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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 announces rules for advance ruling
ISLAMABAD: Federal Board of Revenue (FBR) notified rules for issuing advance ruling in various types of cases. The FBR issued...
Wholesalers & distributors to maintain record of each transaction above Rs10,000: FBR
ISLAMABAD: Federal Board of Revenue (FBR) has said that wholesalers, distributors or commission agents are required to maintain record of...
FBR develops e-commerce Automated Clearance System
ISLAMABAD: The Pakistan Customs has developed an e-Commerce automated clearance facility in collaboration with Sate Bank of Pakistan (SBP, Ministry...
Trump administration readies crackdown on US investments in Chinese firms
WASHINGTON: The Trump administration is finalizing an executive order to prohibit US investments in Chinese firms that Washington says are...
Pak Rupee strengthens against USD in interbank
KARACHI: The Pak Rupee gained against dollar for 23rd consecutive trading days on Friday after the economic indicators are showing...
KPT shipping intelligence report Nov 13
KARACHI: The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on...
KCCI requested to assist in dealing with exorbitant duties, taxes on motorcycle spare parts
KARACHI: A delegation from All Pakistan Motorcycle Spare Parts Importers & Dealers Association (APMSPIDA), while highlighting some major issues being...
$163,940 transferred to Salman Shehbaz from milkman’s account, reveals probe
LAHORE: An ongoing investigation into money-laundering charges against PML-N president Shehbaz Sharif and his family members has brought to light...
Peshawar I&I seizes narcotics worth Rs64m
PESHAWAR: Directorate of Customs Intelligence and Investigation (I&I) have seized narcotics worth Rs64 million and arrested two drug traffickers. According...
Pakistan’s LSM growth in Sept is 10pc more than last year: Asad Umar
ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Asad Umar has on Friday said that Pakistan’s large-scale manufacturing has...
Mis-declaration: Customs Court approves progress report against M/s Rempex Trading
KARACHI: The Customs Court approved progress report against Santosh Mumar son of Parkash, proprietor of M/s Rempex Trading filed by...
M/s Aamir Brothers challenges Valuation Ruling No 1408/2019 in SHC
KARACHI: A division bench of the Sindh High Court (SHC) issued notices to the customs authorities and deputy attorney general...
Jazz pays Rs5b against income tax liability on IHC order
ISLAMABAD: Pakistan Mobile Communication Limited (PMCL) – the operator of Mobilink / Jazz paid an amount of Rs5 billion out...
Three doctors get interim bail in NICVD corruption case
KARACHI: Following the call-up notices issued by the National Accountability Bureau (NAB), three more doctors of the National Institute of...
Pakistan bans online payment for Indian content
KARACHI: The State Bank of Pakistan (SBP) banned online payments for Indian content on the directives of the Cabinet Division,...
SBP foreign exchange reserves increase by $558m
KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $558 million to $12.74 billion...
Govt collects Rs142.977b oil, gas royalty in 21 months
ISLAMABAD: The government has collected around Rs 142.977 billion royalty from Exploration and Production (E&P) companies operating in different oil...
FBR announces TORs for probing complaints against IR & customs officials
ISLAMABAD: Federal Board of Revenue (FBR) issued Terms of Reference (TORs) for processing of complaints and launch probe against officials...
PPL discovers new oil reserves in Balochistan
ISLAMABAD: Pakistan Petroleum Limited (PPL) on Friday announced to discover new reserves of oil in Pakistan. According to the PPL,...
KPT shipping intelligence report Nov 12
KARACHI:The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on Thursday....
