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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
Tax evasion: II&P Cell IR submits FIR against owner of M/s Mega Tex Fiber Industries
KARACHI: The customs court sought progress report against Abdul Aziz, owner of M/s Mega Tex Fiber Industries, who was nominated...
People can avail housing loans without documented income source: SBP
KARACHI: State Bank of Pakistan announced regulatory relaxations for banks to encourage financing low cost and affordable housing for people....
SHC seeks remarks on petition filed by M/s Bearing Sale Centre against detention of consignment
KARACHI: The Sindh High Court (SHC) issued notices to customs department and deputy attorney on a constitutional petition filed by...
Weekly inflation surged by 0.024pc across Pakistan
ISLAMABAD: Weekly inflation for the combined group during the current week recorded an increase of 0.24 per cent, according to...
Pak Rupee ends down by 11 paisas against USD
KARACHI: The Pak Rupee ended down by 11 paisas against the dollar on Friday owing to demand of the foreign...
CCP raids Karachi offices of cement manufacturers’ association
ISLAMABAD: The Competition Commission of Pakistan (CCP) has seized the record of the offices of chairman and vice-chairman of the...
KPT shipping intelligence report Nov 20
KARACHI: The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on...
FBR announces rules for determination of value of bonus shares
ISLAMABAD: Federal Board of Revenue (FBR) has issued Income Tax Rules, 2002 (updated September 08, 2020) which explained the determination...
Asad Umar assures to support ICCI for establishment of new
ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Asad Umar has assured that he would fully support the ICCI...
Google to integrate bank accounts in payments app
CALIFORNIA: The internet giant Google said that it would be partnering with commercial banks and credit unions starting next year...
Afghanistan, Iran Customs collaborate with Pakistan to set up border markets
LAHORE: Customs authorities of both Afghanistan and Iran have started cooperating with Pakistan in order to establish customs border markets...
FBR invites services for real-time monitoring, tracking of cargo movement by Dec 15
ISLAMABAD: Federal Board of Revenue (FBR) has invited Expression of Interest (EOI) from companies providing real-time support for monitoring and...
Pakistan’s trade deficit shrinks by 7.41pc in October
ISLAMABAD: The country’s trade deficit shrank by 7.41 per cent to $1.80 billion in October 2020 as compared to $2.033...
Punjab govt notifies ban over indoor weddings till Jan 31
LAHORE: The Punjab government on Friday notified a ban over indoor marriage ceremonies across the province amid the second wave...
SHC directs to release consignments imported by M/s Brother Enterprises on bank guarantee
KARACHI: A two-member bench of Sindh High Court (SHC) directed customs officials to provisionally release the consignments consisting fabrics and...
Tax evasion of Rs5.401m: Customs court seeks progress report against M/s H. H Trader Link
KARACHI: The Customs Court directed investigation officer to complete investigation and submit progress report against Muhammad Ashraf, owner of M/s...
ECC approves supplementary grant of US$150m for purchase of Covid-19 vaccine
ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh chaired the meeting of the Economic...
FBR notifies tax exemption for 61 items used in Covid-19 vaccines
ISLAMABAD: The Federal Board of Revenue (FBR) has issued a notification for tax exemption on imports of 61 items used...
Govt likely to dissolve all customs, tax tribunals
LAHORE: The government is all set to dissolve Customs and tax tribunal and establish a larger tax court under the...
Country’s foreign currency reserves hit 21-month high
KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $191 million to $12.93 billion...
