Latest News
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
Pakistani company gets largest IT order from Japanese corporation
ISLAMABAD: A Japanese company, building high-tech platform to expand its global services, announced to award orders to a Pakistani company...
Tarin asks FBR to ensure tracking progress of POS machines
ISLAMABAD: Minister for Finance and Revenue Shaukat Tarin directed the tax authorities to ensure effective tracking progress of installed Point...
SBP renews credit rating agencies status
KARACHI: The State Bank of Pakistan (SBP) renewed the status of both credit rating agencies operating in Pakistan namely...
FBR to impose penalty on taxpayers for not declaring business bank account from Oct 1
ISLAMABAD: The Federal Board of Revenue (FBR) has been authorized to impose penalty on taxpayers who fail to declare their...
FPCCI appoints Abid Nisar as chairman Pakistan-Indonesia Business Council
KARACHI: Mian Nasser Hyatt Maggo, President Federation of Pakistan Chambers of Commerce & Industry (FPCCI), has appointed prominent businessman Abid...
LCCI demands withdrawal of Section 203 (A)
LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) has urged the government to withdraw recently added Section 203 (A)...
Govt slashing 75pc tax on electric vehicles to promote cleaner environment
LAHORE: Punjab moved to check vehicular pollution, withdrawing proposed tax relief on old vehicles (major polluters) and slashing 75pc tax...
Finance Bill 2021-22 proposes granting sweeping powers to FBR for arrests
ISLAMABAD: The Finance Bill 2021-22 has suggested granting some "fundamental and sweeping powers" to the Federal Board of Revenue (FBR)...
Foreign investors laud State Bank for facilitating remittances
KARACHI: Foreign investors operating in the country have appreciated the significant improvement in the foreign exchange remittance processing time and...
Govt allocates Rs23b for 17 CPEC projects under PSDP 2021-22
ISLAMABAD: The federal government has earmarked Rs23 billion for 17 projects of China Pakistan Economic Corridor (CPEC) under the Public...
NAB chief distributes Rs900m among 660 affectees of Toyota Motors scandal
LAHORE: National Accountability Bureau (NAB) Chairman Javed Iqbal Tuesday said that the National Accountability Bureau (NAB) and corruption could not...
First ever virtual rice expo 2021 to be held on June 16
LAHORE: Rice Exporters Association of Pakistan (REAP) has taken initiative to host First Virtual REAP Rice Expo 2021, on Wednesday,...
Multan Customs seizes plastic shopping bags worth Rs50m near Rojhan
MULTAN: Collectorate of Customs Enforcement & Compliance (E&C) thwarted smuggling attempt by seizing huge quantity of plastic shopping bags worth...
Multan I&I seizes skimmed milk powder worth Rs5.5m from Sadiqabad
MULTAN: Directorate of Customs Intelligence and Investigation (I&I) seized huge quantity of skimmed powder worth Rs5.5 from Sadiqabad. According to...
Punjab govt allows stamp duty incentive worth Rs40b to promote construction sector
LAHORE: The Punjab government has granted an incentive in stamp duty worth Rs40 billion during fiscal year 2021/2022 to encourage...
Sindh Governor inaugurates Captain Moiz Fire & Rescue Station
KARACHI: Sindh Governor Imran Ismail has said that the PTI government wants to serve the people of Sindh for which...
Sindh allows businesses to operate six days a week as Covid cases drop
KARACHI: The Sindh government allowed the resumption of business activities in the province for six days a week, following the...
Punjab to spend Rs560b on development in FY2021-22
LAHORE: Provincial Finance Minister Makhdoom Hashim Jawan Bakhat said that a total of Rs 560 billion would be spent on...
FBR clarifies news report regarding withdrawal of exemption & concession
ISLAMABAD: The Federal Board of Revenue (FBR) explained that withdrawal of exemption and concession does not mean imposition of new...
Tarin directs NPMC to minimize price gap between growers, retailers
ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin has directed the National Price Monitoring Committee (NPMC) to adopt a...
