ministry, SBP
KARACHI: Pakistan’s economic problems are temporary and being forcefully addressed, the Finance Ministry and the State Bank of Pakistan (SBP)...
Pakistan has fulfilled last prior action after increasing oil levy: IMF
ISLAMABAD: Pakistan has completed the last precondition for the combined seventh and eighth reviews, the International Monetary Fund (IMF) said...
Govt reviewing tax related issues: Miftah Ismail
ISLAMABAD: Federal Minister for Finance and Revenue Miftah Ismail has said that that reviews were being carried out for resolving...
