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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 Court seeks progress report against M/s Bin Bakar Enterprises, M/s Sial Enterprises in mis-declaration scam
KARACHI: The Customs Court directed investigation officer of Customs Appraisement East to complete investigation and submit progress report against partners/...
FIA registers FIR against customs officers & clearing agent
LAHORE: The Federal Investigation Agency (FIA) has registered a first information report (FIR) against customs officers and clearing agents over...
Customs I&I foils bid to smuggle heroin from Peshawar to Rawalpindi
RAWALPINDI: Directorate of Customs Intelligence and Investigation (I&I) has foiled a bid to smuggle huge quantity of heroin from Peshawar...
SHC dismisses petition filed by M/s Abdullah Associates & others
KARACHI: The Sindh High Court (SHC) has dismissed the constitutional petition as not pressed by M/s Abdullah Associates, Syed Rehan...
Monetary policy: SBP hikes interest rate by 25 bps to 7.25pc
KARACHI: The State Bank of Pakistan (SBP) on Monday increased the benchmark interest rate by 25 basis points to 7.25%...
SBP eases conditions for Afghan Transit Trade
KARACHI: State Bank of Pakistan (SBP) on Monday relaxed conditions of the Foreign Exchange Manual to facilitate Afghan Transit Trade...
Pakistan’s earns $195m from IT services’ export during July 2021
ISLAMABAD: Pakistan earned US $195.990 million by providing different Information Technology (IT) services in various countries during the first month...
Pakistan economy to grow by 4.2pc in FY22: Fitch
ISLAMABAD: Pakistani economy is expected to record real GDP growth of 4.2% in FY2021-22 (July 2021-June 2022), up from 3.9%...
Business community rejects hike in oil prices
KARACHI: The business community has rejected the increase in prices of petroleum products and demanded the government to immediately withdraw...
Speakers slam govt for ‘strangulating’ traders thru double taxation
LAHORE: Speakers at a seminar have claimed that the incumbent Pakistan Tehreek-e-Insaf (PTI) government is ‘strangulating’ traders (economically) by time...
‘Chinese companies to invest US $ 15 bln in Pakistan’s petrochemicals’
ISLAMABAD: Federal Secretary, Board of Investment (BOI), Fareena Mazhar said Chinese companies were ready to invest US $15 billion in...
Corporate taxpayers to adopt digital payment system from Nov 1
ISLAMABAD: The Federal Board of Revenue (FBR) is mulling over allowing corporate taxpayers a grace period of 40 days to...
Govt, ADB differ over changing scope of AMI project
ISLAMABAD: The government and Asain Development Bank (ADB) have reportedly failed to reach consensus over changing the scope of the...
Multan Customs transfers superintendents, appraising officers & inspectors
MULTAN: Collectorate of Customs Enforcement & Compliance (E&C) has issued orders for transfer and posting of 37 employees including superintendents,...
FBR imposes up to 17pc additional tax on non-filers on electricity, gas bills
ISLAMABAD: The Federal Board of Revenue (FBR) imposed an additional tax of up to 17% on unregistered industrial and commercial...
FBR cuts sales tax on high speed diesel by 31.5pc
ISLAMABAD: The federal government has announced a reduction of sales tax rate by 31.5 per cent on supply of High...
Cargo ship carrying first fleet of 40 Green Line buses arrives at Karachi port
KARACHI: A cargo ship carrying 40 Green Line Project Buses has reached Karachi Port on Sunday. As being reported the...
SHC dismisses petition filed by M/s Galaxy Enterprises & others
KARACHI: A two-member bench has dismissed the constitutional petition filed by M/s Galaxy Enterprises and others and declared it as...
SHC seeks comments on petition filed by M/s Farm Plant for release of imported consignment
KARACHI: A two-member bench, comprising Justice Shafi Muhammad Siddiqui and Justice Agha Faisal directed counsel for the petitioner to assist...
Customs Multan thwarts attempt to smuggle currency to Sharjah
MULTAN: Collectorate of Customs Enforcement and Compliance has seized foreign currency worth Rs2.4 million to Sharjah. Sources said that...
