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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
GST should be reduced to 14pc to provide much needed relief: KCCI
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan has stressed that the rate of GST...
NAB committed for logical conclusion of mega corruption cases: Justice Javed Iqbal
ISLAMABAD: Honorable Justice Javed Iqbal, Chairman NAB has said that NAB is committed for logical conclusion of mega corruption cases....
FBR exempts duty, taxes on import of Remdesivir
ISLAMABAD: Federal Board of Revenue (FBR) on Monday exempt duty and taxes on import of antiviral drugs for prevention of...
Stocks Largely Higher With Low Conviction; Gold Up
NEW YORK: Stocks and U.S. futures set aside concerns about rising Coronavirus case numbers in countries from the US to...
FBR asks field offices to enhance efforts to achieve Rs415.5b target in June
ISLAMABAD: The Federal Board of Revenue (FBR) is likely to miss the revised tax collection target of Rs3,908 billion for the...
Finance Bill suggests important amendments in income tax at import stage
KARACHI: The Finance Bill 2020 has proposed significant amendments related to income tax at import stage in Section 148 of...
Import of used and old cars witnessed sharp decline of 61% during 11 months
KARACHI: The import of used and old cars witnessed sharp decline of 61 percent during first eleven months (July-May) of...
ECC to monitor import of wheat to control price hike
ISLAMABAD: Economic Coordination Committee (ECC) of the Cabinet has given go-ahead to the private sector to import wheat to control...
Senate committee calls for 100pc hike in FED on cigarettes
ISLAMABAD: The Senate Standing Committee on Finance has approved a recommendation for an increase in the Federal Excise Duty (FED)...
Tax credit limit reduced by 50pc on charitable donations
ISLAMABAD: The limit of tax credit has been reduced by 50 percent on amount paid in cash or in kind...
Cabinet body okays import of furnace oil
KARACHI: A sub-committee of the federal cabinet on energy has decided to allow the import of furnace oil to fulfil...
Chief Collector Customs Asif Jah’s condition stable now: Doctors
LAHORE: Condition of Asif Mehmood Jah, Chief Collector of Customs Islamabad, who was seriously injured in an accident on Friday,...
Customs I&I impounds over Rs96m smuggled items
LAHORE: Directorate of Customs Intelligence and Investigation (I&I) Saturday impounded over Rs96 million smuggled goods, official sources said. Sources told...
Punjab Govt submits progress report in SC coronavirus suo moto case
LAHORE: The Punjab government has submitted a progress report on the coronavirus suo motu case in the Supreme Court. The...
Pakistan to open third trading route with Afghanistan to clear backlog: Razak Dawood
ISLAMABAD: Adviser to the Prime Minister on Commerce & Investment, Abdul Razak Dawood has meet with Ambassador of Afghanistan Shukrullah...
Diamer-Bhasha Dam a world class mega-hydro project: Chinese Engineer
BEIJING, June 20 (APP):Diamer-Bhasha Dam is a world class mega-hydro project and participating in this project is a huge challenge,...
KP businessmen demand immediate release of income tax refunds
PESHAWAR: The Sarhad Chamber of Commerce and Industry (SCCI) on Saturday demanded the Federal Board of Revenue (FBR) to immediately...
Pakistan signs agreements worth $1,500m with WB, ADB, AIIB
ISLAMABAD: World Bank (WB), Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB) will provide financing worth 1.5...
Weekly report: Rupee depreciates in interbank, gold up by Rs2500
KARACHI: The US dollar gained value against the Pakistani rupee in the both interbank and open market while gold price...
IHC dismisses sugar millers’ plea, ends restraining order
ISLAMABAD: Islamabad High Court (IHC) on Saturday announced its verdict on plea filed by Sugar Mills Association against report of...
