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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
M/s S.M Traders moves SHC seeking EPZ exemption from customs duty, taxes
KARACHI: A division bench of the Sindh High Court (SHC) directed customs officials to file their comments on a constitutional...
NAB committed to make country corruption free: Chairman Justice Javed Iqbal
ISLAMABAD: A high level meeting of National Accountability Bureau (NAB) presided over by Justice Javed Iqbal Chairman NAB at NAB...
Hafeez Shaikh gives nod to establishment of “Tax Policy Unit”
ISLAMABAD: Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh, chaired the 5th meeting of the FBR Policy Board...
Govt sets wheat grinding ratio by 80:20 to cut flour price
ISLAMABAD: To increase production of flour and bring down its price, the federal government on Thursday decided to set the...
Pak Rupee gains 24 paisa against USD
KARACHI: The exchange rate of US Dollar weakened by 24 paisa in the interbank on Thursday against Pakistani rupee. The...
Quetta I&I impounds 37 tons of smuggled betel nuts near Noshki
QUETTA: Directorate of Customs Intelligence and Investigation (I&I) impounded huge quantity of smuggled betel nuts which was tactfully hidden in...
Gold being traded at Rs112,000 per tola in Pakistan on February 11
KARACHI: A single tola of 24-karat gold in Pakistan was sold for Rs112,000 on Thursday, February 11, at the opening...
Telenor awarded Rs1.37b contract for broadband services in Chitral, Dir
ISLAMABAD: The Universal Service Fund (USF) has awarded a contract worth approximately Rs1.37 billion to Telenor for providing high-speed mobile...
Punjab approves Rs10.5b for three uplift projects
LAHORE: The Provincial Development Working Party (PDWP) of Punjab has approved three development schemes of various sectors with an estimated...
Govt should stop discrimination, allow dining in restaurants: Athar Chawla demanded
KARACHI: Athar Sultan Chawla, Vice President, Federation of Pakistan Chambers of Commerce & Industry (FPCCI) and Convener All Pakistan Restaurant...
PIA’s outlet inaugurated at KCCI, Members to get 10pc discount
KARACHI: The Karachi Chamber of Commerce & Industry (KCCI) has achieved yet another significant milestone as Pakistan International Airlines (PIA)’s...
OGRA approves hike in gas prices
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) approved hike up to 2 percent in gas prices for Sui Northern...
Asia markets slip as dealers take breath in holiday-thinned trade
HONG KONG: Asian equities pulled back on Thursday after a strong run-up in recent weeks as investors took a breather...
Shipping activity at Port Qasim on February 11
KARACHI: Three ships namely, Glen Canyon, Al-Salam- II and TSM Pollux carrying Containers, Gas oil and Palm oil were arranged...
FBR announces rules for direct transfer of income tax refund payments
ISLAMABAD: Federal Board of Revenue (FBR) introduced rules for making payment of income tax refunds directly to taxpayers’ bank account....
Mis-declaration: Customs Court seeks progress report against M/s Moon Star International, M/s Roshan Star Traders & others
KARACHI: The Customs Court directed investigation officer to complete investigation and submit progress report against owners/ directors/partners of M/s Moon...
M/s Pakistan Leakless Industries moves SHC challenging SRO 670(I)/2019
KARACHI: A division bench of the Sindh High Court (SHC) directed customs officials to file their respective para wise comments...
SBP modernizes foreign exchange regulations to facilitate start-ups, Fintechs and Exports
ISLAMABAD: State Bank of Pakistan (SBP) has notified revisions in the Foreign Exchange Manual to facilitate Start-ups, Fintechs and Exports....
Govt waives income tax on debt profit made via Roshan Digital Accounts
ISLAMABAD: The government has waived income tax on profit earned by overseas Pakistanis from the investment they make in the...
Govt imposes WHT on motor vehicle sale to discourage ‘on money’
ISLAMABAD: The federal government has approved an additional withholding tax on motor vehicles sold within 90 days of delivery in...
