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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
FTO assures to resolve tax complaints of business community on priority basis
KARACHI: The Federal Tax Ombudsman (FTO) has assured to the industrialists of Karachi for resolving the taxes related issues on...
M/s Byco Petroleum Pakistan moves SHC against challenging notices for audit
KARACHI: M/s Byco Petroleum Pakistan Limited has approached the Sindh High Court (SHC) and filed a constitutional petition against notices...
Pakistan sells $2.5 billion in three-tranche bonds
DUBAI: Pakistan launched a three-tranche bond deal to raise $2.5 billion comprising tranches of five, 10 and 30 years for...
Customs court approves progress report against directors of M/s Ali & Company in mis-declaration scam
KARACHI: The Customs Court approved progress report against suspect namely Muhammad Saqib Butt son of Amanullah Butt and Ali Aslam...
FBR offices to observe extended working hours for revenue collection today
ISLAMABAD: The offices of Inland Revenue have been directed to observe extended working hours on March 31, 2021 to facilitate...
FBR begins probe into sugar dealers over sustained shortage
LAHORE: Sugar dealers have come on the radar of the Federal Board of Revenue (FBR). An investigation has been launched...
Jewellery exports record 100.87pc increase
ISLAMABAD: Jewellery exports during first eight months of FY 2020-21 grew by 100.87 per cent as compared to the exports...
FBR announces procedure for availing exemption certificate by erstwhile FATA/PATA residents
ISLAMABAD: Federal Board of Revenue (FBR) issued a procedure for issuing tax exemption certificate for residents of erstwhile FATA/PATA. The...
ACCA empowering women in finance globally
KARACHI: ACCA (the Association of Chartered Certified Accountants) publishes inspiring personal journeys of several women in finance from around the...
Dollar plummets in intraday trade
KARACHI: Pakistani rupee (PKR) appreciated by over 74 paisa against the USD in the intraday trade at the interbank. The...
Govt to start transferring salaries, pensions via SBP’s RAAST system
KARACHI: To ease the payment process for government employees and pensioners, the State Bank of Pakistan (SBP) and Controller General...
Business community of South Punjab demands FBR to stop raids
MULTAN: Business Community of South Punjab demanded Federal Board of Revenue (FBR) to stop raids by Directorate of Intelligence and...
SHC seeks reply from Ministry of Climate Change on petition filed by M/s PAK Reclaim Industries
KARACHI: A two-member bench of The Sindh High Court (SHC) issued notices to the customs officials and directed them to...
Customs Court seeks progress report against suspects in smuggling of Iranian HSD case
KARACHI: The Customs Court directed investigation officer of Directorate General, Intelligence & Investigation-Customs to conduct investigation and submit progress report...
SBP issues guidelines for processing sugar import at concessionary tax rates
KARACHI: State Bank of Pakistan (SBP) issued guidelines for banks to process application for import of raw sugar at concessionary...
Pakistan, ADB to expand cooperation in various fields
ISLAMABAD: Pakistan and Asian Development Bank (ADB) on Monday agreed to expand cooperation in various sectors. The understanding came during...
Hammad Azhar to replace Dr Hafeez Shaikh as Finance Minister
ISLAMABAD: Prime Minister Imran Khan has decided to remove Dr Hafeez Shaikh as Finance Minister and replace him with incumbent...
Exchange companies to pay 0.6pc WHT on cash withdrawal: FBR
ISLAMABAD: The concessionary rate of tax allowed to exchange companies on cash withdrawal has been linked to active taxpayers list....
FBR should stop intelligence, investigation raids: KCCI
KARACHI: Federal Board of Revenue (FBR) has been urged to stop raids by Directorate of Intelligence and Investigation and their...
PM directs banks to simplify loan procedure under Naya Pakistan Housing Scheme
ISLAMABAD: Prime Minister (PM) Imran Khan, while observing that people have been difficulties in seeking loans under Naya Pakistan Housing...
