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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
Customs ASO confiscates smuggled goods, articles worth Rs400m
LAHORE: Customs Anti-Smuggling Organization (ASO) and Directorate of Customs Intelligence and Investigation (I&I) has confiscated smuggled goods and articles worth ...
SHC calls arguments on petition filed by M/s Samad Pipe Industry seeking return of security amount
KARACHI: A two-member bench of the Sindh High Court (SHC) comprising Justice Shafi Muhammad Siddiqui and Justice Agha Faisal directed...
Fitch expects dollar to touch Rs180 in 2022
ISLAMABAD: Fitch Ratings revised down its forecasts for the Pakistani rupee on Thursday for both this year and next due...
ECC approves further import of wheat, urea
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday approved further import of wheat to control prices and...
Finance Minister ‘s decision of extension in date of filing of tax return lauded
LAHORE: The Friends of Economic & Business Reforms (FEBR) has appreciated Finance minister Shaukat Tarin's decision of extension up to...
FBR extends tax return filing date till Oct 15
ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday extended the date for filing income tax returns for individuals and...
Dec 31 last day for prize bonds redemption
ISLAMABAD: The federal government has extended the last date for encashment, conversion and redemption of prize bonds of denomination of...
Banks to observe extended banking hours on Sept 30th
KARACHI: In order to facilitate the collection of Government receipts/duties/taxes, it has been decided that the field offices of SBP...
Petrol price expected to increase by Rs5.25 per litre from October 1
ISLAMABAD: The price of petrol is expected to increase by Rs5.25 per litre from October 1, sources said citing a...
FBR directs Multan Customs to take action against retail outlets selling smuggled goods
MULTAN: The Federal Board of Revenue (FBR) has directed four Oil Marketing Companies (OMCs) to stop the sale of smuggled...
10 customs group officers to resign
LAHORE: Doubts about prospects for their promotion compelled at least 10 bright officers of the Pakistan Customs Service (PCS) group...
Multan Customs seizes skimmed milk powder worth Rs20.42m from Sadiqabad
MULTAN: Collectorate of Customs Anti-Smuggling Organization (ASO) Sadiqabad squad recovered huge quantity of foreign origin Skimmed Milk Powder of worth...
SHC allows urgency & calls comments on petition seeking release of consignment
KARACHI: A two-member bench of the Sindh High Court (SHC) allowed urgent application and directed customs officials and deputy attorney...
Dr. Asif Mehmood Jah appointed as Federal Tax Ombudsman
ISLAMABAD: Chief Collector Customs North Region Dr. Asif Mehmood Jah after his retirement from Pakistan Customs Service (PCS) has appointed...
Taxpayers can avail date extension as per law: FBR
ISLAMABAD: The Federal Board of Revenue (FBR) announced that it will not extend the last date for filing income tax...
SHC directs M/s Global Trading Co’s counsel to assist on maintainability of petition filed against SCN
KARACHI: A two-member bench of the Sindh High Court (SHC) directed counsel for the petitioner to assist this court regarding...
Saudi Arabia to again supply oil to Pakistan on deferred payments
ISLAMABAD: Saudi Arabia will again give Pakistan oil worth $1.5 billion on deferred payment in July, the Financial Times reported....
Rupee drops to historic low of 170 against US dollar in intra-day trading
KARACHI: Pakistani currency hit a much-anticipated level of Rs170.10 against the US dollar in the interbank market during intra-day trading...
Pakistan, Turkey discuss ways to enhance bilateral cooperation
ISLAMABAD: The Turkish envoy in Islamabad met Pakistan's finance minister to discuss ways to further enhance bilateral cooperation in different...
Dr. Sadiqullah Khan’s Hyderabad Customs foils bid to smuggle narcotics worth Rs65m
HYDERABAD: On the directions of Collector Sadiqullah Khan to keep surveillance on the movements of narcotics, Collectorate of Customs Anti-Smuggling...
