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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 receives $1.3b as loan from Chinese banks
KARACHI: The State Bank of Pakistan (SBP) has received $1.3 billion as loan disbursements from Chinese banks this week, the...
FBR decides to pay duty drawbacks on FIFO basis
KARACHI: The Federal Board of Revenue (FBR) has decided to make payments of duty drawback claims on 'first in, first...
FBR issues four steel companies tax evasion notices
ISLAMABAD: The Federal Board of Revenue (FBR) on Monday issued a notice to four steel companies for their involvement in...
FBR grants Rs30 billion as tax concession to new business entities
ISLAMABAD: Federal Board of Revenue (FBR) has granted Rs30 billion as initial allowance to new business entities during fiscal year...
Multan Customs impounds NDP vehicles worth Rs6.7m from DG Khan
MULTAN: Customs Collectorate of Enforcement & Compliance (E&C) has seized three non-custom paid vehicles of Rs6.7 million from Dera Ghazi...
KCAA members advised to clear dues till 10pm at NBP Customs House branch today
KARACHI: Karachi Customs Agents Association (KCAA) asked its members that in compliance of instructions given by State Bank of Pakistan...
Lahore’s ‘smart’ lockown extended till July 15 to mitigate spread of coronavirus
LAHORE: The Punjab government on Tuesday announced an extension in the "smart" lockdown imposed in various coronavirus hotspots across Lahore,...
Sindh refuses to collect taxes for federal govt until FBR refunds Rs8b
KARACHI: The Sindh government led by Chief Minister Murad Ali Shah has refused to collect taxes for the Federal Board...
Customs & IR officials to return cash reward for 2019-20
LAHORE: Federal Board of Revenue FBR has asked all the Customs and Inland Revenue (IR) officials to reimburse the cash...
KPT shipping intelligence report June 29
KARACHI: The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on...
CDNS achieves revenue collection target of Rs375b
ISLAMABAD: The Central Directorate of National Savings (CDNS) has achieved a collection net target of Rs 375 billion in the...
PIA announces reduction in fares for domestic destinations
KARACHI: The national flag-carrier, Pakistan International Airlines (PIA), has announced a reduction of fares for domestic flights. The PIA spokesperson...
Pak rupee depreciates by 52 paisas against US dollar
KARACHI: The Pak Rupee ended down by 52 paisas against dollar on Monday owing to higher import and corporate payment...
Successful anti-terror operation boosts investors’ confidence, KSE-100 gains 242 points
KARACHI: The successful operation of law enforcement agencies (LEAs) against terror attack on Pakistan Stock Exchange (PSX) on Monday which...
Peshawar I&I seizes heroin worth Rs50.9m near Nowshera
PESHAWAR: Directorate of Customs Intelligence and Investigation (I&I) foiled a bid to smuggle huge quantity of foreign origin heroin through...
Gold price jumps Rs 16,00 to Rs 104,400 per tola
ISLAMABAD: The price of 24 karat gold increased by Rs1,600 on Monday and was traded at Rs104,400, against Rs 102,800...
NAB is only institution in the world which has fixed time frame of 10 months
ISLAMABAD: Justice Javed Iqbal, Chairman NAB has said that NAB under its effective and comprehensive National Anti-Corruption Strategy is committed...
FBR initiates stocktaking of oil marketing companies: report
KARACHI: The Federal Board of Revenue (FBR) have shared that it has started stocktaking of oil marketing companies in view...
Several dead after attack on Pakistan Stock Exchange in Karachi
KARACHI: At least five people have died after shots were fired at the Pakistan Stock Exchange in Karachi, according to...
FBR grants Rs45 billion customs duty exemption under FTAs
ISLAMABAD: Federal Board of Revenue (FBR) has granted an amount Rs45 billion as cost of customs duty exemption and concession...
