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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
PSX sheds 336 points to close at 41,199 points
ISLAMABAD: The Pakistan Stock Exchange (PSX) on Thursday witnessed bearish trend as the KSE 100 index lost 336 (0.81%), closing...
Chief Collector Faiz Ahmad’s Customs E&C impounds smuggled cigarettes & truck worth Rs15m
LAHORE: Chief Collector Central Region Faiz Ahmad adopted a comprehensive strategy to curb smuggling in the region. He has vast...
Quetta Customs taking measures to promote bilateral trade with Iran: Collector Waheed Marwat
QUETTA: The eighth meeting of Joint Border Trade Committee on bilateral trade between Pakistan and Iran began in Quetta. The...
Textile machinery imports reduced by 25.09pc
ISLAMABAD: Textile machinery imports during first three months of current fiscal year reduced by 25.09 per cent as compared to...
UK seals temporary Brexit trade deal with EFTA nations
LONDON: Britain said Thursday it had agreed a provisional trade deal with Norway, Switzerland and two other non-EU partners to...
SHC seeks reply from customs officials on petition filed by M/s Ansari Brothers
KARACHI: A division bench of the Sindh High Court (SHC) issued notices to the customs authorities and deputy attorney general...
Customs Court issues NBWs against owner of M/s Accentuate Trading
KARACHI: The Customs Court admitted complaint and issued non-bail able warrants against suspects namely Muhammad Atif Pardesi son of Haji...
FBR detects Rs12.78b suspicious transaction in Ghotki
GHOTKI: The Federal Board of Revenue (FBR) has unearthed a Rs 12.78 billion suspicious transactions from a dry cleaner’s account...
M/s Safa Steel, M/s Noble Steel, M/s Wasim Traders approach SHC against enhancement of valuation
KARACHI: Several importers approached the Sindh High Court (SHC) against enhancement of their consignments comprising secondary quality steel products under...
Collector Muneeza Majeed’s Multan Customs forms committee to facilitate businessmen
MULTAN: Collectorate of Customs Enforcement & Compliance (E& C) has formed grievance redressal committee for resolving genuine issues of business...
Multan Customs seizes NDP vehicles & goods worth Rs145.9m
MULTAN: Collectorate of Customs Enforcement & Compliance (E& C) seized no- duty paid various vehicles and miscellaneous smuggled goods of...
National Savings: Rules notified for verification of customers, beneficial owners
ISLAMABAD: National Savings (AML and CFT) Supervisory Board for National Savings Schemes has issued SRO 956(I)/2020 for identification and verification...
FBR dismisses senior auditor over Rs238b tax fraud case
ISLAMABAD: The Federal Board of Revenue (FBR) has dismissed a Senior Auditor, Mr. Altaf Hussain Khurho, from service in connection...
Bank Alfalah continues with prudent provisioning leading to PAT of Rs8.3b; operating profit up 11.4pc
KARACHI: The Board of Directors of Bank Alfalah Limited in its meeting held on October 21, 2020, approved the Bank’s...
PSX gains 579 points owing to better financial results
KARACHI: The share market gained 579 points on Wednesday owing to better financial results by the banking sector. The benchmark...
COVID-19 pandemic: SBP extends compliance timeline for banks
KARACHI: State Bank of Pakistan (SBP) on Wednesday extended timelines for compliance with various regulatory requirements by banks considering the...
Petroleum imports drop 26.5pc YoY in July-Sept quarter
ISLAMABAD: Petroleum group imports during the first three months (July-September) of the current fiscal year (2020-21) reduced by 26.55pc as...
Mobile phone imports increase 83.17pc in Q1
ISLAMABAD: The import of mobile phones into the country has witnessed an increase of 83.17 percent during the first quarter...
Pakistan’s first shared cloud kitchen network HOTPOD launched
KARACHI: Hotpod, Pakistan’s first shared cloud kitchen launched recently in Karachi. Hotpod is a Kitchen as a Service (KaaS) platform...
Pakistan Customs to establish National Targeting Centre to identify high-risk items
LAHORE: Pakistan Customs will set up an automated National Targeting Centre (NTC) to identify high-risk items and persons through facial...
