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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 clarifies it has no access or link to banking transactions
ISLAMABAD: The Federal Board of Revenue (FBR) has clarified that it has no link or access to banking transactions of...
ADB approves $235m to upgrade highway
ISLAMABAD The Asian Development Bank (ADB) has approved a $235 million loan to further upgrade a national highway in Pakistan,...
I&I IR Multan detects sales tax evasion of Rs100m by two paper manufacturing factories
MULTAN: Directorate of Intelligence and Investigation (I&I) Inland Revenue (IR) Multan has detected sales tax evasion of two unregistered paper...
FBR imposes limitation of 120 days regarding period of assessment under section 122
MULTAN: The Federal Board of Revenue (FBR) has said that a limitation of 120 days has been imposed with regard...
Customs Court calls arguments on bail petition filed by owner of M/s KZ Industries in tax evasion case
KARACHI: The Customs Court issued notices to special prosecutor for customs department and Investigation officer of Commissioner Inland Revenue Zone-I...
Several importers move SHC against notices for joining probe in smuggling of vehicles case
KARACHI: Several importers have approached the Sindh High Court (SHC) against notices issued to them for appearance and joining investigation...
Pakistan Customs processes 1st mango consignment for export to Russia
ISLAMABAD: The Pakistan Customs has processed the first fresh mango (White Chaunsa) consignment for export to Moscow, Russia under the...
Uncertain political situation in Afghanistan may hamper border trade
LAHORE: The Pakistan Customs has said that the uncertain political situation in Afghanistan may hamper border trade and adversely impact...
FBR transfers 7 PCS officers of BS-19-20 with immediate effect
ISLAMABAD: Federal Board of Revenue (FBR) has issued office order for transfer and posting of following officers of Pakistan Customs...
‘Pakistan looking forward to further strengthen relations with Korea’
ISLAMABAD: Federal Minister for Finance and Revenue, Shaukat Tarin, said here that Pakistan was looking forward to further strengthen bilateral...
Finance Minister asks President ZTBL to adopt prudent lending, innovative banking solutions
ISLAMABAD: Mr. Shahbaz Jameel, President, Zarai Taraqiati Bank (ZTBL) called on the Federal Minister for Finance and Revenue, Mr. Shaukat...
FBR announces prize scheme for POS customers
ISLAMABAD: Federal Board of Revenue (FBR) launched prize scheme for customers of retailers, who integrated their sales through Point of...
FBR raises minimum sugar price to Rs72.22/kg
ISLAMABAD: The Federal Board of Revenue (FBR) has increased the minimum price of white crystalline sugar to Rs72.22/kg for the...
ECC extends electricity, gas subsidy for export-oriented sectors
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved continuation of electricity and gas subsidy for export-oriented sectors to...
Tarin for strengthening Pakistan-Canada business, economic linkages
ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin said that Canada was one of the major development partners of...
SBP unveils SME Asaan Finance scheme sans collateral
KARACHI: The State Bank of Pakistan (SBP) introduced an innovative initiative to improve access to finance for Small and Medium...
Customs Court grants time to I&I-FBR for completion of investigation in goods smuggling case
KARACHI: The Investigation officer of Intelligence & Investigation-FBR sought further time for the arrest of suspects, who were nominated in...
SHC seeks comments from customs officials against lodging FIR
KARACHI: A two-member bench of the Sindh High Court (SHC) issued notices to the customs officials and directed them to...
Sale, purchase of Afghan currency banned in Pakistan
ISLAMABAD: A ban has been imposed on the sale and purchase of Afghan currency in Pakistan after the developing situation...
MTBA asks FBR to update sales tax return form
MULTAN: Multan Tax Bar Association (MTBA) has urged Federal Board of Revenue (FBR) to update online sales tax return form...
