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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
ADB to provide $600m for ‘Ehsaas Program’
ISLAMABAD: The Asian Development Bank (ADB) to provide US$600 million for ‘Ehsaas Program’ under Integrated Social Protection Development Program. Country...
Pakistan secures LNG cargoes from Qatar to meet winter demand
ISLAMABAD: The government has secured cargoes of liquefied natural gas (LNG) from Qatar to meet energy demands for consumers, as...
Quetta I&I seizes smuggled goods worth Rs80m on Quetta-Zhob Road
QUETTA: Directorate of Customs Intelligence and Investigation (I&I) has foiled a bid to smuggle goods in the garb of fresh...
FBR complete FATF actions on DNFBPs ahead of deadline
ISLAMABAD: The Federal Board Revenue (FBR) has completed actions on DNFBPs in the FATF action plan in just one reporting...
SBP reserves fall $1.65b to $17.5b
KARACHI: The foreign exchange reserves held by the central bank fell 8.6% on a weekly basis, according to data released...
Multan LTO asks businessmen of South Punjab to install POS for reduce rate of sales tax
MULTAN: Large Taxpayers Office (LTO) has stressed the business community of South Punjab that installation of Point of Sale (POS)...
LHC seeks reply from FBR on Jahangir Tareen’s son plea
LAHORE: The Lahore High Court sought a reply from the Federal Board of Revenue (FBR) on a petition by Ali...
FATF retains Pakistan on grey list
PARIS: The Financial Action Task Force (FATF) on Thursday announced that Pakistan will continue to remain on its grey. The...
FTO Dr. Asif Mehmood Jah directs to release consignment of tractors
ISLAMABAD: The Federal Tax Ombudsman Dr. Asif Mahmood Jah provides prompt redressal to the complainant ensures release of consignment of...
SHC calls comments on petition against detention of imported consignment
KARACHI: A two-member bench, comprising Justice Shafi Muhammad Siddiqui and Justice Agha Faisal issued notices to the customs officials and...
FBR to form bodies for customs valuation of Afghan, Iran goods
ISLAMABAD: The Federal Board of Revenue (FBR) has decided to form committees for the determination of Customs valuation of goods...
Customs Court approves bail to owner of M/s Iqra Corporation in money laundering scam
KARACHI: The customs court has granted bail to suspect Jawed son of Muhammad Iqbal, proprietor of M/s Iqra Corporation against...
Finance committee summons economic team on soaring inflation rate
ISLAMABAD: While taking notice of soaring inflation rate in the country, the Senate Standing Committee on Finance and Revenue has...
Some people also benefit when exchange rate increases, says SBP governor
MANCHESTER: Some people suffer losses due to a rise in the exchange rate, but some also benefit from it, says...
Pakistan, IMF ‘close’ to reaching staff-level agreement: Shaukat Tarin
ISLAMABAD: Pakistan is inching closer towards reaching a staff-level agreement with the International Monetary Fund (IMF), Advisor to the Prime...
Current Account Deficit reduces in September: Finance Ministry
ISLAMABAD: The Ministry of Finance has said that the current account deficit has reduced to USD 1.13 billion In September...
FBR to introduce system to pay all kinds of taxes at one place: Chief Commissioner
KARACHI: Federal board of Revenue has no intention to put more burden on the existing taxpayers, rather a new and...
Six new projects being executed in petroleum sector
ISLAMABAD: The Petroleum Division would carry out six new projects during the current fiscal year 2021-22 (FY22) to achieve self-sufficiency...
FDI coming from US exceeds Chinese inflows in 1Q of FY22
KARACHI: Net foreign direct investment (FDI) in Pakistan jumped to an 11-month high at $236 million in September 2021. The...
Customs North Region functioning sans Chief Collector
ISLAMABAD: The post of Chief Collector North has been vacant for the last one month and should be filled immediately....
