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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
LCCI raises concerns over likely hike in power tariff
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has expressed concerns over the likely increase of Rs6.10 per unit...
Pakistan to catch up $9.1b e-commerce market by 2025: Aon Abbas
ISLAMABAD: Special Assistant to Prime Minister on E-Commerce, Senator Aon Abbas Buppi has said that the country’s e-commerce trade would...
ECC allows regulatory cover to barter trade with Afghanistan, Iran
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet allowed regulatory cover to barter trade arrangements with Afghanistan and Iran...
US slaps NBP with $55m in fines for non-compliance
NEW YORK: Two US authorities on Thursday imposed fines worth $55 million on the National Bank of Pakistan (NBP) and...
Pakistan’s current account gap widens to historic high of $2.6b: SBP
KARACHI: Pakistan’s current account deficit — the gap between the country’s higher foreign expenditure and low income —widened to a...
Customs Court approves charge sheet against M/s Ahmed Industries for fake sales tax refund
KARACHI: The Customs Court approved progress report against suspect namely Ahmed Ali, owner of M/s Ahmed Industries for fake/cheating of...
CCoP approves sale of government shares of Heavy Electrical Complex
ISLAMABAD: The Cabinet Committee on Privitisation (CCoP) approved the sale of all government shares (96.6 per cent) of Heavy Electrical...
How will Ukraine conflict affect petrol prices in Pakistan?
KARACHI: Pakistanis may see another surge in fuel prices following fluctuations in global crude oil prices due to international geopolitical...
Multan Adjudication settles 56 seizure cases involving Rs278.076m
MULTAN: Collectorate of Customs Adjudication Multan Camp Office has disposed 56 various seizure cases involving Rs278.076 million during the month...
Arif Balgamwala first-ever Pakistani to win gold medal at London 2022 Exhibition
LONDON: Pakistan has won a Gold medal in the International Stamp Exhibition ‘‘London 2022’’ held in the United Kingdom (UK)....
SHC directs to release consignment imported by M/s Swiz International Traders
KARACHI: A two-member bench of the Sindh High Court (SHC) directed customs officials to release the imported goods on provisional...
Govt’s endeavors set to turnaround Pakistan’s economy: Tarin
ISLAMABAD: Minister for Finance and Revenue Shaukat Tarin has said that the government’s endeavors in rectifying the past government’s wrong...
Pakistan acquired loans worth $12b since July 2021: EAD
KARACHI: According to a report published by the Economic Affairs Division (EAD), the Federal government has taken $12bn loans since...
Rawalpindi I&I seizes goods worth Rs60m
RAWALPINDI: The Directorate General of Customs Intelligence and investigation Rawalpindi have seized Rs.60 millions of smuggled goods during month of...
Pakistan earns $1301m from IT services’ export in 1HFY22
ISLAMABAD: Pakistan earned US $1301.880 million by providing different Information Technology (IT) services in various countries during the first half...
Food security ministry directed to make strategy for enhancing potato exports
ISLAMABAD: Keeping in view the bumper crop prospects, the Federal Minister for Finance and Revenue, Shaukat Tarin directed the Ministry...
FBR dismisses PCS officer Ghulam Hussain Khoso for misconduct
LAHORE: An officer of Pakistan Customs Service (PCS) has been awarded the major penalty of ‘dismissal from service’ on charges...
FBR freezes all accounts of SSGC over Rs23b default
KARACHI: The Federal Board of Revenue (FBR) froze all bank accounts of the Sui Southern Gas Company Limited (SSGC) over...
SHC declares FBR’s sectoral audit selection illegal
KARACHI: The selection of income tax audit of various sectors by the Commissioners on the instructions of the Federal Board...
Customs Court approves after arrest bail to suspects in HSD oil smuggling case
KARACHI: The Customs Court approved after arrest bail to suspects namely Muhammad Iqbal son of Muhammad Aziz Khan owner of...
