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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 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...
FBR making efforts to stop illegal sale of cigarettes
ISLAMABAD: The Federal Board of Revenue (FBR) has decided to strengthen its enforcement team in order to stop the illicit...
Customs Court summons owner of M/s KZ Industries in tax evasion scam
KARACHI: The Customs Court supplied copy of the whole case to counsel for accused namely Faisal Mirza, owner of M/s...
CCoE to take up deemed duty’s collection, utilisation by refineries
ISLAMABAD: The upcoming Cabinet Committee on Energy (CCoE) meeting next week is likely to scrutinise details of audit regarding the...
Govt announces petrol tax rate cut by 73pc to lower global oil price impact
ISLAMABAD: The federal government has announced a reduction of 73 per cent in sales tax rate on supply of petrol...
OGRA notifies reduction in RLNG prices for November
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has notified a cut in the prices of Re-gasified Liquefied Natural Gas...
Customs ASO seizes smuggled goods worth Rs2437.95m
LAHORE: The Anti-Smuggling Organization of Collectorate of Customs Enforcement, Lahore on the directions of Basit Maqsood Abbasi, Collector of Customs...
Baqir stresses digital evolution of finance to expedite global Islamic finance industry
KARACHI: State Bank of Pakistan (SBP) Governor Dr Reza Baqir has said that digital transformation of the global Islamic financial...
Pakistan Single Window is basically part of Digital Pakistan: Syed Aftab Haider
ISLAMABAD: Syed Aftab Haider, Chief Executive Officer, Pakistan Single Window has said that Single Window is basically a part of...
