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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
SHC dismisses petitions filed by M/s Ghandhara Industries Private Limited challenging imposition of additional customs duty
KARACHI: A two-member bench of the Sindh High Court (SHC) dismissed the constitutional petitions as not press along with pending...
Customs Court approves charge sheet against owner of M/s Transcom Tech in tax evasion scam
KARACHI: The Customs Court approved charge sheet and supplied copy of the case to counsel for suspect namely Rahim Zaada,...
CEO required for Federal Board of Revenue Foundation
ISLAMABAD: Applications have been invited for the appointment of Chief Executive Officer (CEO) of the Federal Board of Revenue Foundation...
IMF damaging Pakistan’s economy by asking for more taxes, American economist says
ISLAMABAD: Renowned American economist Dr. Arthur B. Laffer, who visited Pakistan recently, has claimed that the international lending agencies, like...
Karachi industrialists lambasted non-provision of gas
KARACHI: Chairman of BMG and Patron-in-Chief of SITE Association Zubair Motiwala, Vice Chairman BMG M. Jawed Bilwani, President SITE Association...
Number of microfinance borrowers increases to record 8.2m
ISLAMABAD: The number of active microfinance borrowers increased 20 per cent year-on-year (YoY) to an all-time high of 8.2 million...
Govt notifies Dr. Shahab Imam as member of Civil & Criminal Laws Reforms Committee
ISLAMABAD: Renowned advocate Dr Shahab Imam has been nominated as co-opt member of the Civil and Criminal Laws Reforms Committee....
Pakistan’s weekly inflation rises by 1.07pc
ISLAMABAD: The prices of various food items went down during the week ending on November 18 as compared to the...
Sustainable growth is our goal: SBP Governor Reza Baqir
KARACHI: State Bank of Pakistan (SBP) Governor Dr Reza Baqir said on Friday that with the news of Saudi aid,...
RCCI strongly resents 150 basis points hike in SBP’s interest rate
RAWALPINDI: The Rawalpindi Chamber of Commerce & Industry (RCCI) on Friday showed strong reservations for increasing 150 basis points in...
Customs Court frames charge against suspect in bogus refund of sales tax scam
KARACHI: The Customs Court framed charged against Muhammad Jawaid of M/s Friends Enterprises and summons to prosecution witnesses for recording...
FBR serves notice to filmstar Arbaz Khan
LAHORE: Renowned Pakistani film star Arbaz Khan was served by a Federal Board of Revenue (FBR) notice. FBR had sent...
FTO directs FBR to rectify misconduct at customs check posts
ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has directed the Federal Board of Revenue (FBR) to rectify the...
Trade deficit in services soars by 39pc YoY in 4MFY22
ISLAMABAD: Pakistan’s trade deficit in services worsen by 39% YoY to $1.04bn during the 4M of the fiscal year 2022...
Pakistan to barter rice for LPG from Iran: Razak Dawood
ISLAMABAD: Pakistan would import liquefied petroleum gas (LPG) from Iran in exchange for rice under a barter arrangement endorsed by...
Export sector to get stable gas supply during winter: Hammad Azhar
ISLAMABAD: Federal Minister for Energy Hammad Azhar on Friday assured the export sector of stable gas supply during winters. Amid...
Monetary policy: SBP jacks up interest rate by 150 bps to 8.75pc
KARACHI: In line with market expectations, the State Bank of Pakistan (SBP) on Friday announced an increase of 150 basis...
FBR authorizes IR officers to obtain sales tax record for inspection
MULTAN: The Federal Board of Revenue has authorized Inland Revenue Officers to obtain sales tax record after the issuance of...
Bank staffers allegedly encouraged dollar hoarding, shares: SBP Governor Reza Baqir
KARACHI: Governor State Bank of Pakistan (SBP) Reza Baqir met the heads of multiple banks and conveyed that their staffers...
Pakistan’s foreign exchange reserves slip to $23.55b
KARACHI: The liquid foreign exchange reserves of the country slipped by $476 million to $23.55 billion by the week ended...
