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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
Car sales, production slump over 50pc during FY2019-20
ISLAMABAD: The sale and production of cars witnessed decrease of 53.54 and 54.92 percent respectively during the fiscal year 2019-20...
Owner moves SHC seeking release of vehicle involved in smuggling
KARACHI: Real owner of Nissan truck trailer namely Tariq Mahmood son of Muhammad Hayyat has filed a writ petition before...
Punjab govt decides to establish largest SEZ in Muzaffargarh-Layyah Road Chaubara
LAHORE: Government of Punjab has decided to establish largest Special Economic Zone (SEZ) in Muzaffargarh-Layyah Road Chaubara. According to details,...
TPL Trakker, responsible for helping govt map COVID-19 hotspots, set to go public
KARACHI: TPL Trakker, the company behind the mapping technology that the government is using to map COVID-19 hotspots in Pakistan,...
Pfizer to get $1.95b to produce millions of doses of COVID-19 vaccine
NEW YORK: Pfizer and German biotech firm BioNTech will get $1.95 billion from the U.S. government to produce and deliver...
KP businessmen urge FBR to accelerate tax refund process
PESHAWAR: The business community on Wednesday urged the Federal Board of Revenue (FBR) to accelerate the tax refund process and...
Bidding for First Women Bank, HBFC privatization by October
ISLAMABAD: Federal Minister for Privatization Muhammad Mian Soomro on Wednesday chaired a meeting of privatization commission and reviewed the progress...
Pak rupee gains 27 paisa against US dollar
ISLAMABAD: The exchange rate of Pakistani rupee strengthened by 27 paisas against US dollar in the interbank on Wednesday to...
SBP enhances scope of renewable energy refinance scheme
KARACHI: The State Bank of Pakistan (SBP) has enhanced the scope of its Refinance Scheme for Renewable Energy by allowing...
FBR allows 2pc income tax on chemicals & dyes raw materials
ISLAMABAD: The Federal Board of Revenue (FBR) has given relief to commercial importers by allowing them to pay 2pc income...
ECC approves markup subsidy for housing finance under NPHDA
ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh chaired the meeting of the Economic Coordination...
COVID-19 economic fallout: AIIB approves $250m loan to Pakistan
ISLAMABAD: The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors have approved a loan of $250 million to help Pakistan...
Customs values of polyester filament yarn revised vide VR No 1457/2020
KARACHI: Directorate-General of Customs Valuation Director Shafiq Ahmad Latki has issued customs values of polyester filament yarn vide Valuation Ruling...
Customs Port Qasim re-distributes work among principal appraisers, AOs
KARACHI: Collectorate of Customs Port Mohammad Bin Qasim (PMBQ) Assistant Collector Headquarters M. Wardan Ali has issued office order regarding...
Indus Motors moves SHC seeking release of consignment
KARACHI: Indus Motors Company Limited has approached the Sindh High Court (SHC) seeking declaration of entitlement of exemption certificate from...
DG Valuation issues customs values of uncoated offset paper for writing, printing & photocopy vide VR No 1458/2020
KARACHI: Directorate-General of Customs Valuation Director Shafiq Ahmad Latki has issued customs values of uncoated offset paper for writing, printing...
Customs values of fiscal, toilet, kitchen tissue paper revised vide VR No 1459/2020
KARACHI: Directorate-General of Customs Valuation Director Shafiq Ahmad Latki has issued customs values of facial tissue paper (in boxes), toilet...
Customs E&C transfers 10 inspectors from Lahore to Multan
LAHORE: Customs Collectorate of Enforcement and Compliance Lahore has transferred 10 inspectors from Lahore Collectorate to Multan. As per the...
Pak rupee gains 50 paisa against USD in interbank
KARACHI: The exchange rate of Pakistani rupee (PKR) strengthened by 50 paisa in the interbank on Tuesday against United States...
FBR abolishes regulatory duty on wheat import
ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday abolished regulatory duty on import of wheat in order to bring down...
