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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
PACF hands over 28 truckloads of wheat to Afghanistan
TORKHAM: The Pak-Afghan Cooperation Forum (PACF) handed over 28 truckload of wheat to Afghan authorities on behalf of people of...
LHC sets new rules for delivery of NDP vehicles
LAHORE: Lahore High Court (LHC) has remarked custody of non-custom paid vehicle cannot be handed over to its real owner...
Pakistan purchased LNG cargoes at $14.5/MMB for current month: Hammad Azhar
ISLAMABAD: Minister for Energy Hammad Azhar has said Pakistan had purchased weighted average of around 10 Liquefied Natural Gas (LNG)...
MoF refuses to provide funds for procurement of sugar from mills
ISLAMABAD: The Ministry of Finance (MoF) has refused to allocate funds for the purchase of sugar citing financial constraint, reported...
First oil tanker under ‘Saudi Oil Facility’ to be arrived soon
ISLAMABAD: Federal Minister for Economic Affairs, Omar Ayub Khan has said first oil tanker under ‘Saudi Oil Facility’ to be...
KCCI submits report carrying final compensation claims of Rs445.20m
KARACHI: After successfully demonstrating complete unity and sincerity towards the affectees of Bolton Market Incident in 2009 and Timber Market...
Pakistan trade deficit grows 82.2pc to $31.9bn during first eight months of FY2022
KARACHI: Pakistan’s current fiscal year deficit for the first eight months (July-February) of the current fiscal year increased by 82.2...
Pakistan’s forex reserves decline to $22.875b
KARACHI: Pakistan’s total liquid foreign exchange reserves have declined by $351 million to $22.875 billion by week ended February 25,...
Slow pace of foreign funding halts KP development projects
PESHAWAR: The Khyber Pakhtunkhwa (KP) government said that the international financial institutions have provided just 20% of the promised funds...
SBP issues unified QR code to accelerate digital payments
KARACHI: State Bank of Pakistan (SBP) has issued standards for Quick Response (QR) code based payments in Pakistan to accelerate...
FBR’s robust revenue growth enabled govt to subsidize petrol, electricity: PM Imran Khan
ISLAMABAD: Prime Minister Imran Khan said robust revenue growth of 28.5 percent by the Federal Bureau of Revenue (FBR) had...
President Alvi promulgates ordinance to bring about industrial development
ISLAMABAD: President Dr. Arif Alvi promulgated the Income Tax (Amendment) Ordinance 2022 for industrial development in the country. The Ordinance,...
POS verified invoices increase as FBR’s prize scheme grows popular
ISLAMABAD: Amongst various innovative digital interventions made by FBR to maximize tax compliance through automation of its operations and facilitation...
PKIC, RJ Fleming Co. join hands to launch Pakistan focused private equity fund
ISLAMABAD: The Kuwait Investment Authority’s joint venture with the Pakistan government, Pakistan Kuwait Investment Company (Private) Limited (PKIC) and R.J....
FTO recommends security audit of FBR’s IT Wing
LAHORE: As per the ongoing investigation done by the Federal Tax Ombudsman (FTO) it was decided that the Federal Board...
FEBR hails tax amnesty for industrialists, reduction in POL prices, seeks general amnesty
LAHORE: Friends of Economic and Business Reforms (FEBR) President Kashif Anwar while hailing the amnesty for industrialists, reduction in petroleum...
OGRA notifies increase in gas prices
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has increased the average gas prices by up to 16.37 per cent...
First Lady Samina Arif Alvi opens Blue Fair in Multan
MULTAN: First Lady, Ms Samina Arif Alvi, inaugurated the 8th three-day long Blue Fair exhibiting handicrafts, garments, jewelry, furniture, cosmetic...
Exports increased by 26pc in last 8 months: Razak Dawood
ISLAMABAD: Adviser to Prime Minister on Commerce and Investment, Abdul Razak Dawood on Wednesday said that country’s exports have been...
Customs I&I recovers huge quantity of smuggled diesel
KARACHI: Directorate of Customs Intelligence and Investigation (I&I) has foiled a bid to smuggle huge quantity of diesel. Sources said...
