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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 unearths tax evasion of Rs27.7m by M/s Best Deal Enterprises
KARACHI: Directorate of Customs Intelligence and Investigation (I&I) has impounded huge quantity of auto parts imported by M/s Best Deal...
SBP rejects claims of ‘large withdrawals’ from Roshan Digital Accounts
KARACHI: The State Bank of Pakistan (SBP) denied social media posts that claimed large withdrawals were taking place from Roshan...
Federal Shariat Court reserves judgment in Riba Case
ISLAMABAD: The Full Bench of the Federal Shariat Court comprising of Justice Muhammad Noor Meskanzai Chief Justice, Justice Dr. Syed...
Call for more steps to increase Pakistan-Morocco trade
KARACHI: President FPCCI, Irfan Iqbal Sheikh has enhanced on business-to-business and chamber-to-chamber ties, along with more interaction between two governments...
FBR issues details of amnesty scheme for industrial sector
LAHORE: The Federal Board of Revenue (FBR) had issued details of the amnesty scheme for industrial sector and encouraged entrepreneurs...
Multan Adjudication settles 50 seizure cases involving Rs242.975m
MULTAN: Collectorate of Customs Adjudication Multan Camp Office has disposed 50 seizure cases involving Rs.242.975 million during the month of...
Gold extends slide on rupee appreciation, political stability
KARACHI: Amid the recovery in other commodity markets, gold price in Pakistan dropped Rs900 per tola to settle at Rs131,400...
SBP governor pledges ‘timely policy actions’
KARACHI: Amid ongoing political crisis and fluctuating economy, State Bank of Pakistan (SBP) Governor Dr Reza Baqir pledged "timely policy...
SHC seeks recommendation on legal status of cryptocurrency
KARACHI: The Sindh High Court (SHC) directed finance ministry to submit recommendations on legal status of cryptocurrency in two months....
PM Shahbaz Sharif spells out economic priorities; assures nation to achieve prosperity thru untiring efforts
ISLAMABAD: Prime Minister Mian Muhammad Shahbaz Sharif announced immediate remedial measures to ensure economic turnaround by stemming against the rising...
Syed Tauqir Hussain Shah posted as PM Shahbaz’s secretary
ISLAMABAD: Following the oath-taking ceremony of Prime Minister Shehbaz Sharif, Dr Syed Tauqir Hussain Shah has been transferred and posted...
SECP registers 2,354 new companies in March
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 2,354 new companies in March 2022, raising the total number...
Cost of water supply project from Mohmand dam increased by Rs53b
PESHAWAR: The estimated cost of the project for drinking water supply to Peshawar from the under construction Mohmand dam has...
Debt to GDP ratio falls to 72pc in FY21, 67pc till Dec FY22
ISLAMABAD: Public debt, as a percentage of Gross Domestic Product (GDP), decreased to 72 per cent during the fiscal year...
FPCCI rejects 250bps hike in interest rate
KARACHI: The Federation of Pakistan Chambers of Commerce & Industry (FPCCI), the country's apex trade body rejected the central bank...
FBR detects fraudulent declaration of goods in sales tax returns
LAHORE: The Federal Board of Revenue (FBR) has detected that traders in supply chain fraudulently declaring goods in sales tax returns. The...
SHC seeks comments from customs officials on petition filed by M/s Mian Shafiq Business International
KARACHI: A two-member bench of The Sind High Court (SHC) directed customs officials to file their respective para wise comments...
Customs court confirms bail to suspect booked in mega tax evasion scam
KARACHI: The Customs Court confirmed bail to suspect Akhtar Jameel Rehmani, owner of M/s Union Enterprises and called prosecution witnesses...
Pakistan, China express satisfaction over progress on CPEC SEZs
ISLAMABAD: Pakistan and China have expressed satisfaction over the progress on CPEC Special Economic Zones, particularly those of Rashakai, Allama...
ICCI for urgent measures to curb rising trade deficit
ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has expressed great concerns over the rising trade deficit of the...
