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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 notifies procedure for registration of informer
ISLAMABAD: A person can share information of tax evasion and get monetary reward for the disclosure from Federal Board of...
M/s Allgreen Agrochemicals moves SHC seeking release order for its imported consignment
KARACHI: M/s Allgreen Agrochemicals Private Limited approached the Sindh High Court (SHC) and filed a constitutional petition against detention of...
SHC rejects petition challenging KE privatization
KARACHI: Sindh High Court (SHC) has rejected a constitutional petition that has challenged the privatization of K-Electric. According to the...
Hafeez directs smooth supply of essential commodities at reasonable prices
ISLAMABAD: Federal Minister for Finance & Revenue, Dr. Abdul Hafeez Shaikh, chaired the meeting of the National Price Monitoring Committee...
40kg gold, over 70kg heroin seized at airports in 2020
KARACHI: The Airport Security Force (ASF) on Monday issued an annual performance report for 2020 showing details of gold, foreign...
Govt clarifies position on issuance of Sukuk
ISLAMABAD: Finance Ministry clarified that Sukuk were Shariah compliant borrowing instruments backed by physical assets, and were structured so as...
Oil down 2pc as China Covid-19 cases trigger clampdowns
LONDON: Oil prices fell on Friday, retreating further from 11-month highs hit last week, weighed down by worries that new...
Four private sector companies step in LNG trade
ISLAMABAD: The ease-of-doing business plan, introduced by current government, has started yielding the required results with stepping in of four...
Customs Appraisement announces operational procedure for NLC Dry Port Jia Bagga
LAHORE: Collectorte of Customs Appraisement and Facilitation has issued standing order no. 1/2021 regarding operational procedure of NLC Dry Port,...
FBR announces rules for rewarding officials on recovery of tax evaded amount
ISLAMABAD: Federal Board of Revenue (FBR) on Friday issued rules to reward tax officials and informers on detection and recovery...
FBR urged to withdraw SRO 924
LAHORE: Sarafa Jewellers Association while expressing its deep reservations on SRO 924 has urged the Federal Board of Revenue (FBR)...
Mis-declaration scam: Customs court directs owner of M/s Arsalan & others to join probe
KARACHI: The Customs Court granted interim pre-arrest bail to suspect namely Arsalan Akram son of Akram Rasheed owner of M/s...
Aruna Hussain, Soren, Maersk face FIA probe for hacking Customs Today website
KARACHI: The management of the Customs Today newspaper has decided to move the Federal Investigation Agency (FIA) for an investigation...
SBP issues clarification on ATM withdrawal exceeding Rs1000
KARACHI: State Bank of Pakistan (SBP) categorically rejected a message doing rounds on social media, claiming that the central bank...
M/s Dany Technologies moves SHC against detention of its imported consignments of mobile accessories
KARACHI: M/s Dany Technologies has approached The Sindh High Court (SHC) and filed a constitutional petition against detention of its...
SHC declares SRO 1125(I)/ 2011 as ultra vires the constitution on 25 importers’ petitions
KARACHI: A division bench of the Sindh High Court (SHC) declared SRO 1125(I)/ 2011 as ultra vires the constitution and...
KCCI, SFIC ink MoU for establishing long term ties, setting up joint working group
KARACHI: The Karachi Chamber of Commerce & Industry (KCCI) has achieved a significant milestone by signing a Memorandum of Understanding...
Faisalabad Customs seizes 143 cartons of foreign liquor, vehicle worth Rs35.568m
FAISALABAD: Collectorate of Customs anti-smuggling squad has seized 143 cartons of foreign origin liquor which were tactfully hidden under crates...
Mian Aslam Iqbal seeks practical model for Sialkot export processing zone
SIALKOT: Punjab Industries Minister Mian Aslam Iqbal has directed the officials concerned to form a committee within seven days to...
Pak Rupee ends down by 13 paisas against USD ahead weekly holidays
KARACHI: The Pak Rupee depreciated by 13 paisas against the dollar on Friday owing to higher demand ahead of weekly...
