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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 fixes new valuations of immovable properties in Islamabad
ISLAMABAD: The Federal Board of Revenue (FBR) has lowered the fair market value of immovable properties in Islamabad after consultation...
Govt imposes taxes, duties of Rs31 on petrol
ISLAMABAD: The taxes, duties, margin and levies of Rs31.57 have been imposed on the per liter prices of petroleum products....
FBR terminates IRS Assistant Director Masud Humayun on charges of misconduct
ISLAMABAD: The Federal Board of Revenue (FBR) has terminated the job of BS-17 official of Inland Revenue Service (IRS) on...
Remittances grow by 11.3pc to $15.8b in 1HFY22
ISLAMABAD: The workers remittances grew by 11.3 percent during the first half of the current fiscal year as compared to...
Pakistan’s weekly inflation hits 19.82pc
ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on January 13, for the combined consumption...
Pakistan to repay foreign loans worth $8.638b till June
ISLAMABAD: Pakistan has to repay foreign loans worth $8.638 billion during the second half (December-June) of the fiscal year 2021-22....
Booster Dose Camp at Customs House to start functioning from Jan 17
KARACHI: Deputy Collector Inamullah Wazir issued a circular regarding Covid-19 Booster Dose Camp at Customs House. Collectorate of Customs Enforcement...
M/s Hashim Lakhani & Sons moves SHC against detention of imported consignments
KARACHI: A division bench of the Sindh High Court (SHC) issued notices to the customs department and deputy attorney general...
7pc sales tax on milk products, oil seeds other essential products be withdrawn: KCCI
KARACHI: The Leadership of Businessmen Group & Karachi Chamber of Commerce & Industry (KCCI) have expressed reservations on various taxation...
Peshawar Enforcement foils bid to smuggle US Army rifles worth Rs10m into Pakistan
PESHAWAR: Collectorate of Customs Enforcement has foiled an attempt to smuggle huge quantity of American rifles (old/used) coming from Afghanistan....
FBR issues notice to Aima Baig for not paying Rs85m tax
LAHORE: The Federal Board of Revenue (FBR) has served a notice on famous singer Aima Baig for non-payment of Rs...
SHC directs to release consignment imported by M/s Bismillah Store on bank guarantee
KARACHI: A two-member bench of the Sindh High Court (SHC) directed customs officials to release the imported consignments comprising cat...
Expatriates sent over $3bn to Roshan Digital Account
KARACHI: Minister of State for Information and Broadcasting Farrukh Habib has said that the government has made the process of...
Sale, production of cars up by over 71pc in 1st half of FY22
ISLAMABAD: The sale and production of cars witnessed an increase of 71.22 and 72.85 percent respectively during the first half...
Finance bill aimed at documenting economy, capture tax chain. Muzammil Aslam
ISLAMABAD: Spokesperson to Minister of Finance, Muzammil Aslam has said that supplementary finance bill was aimed at documenting the national...
Fuel charges adjustment: NEPRA approves tariff hike of Rs4.30 per unit
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Thursday increased power tariff by Rs4.30 per unit on account of...
Collector Customs will process duty draw backs claims of registered units
MULTAN: The Collector of Customs with jurisdiction on the area where the unit is registered will process duty draw back...
SBP wins IFN global award Best Central Bank for 2nd consecutive year
KARACHI: Islamic Finance News (IFN), an arm of REDmoney Group, Malaysia, has announced State Bank of Pakistan (SBP) as the...
SBP-held foreign exchange reserves fall $88mn, stand at $17.6bn
KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased $88 million on a weekly basis, clocking...
Pakistan plans to ban cryptocurrencies as stance hardens: reports
KARACHI: The government of Pakistan and its central bank want to ban the use of cryptocurrencies, local media reported, citing...
