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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
Multan RTO to conduct audit of 162 cases
MULTAN: Federal Board of Revenue (FBR) Regional Tax Office (RTO) has issued notice to 162 selected industrialists, salaried individuals and...
II&P cell submits FIR against M/s Shah & Co in sales tax fraud scam
KARACHI: The Customs Court directed investigation officer to complete investigation and submit progress report against Abdul Karim Shah Hashmi, owner...
NAB committed to bring corrupt elements to justice: Chairman Javed Iqbal
ISLAMABAD: National Accountability Chairman Justice (r) Javed Iqbal has said that logical disposal of mega corruption and white collar crime...
FBR transfers Gul Rehman, Syed Hamid, Wajid Ali, Ahmad Rauf, Fayyaz Rasool, Sanaullah Abro
ISLAMABAD: Federal Board of Revenue (FBR) has issued notification for transfer and posting of following officers of Pakistan Customs Service...
M/s Hinopak Motors challenges SRO 572(1)/2020 for additional customs duty on auto parts
KARACHI: A division bench of Sindh High Court (SHC) issued notices to the customs officials and deputy attorney general directing...
ECC enhances wheat support price to Rs1600
ISLAMABAD: Adviser to the Prime Minister on Finance Dr. Abdul Hafeez Shaikh chaired the meeting of the Economic Coordination Committee...
Pakistan, Iran to increase working hours at borders to boost bilateral trade
ISLAMABAD: Pakistan and Iranian authorities at a meeting of the Joint Border Trade Committee (JBTC) have agreed to increase working...
Mis-declaration: Customs Court approves charge sheet against M/s World Ocean Centre
KARACHI: The Customs court approved interim charge sheet against suspect namely Muhammad Yar son of Sultan Mahmood, owner/ partner of...
Oil falls $1 per barrel on Libyan output, Covid-19 demand concerns
NEW YORK: Oil fell roughly $1 a barrel on Friday and headed for a weekly drop on rising Libyan crude...
Gold price decreases Rs350 to Rs115,350 per tola
ISLAMABAD: The price of 24 karat gold decreased by Rs350 on Friday and was traded at Rs115,350 against its price...
Multan IR I&I detects tax evasion of unregistered slanty factory
MULTAN: Federal Board of Revenue (FBR) Inland Revenue (IR) Intelligence and Investigation Multan has detected tax evasion of unregistered manufacturing...
Pakistan to remain on FATF’s grey list for now
PARIS: The Financial Action Task Force (FATF) on Friday announced that Pakistan will continue to remain in its "increased monitoring...
Raoof Hasan appointed SAPM on information
ISLAMABAD: Prime Minister Imran Khan has appointed Raoof Hasan as his Special Assistant on Information and Broadcasting. According to a...
FBR updates rate of penalty for not filing return of income
ISLAMABAD: Federal Board of Revenue (FBR) has updated the rate of fine and penalty for failure to file annual return...
Dr. Sadiqullah Khan’s Hyderabad I&I recovers smuggled cigarettes worth Rs11.72m from Umerkot
HYDERABAD: After specific directions of Abdul Rasheed Shaikh, Director-General Customs Intelligence and Investigation (I&I) Islamabad to adopt zero tolerance policy...
M/s Salman Paper Products moves SHC against detention of consignment
KARACHI: M/s Salman Paper Products Pvt Ltd has approached The Sindh High Court (SHC) and filed a constitutional petition against...
DG Valuation revises customs values of chemicals vide VR No1480/2020
KARACHI: Directorate-General Customs Valuation has determined customs values of chemicals, boric acid, aluminum oxide, chromic acid, barium chloride, sodium meta...
FBR taking steps to bring customs valuation office to Lahore
LAHORE: The Federal Board of Revenue (FBR) is taking steps to bring the customs valuation office to Lahore. A single...
FBR updates tax rate on Sukuks
ISLAMABAD: Federal Board of Revenue (FBR) has updated tax rate on return on investment in Sukuks for the tax year...
Asdaq, Nazia, Ittrat to ensure smooth clearance of spark plugs, bearing & parts sans valuation
LAHORE: Collectorate of Customs Appraisement and Facilitation Dryport Collector Mohsin Rafiq has issued office order to ascertain the role of...
