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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
More tax reliefs for business community in budget: Makhdoom Hashim Jawan Bakht
LAHORE: Provincial Finance Minister Mahkhdoon Hashim Jawan Bakht has said that Federal and Punjab Budgets for the financial year 2021-22...
PRGMEA wants govt support for visa issuance as EU buyers inviting exporters
ISLAMABAD: The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has asked the government to facilitate the exporters to obtain...
Govt has earmarked Rs2.1tr for national development in upcoming budget: Asad Umar
ISLAMABAD: Minister for Planning, Development, and Special Initiatives Asad Umar held a press conference in Islamabad and talked about the...
Economic Survey 2021: ‘V-shaped’ recoveries in services, manufacturing boost 3.94pc growth in GDP
ISLAMABAD: A day before the hotly anticipated budget for fiscal 2022, Finance Minister Shaukat Tarin on Thursday unveiled the Economic...
ECC approves US$1b for COVID vaccine procurement
ISLAMABAD: The Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, chaired the meeting of the Economic Coordination Committee (ECC)...
LEAs & Customs Preventive nab 9 persons involved in stealing goods from state warehouse
KARACHI: Collectorate of Customs Preventive, Anti-Smuggling Organization (ASO) has arrested 09 persons involved in stealing goods from the State Warehouse-III....
FBR transfers appraising officers, inspector
ISLAMABAD: Federal Board of Revenue (FBR) has issued notification for transfer and posting of following officers of Customs department with...
Assistant Collector Isfandyar Ikram Khan transfers sepoys, drivers
LAHORE: Collectorate of Customs Enforcement and Compliance (E&C) Assistant Director Isfandyar Ikram Khan has issued notification for transfer and postings...
Multan Adjudication settles 37 seizure cases worth Rs148.226m
MULTAN: Collectorate of Customs Adjudication Multan Camp Office has disposed of 37 seizure cases involving Rs148.226 million during the month...
SHC seeks comments from customs officials on petition filed by M/s Pearl Enterprises
KARACHI: A two-member bench of the Sindh High Court (SHC) directed customs officials to submit their respective para wise comments...
Sales tax incentive granted on supplies by restaurants
ISLAMABAD: The government has announced an incentive on sales tax rate on supplies made by restaurants and eateries on account...
Multan Appraisement intensifies its operation against importers involved in under-invoicing & mis-declaration
MULTAN: Collectorate of Customs Appraisement & Facilitation has intensified its operations against importers responsible for under-invoicing, over-invoicing and mis-declaration after...
Pakistan, IMF deadlock over taxes, hike in petroleum levy persists
KARACHI: Pakistan has not yet agreed to the IMF's additional taxation measures which could fetch an additional Rs300bn and hike...
Collector Irfan Javed’s Quetta Customs seizes smuggled goods, vehicles worth Rs170m
QUETTA: Collectorate of Customs Enforcement and Compliance (E&C) has seized smuggled goods vehicles which were being used for transportation of...
KASB Securities’ $4.5mn bet on creating an apprised generation of stock market investors
LAHORE: In a country of over 220 million people, a little over 250,000 people invest in the stock market, and...
KP flour millers announce protests against ban on wheat movement in Punjab
PESHAWAR: Flour millers in Khyber Pakhtunkhwa (KP) have decreed to launch a ‘phase-wise’ protest against “unlawful” restrictions on wheat supply...
Federal govt lowers sales tax on petroleum products
ISLAMABAD: Federal government on Wednesday notified lowering sales tax on petroleum products. According to a notification issued today, the sales...
Rs900b proposed for federal development budget 2021-22
ISLAMABAD: The federal government has proposed Rs900 billion for the development budget for the fiscal year 2021-22. According to the...
Govt plans to increase tax on cigarettes in upcoming budget 2021-22
ISLAMABAD: Pakistan's health ministry has proposed a 30% increase in the tax rates for the cigarette industry in the upcoming...
M/s Haji Muhammad Rahim & Sons Petroleum Services moves SHC against lodging FIR
KARACHI: Amir Hussain, owner/ operator of M/s Haji Muhammad Rahim & Sons Petroleum Services has approached the Sindh High Court...
