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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
Govt to cut customs duty to reduce oil prices
LAHORE: After a gap of almost one month, the government again decided to cut general sales tax and customs duty...
SHC seeks comments on petition filed by M/s Brother Enterprises
KARACHI: The Sindh High Court (SHC) has restrained customs department from encashment of securities furnished/ deposited by M/s Brother Enterprises...
FBR starts scrutiny of PRAL to search ghost employees
MULTAN: The Federal Board of Revenue (FBR) has started scrutiny of PRAL employees to search ghost employees. The Federal...
SHC dismisses petition filed by M/s Najam Associates for restoration for NTN
KARACHI: The Sindh High Court (SHC) has dismissed as not press a constitutional petition filed by M/s Najam Associates seeking...
AGP takes notice of 100-acre land allotment to KIA Lucky Motors
ISLAMABAD: The Auditor General of Pakistan (AGP) has directed the National Industrial Parks (NIP) to submit a comprehensive inquiry report...
Pakistan’s current account deficit narrows to $1.1b in September: SBP
KARACHI: "A strong rebound in economic activity and higher int'l commodity prices kept CAD at an elevated level in Q1-FY22,"...
Talks with Pakistan moving in a ‘very good’ manner: IMF official
ISLAMABAD: Talks between Pakistan and the International Monetary Fund (IMF) on the $6 billion Extended Fund Facility (EFF) are progressing...
FATF to announce grey list updates on Thursday
PARIS: The Financial Action Task Force (FATF) is set to meet to discuss and announce on Thursday updates on jurisdictions...
Bank attachment: FEBR opposes decision of empowering tax officials with discretionary powers
LAHORE: Friends of Economic and Business Reforms (FEBR) has strongly opposes the government decision of restoration of powers of the...
Customs Court approves bail to Faisal Mirza owner of M/s KZ Industries in tax evasion case
KARACHI: The Customs Court has granted bail to suspect namely Faisal Mirza, owner of M/s KZ Industries against the surety...
16 truckloads of humanitarian aid sent to Afghanistan
PESHAWAR: The Customs Healthcare Society in collaboration with Pakistan Customs has sent 16 truckloads of humanitarian aid to Afghanistan via...
FBR transfers 16 PCS officers of BS-16 with immediate effect
ISLAMABAD: The Federal Board of Revenue (FBR) has issued notification for transfers and postings of BS-following Pakistan Customs Service (PCS)...
Multan I&I seizes whey powder of Rs15.5m
MULTAN: Directorate of Customs Intelligence and Investigation (I&I) has seized huge quantity of whey powder of worth Rs.15.5 from Multan....
IMF questions AGP about audit of Covid-19 expenditure fund
ISLAMABAD: With negotiations between Pakistan and International Monetary Fund (IMF) currently underway, the lending organisation’s representative questioned the Auditor General...
Customs Court frames charge against suspect in illegal removal of goods case
KARACHI: The Customs Court framed charge against suspect namely Hamza Bandukda and summoned witnesses for statement on next date of...
Tarin vows to provide seamless financial services to Pakistani diaspora spread worldwide
New York: Consulate General of Pakistan in New York hosted Adviser to Prime Minister on Finance and Revenue, Mr. Shaukat...
LHC stops implementation on decision to impose fine on sugar mills
LAHORE: Lahore High Court (LHC) on Monday has stopped the concerned authorities from implementing the decision of imposing fine on...
Shaukat Tarin appointed adviser to PM Imran Khan on finance
ISLAMABAD: Finance Minister Shaukat Tarin has been appointed the adviser to the Prime Minister on finance. An official notification issued...
Chief Collector Wajid Ali presides over meeting to review strategy for auctions
KARACH: Chief Collector Wajid Ali presided over a meeting to review the progress of auction in Appraisement South and to...
Corporate sector requests deadline extension for switching to digital payments
ISLAMABAD: As the grace period for switching over to digital payments under the amended tax laws is going to expire...
