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Pakistan-IMF review talks to conclude this week for 5th loan tranche

Customs JIAP foils bid to smuggle Rs11.8m foreign currency to Dubai

SBP calls for better insurance, warehousing to boost farm lending

FBR mandates use of authorized vendors for production monitoring systems

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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

Govt’s domestic debt surges to Rs41tr, reflecting 24pc YoY increase

06/01/2024

KARACHI: The State Bank of Pakistan’s latest data reveals a substantial 24% year-on-year rise in the federal government’s domestic debt,...

LHC announces ruling regarding search warrants against corporate taxpayers

06/01/2024

LAHORE: The Lahore High Court (LHC) has declared that the Federal Board of Revenue (FBR) cannot issue search warrants for...

Pakistan Customs notifies conditions for drawback repayment on export of imported goods

ISLAMABAD: Pakistan Customs has issued a set of conditions for the repayment of drawback on the export of imported goods...

SBP reserves increase $464m to reach over 5-month high of $8.2b

KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $464 million on a weekly basis,...

SRB issues new guidelines to banks on sales tax payment

KARACHI: The Sindh Revenue Board (SRB) has recently issued updated guidelines to banks concerning the payment of sales tax on...

FTO bars FBR from filing petitions against its orders at high courts

LAHORE: The Federal Tax Ombudsman (FTO) has strictly barred the Federal Board of Revenue (FBR) from filing Writ Petitions before...

Quetta Customs impounds 33 NDP vehicles worth Rs84.6m

QUETTA: Regional Directorate of Customs Intelligence & Investigation (I&I) Quetta has impounded 33 Japanese origin vehicles of various makes and...

CDNS secures Rs50b in Islamic finance bonds

KARACHI: The Central Directorate of National Savings (CDNS) has secured Rs 50 billion in Islamic finance bonds at the end...

FBR decides to give rewards to LEAs for anti-smuggling activities

ISLAMABAD: The officers of the law enforcement agencies and intelligence agencies would now be entitled to rewards by the Federal...

Fiscal deficit curtailed at 0.8pc of GDP, primary surplus improves

ISLAMABAD: Owing to consolidated measures implemented by the government, the fiscal deficit has been curtailed to 0.8 percent of GDP...

High-profile Chinese business delegation meets Planning Minister

ISLAMABAD: A high-profile business delegation of China, led by the Chairman of Chang Chinag Chamber of Commerce Li Ting, met...

FBR empowers officers to determine customs value on import or export of goods

ISLAMABAD: Officers of the Federal Board of Revenue (FBR) have been granted enhanced authority to determine the customs value on...

Privatization of HEC completed

ISLAMABAD: The Privatization Commission of Pakistan on Tuesday completed the privatization process of Heavy Electrical Complex (HEC) by handing over...

FTO disposes of 17,101 complaints in 3 years

ISLAMABAD: Federal Tax Ombudsman (FTO) released its three years performance report from 2021 to 2023, during which the department disposed...

119th Advance Railway Course participants visit EAD

ISLAMABAD: The international delegates participating in the 119th Advance Railway Course, conducted by the Pakistan Technical Assistance Programme (PTAP) visited...

ICCI greets former President Atif Ikram Sheikh on being elected as President FPCCI

02/01/2024

ISLAMABAD: Former President of Islamabad Chamber of Commerce and Industry Atif Ikram Shaikh has assumed the charge as the newly...

UVAS signs MoU with ZTBL to uplift livelihood of livestock farmers