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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
FBR decides to revise rates for valuation of immovable property
ISLAMABAD: The Federal Board of Revenue (FBR) Tuesday decided to revise the rates for the valuation of immovable property in...
Gwadar Customs seizes smuggled goods worth Rs20m
GWADAR: Collectorate of Customs has seized huge quantity of smuggled goods worth Rs20 million during the first week of October...
Number of tax return filers exceeds 2.2 million: FBR
ISLAMABAD: The Federal Board of Revenue revealed that the number of tax return filers has exceeded 2.2 million. According to...
OGRA revises RLNG price
ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) Tuesday notified the revised price of Re-gasified Liquefied Natural Gas (RLNG) on networks...
IMF forecasts Pakistan’s real GDP to grow at 4pc in FY22
ISLAMABAD: The International Monetary Fund (IMF) projected Pakistan’s real Gross Domestic Product (GDP) to grow by 4.0% in current fiscal...
Iqbal Bhawana appointed as Member Technical Customs Appellate Tribunal Bench-III
KARACHI: Prime Minister Imran Khan after consultation with Chief Justice of Pakistan Mr. Justice Gulzar Ahmad has appointed 6 Pakistan...
FBR’s restoration of officials’ powers opposed
LAHORE: The Lahore Chamber of Commerce & Industry has strongly opposed the recent move of the Federal Board of Revenue...
IR-I&I-FBR submits challan against M/s Iqra Corporation in money laundering scam
KARACHI: Investigation officer of Inland Revenue (IIR), Directorate of Intelligence & Investigation-FBR, Karachi has submitted progress report before the customs...
SECP approves various technology driven solutions under 2nd cohort of Regulatory Sandbox
ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) under the Second Cohort of Regulatory Sandbox has granted approval to various...
SBP eases conditions for renewable energy solution providers
ISLAMABAD: The State Bank of Pakistan (SBP) on Monday eased the conditions for renewable energy solution providers under its Refinance...
FBR authorizes IR officers to freeze bank accounts for tax recovery
ISLAMABAD: The officers of Inland Revenue (FBR) have been authorized to access bank accounts of taxpayers for recovery of outstanding...
Customs ASO impounds smuggled goods, vehicles worth Rs1928.34m
LAHORE: Customs Anti-Smuggling Organization (ASO) has seized smuggled goods and vehicles worth Rs1928.34 million during July, 2021 to September, 2021....
Pakistan, Saudi Arabia to further strengthen economic and business ties
ISLAMABAD: Pakistan and Saudi Arabia on Monday discussed matters pertaining to mutual interest and agreed to further strengthen economic and...
SHC grants urgency on petition filed by M/s Classic Zone seeking exemption for demurrage charges
KARACHI: The Sindh High Court (SHC) granted an urgent application for hearing on a constitutional petition filed by Classic Zone...
SHC seeks comments on petition filed by Pakistan Steel Imports & others
KARACHI: A two-member bench, comprising Justice Shafi Muhammad Siddiqui and Justice Agha Faisal directed customs officials to make sure filing...
RCCI urges for incentive packages to promote SMEs
RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) urged the government for incentive packages to promote small and medium...
ECC moves to ensure smooth supply of urea during Rabi season
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved the maximum provision of gas to Pak Arab and FFBQL...
Islamabad Customs collects Rs867.47m customs duty
ISLAMABAD: Collectorate of Customs have collected Rs867.47 million under the head of customs duty during the month of September 2021....
Sports goods’ export increase 11pc in two months
ISLAMABAD: The exports of sports goods witnessed an increase of 11.23 percent during the first two months of ongoing financial...
Mis-declaration: Customs PMBQ registers FIR against M/s Arsalan Traders
KARACHI: Collectorate of Customs Port Mohammad Bin Qasim (PMBQ) registered first information report (FIR) against investor who obtained NOC from...
