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BUSINESS
FBR wins scholarships from CFA Institute USA
ISLAMABAD: In a landmark development, the Federal Board of Revenue (FBR) has entered into an agreement with CFA Institute Virginia, USA on December 21, 2021 for provision of scholarships to its officers. The agreement has been signed by…
FBR chief ensures foolproof custom clearance at Chaman
ISLAMABAD: On the third and last day of his visit to Baluchistan, Chairman FBR/Secretary Revenue Division, Dr. Muhammad Ashfaq Ahmed, visited Customs House, Chaman on Sunday. He was accompanied by Dr. Muhammad Saeed Khan Jadoon, Member…
FBR chairman spends busy day at Taftan
ISLAMABAD: On the second day of his visit to Quetta,chairman FBR/secretary Revenue Division, Dr. Muhammad Ashfaq Ahmed, spent a busy day at Pak-Iran border and visited Customs House, Taftan on Saturday. He was accompanied by Dr. Muhammad…
Govt passes on partial relief for 15 days
ISLAMABAD: The government has passed on partial relief to the end buyers by
reducing the prices of the petroleum products almost 50 % of actual reduction for a fortnight (December 16-December 30). The reduction in the rates of petroleum…
SBP jacks- up interest rate by 100 basis points
KARACHI: The State Bank of Pakistan (SBP) seems in hurry to take interest rate to even higher than the last year. After a gap of less than month, it revised interest rate upward by 100 basis points to push it from 8.75 % to 9.75 %. In…
Service charges Rs 1 only : FBR
ISLAMABAD: The Federal Board of Revenue (FBR) has strongly rejected disinformation being spread on the social media against the proposed Service Charge of Rs.1 to be collected on all invoices issued by Tier-1 Retailers integrated with FBR’s…
Metro Pharmaceuticals rebukes Indian media’s claim of payment
ISLAMABAD: Indian media reports that Metro Pharmaceuticals Pakistan, a leading Islamabad-based pharma company, and at least four other Pakistani pharmaceutical firms owe to Indian suppliers Rs 2.85 crore and Indian State minister for…
Pakistan Customs seizes goods worth Rs 10 million
ISLAMABAD: Following a policy of zero tolerance against smuggling , Pakistan Customs of Federal Board of Revenue (FBR) has seized smuggled goods worth more than Rs 10 million at Torkhan border.
According to an official handout, a…
FBR all out to make POS campaign a sucess story
ISLAMABAD: The Federal Board of Revenue (IR-Operations) member, Qaiser Iqbal,
held an important meeting with the top leadership of FBR field formations through video link facility on Saturday. The member reaffirmed his commitment to…
Customs intellegence recovers smuggled cloth in Karachi
KARACHI,; Upon credible information, Intelligence team of Customs Enforcement, Karachi conducted a surveillance on warehouses located at Aram Bagh market, Lucknow, and Al-Jadeed Market Saddar, Karachi, where a huge quantity of foreign…
