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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
No disruption in digital banking services post cyber-attack on NBP
ISLAMABAD: 1LINK, Pakistan’s first largest switch and payment system, confirms that there has been no disruption of any interoperable banking...
Sugar price soar to new peak in different cities
ISLAMABAD: Sugar remained in the limelight on the Karachi commodity markets during the outgoing week. The prices soared to a...
M/s Chocolate House & M/s The Pak Traders move SHC against detention of consignment of bubble water, China candies
KARACHI: The Sindh High Court (SHC) issued notices to the customs department and deputy attorney general of Pakistan and directed...
Surge in inflation: Prices of tomatoes, sugar, 23 other items increase
KARACHI: The weekly inflation, based on the Sensitive Price Index (SPI), for the week ending on October 28, registered an...
Shell Pakistan Limited moves SHC against adverse action for recovery of taxes
KARACHI: Shell Pakistan Limited has approached the Sindh High Court (SHC) against notice for huge recovery while hearing of constitutional...
FBR transfers 48 PCS officers of BS-16-17 with immediate effect
ISLAMABAD: Federal Board of Revenue (FBR) has issued notification for transfers and postings of following officers of Pakistan Customs Service...
Tarin orders uninterrupted gas supply to fertiliser units
ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin has directed gas companies to streamline gas supply...
FBR extends warehousing period up to Nov 25
ISLAMABAD: The federal government on Friday provided relief to the business community by extending the warehousing period and waiving off...
SHC calls comments on petition filed by M/s King Star Traders
KARACHI: A two-member bench of the Sindh High Court (SHC) directed customs officials to file their respective para wise comments...
SBP forex reserves fall $356m to $17b
KARACHI: The foreign exchange reserves held by the central bank fell 8.6 per cent during the week ending on October...
FBR waives penal surcharge on overstayed goods
ISLAMABAD: The Federal Board of Revenue (FBR) has announced a waiver of penal surcharge on overstayed goods at the warehouses....
FBR announces cash reward for LEAs under Customs Rules
ISLAMABAD: Federal Board of Revenue (FBR) will give cash rewards to law enforcement agencies (LEAs) for recovery and confiscation of...
Petroleum dealers threatens to shut down supply from Nov 5
ISLAMABAD: Pakistan Petroleum Dealers Association (PPDA) on Thursday warned of shutting down oil supply across the country if their margin...
SHC bars CIR from taking any action against M/s Al Karam Textile Mills Private Limited
KARACHI: The Sindh High Court (SHC) has restrained respondents from taking any coercive action against petitioner till final conclusion of...
Govt must also reduce taxes, customs duties to deal with inflation: Chairman BMG
KARACHI: Chairman Businessmen Group (BMG) & Former President Karachi Chamber of Commerce & Industry (KCCI) Zubair Motiwala, while expressing deep...
Pakistan Customs thwarts yet another attempt of misuse of EPZ facility
LAHORE: In less than a week's time, the Collectorate of Customs Exports, Port Mohammad Bin Qasim (PMBQ) has thwarted yet...
Petition filed by M/s Mahnoor Food Industries not maintainable: SHC
KARACHI: Amjad Aman, Deputy Collector of Customs Exports Port Muhammad Bin Qasim filed comments in the Sindh High Court (SHC)...
Differences in Pakistan’s GDP growth rate projection due to Covid: World Bank
ISLAMABAD: The projection gap of Pakistan’s Gross Domestic Product (GDP) growth rate for the fiscal year 2020-21 (FY21) and 2021-22...
Jordan okays three Pakistani companies for importing meat
ISLAMABAD: In a positive development for Pakistan’s meat exports, Jordan has chosen three slaughterhouses from where it would import bovine,...
FBR issues multibillion recovery notices to Shell Pakistan Limited
ISLAMABAD: The Federal Board of Revenue (FBR) has issued recovery notices, amounting multibillion rupees related to income and sales tax...
