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FBR reshuffles Customs jurisdictions, expands digital cargo monitoring

FBR adds five steel units to Rs5 electricity sales tax regime

Japan to provide $16.4m grant for flood protection project in Sindh

FWO JV seeks guaranteed dollar-linked tariff for $432m white oil pipeline

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Islamabad

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 extends deadline for integration of leather & textile sectors with FBR till Sept 30

byShahid Minhas

ISLAMABAD Federal Board of Revenue (FBR) has extended the deadline till September 30 for the integration of leather and textile...

Seizure of 21 NDP vehicles: Duty waived by PML-N govt for 3 months for Qatari royal family

ISLAMABAD: The investigation in seizure of 21 non-customs paid luxury vehicles - all belonging to the Qatari royal family -...

No rice container held up at Kenyan port: MOC

byM. Faizan

ISLAMABAD: The Ministry of Commerce & Textile has clarified that no rice containers from Pakistan held up at Kenyan port....

Senate body rejects customs duty reduction on 34 items

ISLAMABAD: The Senate’s Standing Committee on Finance on Tuesday rejected the reduction of customs duty on 34 items as proposed...

Senate body okays 20% import duty on vehicles

ISLAMABAD: Senate Standing Committee on Finance, Revenue and Economic Affairs in its meeting further discussed the amendments in Customs Act...

Tax defaulters will be dealt with iron hands: Asad Umar

byM. Faizan

ISLAMABAD: Federal Minister for Finance and Revenue Asad Umar warned the tax defaulters, tax evaders and non-taxpayers that they will...

ASO seizes Indian-origin tamarind near Kohala Road

byTariq Derya

ISLAMABAD: Customs Anti-Smuggling Organization (ASO) on Monday intercepted a truck carrying Indian-origin hundreds of kilograms of smuggled tamarind (imli) which...

SENATOR FAROOQ HAMID NAEK, CHAIRMAN SENATE STANDING COMMITTEE ON FINANCE, REVENUE, ECONOMIC AFFAIRS PRESIDING OVER A MEETING OF THE COMMITTEE AT PARLIAMENT HOUSE, ISLAMABAD ON SEPTEMBER 24, 2018.

Readjustment of GST on raw material giving benefits to local industry

byM. Faizan

ISLAMABAD: The Senate Committee on Finance was briefed by Finance Minister Asad Umar that intention behind readjustment of customs and...

Restructuring FBR: Govt considering proposal to establish Economics Intelligence Unit

byShahid Minhas

ISLAMABAD: Federal government is reviewing a proposal to establish a Directorate General of Economics Intelligence Unit (EIU) in order to...

Custom recovers 21 luxury vehicles in Rawalpindi

RAWALPINDI: The custom officials took 21 luxury vehicles into their custody after a raid on a compound which is owned...

Purchase of properties, vehicles: Govt may reconsider lifting of ban on non-filers, says Asad

24/09/2018

ISLAMABAD: Federal Finance Minister Asad Umar has said that the government can reconsider the budget proposal of lifting ban on...

PLL deducts Rs500m CD from regasification charges of PGPC’s LNG terminal

ISLAMABAD: Following a decision of the honourable court, Pakistan LNG Limited (PLL) has deducted Rs500 million customs duty from the...

FBR to extend deadline for filing tax returns till Oct 30

ISLAMABAD: The Federal Board of Revenue has decided to extend the deadline to submit income tax returns. Sources in the...

Import of 607 items: RD levy to take effect from next day of President’s assent

ISLAMABAD: The imposition/increase in regulatory duty on the import of 607 items would be applicable from the next day of...

FBR empowers IR to monitor tobacco industry to curb tax evasion

ISLAMABAD: The Federal Board of Revenue (FBR), through SRO 1149(I)/2018, has empowered Inland Revenue officers to monitor tobacco industry to...

Property, vehicle purchase ban on non-filers was violation of Article 23: Hammad

KARACHI: Minister of State for Finance Hammad Azhar has said that the ban on non-filers of tax returns to buy...

Govt downward revises revenue collection target to Rs4,390b

ISLAMABAD: Minister of State for Revenue Hammad Azhar has said that the tax collection target has been lowered by Rs45...

IHC suspends Nawaz, Maryam & Safdar sentences in Avenfield case