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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
SBP notifies amendments to consumer financing regulations
KARACHI: State Bank of Pakistan (SBP) on Friday notified amendment in the Regulation R-4 of Prudential Regulations for Consumer Financing....
KP’s FY20 annual development expenditure falls short by 53pc
PESHAWAR: The Khyber Pakhtunkhwa (KP) government has spent only Rs150.9 billion or 47 per cent out of the Rs319 billion...
KPT shipping intelligence report June 10
KARACHI: The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on...
Seven Punjab cities, including Lahore, undergo 15-day smart lockdown
LAHORE/MULTAN/SIALKOT/FAISALABAD: Seven cities of Punjab will undergo a 15-day smart lockdown that will commence from today (Friday) and last till...
RCCI donates Oxygen cylinders to RIU
RAWALPINDI: A delegation of Rawalpindi Chamber of Commerce and Industry (RCCI) visited Rawalpindi Institute of Urology (RIU) and called on ...
FBR Lahore holds first “e-khuli kutcheri”
LAHORE: In the wake of instructions from Federal Board of Revenue (FBR) to restore confidence of the public in tax...
PM urged to order SSGC to immediately withdraw gas load shedding plan
KARACHI: Chairman Businessmen Group (BMG) & Former President KCCI Siraj Kassam Teli and President Karachi Chamber of Commerce & Industry...
SHC issues notices on petition filed by M/s Perfect Craft Pvt Ltd
KARACHI: The Sindh High Court (SHC) issued notices to the customs department and deputy attorney general on a petition filed...
Tax evasion: Customs Court seeks progress report against M/s Ahmed Smelter Company
KARACHI: The Customs Court directed investigation officer to complete investigation and submit progress report against M/s Ahmed Smelter Company (Pvt)...
Import duty collection slips 7.4pc in FY2019-20
KARACHI: Pakistan Customs saw duty collection fell 7.4% to Rs453 billion during the last fiscal year of 2019-20, as regulatory...
FBR issues draft rules for grant of concessional tax rate on import of raw materials
ISLAMABAD: Federal Board of Revenue (FBR) has issued draft rules for grant of concessional tax rate on import of raw...
Pak rupee gains 23 paisas against dollar
KARACHI: The Pak Rupee strengthened by 23 paisas against dollar on Friday owing to better inflows and improved foreign exchange...
Pakistan’s economy to recover during financial year 2021: IMF
ISLAMABAD: International Monetary Fund (IMF) on Friday predicted recovery in Pakistan s economy during financial year 2021. In a report...
Pakistan’s earns US$1176m from IT services’ export
ISLAMABAD: Pakistan earned US $ 1176.750 million by providing different information technology (IT) services in various countries during the first...
FBR forms assessment oversight committees to settle taxpayers’ cases
ISLAMABAD: Assessment oversight committees have been formed at all tax offices of Inland Revenue in order to settle the cases...
Pakistan’s foreign exchange reserves increase by $819m
KARACHI: The liquid foreign exchange of the country increased by $819 million to $18.79 billion by week ended July 03,...
Multan Customs impounds vehicles & goods worth Rs225.32m
MULTAN: Collectorate of Customs Enforcement & Compliance (E&C) impounded non-customs paid vehicles and miscellaneous goods worth Rs225.32 million during various...
FBR to adopt new strategy to achieve Rs4963b collection target
ISLAMABAD: Federal Board of Revenue (FBR) has decided to take new enforcement and administrative measures to achieve revenue collection target...
Fruits, vegetables exports grew during 11 months
ISLAMABAD: Fruits and vegetables exports grown by 1.18 percent and 29.27 percent respectively during 11-month of financial year 2019-20 as...
Gold prices rise to all-time high of Rs109,100 per tola
KARACHI: Gold rates in Pakistan on Thursday reached a new all-time high, going up to Rs109,100 a tola, as the...
