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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
FBR raises regulatory duty on import of luxury vehicles
ISLAMABAD: The FBR increased regulatory duty on the import of sports utility vehicles, new 4×4 vehicles (CBU), new minivans (CBU),...
DG Customs Valuation powers strengthened through amendments
ISLAMABAD: The powers of Director General Customs Valuation have been strengthened through amendments made through Finance (Supplementary) Act, 2022. The...
Customs JIAP foils bid to smuggle currency worth Rs120m abroad
KARACHI: Collectorate of Customs team deputed with Jinnah International Airport (JIAP) with a joint operation with Airport Security Force (ASF)...
OICCI seeks Withholding IT exemption certificates from FBR
ISLAMABAD: The Overseas International Chambers of Commerce and Industries (OICCI) has written a letter to the Chairman FBR Dr Mohammad...
Govt taking all possible steps to attract investors
ISLAMABAD: Prime Minister Imran Khan has said that government was taking all possible steps to attract investors towards industrial manufacturing...
FBR increases regulatory duty on motor vehicles from 15pc to 50pc
ISLAMABAD: The Federal Board of Revenue (FBR) on Friday announced a sharp increase in regulatory duty on import of new...
Pakistan Customs awards merit certificates to four employees
MULTAN: Customs Central Region awarded merit certificates to four employees of Multan Collectorate for their exceptional performance during the existing...
PTBA urges FBR to review decision regarding assignment of tax related cases to third party auditors
LAHORE: The Pakistan Tax Bar Association (PTBA) has expressed grave concerns over the decision taken by the Federal Board of...
SHC grants urgency on petition filed by M/s N.P Cotton against detention of Zimbabwe Raw Cotton
KARACHI: A two-member bench of the Sindh High Court (SHC) granted urgent application on a constitutional petition filed by M/s...
SHC extends interim order on petition filed by M/s Muslim Enterprises
KARACHI: A two-member bench of the Sindh High Court (SHC) directed customs officials to file their respective para wise comments...
Issue of input tax adjustment to be resolved soon: FBR
ISLAMABAD: The Federal Board of Revenue (FBR) assured the retailers that the issue of input tax adjustment would soon be...
Prices of petroleum products expected to increase by up to Rs10: reports
ISLAMABAD: The price of petroleum products is expected to increase by up to Rs10 next month in view of rising...
FIA summons NBP President, 18 top officials for questioning in financial scam
ISLAMABAD: The Federal Investigation Agency (FIA), Karachi Zone has reportedly summoned 19 top officials of the National Bank of Pakistan...
LEJA holds discussions on energy reforms
LAHORE: Pakistan Electric Power Company (Pepco) former managing director Tahir Basharat Cheema on Thursday while addressing a discussion session organised...
SBP’s foreign exchange reserves drop to $16.2b
KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased a massive $846 million on a weekly...
SHC directs to release consignment of pet foods imported by M/s Qureshi Enterprises
KARACHI: A two-member bench of the Sindh High Court (SHC), headed by Justice Irfan Sadat Khan released imported consignment of...
Envoy invites Karachi’s business community to invest in Azerbaijan’s AFEZ
KARACHI: The Ambassador of Azerbaijan Khazar Farhadov, while highlighting the potential, opportunities and incentives being offered to foreign investors, invited...
Revised property valuation: Tarin asks FBR to extend deadline until March 1
ISLAMABAD: Federal Minister of Finance Shaukat Tarin directed the Federal Board of Revenue to extend the deadline to implement revised...
FBR explains WHT matter regarding foreign exchange companies
ISLAMABAD: The Federal Board of Revenue (FBR) clarified that the notices were issued only to those foreign exchange companies where...
Rampant street crimes in SITE makes industrialists feel unsecure
KARACHI: President, SITE Association of Industry, Abdul Rasheed, has expressed grave concern over increasing number of crimes in SITE Karachi...
