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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
Current account deficit climbs to $9.1b in 1H of FY2022
KARACHI: Pakistan's current account deficit climbed to $9.1 billion in the first half of this fiscal year, as compared to...
SHC directs to restore NTN, ID of M/s Kazi Corporation as per law
KARACHI: A two-member bench of the Sindh High Court (SHC) headed by Justice Irfan Sadat Khan directed customs officials to...
SHC directs to release consignment imported by M/s CA Traders on bank guarantee
KARACHI: The Sindh High Court (SHC) directed customs officials to release petitioner’s imported goods of miscellaneous items after securing differential...
Affectees of Cooperative Market, Victoria Building to get compensation soon: Nasir Hussain Shah
KARACHI: Sindh Minister for Local Government Syed Nasir Hussain Shah has assured that work on providing compensation to the affectees...
Pakistan’s exports to China up 69pc in 2021
ISLAMABAD: Pakistan’s export to China was increased by 68.9pc in 2021 and crossed the historical figure of $3.58 billion while...
FBR imposes 17pc sales tax on bakeries, restaurants & caterers
ISLAMABAD: The Federal Board of Revenue (FBR) will charge 17 percent sales tax on the food, food stuff, and sweetmeats...
SBP hosts event on ‘Digital Banks – A New Era in Pakistan’
ISLAMABAD: State Bank of Pakistan (SBP) issued “Licensing and Regulatory Framework for Digital Banks” earlier this month. To create awareness...
Pakistan’s weekly inflation declines 0.06pc
ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on January 20, for the combined consumption...
ECC approves export of commodities to Afghanistan in Pakistani currency
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Friday approved technical supplementary grants of Rs 5 billion for...
FIA to launch crackdown on crypto dealers
KARACHI: Considering cryptocurrency to be "a tool for money laundering", the Karachi-based Federal Investigation Agency (FIA) recently announced its intention...
FBR increases tax rates on motor vehicle registration
ISLAMABAD: The Federal Board of Revenue (FBR) notified the enhanced rates of advance tax on those vehicles, which sold prior...
Forex reserves fall $551.7m to $23.35b on debt payment
KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased a massive $562 million on a weekly...
SHC seeks comments on petition filed by M/s Swiz International Traders
KARACHI: A two-member bench of the Sindh High Court (SHC), headed by Justice Irfan Sadat Khan issued notices to the...
SHC seeks reply on petition filed by M/s Master Pipe Industries
KARACHI: The Sindh High Court (SHC) directed customs officials to make sure filing their respective para wise comments on a...
FBR freezes Aima Baig’s all bank accounts over unpaid income tax
LAHORE: The Federal Board of Revenue (FBR) Wednesday froze all the bank accounts of eminent Pakistani singer Aima Baig over...
Real potential of bilateral trade still needs to be achieved under PSFTA: Sri Lankan Trade Minister
KARACHI: Sri Lankan Minister of Trade Dr. Bandula Gunawardhane, while commenting on Pakistan Sri Lanka Free Trade Agreement (PSFTA), stated...
Pakistan-Netherlands excellence center to be inaugurated soon: Dutch Envoy
ISLAMABAD: The Dutch Investment Company will establish the Pakistan-Netherlands excellence center to be inaugurated soon, which will open up new...
FBR makes sticking tax stamps, UIM on cigarette packs mandatory
ISLAMABAD: The Federal Board of Revenue has made affixing a tax stamp or Unique Identification Marking (UIM) mandatory on every...
Torkham Customs seizes narcotics worth Rs1340m in separate operations
TORKHAM: Shahid Jan Additional Collector Appraisement Torkham has said that Customs has seized narcotics valued at Rs1,340 million being smuggled...
Govt to present budget for next fiscal year in first week of June
ISLAMABAD - The federal government would present the annual budget for next fiscal year 2022-23 in the first week of...
