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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 reduces sales tax rate on petrol to 10.77pc
ISLAMABAD: Federal Board of Revenue (FBR) reduced the sales tax rate to 10.77 per cent on supply of petrol. The...
NA passes Act to attract FDI in tech sector
ISLAMABAD: The National Assembly (NA) has passed the Special Technology Zone Authority Act, 2021 to attract foreign direct investment (FDI)...
PSX set to launch 90-day DFCs
KARACHI: The Pakistan Stock Exchange (PSX) on Monday (today) will introduce a new eligibility criteria for the trading of futures...
USA, UK, China top three destinations of Pakistani exports during FY 2020-21: SBP
KARACHI: The United States of America (USA) remained the top export destinations of the Pakistani products during the fiscal year...
Credit to private sector spikes 12pc to Rs6.82tr
ISLAMABAD: The banks’ credit to the private sector jumped 12% to a total of Rs6.82 trillion in the previous fiscal...
Plan of granting five-year tax break to new authorities turned down
LAHORE: The government has turned down a plan of granting five-year tax break to new authorities to look after the...
Customs I&I will arrest tax defaulters involved in concealment of income tax after third-party audit
MULTAN: Directorate of Customs Intelligence and Investigation-FBR will arrest tax defaulters involved in concealment of income tax after third-party audit...
Multan Appraisement observes improvement in clearance of import & export shipment from Multan Dry Port
MULTAN: Collectorate of Customs Appraisement Faisalabad observed improvement in clearance of export and import shipment from Multan Dry Port during...
Mis-declaration: Customs Appraisement East submits progress report against M/s Patanwala Traders & others
KARACHI: Investigation officer of Collectorate of Customs Appraisement East submitted a progress report before the customs court Karachi against Muhammad...
M/s Mansoor Store moves SHC against detention of imported consignment of desiccated coconut
KARACHI: Mansoor Ahmed, proprietor of M/s Mansoor Store has approached the Sindh High Court (SHC) and filed a constitutional petition...
Collector Irfan Javed’s Quetta Customs seizes Indian gutka, vehicle worth Rs33m
QUETTA: Collectorate of Customs Enforcement and Compliance (E&C) has seized huge quantity of Indian gutka from a 10-wheeler truck. The...
UAE flights from restricted countries: How exempted passengers can travel
DUBAI: Eight categories of travellers are allowed to enter the UAE from countries where passenger entry is suspended. However, there...
Pakistan’s foreign exchange reserves increase to $25.128b
KARACHI: Pakistan’s foreign exchange reserves have increased to $25.128 billion by week ended July 16, 2021. The State Bank of...
Islamabad I&I to hold auction of 13 NDP vehicles on July 26
ISLAMABAD: The Directorate of Customs Intelligence and Investigation (I&I) has announced auction of confiscated vehicles on July 26, 2021 at...
Cargo ship stuck at Karachi’s Seaview for second day
KARACHI: A cargo ship has been stuck near Karachi's Seaview Beach for the last two days, with the Karachi Port...
Flight suspension from Pakistan, India to UAE extended till July 28: Emirates
DUBAI: Emirates has extended the flight suspension from India, Bangladesh, Pakistan and Sri Lanka to Dubai until July 28 in...
RCCI expresses deep condolences over flood deaths in China
RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) expressed sadness over the loss of human lives due to torrential...
Multan Dry Port wears deserted look as no consignment available due to official holidays
MULTAN: Multan Dry Port wears deserted look as no consignment was available to handle due to official holidays of Eid-ul-Azha....
DG Customs Valuation withdraws valuation ruling of re-melted lead
KARACHI: Directorate General of Customs Valuation has withdrawn a valuation ruling relating to the imposition of the regulatory duty on...
Pakistan’s automobile sector posted double-digit growth of 23.4pc
LAHORE: Pakistan’s automobile sector posted double-digit growth of 23.4 percent from July 2020 to March 2021, sharply improving upwards from...
