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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
Rice exporter’s vows to boost health standards in rice farmers
ISLAMABAD: Rice exporters has vowed to boost the health standards and high quality of life of rice farmers for maintaining...
APBUMA expresses concern over non payment of duty drawback of taxes & income tax refunds
MULTAN: All Pakistan Bedsheets Upholstery Manufacturing Association (APBUMA) has expressed grave concern over the unavailability of cotton yarn and non-payment...
KCCI members advised to get membership renewed by March 31, 2021
KARACHI: The Karachi Chamber of Commerce & Industry (KCCI), in a statement issued, advised all its members to renew their...
M/s Hussain Formaids moves SHC against enhancement of valuation
KARACHI: M/s Hussain Formaids has approached the Sindh High Court (SHC) and filed a constitutional petition against enhancement of valuing...
SHC dismisses several reference applications filed by Appraisement West against M/s Faisal Associates & others
KARACHI: A two-member bench of The Sindh High Court has dismissed several reference applications filed by The Collector of Customs, Through...
Bank deposits surge 17pc in Feb
ISLAMABAD: The Pakistani banking sector deposits continued to show healthy growth during the pandemic, as the total deposits held by...
FIA seizes over 100 bank accounts of sugar mafia
LAHORE: The Federal Investigation Agency (FIA) has seized bank accounts of 40 key figures of the sugar mafia. According to...
Gold prices fall further in domestic market
KARACHI: Gold prices continued a downward trend in the domestic market for the third consecutive day as per tola price...
WB to provide 1.3b dollars to support Pakistan’s social sector development
ISLAMABAD: World Bank is to provide 1.3 billion dollars to Pakistan to support its initiatives in different sectors. An agreement...
Collector AIIA Azmat Tahira transfers superintendents, office superintendent, inspectors, assistant & sepoys
LAHORE: Collectorate of Customs Allama Iqbal International Airport (AIIA) Azmat Tahira has issued order for transfers and postings of following...
SBP should be given autonomy to pursue its objectives: Dr Reza Baqir
KARACHI: Governor State Bank of Pakistan (SBP) Dr Reza Baqir has said that the draft approved by the Cabinet is...
FBR extends date for updating tax profile up to June 30
ISLAMABAD: Federal Board of Revenue (FBR) extended the last date for updating taxpayer profile up to June 30, 2021. The...
FBR removes IR official Maqbool Ahmed from service for concealing assets & hiding foreign trips
ISLAMABAD: Federal Board of Revenue (FBR) imposed major penalty of ‘removal from service’ upon Maqbool Ahmed, a BS-16 officer of...
SHC sets aside impugned notice U/S 37 of sales tax act 1990 issued to M/s Aachee Garments & others
KARACHI: Two-member bench of the Sindh High Court (SHC) has set aside impugned notice under section 37 of the Sales...
Customs Court grants bail to owner of M/s Glow Industries in fake input & refund of sales tax case
KARACHI: The Customs Court granted bail to suspect namely Muhammad Ali owner of M/s Glow Industries against the surety of...
PYMA urges Razak Dawood for removal of additional customs duty, RD on Synthetic Yarns
KARACHI: Hanif Lakhany, Senior Vice Chairman Pakistan Yarn Merchants Association(PYMA), has requested to Abdul Razak Dawood, Adviser on Trade &...
RCCI organizes Investor conference on Railways land
RAWALPINDI: Federal Minister for Railways Azam Khan Swati while addressing a conference on investment in Railways Land organized by Rawalpindi...
FBR asked to activate valuation department of customs at Lahore
LAHORE: Standing Committee on Fast Moving Consumer Goods (FMCG) Sector of the Lahore Chamber of Commerce & Industry (LCCI) has...
Withdrawal of tax exemptions lamented
LAHORE: The Lahore Chamber of Commerce & Industry has said that it was not the right time for withdrawal of...
Weekly inflation up 0.61 per cent
ISLAMABAD: Weekly inflation for the combined group in the period ended on 25th of March increased by 0.61 per cent,...
