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Cement Sales Rise 7% in September 2026

Pakistan plans to import 26 LNG cargoes for winter

Islamabad Customs seizes Rs5.41b narcotics consignment near M-2

KPRA collects Rs13.123bn from Sales Tax on Services & IDC in first quarter of FY 2026-27

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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

FBR exempts sales tax, VAT on sugar import

20/02/2021

ISLAMABAD: Federal Board of Revenue (FBR) issued notification to exempt sales tax and value added tax on import of 500,000...

FBR seeks sales tax proposals for budget 2021/2022

20/02/2021

ISLAMABAD: Federal Board of Revenue (FBR) on Friday invited sales tax proposals for the federal budget 2021/2022 and directed the...

FEDERAL MINISTER FOR FINANCE AND REVENUE, DR. ABDUL HAFEEZ SHAIKH, CHAIRING THE MEETING OF THE ECONOMIC COORDINATION COMMITTEE (ECC) OF THE CABINET, IN ISLAMABAD ON FEBRUARY 19, 2021.

ECC approves revocation of Neelum Jhelum surcharge to electricity consumers

ISLAMABAD: Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh, chaired the meeting of the Economic Coordination Committee (ECC)...

PSO records Rs9.5b profit in first half of fiscal year 2020-21

KARACHI: The Pakistan State Oil (PSO) has recorded a profit of Rs 9.5 billion during the first half of the...

Anti-smuggling strategy of Multan Customs to facilitate genuine businessmen: Collector Muneeza Majeed

MULTAN: Collectorate of Customs Enforcement and Compliance (E&C) Collector Muneeza Majeed has said that Anti-smuggling Organization raided during night time...

Govt must abolish heavy taxes on auto industry :Israr Ahmad Awan

MULTAN: Auto industry is over burdened with customs duty and additional excise duty on vehicles spare parts. The government has...

Pakistan set to register pink salt as local product

ISLAMABAD: After the registration of Geographical Indications (GI) for Basmati rice, Pakistan has now decided to register pink salt as...

FBR transfers 8 IRS officers of BS-19 with immediate effect

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday notified transfers and postings of BS-19 officers of Inland Revenue Service (IRS)...

Edible oil production increases 1.39pc in first half of FY 2020-21

ISLAMABAD: Domestic production of cooking oil during first half of current financial year increased by 1.39 percent as compared the...

Investment in premium prize bonds of Rs40,000 & Rs25,000 up 29pc

ISLAMABAD: Since the government imposed a ban on unregistered prize bonds, the investment in registered or premium prize bonds has...

South Africa keen to strengthen trade ties with Pakistan: HC

RAWALPINDI: South Africa High Commissioner Methuthuzeli Madikiza has said that South Africa considers Pakistan an important market for trade cooperation...

PCA orders audit of M/s MG import records

byM Hayat

LAHORE: The Federal Board of Revenue (FBR) has ordered an audit of M/s Morris Garages (MG) Pakistan import records by...

Afghan Transit scam: M/s Nadeem Agencies moves SHC for de-blocking of license

byM.B. Rana

KARACHI: A two-member bench of the Sindh High Court (SHC) directed customs officials to submit their comments on a constitutional...

CPEC Committee recommends to open Sust border for whole year

ISLAMABAD: The Parliamentary Committee on China-Pakistan Economic Corridor (CPEC) on Wednesday recommended for viable proposals to open Sust border for...

CE CTO submits FIR against M/s Friends Enterprises in fake input & refund of sales tax case

byM.B. Rana