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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
Multan Customs generates Rs35.77m revenue during December
MULTAN: Collectorate of Customs Enforcement and Compliance (E&C) has collected Rs35.77 million under the heads of customs duty, sales tax...
M/s Swiz International Traders moves SHC challenging VR 1220/2017
KARACHI: M/s Swiz International Traders has approached the Sindh High Court (SHC) and filed a constitutional petition seeking release order...
FTO directs Pakistan Customs to clear 8,522 pending auction-able lots in two months
LAHORE: The Federal Tax Ombudsman (FTO) Dr. Asif Mehmood Jah in pursuance of an Own Motion investigation, has directed the...
KCCI organizes Free Medical Camp
KARACHI: The Karachi Chamber of Commerce & Industry (KCCI) in collaboration with Dr. Essa Laboratory & Diagnostic Centre, Hashmanis Group...
EFP seeks 180 days’ facility for exporters
KARACHI: President, Employers’ Federation of Pakistan(EFP), Ismail Suttar was disappointed by the central bank’s decision to run amok in their...
Businessm community in KP concerned at unnecessary actions
PESHAWAR: Expressing concern over ‘unnecessary actions’ on the pretext of floating rules, the business community urged the Federal Tax ombudsman...
Govt extends deadline for exchange of old banknotes till Dec 31
KARACHI: The federal government on Friday announced an extension in the last date for exchanging old banknotes of Rs10, 50,...
Scores of Pakistanis defrauded of Rs17.5bn on apps linked to Binance
KARACHI: Sindh Federal Investigation Agency (FIA) Cyber Crime unit summoned a representative of global cryptocurrency exchange Binance in a scam...
Tarin advises tax-avoiders to pay taxes before govt reaches them
ISLAMABA: The Federal Minister for Finance and Revenue, Shaukat Tarin advised the unregistered potential taxpayers to initiate paying taxes before...
OMAP to get full banking support: Baqir
LAHORE: State Bank of Pakistan Governor Reza Baqir has assured central bank’s full support in resolving issues of Oil Marketing...
Razak vows for increasing, IT export to $3.7b in FY 2021-22
ISLAMABAD: Adviser to the Prime Minister on Commerce and Investment, Abdul Razak Dawood has said that there is a lot...
WB country director congrats Ehsaas on successful completion of South Asia’s first digital survey
ISLAMABAD: The World Bank (WB) Country Director Najy Benhassine congratulated Ehsaas on the successful completion of South Asia’s first digital...
Inflation witnesses slight increase of 0.08pc in first week of 2022
ISLAMABAD: The prices of various food items went down during the week ending on January 6 as compared to the...
Finance committee rejects proposals to increase sales tax on various items
ISLAMABAD: The Senate Standing Committee on Finance Revenue and Economic Affairs has rejected the proposals to impose a 17 per...
FBR to introduce National Sales Tax Return
ISLAMABAD: The FBR has decided to launch the National Sales Tax Return. According to the FBR announcement, in order to...
Trade deficit widens 106pc in July-Dec
ISLAMABAD: Pakistan’s trade deficit year-on-year widened by a sharp 106.4 per cent to $25.478 billion which was driven largely by...
Forex reserves fall $169m to wind up at $17.69b
KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased $169 million on a weekly basis, clocking...
Housing, construction finance jumps to Rs355b in CY21: SBP
KARACHI: Recording an unprecedented growth of 85%, banks’ outstanding credit for housing and construction increased by Rs163 billion, from Rs192...
RCCI concerns on difficulties faced by Pakistani students in continuing their education in China.
RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) has shown strong concerns over the difficulties faced by Pakistani students...
Multan Customs seizes NDP vehicles & goods worth Rs347.3m during December
MULTAN: Collectorate of Customs Enforcement and Compliance (E&C) has seized non-customs paid vehicles and miscellaneous goods worth Rs347.3 million during...
