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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
Karachi Industrialists ink MoU with SSGC for one-day Gas Holiday
KARACHI: Industrialists of Karachi have decided under a joint strategy with the SSGC to deal with the gas crisis that...
Customs ASO seizes narcotics worth Rs1.27b in different operations: Collector Saquif Saeed
KARACHI: Collectoate of Customs Preventive, Anti-Smuggling Organization (ASO) has seized 165 kilograms of narcotics worth Rs1.27 billion during last quarter...
Customs Court seeks challan against M/s Muhammad Shoukat in sales tax fraud scam
KARACHI: The Customs Court directed investigation officer to complete investigation and submit a progress report against suspect namely Muhammad Shoukat,...
M/s AA Traders approaches SHC for refund of regulatory duty
KARACHI: M/s AA Traders, M/s Ariq International and M/s Global Select approached the Sindh High Court (SHC) and filed a...
AJK budget for next FY with total outlay of over Rs141b presented
MUZAFFARABAD: Azad Jammu and Kashmir budget for the next fiscal year, with total outlay of over 141 billion rupees, was...
Petroleum Division devises plan to mitigate LNG shortage
ISLAMABAD: The Petroleum Division has chalked out a plan to control the shortage of Liquefied Natural Gas (LNG) under which...
Govt forms high-powered committee to decide about tax defaulters’ arrest
ISLAMABAD: The federal government has formed a high-powered committee to decide cases of tax default on concealment of Rs100mn income...
FBR issues procedure for income tax e-audit
ISLAMABAD: Federal Board of Revenue (FBR) issued procedure for selection and conducting electronic audit of income tax cases. In this...
FTA between Pakistan, Indonesia to be a great initiative: envoy
KARACHI: Indonesian Consul General, Dr June Kuncoro Hadiningrat has said that FTA between Pakistan and Indonesia will certainly be a...
NAB asks govt to give it access to local & offshore tax records of all politically exposed persons
LAHORE: In a major development, the National Accountability Bureau (NAB) has asked the government to give it access to local...
World Bank approves $800m loan for Pakistan’s power sector reforms, human capital development
ISLAMABAD: The World Bank’s Board of Executive Directors on Tuesday approved $800 million worth of loans for two programmes in...
Section 203-A of budget 2021-22 be withdrawn immediately
LAHORE: Section 203A of the budget 2021-22, which gives powers to arrest and prosecute any person for concealment of income...
Customs Court approves progress report against M/s ZR Corporation in tax evasion scam
KARACHI: The investigation officer of Customs Appraisement East submitted a progress report against the owner of M/s ZR Corporation and...
M/s North West Petroleum moves SHC seeking exemption of SRO 678(1)/2004
KARACHI: M/s North West Petroleum Private Limited has approached the Sindh High Court (SHC) and filed a constitutional petition seeking...
12 PCS officers transferred to IOCO with immediate effect
ISLAMABAD: Second Secretary HRMC, Federal Board of Revenue (FBR) Khalid Mehmood has issued notification for transfer and posting of transferred...
Around 40pc of RDA funds invested in Naya Pakistan Certificate: SBP
ISLAMABAD: Out of the total $1.5 billion funds deposited by overseas Pakistanis through Roshan Digital Account (RDA), around $600 million...
NA approves federal budget for fiscal year 2021-22
ISLAMABAD: The session of National Assembly on Tuesday passed the budget for the next fiscal year. The Lower House of...
Pak Rupee gains 48 paisas against USD
KARACHI: The Pak Rupee appreciated by 48 paisas against the dollar on Tuesday owing to inflows of export receipts and...
IHC orders removal of NBP President Arif Usmani, chairman BoD
ISLAMABAD: The Islamabad High Court (IHC) has issued orders to remove National Bank of Pakistan (NBP) President Arif Usmani and...
ANF recovers 10,000 ecstasy pills from Dutch parcel
RAWALPINDI: Anti Narcotics Force (ANF) has recovered 10,000 ecstasy pills, also known as methylenedioxymethamphetamine, from a parcel that arrived from...
