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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
SBP issues list of approved currency exchange companies in Pakistan
KARACHI: State Bank of Pakistan (SBP) has issued list of approved currency exchange companies in the country. The SBP issued...
Foreign Direct Investment plunges 51pc YoY in Sept
KARACHI: Foreign direct investment (FDI) was recorded at $189 million in September 2020, compared to $384 million in September 2019,...
Weekly inflation up 0.45 pc as food prices continue to rise
ISLAMABAD: Weekly inflation for the combined group during the period ended on October 15 increased by 0.45 per cent to...
Governor SBP launches digitization of FX regulatory approvals
KARACHI: Governor State Bank of Pakistan (SBP) Dr. Reza Baqir launched the SBP FX Regulatory Approval System (RAS) for end-to-end...
PCAA imposes penalty on Qatar Airlines for violating COVID SOPs
ISLAMABAD: Pakistan Civil Aviation Authority (PCAA) has imposed a monetary penalty of Rs100,000 on Qatar Airlines for violating SOPs related...
Pak Rupee gains 37 paisas against USD
KARACHI: The Pak Rupee strengthened by 37 paisas against dollar on Friday owing to improved economic indicators and positive sentiments....
LSM grows 3.66pc in two months
ISLAMABAD: The Large Scale Manufacturing Industries (LSMI) production grew by 3.66 percent during first two months (Jul-Aug) of current fiscal...
Pakistani traders ask to explore African markets
RAWALPINDI: Pakistan’s High Commissioner in Nairobi Kenya, Ms. Saqlain Syeda has said that there is an opportunity for Pakistani traders...
FBR unearths three tax evasion cases in Hyderabad, Multan
ISLAMABAD: The Federal board of Revenue's (FBR) Directorates of Intelligence and Investigation in Hyderabad and Multan have unearthed three tax...
Oil falls as possible OPEC+ supply boost, COVID-19 spike weigh on sentiment
TOKYO: Oil prices fell on Friday on concerns that major producers will move ahead with plans to ease their supply...
KPT shipping intelligence report Oct 16
KARACHI: The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on...
CCoE for ensuring domestic, industrial demand during winter
ISLAMABAD: Cabinet Committee on Energy (CCoE) directed the Ministry of Energy to plan for meeting the industrial and residential demand...
Multan Customs seizes skimmed milk powder worth Rs7.425m from Sahiwal
MULTAN: Collectorate of Customs Enforcement and Compliance (E &C) Anti-Smuggling Organization (ASO) Sahiwal recovered huge quantity of foreign origin skimmed...
Multan Adjudication hears 15 seizure cases
MULTAN: Collectorate of Customs Adjudication Collector Asif Buzdar has adjourned hearing of 15 seizure cases worth Rs116 million after proceedings....
Collector Mohsin Rafiq transfers AO Shahzad Malik to Customs Adjudication for six months
LAHORE: Collectorate of Customs Appraisement and Facilitation, Mughalpura Dryport Collector Muhammad Mohsin Rafiq has issued order for transfer of Appraising...
SHC seeks reply on petition filed by M/s Haji Muhammad Enterprises & M/s Global Trading Co for release of goods
KARACHI: The Sindh High Court (SHC) directed customs officials to ensure filing their respective para wise comments on a constitutional...
Mis-declaration: Customs court calls progress report against M/s Electromed Corp on & M/s Rempex Trading
KARACHI: The Customs Court directed investigation officer to complete investigation and submit progress reports against directors, partners of M/s Electromed...
SHC issues notices on petition filed by M/s Interlink Corporation seeking release of ice cream flavors
KARACHI: A division bench of the Sindh High Court (SHC) issues pre-admission notices to the customs department and deputy attorney...
Govt decides to maintain prices of petroleum products
ISLAMABAD: The Pakistan Tehreek-e-Insaf government on Thursday decided to keep the prices of petroleum products unchanged for the remaining 15...
SBP reserves drop $356m to $11.79b
KARACHI: The foreign exchange reserves held by the central bank declined 2.9pc on a weekly basis, according to data released...
