Breaking News
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
Tax evasion: Customs court approves charge sheet against M/s Victory International & others
KARACHI: The customs court approved progress report against suspects namely Abdul Aziz, owner of M/s Victory International and others, who...
Pak Rupee depreciates by 12 paisas against USD
KARACHI: The Pak Rupee ended down by 12 paisas against the dollar on Thursday owing to negative sentiments prevailed after...
FBR seeks details of Tier-1 retailers from field formations
ISLAMABAD: The Federal Board of Revenue (FBR) has directed its field formations to furnish the details of Tier-1 retailers integrated...
Gold imports fall 52pc in 1H of FY21
ISLAMABAD: The gold imports into the country decreased by 52.17 percent during the first half of the current fiscal year...
Shipping activity at Port Qasim on Jan 21
KARACHI: Two ships, MSC Antigua and Tera Bhum carrying Containers were allotted berths at Qasim International Container Terminal on Wednesday....
Customs AIIA foils bid to smuggle 3000 hormonal injections worth Rs5.6m via parcel
LAHORE: Collectorate of Customs Allama Iqbal International Airport (AIIA) foiled a bid to smuggle huge quantity of hormonal injections and...
Govt changes profit rates on National Saving Schemes certificates
ISLAMABAD: The Federal government has announced revised profit rates for National Saving Schemes certificates. According to the new rates, the...
FBR explains payment of duty & taxes through electronic mode to facilitate trade, industry
ISLAMABAD: The Federal Board of Revenue (FBR) explained payment of duty and taxes through electronic mode to facilitate trade and...
FBR suggests CPEC chapter in customs rules
ISLAMABAD: Federal Board of Revenue (FBR) issued draft customs rules for the introduction of a separate chapter on procedures for...
Dr. Sadiqullah Khan’s Hyderabad I&I impounds whisky, NDP goods, vehicle worth Rs14.1m
HYDERABAD: Directorate of Customs Intelligence & Investigation (I&I) recovered huge quantity of foreign origin whisky and PVC resin during separate...
Asia sees in Biden presidency with healthy gains
HONG KONG: Asian markets welcomed Joe Biden’s first day as US president with broad gains Thursday as investors look forward...
Govt paid Rs5700b interest on previous loans: finance ministry
ISLAMABAD: Finance ministry said that the incumbent government has paid an interest of Rs 5700 billion on the loans taken...
Yahya Hassan Virk passes away
LAHORE: Elder brother of Mouazzam Virk, Principal Appraiser Collectorate of Customs Appraisement and Facilitation Chaudhary Yahya Hassan Virk died here...
SBP directs banks to facilitate taxpayers in e-payment of duty, taxes
KARACHI: The State Bank of Pakistan (SBP) directed banks to facilitate taxpayers in their payments of duty and taxes through...
Customs I&I submits FIR against M/s Sas Pvt Ltd & M/s Sarhad Logistics for smuggling of contraband goods
KARACHI: Investigation officer of Directorate General, Intelligence & Investigation-Customs has submitted first information report (FIR) before the customs court against...
Pakistan’s Current Account records deficit of $662m in Dec
KARACHI: The State Bank of Pakistan (SBP) has shared monthly numbers of Balance of Payments noting current account of Pakistan...
YMA demands to abolish VAT, impose uniform WHT, removal of RD on PFY
KARACHI: Pakistan Yarn Merchants Association (PYMA), has asked the Federal Board of Revenue (FBR) to abolish 3pc value added tax...
ECNEC okays second phase of Pak-China optic fiber project at Rs37.9b
ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) has approved the Pak-China Optical Fiber Cable (OFC) Project-Phase II...
PTV delisted from privatisation plan
ISLAMABAD: The Federal Minister for Finance and Revenue Dr. Abdul Hafeez Shaikh chaired the meeting of the Cabinet Committee on...
Shipping activity at Port Qasim Jan 20
KARACHI: Seven ships namely, MSC Janis-3, Maersk Seletar, Rising Eagle, Galini, Gas Amazon, Elenore and Adaliah scheduled to load/offload Containers,...
