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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
Multan I&I announces auction of confiscated vehicles on March 24
MULTAN: Directorate of Intelligence and Investigation has announced auction of confiscated vehicles on March 24, 2021 lying at state warehouse...
SBP leaves interest rate unchanged at 7pc
KARACHI: The State Bank of Pakistan (SBP) announced its bi-monthly monetary policy on Friday and decided to maintain its policy...
Ministry of Commerce approves Rs950m for export related projects
ISLAMABAD: The Ministry of Commerce approved Rs950 million for export related projects to provide competitiveness to the export value chain....
Pakistan, Qatar agree to promote bilateral ties in customs & taxes
ISLAMABAD: Pakistan and Qatar agreed to promote bilateral relations in customs and taxes. Ambassador of Qatar in Pakistan, Sheikh Saoud...
FBR Chairman Javed Ghani issues strict instructions to all field offices to resolve all issues of taxpayers
LAHORE: Chairman Federal Board of Revenue Muhammad Javed Ghani has issued strict instructions to all field offices to resolve all...
Collector Mohsin Rafique lauded for helping release containers of electric switches
LAHORE: Lahore Chamber of Commerce and Industry (LCCI) Vice President Tahir Manzoor Chaudhry has lauded Collector Mohsin Rafique for helping...
I&I-FBR submits FIR against M/s Laiba Industries in money laundering case
KARACHI: The Customs Court directed investigation officer of Directorate General Intelligence & Investigation-FBR to complete investigation and submit progress report...
M/s Web Converters moves SHC seeking benefit of SRO 616(I)/ 2020
KARACHI: M/s Web Converters Private Limited has approached the Sindh High Court (SHC) and filed a constitutional petition against enhancement...
Cutlery exports increase 29.54pc to $80.946m
ISLAMABAD: The exports of cutlery from the country witnessed an increase of 29.54 percent during the eight months of financial...
Hafeez Shaikh stresses for speedy privatization process
ISLAMABAD: Federal Minister for Finance and Revenue, Dr Abdul Hafeez Shaikh Thursday stressed the need for carrying forward the process...
Appraisement West to hold auction of NDP vehicles on March 20
KARACHI: Collectorate of Customs Appraisement and Facilitation (West), Karachi has announced auction of motor vehicles to be held on March...
E-banking transactions grow by 24% by volume during Q2FY21: SBP
KARACHI: The State Bank of Pakistan (SBP) has released its Quarterly Payment System Review (QPSR) for the second quarter, October...
ECC approves import of 300,000 metric tons of wheat
ISLAMABAD: The Economic Coordination Committee of the cabinet has approved import of 300,000 metric tons of wheat to avoid any...
M/s Shahid Majid & Sons moves SHC against enhancement of valuation of imported consignments
KARACHI: M/s Shahid Majid & Sons has approached the Sindh High Court (SHC) and filed a constitutional petition against enhancement...
Federal, Sindh govts agree to remove hurdles over Shanghai Electric’s KE transaction
KARACHI: The federal and Sindh government have agreed to remove all hurdles and speed up the delayed K-Electric transaction that...
Iran’s envoy calls for expanding investment, trade ties with Pakistan
ISLAMABAD: Deputy Head of Mission, Embassy of Iran in Pakistan Mohammad Surkhabi here on Thursday stressed the need for further...
Finance Ministry clarifies State Bank Amendment Act 2021
ISLAMABAD: The Ministry of Finance has clarified media reports related to the recently introduced draft State Bank Amendment Act 2021,...
DG Valuation revises customs values of Inorganic Chrome Pigments vide VR No1522/2021
KARACHI: Directorate-General Customs Valuation Director Shafiq Ahmad Latki has revised customs values of Inorganic Chrome Pigments PCT 3206.2010 are determined...
FBR imposes no tax on IT sector under Income Tax Second Amendment Bill 202
LAHORE: The Federal Board of Revenue (FBR) has conveyed to the IT services or IT-enabled services that no tax has...
Oil import bill shrinks by 21.7pc to $6.44b in 8 months
ISLAMABAD: The country’s oil import bill witnessed reduction of 21.70 percent during the first eight months of the current fiscal...
