International Customs
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
Italy has world’s most complex tax system, new study says
ROME: Italy has the world’s most complex tax system, according to the first annual Financial Complexity Index compiled by TMF...
Police grey economy raid nets 100K in cash
HELSINKI: Police have found some 100,000 Euros in cash as part of a series of home searches. More than 7...
SARS ruling clarifies tax treatment of pension fund interest
JOHANNESBURG: The South African Revenue Service (SARS) have issued updated guidance on the taxation of interest on late payment of...
Portuguese banks must shoulder new transactions tax
LISBON: Banks in Portugal will no longer be able to pass a tax on card transactions on to customers, the...
Dockers strike disrupts Spanish ports and trade routes
MADRID: Some of Spain’s biggest port terminals came to a standstill on Monday as shipping companies redirected cargoes to avoid...
Employment, wages on the rise in Poland
WARSAW: More than 33 percent of employers in Poland plan on hiring more staff this year while only five percent...
Taiwanese yields P250m worth of shabu
TAIPEI: uthorities arrested a Taiwanese man for smuggling into the country 50 kilos of “shabu” worth around P250 million which...
Jordan taps into global fertiliser demand
AMMON: In mid-March the country’s sole phosphate producer, state-owned Jordan Phosphate Mines Company (JPMC), announced a sales contract with a...
Spain bans Moroccan sweets from entering Europe
MADRID: Spanish customs authorities have released a list of items, which include special Ramadan candies, that Moroccan travelers will be...
Afghanistan, Tajikistan wrap up economic cooperation meeting
KABUL: The minister of economy Abdul Sattar Murad has said that Tajikistan is willing to expand investments in Afghanistan’s power...
Japan Q1 GDP seen revised up on increased capital expenditure
TOKYO: Japan’s economy was expected to have expanded more quickly in the first quarter than initially estimated, buoyed by gains...
South Korean shipbuilders set to commence recovery in 2017
SEOUL: South Korea’s shipbuilders are expected to recover this year after suffering from a global industry wide slump in 2016,...
Brazilian ethanol exports down sharply in May
BRASILIA: Brazilian ethanol exports tumbled in May, down 35% month on month at 83.6 million liters and down 30% from...
Two held for smuggling forex worth Rs 3.8 million
NEW DELHI: Two men have been arrested from the airport here for allegedly trying to smuggle Rs 3.8 million in...
Project for building oil refinery in Kirkuk approved by oil ministry
BAGHDAD: Permission for building an oil refinery has been given by the Iraqi government in Kirkuk. The project value shall...
UAE, Saudi, Bahrain and Egypt cut ties with Qatar
DOHA: Gulf states on Monday cut diplomatic ties with neighbouring Qatar and kicked it out of a military coalition, less...
Average Gulf gov’t deficit exceeds 11% of GDP amid oil price fall
KUWAIT CITY: Gulf governments collectively registered a budget deficit of more than 11 percent of gross domestic product (GDP) in...
Nepal cabinet okays foreign investment, technology transfer act
KHATMANDU: Foreign investors can now get approval for investments of up to Rs five billion in Nepal from Department of...
Major energy industry protocol signed in Oman
MUSCAT: The 2017 Oman Energy Industry-Academia R&D (research and development) Protocol has been ratified by Oman’s Ministry of Oil and...
PhilExport welcomes exports ‘enhanced VAT refund system’
MANILA: Philippine Exporters Confederation Inc. (PhilExport) has welcomed the inclusion of an “enhanced value-added tax (VAT) refund system” for export...
