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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
Rates of income tax for companies issued
ISLAMABAD: Federal Board of Revenue (FBR) has issued rates of income tax for companies to be applicable during tax year...
SHC restrains customs officials from encashment of pay order furnished by M/s Mass Pharma
KARACHI: A division bench of the Sindh High Court (SHC) restrained customs officials from encashment of pay orders furnished by...
ANF trying hard to facilitate traders, number of withheld containers reduced to 1.14pc in 2020: M. Ayub
KARACHI: Deputy Director/ In-charge, Port Control Unit, Anti-Narcotics Force (ANF) Karachi Muhammad Ayub has said that ANF was trying its...
Bank deposits reach new record high of Rs16.88 trillion
KARACHI: The deposits of banking system surged to a new record high of Rs16.886 trillion by end of September 2020,...
LHC wants to know rationale behind 262pc hike in medicine prices
LAHORE: The Lahore High Court (LHC) on Thursday directed the federal government to submit a report explaining the rationale behind...
Axle load restrictions: Transporters halt imported wheat supply
KARACHI: Despatch of imported wheat from Karachi Port to up country has remained suspended for the last two days after...
Aurangzeb highlights agri-finance, climate resilience reforms at World Bank forum
ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb participated in a discussion titled “AgriConnect: Farms, Firms, and Finance for...
KP wedding halls lose Rs7b due to coronavirus lockdowns
PESHAWAR: The wedding halls industry in Khyber Pakhtunkhwa (KP) has lost Rs7 billion due to coronavirus lockdowns in the province...
Foundation Securities launches first shariah compliant trading platform in Asia Pacific
KARACHI: The first shariah-compliant trading platform in the Asia Pacific has been launched by Foundation Securities, one of the many...
LCCAA general body meeting to be held on Oct 20
LAHORE: A general body meeting of Lahore Customs Clearing Agents Association (LCCAA) will be held at Allah Malik Farmhouse...
NAB reiterates its commitment to root out corruption from Pakistan
ISLAMABAD: National Accountability Bureau (NAB) Chairman Justice (r) Javed Iqbal chaired a meeting to review overall performance of the watchdog...
Asian equities slip as vaccine trials, stimulus talks stall
NEW YORK/SYDNEY: Asian equities slipped on Wednesday as halted COVID-19 vaccine trials and an impasse in U.S. fiscal aid...
Establishment of 13 SEZs to bring industrial revolution: CM Usman Buzdar
MULTAN: Punjab Chief Minister Sardar Usman Buzdar has said that setting up of 13 Special Economic Zones (SEZs) will bring...
Mis-declaration: SHC bars customs officials to arrest partner of M/s Taimoor Impex
KARACHI: A division bench of the Sindh High Court (SHC) directed customs officials to submit para wise comments on a...
FBR issues SRO 1041(I)/2020 for timely issuance of annual return forms
ISLAMABAD: Federal Board of Revenue (FBR) issued SRO 1041(I)/2020 for timely issuance of annual income tax return forms in order...
Customs E&C submits interim charge sheet of foreign origin cloth smuggling case
KARACHI: Investigation officer of Collectorate of Customs Enforcement & Compliance (E&C) submitted interim charge sheet against suspect namely Abdul Razaq...
FTO directs FBR to enforce certificate of origin to curb under invoicing
ISLAMABAD: Federal Tax Ombudsman (FTO) has directed Federal Board of Revenue (FBR) to enforce certificate of origin from respective country...
IMF forecasts Pakistan’s GDP growth at 1pc
ISLAMABAD: The International Monetary Fund (IMF) has projected Pakistan’s GDP (gross domestic product) growth rate at one per cent during...
Agha Steel goes public with general public subscription
KARACHI: Agha Steel Industries’ general public subscription of 30 million shares (25 per cent of the total offered size) will...
FBR adopts new policy to strengthen legal team for tax cases
ISLAMABAD: Federal Board of Revenue (FBR) has adopted new policy for placement of legal advisors and advocates on its panel...
