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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
Cars’ sale surges 38pc in 4MFY22
MULTAN: Car sales during the first four months of current fiscal year 2021-22 (4MFY22) has surged by 38 per cent...
President upholds Mohtasib’s decisions ordering banks to refund Rs14m to fraud victims
ISLAMABAD: On Friday, President Dr. Arif Alvi upheld two separate decisions of the Banking Mohtasib ordering Al Baraka Bank Ltd...
Customs I&I recovers smuggled cloth worth Rs160.2m during last 15 days
KARACHI: The Directorate of Customs Intelligence and Investigation (I&I) has seized foreign origin cloth worth Rs160.2 million during last 15...
Surge in inflation: Price of tomatoes, eggs, 28 other items increase
KARACHI: The weekly inflation, based on the Sensitive Price Index (SPI), for the week that ended on November 11 registered...
Pakistan Customs develops automated facility in WeBOC System
LAHORE: In the continuation of the ongoing drive for digitization, Pakistan Customs (FBR) has developed an automated facility in WeBOC...
FBR website stopped working after cyberattack
ISLAMABAD: People faced trouble accessing the Federal Board of Revenue (FBR) website as it has stopped working and showing an...
Customs Court approves bail of clearing agent & importer in mega tax evasion scam
KARACHI: The Customs Court granted bail to applicants Aqeel Ahmed, clearing agent, Shafeeq Ahmed, owner of M/s Shafiq & Sons...
Govt to harmonise tax laws by merging them into one law book
ISLAMABAD: The federal government has decided to harmonise all four tax laws by merging them into one law book, ‘single...
SHC directs to release consignment of Spandex baby diapers on bank guarantee
KARACHI: A two-member bench of the Sindh High Court (SHC) directed customs high officials to release detained consignment of baby...
Rs10,000b added to internal debt of Pakistan in three years, Senate told
ISLAMABAD: The internal debt of Pakistan has been increased by Rs10,000 billion in a time span of three years. Finance...
Pak Rupee drops to historic low of Rs176 against US dollar
KARACHI: The Pakistani currency dropped Friday to an all-time low of Rs176 against the US dollar in the inter-bank market...
Pakistan’s forex reserves inch up to $24.026 billion
KARACHI: The foreign exchange reserves of Pakistan have increased $100 million to $24.026 billion by the week ended November 5,...
MTBA submits proposals for implementation of electronic filing of appeals in sales tax & federal excise duty
MULTAN: Multan Tax Bar Association (MTBA) has submitted suggestions to the Federal Board of Revenue (FBR) for the implementation of...
Customs Appraisement registers FIR against suspects for replacing high value goods
LAHORE: Collectorate of Customs Appraisement has registered another FIR against suspects for illegally replacing high value goods from a transshipment...
Rahmatulah Vistro posted as Director Transit Trade with immediate effect
ISLAMABAD: Pakistan Customs has posted one of its best officer Dr. Rahmatulah Vistro as Director, Directorate of Transit Trade (Hq)...
M/s Tradesol International Trading moves SHC against higher valuation of Ginger & Garlic
KARACHI: A two-member bench of the Sindh High Court (SHC) granted urgent application and issued notices to the customs officials...
Govt to take actionable steps for growth in SME Sector: Khusro
ISLAMABAD: Federal Minister for Industries and Production, Makhdum Khusro Bakkhyar has said the government was taking actionable and challenging steps...
Saudi Arabia to ‘soon’ transfer cash assistance to Pakistan: Envoy Nawaf Al-Malki
ISLAMABAD: Saudi Arabia will soon disburse cash deposit to Pakistan under the pledged financial assistance after approval of the Royal...
11pc customs duty on polyester yarn be brought down to 7pc: PYMA
KARACHI: Central Chairman of Pakistan Yarn Merchants Association (PYMA) Saqib Naseem has stressed that the existing custom duty of 11...
OICCI recommends robust policy measures for long-term energy sector reform
ISLAMABAD: The Overseas Investors Chamber of Commerce and Industry (OICCI) has proposed liberalisation and transformation of the monopolistic power market...
