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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
FBR changes taxation of capital gains on disposal of immovable property
ISLAMABAD: Federal Board of Revenue (FBR) has made significant changes in the taxation of capital gains on disposal of immovable...
COAS promises support for businessmen of rain-struck Karachi
KARACHI: Chief of Army Staff (COAS) General Qamar Javed Bajwa has assured help for the entrepreneurs in Karachi, as trade...
‘Everyone now focused on outsourcing Karachi’s infrastructure development to NDMA, FWO’
KARACHI: Chairman Businessmen Group (BMG) & Former President Karachi Chamber of Commerce & Industry (KCCI) Siraj Kassam Teli has said...
SBP’s reserves rise $71.9m to $12.7b
KARACHI: The State Bank of Pakistan’s (SBP) net reserves increased by $71.9 million to $12.7 billion during the week ending...
Pakistan can grab big share of Chinese investment in green energy
ISLAMABAD: Pakistan has big opportunity to grab the Chinese investment in renewable energy sector after the Chinese decision of expanding...
Carpets, rugs and mats exports increase record 3.67pc
ISLAMABAD: Carpets, rugs and mats exports during FY 2020-21 grew by 3.67% as compared to the exports of the corresponding...
KPRA reduces sales tax on 29 services
PESHAWAR: The Khyber Pakhtunkhwa Revenue Authority (KPRA) has significantly reduced rates of sales tax from 15 percent to merely two...
Customs ASO seizes smuggled skimmed milk worth Rs8.05m near Kot Momin
MULTAN: Collectorate of Customs Anti-Smuggling Organization (ASO) Sargodha squad recovered huge quantity of foreign origin skimmed milk powder of Iran...
Accountability court seeks one-year time for trial of Ashiana reference
LAHORE: Accountability court on Friday has sought one-year time for the trial of Ashiana Housing reference against Shehbaz Sharif. According...
PIA further slashes fares for domestic destinations
KARACHI: Pakistan International Airlines (PIA) has made an announcement for further reduction in fares for the domestic destination. The PIA...
FBR declares filing income tax return mandatory for FTR taxpayers
ISLAMABAD: Federal Board of Revenue (FBR) has said that filing annual income tax return is mandatory for taxpayers falling under...
FBR allows monthly salary up to Rs25,000 per employee paid in cash as business expense
ISLAMABAD: Federal Board of Revenue (FBR) has allowed monthly salary up to Rs25,000 per employee paid in cash as business...
Importers on Sales Tax ATL to import sugar with tax concessions: MoC
ISLAMABAD: The ministry of commerce has said that only those importers, who are on the Active Taxpayers List (ATL) of...
Punjab ACD claims Rs 5.22b recovery in graft case
LAHORE: Punjab’s Anti Corruption Department (ACD) has claimed recovery of property worth Rs. 5.22 billion in a graft case, according...
Asian stocks slip after Wall Street selloff dents tech rally
SINGAPORE: Asia’s stock markets had their worst session in two weeks on Friday following a tech-led plunge on Wall Street,...
Customs court takes FIR into record against M/s Premiun Enterprises in mis-declaration case
KARACHI: The Customs Court has directed investigation officer to complete investigation and submit progress report against suspect namely Muhammad Yousaf,...
M/s Zoom Petroleum moves SHC against detention of consignment
KARACHI: M/s Zoom Petroleum Pvt Ltd has approached the Sindh High Court (SHC) and filed a constitutional petition against detention...
Dawood directs for resolving issues of exporters on war-footings
ISLAMABAD: The Adviser to Prime Minster on Commerce and Investment, Abdul Razak Dawood directed Ministry of Commerce to resolve the...
KCR project: FWO given go-ahead for constructing underpasses, flyovers
KARACHI: The Sindh transport authorities have made progress on the Karachi Circular Railway (KCR) after giving go-ahead to Frontier Works...
Quetta Customs foils bid to smuggle goods worth Rs30m near Dalbandeen check post
QUETTA: Collectorate of Customs Preventive foiled a bid to smuggle huge quantity of smuggled goods worth Rs30 million near Dalbandeen...
