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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
Importer moves SHC for release of goggles & wrist watches detained by Customs Preventive
KARACHI: Importer Muhammad Irshad has approached the Sindh High Court (SHC) and filed a constitutional petition for implementation of order...
Govt acquires 32,139 acres of land for Diamer-Bhasha dam
ISLAMABAD: The government has acquired around 32,139 acres of land, out of total 37,419 acres land required for the construction...
Appraisement East declines request of M/s Art & Graphics Private Limited for releasing consignment
KARACHI: Amanullah, Deputy Collector (Group-III) Customs Collectorate of Appraisement and Facilitation-East declined request filed by M/s Art & Graphics Private...
SBP issues guidelines for DFIs to undertake Shariah compliant business
KARACHI: The State Bank of Pakistan (SBP) has issued guidelines for Development Finance Institutions (DFIs) to undertake Shariah-compliant businesses and...
Pak Rupee continues bullish trend against USD
ISLAMABAD: The exchange rate of Pakistani rupee strengthened by 50 paisas against US dollar in the interbank trading on Friday...
SBP eases quarantine condition for banknotes processed through certified machines
KARACHI: State Bank of Pakistan (SBP) on Friday relaxed the condition for banks of ensuring 14-day quarantine period for those...
Britain, EU split on state aid in crunch week of trade talks
BRUSSELS: British and EU trade negotiators have failed to close the gap on state aid, a key element barring their...
Transparent banking key to curb consumer exploitation: President Alvi
ISLAMABAD: President Dr Arif Alvi said procedural transparency in the banking sector was important to keep a control on financial...
FBR asked to stop issuing notices to businessmen
LAHORE: The Lahore Chamber of Commerce and Industry has urged the FBR to immediately stop issuing notices to businessmen as...
Exports increases by 6pc to $1.872b in September
ISLAMABAD: Adviser to the Prime Minister for Commerce and Investment Abdul Razak Dawood on Friday said exports have grown 6...
Services rendered by Sarfraz Warriach & Nadeem Dar will be remembered: Javed Ghani
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Javed Ghani appreciated the services rendered by Senior Member Nadeem Dar and Member...
Gwadar Customs seizes 176kg brown heroin worth Rs1b
GWADAR: Anti-Smuggling Organization of Gaddani has seized seized 176 kilogram of foreign origin brown heroin from diesel tank of Hino...
FBR establishes Post Refund Analysis Cell to probe bogus refund claims
ISLAMABAD: Federal Board of Revenue (FBR) has established a cell to probe fake refund claims in order to make system...
SHC bars customs officials from taking action against M/s Indus Motor Company
KARACHI: The Sindh High Court (SHC) restrained customs officials from any coercive action against M/s Indus Motor Company Limited for...
FBR, PSMA ink accord for electronic monitoring of sugar production
ISLAMABAD: The Federal Board of Revenue (FBR) has signed a memorandum of understanding (MoU) with Pakistan Sugar Mills Association (PSMA)...
ECC approves exemption from sales tax on supply of sugar imported through TCP
ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh chaired the meeting of the Economic...
SHC calls comments on petition filed by C&SPA seeking appointment of members & chairman of CAT
KARACHI: A division bench of the Sindh High Court (SHC) issued pre-admission notices to customs department and assistant attorney general...
SBP reserves fall by $342mn to $12.3b
KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $342 million to $12.35bn during the...
Customs Court extends remand of suspect in contraband goods smuggling case
KARACHI: The Customs Court approved physical remand of suspect namely Aziz Ullah son of Inayat Ullah and sent him back...
SRB collects Rs26.38b in 1Q of FY21
KARACHI: Sindh Revenue Board (SRB) has collected Rs26.38 billion in July – September of the current fiscal year as compared...
