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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
SHC stays default surcharge recovery on super tax liability
KARACHI: The Sindh High Court (SHC) has granted interim relief to multiple taxpayers by suspending the recovery of default surcharge...
Aurangzeb call for coordinated global response to economic challenges at G-24 meeting
ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb called for a coordinated global response to mounting economic challenges...
Pakistan, Italy, Denmark agree to strengthen trade, investment Cooperation
ISLAMABAD: The Ambassador of Italy to Pakistan, Marilina Armellin, and the Ambassador of Denmark to Pakistan, Maja Mortensen, called on...
Middle East conflict one of the largest supply shocks since Covid-19: Finance Minister
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb described the ongoing Middle East conflict as one of the...
Algeria invites Pakistani firms to participate in 57th Int’l Trade Fair
ISLAMABAD: Algeria has invited Pakistani businesses and trade bodies to participate in the 57th Algiers International Fair 2026, terming it...
First lithium battery manufacturing plant set to open in Karachi
KARACHI: Pakistan’s first national lithium-ion battery manufacturing policy for 2026–31 is nearing approval, while the country’s first lithium battery production...
Diesel shipment from Europe arrives at Karachi port
KARACHI: A major diesel shipment from Europe has reached Pakistan, as a Liberia-flagged vessel carrying fuel docked at Port Qasim...
SBP opens forward sales window for exchange companies
KARACHI: The State Bank of Pakistan (SBP) has introduced a new policy that allows exchange companies to conduct short-term forward...
Pakistan banks see Rs141b rise in manufacturing deposits in March 2026
KARACHI: Commercial banks in Pakistan recorded an increase of more than Rs141 billion in deposits from the manufacturing sector in...
Aurangzeb holds key meetings in Washington, agrees to promote trade & investment
WASHINGTON DC: Federal Minister for Finance Senator Muhammad Aurangzeb held a series of key meetings on the sidelines of the...
Pending tax cases exceed Rs5.4 trillion; PM voices concern over FBR performance
ISLAMABAD: Pakistan’s unresolved tax litigation has climbed to more than Rs5.4 trillion, marking a sharp rise over the past two...
Customs arrest two preventive officers after 400kg of seized silver allegedly swapped with lead
LAHORE: Pakistan Customs has arrested two preventive officers after an internal inquiry found that a large quantity of seized silver...
64pc price gap fuels shift to illicit cigarette market in Pakistan: report
ISLAMABAD: The federal government, in coordination with provincial authorities, has launched a nationwide crackdown on the illegal cigarette trade to...
Govt considers slashing dairy GST to 10pc to support sector growth
ISLAMABAD: The government is considering reducing the General Sales Tax (GST) on dairy products from 18% to 10% following directives...
FinMin discusses reform agenda with World Bank
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb commenced his engagements at the World Bank-IMF Spring Meetings 2026...
Saudi Arabia, Qatar to provide $5b financial assistance to Pakistan: Turkish media
RIYADH: Saudi Arabia and Qatar will provide Pakistan $5 billion in financial assistance, enabling Islamabad to avert stress on the...
Govt seeks proposal to cut GST on dairy products to 10pc
LAHORE: Federal Minister for Commerce Jam Kamal Khan has directed the Pakistan Dairy Association to submit proposals for reducing general...
KPRA collects Rs38.8b in Jul–Mar, sales tax on services rises 21pc
PESHAWAR: Khyber Pakhtunkhwa Revenue Authority (KPRA) recorded a 21% increase in sales tax on services during the first nine months...
Fitch affirms Pakistan’s ‘B-‘ rating with stable outlook
ISLAMABAD: Fitch Ratings has reaffirmed Pakistan’s long-term foreign currency rating at ‘B-’ with a stable outlook, pointing to progress in...
Cotton prices hit two-year high as supply constraints tighten market
KARACHI: Cotton prices in Pakistan have climbed to a two-year high, with rates rising by Rs4,000 per maund to reach...
