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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
Gwadar I&I seizes smuggled gutka from Jewani crossing
GWADAR: Directorate of Customs Intelligence (I&I) has recovered huge quantity of gutka which was dumped at Jewani crossing. Total worth...
PM for reinvigorating ties with Japan in trade, investment
ISLAMABAD: Prime Minister Shehbaz Sharif on Monday said his government was focusing on reinvigorating ties with Japan in the field...
Govt considering increasing tax on income through social media
ISLAMABAD: Federal Government is considering a proposal to increase tax on income made through social media platforms. According to details,...
Miftah Ismail rules out imposition of financial emergency in Pakistan
Islamabad: Finance Minister Miftah Ismail ruled out the possibility of a financial emergency in the country after the government took...
Govt promoting business-friendly environment: Pasha
ISLAMABAD: Minister of State for Finance and Revenue, Dr. Aisha Ghous Pasha has said that the government was promoting business-friendly...
SBP dispels rumours about freezing foreign currency accounts, lockers
KARACHI: The federal government and State Bank of Pakistan (SBP) rebutted rumours circulating on social media regarding the seizure of...
Led by Faiz Ahmad, Lahore Customs revenue grows by 66pc
LAHORE: The revenue of Customs Appraisement & Facilitation (Central), Lahore, saw a significant increase under its Chief Collector Faiz Ahmad,...
25,533 new companies registered with 51% growth in FY 21: SECP Annual report
ISLAMABAD): During the fiscal year 2020-21, 25,533 new companies were registered showing a growth of 51 percent, said a Security...
Pakistan-Iran goods train service restored after 22-hour suspension
QUETTA: Pakistan Iran railway service restored after 22 hours. Five bogies of a freight train from Iran’s Zahedan were derailed...
Lahore RTO collection grows 59pc to 18.3b YoY
LAHORE: The Regional Tax Office (RTO) Lahore has collected Rs18.3 billion in the month of May against Rs11.5 billion in...
FBR directs 113 retailers to integrate with POS system by June 10
ISLAMABAD: The Federal Board of Revenue (FBR) has issued a list of 113 retailers and directed them to integrate by...
Bilateral trade volume between Italy and Pakistan has exponentially grown to €1.52b
ISLAMABAD: Bilateral trade volume between Italy and Pakistan has exponentially grown from € 1.42 billion in 2019 to €1.52 billion...
We are no Sri Lanka, our GDP growth has increased: SBP Governor Dr. Murtaza Syed
KARACHI: Dr. Murtaza Syed, the acting governor of the State Bank of Pakistan (SBP), said in a podcast on Thursday...
Relief package be announced for small traders/ shopkeepers, business cost be reduced for industries’
KARACHI: Chairman Businessmen Group Zubair Motiwala and President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Idrees, while referring to...
Goods transporters halt port operations after hike in fuel prices
KARACHI: Supply of raw materials to industries might get affected nationwide as goods transporters have halted their operations, demanding a...
ECC allows levy of 10pc regulatory duty on import of motor spirit
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet allowed a levy of 10% regulatory duty on the import of...
FBR transfers 4 PCS officers of BS17-18 with immediate effect
ISLAMABAD: The Federal Board of Revenue has issued notification for transfers and postings of BS-18 and Bs-17 officers of Pakistan...
FBR announces sales tax exemption on import of oxygen gas till June 30
ISLAMABAD: The Federal Board of Revenue (FBR) has exempted the sales tax on import of oxygen gas up to June...
Weekly inflation goes up by 2 percent
ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on June 2 for the combined consumption...
Quetta I&I thwarts attempt to smuggle goods worth Rs24.4m to Karachi
QUETTA: Directorate of Customs Intelligence (I&I) has intercepted a passenger bus near Lackpass Tunnel on Quetta-Karachi Road and recovered huge...
