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
91 cases worth Rs1907m still pending in Customs Adjudication
ISLAMABAD: At least 91 cases and contraventions reports are pending in Collectorate of Customs Adjudication worth Rs1907 million since January...
Mini-Budget 2018-19: Govt to increase customs duty on 5000 items, RD on 900 items
ISLAMABAD: The Govt has decided to increase customs duty on more than 5,000 items and regulatory duty on import of...
Asad Umar presents ‘Mini Budget’
Rs5b relief for exporters, duty on 1800cc & above vehicles set at 20%, minimum pension increased to Rs10,000, Duty on...
Taxes on cigarettes, expensive phones and 1800cc & above cars to be increased
ISLAMABAD: Finance Minister Asad Umar announced an increase in taxes on cigarettes, expensive phones and other luxury items while reading...
Non-filers allowed purchase of immovable properties, vehicles
ISLAMABAD: Non-filers of income tax returns have been allowed to purchase immovable properties and vehicles as proposed on Tuesday through...
Rate of WHT on bank transactions increases to 0.6pc for non-filers
ISLAMABAD: Federal Finance Minister Asad Umar said that Pakistan Tehreek-i-Insaf led government had only two priorities as it grapples with...
Difficult decisions need to be taken to strengthen national economy: Asad Umar
KARACHI: Federal Finance Minister Asad Umar presented the amendments in the federal budget announced by the outing PML-N government in...
Federal Cabinet approves proposed amendments to Finance Bill
ISLAMABAD: The federal cabinet has approved the proposed amendments to the finance bill. According to sources, the cabinet has decided...
FBR introduces Special Performance Analysis Form for field formations
ISLAMABAD: Federal Board of Revenue (FBR) has introduced a Special Performance Analysis Form in order to evaluate the monthly performance...
FBR extends period of reduced rate of minimum tax till June 2021
ISLAMABAD: Federal Board of Revenue (FBR) has extended the period of reduced rate of minimum tax for large trading houses...
RITBA demands appointments of judges as commissioner appeals
ISLAMABAD: Rawalpindi-Islamabad Tax Bar Association (RITBA) has demanded the appointment of judges as commissioner appeals in the FBR so that...
FIR application against PIL, Pacific Delta for conspiracy, cheating, criminal breach of trust
KARACHI: Importers have lodged application to register FIR against Pacific International Lines (PIL) and its agents in Pakistan, Pacific Delta...
FBR decides to exempt scholarships from advance tax
ISLAMABAD: Federal Board of Revenue (FBR) has decided that advance tax will not be collected on an amount paid as...
IHC bars FBR from recovering outstanding amount from M/s Fauji Fertilizer Bin Qasim Ltd
ISLAMABAD: A single bench of Islamabad High Court reserved decision on a tax matter filed by M/s Fauji Fertilizer Bin...
FBR officials pledge support to new govt
ISLAMABAD: The Federal Board of Revenue (FBR) officers have adopted a resolution, extending their full and unconditional support to the...
Pak foreign reserves, FDI dropped during two months of FY 2018-19
ISLAMABAD: Pakistan foreign reserves and foreign direct investment (FDI) dropped during last two months. FDI into Pakistan suffers blow in...
Customs Appellate Tribunal settles petition filed by M/s Kohinoor Traders
ISLAMABAD: Customs Appellate Tribunal disposed of a review petition submitted by M/s Kohinoor Trader challenging an announcement of the tribunal...
FBR increases WHT rates on sales of goods for non-filers
ISLAMABAD: Federal Board of Revenue (FRB) has increased withholding tax rates on the sales of goods for non-filers from 7%...
Arrest warrant issued against Ayyan Ali in currency smuggling case
RAWALPINDI: A customs court on Saturday issued bailable arrest warrants for model Ayyan Ali. Ayyan Ali was indicted in a...
Buying mission from China to visit Pakistan soon: Envoy Yao Jing
ISLAMABAD: Chinese Ambassador Yao Jing has said a buying mission from China would soon visit Pakistan which will greatly help...
