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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

FBR to launch simplified tax return form for small traders

ISLAMABAD: Federal Board of Revenue (FBR) is set to launch simplified income tax return form for small retailers. According to...

SHC seeks comments on petition filed by M/s H.S Engineering Services

byM.B. Rana

KARACHI: The Sindh High Court (SHC) issued notices to the customs department on a constitutional petition filed by M/s H.S...

China ready to pursue ‘high-quality development’ of CPEC

BEIJING: China on Tuesday said it was ready to pursue “high-quality development” of the China-Pakistan Economic Corridor which would benefit...

FTO directs FBR to audit smuggled vehicles’ auctions

ISLAMABAD: The Federal Tax Ombudsman (FTO) while deciding a suo-moto case against the “irregularities” of the Federal Board of Revenue’s...

Finance ministry clarifies news report about debt indicators

ISLAMABAD: Ministry of Finance rejected reports published in media stating that public debt increased by Rs5678 billion during 12 months...

ECC approves Rs3.2b to clear outstanding dues of SSGC & PSM

ISLAMABAD: Adviser to the Prime Minister on Finance, Dr. Abdul Hafeez Shaikh presided over a meeting of the Economic Coordination...

Govt considering to announce federal budget 2020/2021 in May

ISLAMABAD: The government is planning to present federal budget 2020/2021 in the cabinet and the parliament in the month of...

FBR issues clarification regarding taxes on import of smart phones

ISLAMABAD: The Federal Board of Revenue (FBR) on Wednesday issued a clarification that according to Government’s Digital Pakistan Initiative, the...

Customs Preventive recovers smuggled sofa cloth worth Rs20m

byM Hayat

LAHORE: Collectorate of Customs Preventive anti-smuggling squad recovered huge quantity of non-duty paid sofa cloth from Gowalmandi. Sources told Customs...

Pakistan to export additional 500,000 tons rice to China

ISLAMABAD: Advisor to Prime Minister on Commerce, Textile, and Industry Abdul Razak Dawood has said on Wednesday that Pakistan has...

Pakistan to establish its first corporate restructuring company

] ISLAMABAD: Prime Minister Imran Khan has taken one more step towards economic development as the federal government decided to...

Faisalabad Adjudication decides 21 cases of Rs47.014m

byNaeem Sheikh

FAISALABAD: Collectorate of Customs Adjudication settled 21 seizure cases after adjudicating involving Rs 47.014 million during the month of December...

SECP policy board softens Companies Regulations, 2018

07/01/2020

ISLAMABAD: The Securities and Exchange Policy Board of SECP on Tuesday approved changes in the Companies (Further Issue of Shares)...

Customs I&I shows outstanding performance during first 2Qs of FY2019-20

07/01/2020

KARACHI: Under the supervision of Director Irfan Javed, Directorate of Customs Intelligence and Investigation has displayed extra-ordinary progress in performance...

Customs I&I seizes Indian goods, fabric marked with Afghan transit worth Rs19.1m