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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
Punjab govt unveils austerity policy for FY2020-21
LAHORE: Punjab government on Thursday unveiled its austerity policy for the new fiscal year 2020-21. According to the policy, unnecessary...
FBR rebuts news about FBR reforms’ meeting
ISLAMABAD: The Federal Board of Revenue (FBR) Thursday strongly rebutted a news story, appearing in a section of press, about...
ANF recovers huge quantity of drugs from KICT
KARACHI: Anti Narcotics Force(ANF) Police Station Clifton recovered 177 kilogram methamphetamine a drug more dangerous than heroin from Karachi International...
Asia markets mixed as traders weigh stimulus, China-US tension
HONG KONG: Asian markets were mixed Thursday following a two-day rally, with nervous investors keeping an eye on stuttering stimulus...
Price of gold surges to all-time high at Rs128,700/tola
KARACHI: Gold prices reached an all-time high of Rs128,700/tola Wednesday after gaining more than 46% in 2020 from the meagre...
Indemnity bond must for international transshipment facility: FBR
ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday issued draft rules to make indemnity bond mandatory for shipping lines intending...
FBR updates WHT rate on payment for goods, services
ISLAMABAD: Federal Board of Revenue (FBR) has updated withholding tax rates on payments for goods and services during tax year...
Customs Collectorates, Directorates told to upload Auction Schedule on FBR website
LAHORE: Federal Board of Revenue FBR has ordered all Customs Collectorates and Directorates of Intelligence and Investigation (I&I) to upload...
FBR plans to abolish more WHT during next FY: Chief Income Tax Policy Reema Murad
ISLAMABAD: The Federal Board of Revenue (FBR) will abolish 30-40 more withholding taxes (WHTs) in a phase-wise manner, FBR disclosed...
Pakistan’s foreign reserves jump by US$567m: SBP
KARACHI: After a decrease in the foreign reserves of the country in the past week, the State Bank of Pakistan...
Impartial, transparent probe to be conducted into sugar subsidy case: NAB chairman
ISLAMABAD: A meeting of National Accountability Bureau (NAB) was held under the chairmanship of its chairman Justice Javed Iqbal at...
PSX rallies by 305.16 points as bull-run continues
KARACHI: Pakistan Stock Exchange (PSX) witnessed a bullish trend as KSE-100 closed at 39,882.78 points as compared to 39,577.62 points...
Customs Preventive along with LEAs using all available resources to curb smuggling attempts: Collector Irfan Javed
QUETTA: Collectorate of Customs Preventive Collector Irfan Javed has said that under guidance of Federal Board of Revenue there has...
Global current account imbalances narrowed in 2019, can narrow even further in 2020: IMF
WASHINGTON: The International Monetary Fund said on Wednesday that global current account imbalances narrowed in 2019 as trade slowed, and...
Recent hike in petroleum prices to add about Rs 4b to FBR’s revenue in August
ISLAMABAD: The Federal Board of Revenue (FBR) has estimated additional revenue of Rs 3-4 billion in August 2020 as a...
Pakistan’s exports grow 5.8pc in July
ISLAMABAD: Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood chaired an internal strategy meeting at the commerce...
NAB Karachi recovers Rs134.339m acting upon Customs Today article, distributes to FBR
KARACHI: Customs Today had published a series of stories including on 16th Sept. 2019 https://customstoday.media/nab-takes-action-on-green-channel-mega-scam-after-customs-todays-extensive-coverage/ and further on 19th Sept....
FBR announces release of simplified salary return video tutorial
ISLAMABAD: Continuing the awareness and technical training campaign of educating the general public on filing taxes and other online services...
FBR upgrades posts of 11 PCS officers to BS-19
ISLAMABAD: The posts of following BS-18 officers of Pakistan Customs Service who were promoted to BS-19 vide FBR's Notification No....
Customs AIIA transfers four inspectors to different locations
LAHORE: Collectoarte of Customs Allama Iqbal International Airport (AIIA) deputy collector Tuesday ordered transfers and postings of four inspectors at...
