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 rescinds SRO 48(I)/2018 ending CD exemption on cotton import
ISLAMABAD: The Federal Board of Revenue has rescinded SRO 48(I)/2018 issued earlier this year, ending exemption of customs duty on...
Customs Appellate Tribunal reserves decision of case filed by M/s Indus Laboratory
ISLAMABAD: A single bench of Customs Appellate Tribunal on Thursday reserved decision on a customs matter submitted by M/S Indus...
FBR withdraws Rs2b from PRA’s bank accounts
ISLAMABAD: The Federal Board of Revenue (FBR) has withdrawn about Rs2 billion from Punjab Revenue Authority’s (PRA) bank accounts. Sources...
FBR nominates 23 focal persons for Tax Amnesty Scheme
ISLAMABAD: Federal Board of Revenue's (FBR) Information Technology Wing has nominated 23 focal persons for the amnesty scheme 2018 nationwide, it is...
SC extends suspension of tax on prepaid mobile cards
ISLAMABAD: The Supreme Court on Thursday extended the suspension period of the exorbitant tax collected on prepaid mobile cards till...
Only 4% of $6b overseas assets declared under tax amnesty scheme
ISLAMABAD: Despite all claims by the tax authority, the amnesty scheme could attract only 4 percent of around $6 billion...
Finance Minister Shamshad Akhtar visits FBR House
ISLAMABAD: Caretaker Finance Minister Shamshad Akhtar visited Federal Board of Revenue (FBR) office on Wednesday. Official sources told Customs Today...
Customs Appellate Tribunal adjourns hearing of references involving DG I&I
ISLAMABAD: Customs Appellate Tribunal on Wednesday dated in office hearing on couple of customs references involving Directorate General of Intelligence...
Collector Adjudication Seema Raza seeks status of stay order granted to M/s Pepsi Cola Int’l Ltd
ISLAMABAD: Collector Customs Adjudication Seema Raza Bukhari directed to replace lawyer who is representing the department in a case of...
CJP, Chairman NAB notice of green channel: FBR admits estimated 10m containers released without scanning & examination
Mobiles, electronics, liquor, cigarettes, banned betel nuts, dangerous explosive chemicals pour into country through green channel ISLAMABAD: Customs Today has been covering...
FBR Member Customs Zahid Khokhar inaugurates Customs Officers Mess-cum-Hostel
ISLAMABAD: Federal Board of Revenue (FBR) Member Customs Zahid Khokhar inaugurated a three-storey building of Customs Officers Mess-cum-Hostel building at...
37 Inland Revenue officers nominated for 24th SMC
ISLAMABAD: The Establishment Division has nominated 37 Inland Revenue Service officers of BS-19 for 24th Senior Management Course (SMC). The...
FBR grants tax exemption to welfare trusts, charity institutions
ISLAMABAD: Federal Board of Revenue (FBR) exempted dozens of welfare trusts and charity institutions from income tax, it is learnt...
FBR collects Rs1.7 trillion as IT at import stage
ISLAMABAD: The Federal Board Revenue collected Rs1.7 trillion as income tax at import stage during the fiscal year 2017-18. The...
FBR requires fresh recruitments to meet revenue collection target
ISLAMABAD: Facing lack of human resource, Federal Board of Revenue (FBR) needs to focus on the fresh recruitment to make up the...
Islamabad Dry Port earns Rs317m CD in June
ISLAMABAD: The Islamabad Dry Port (IDP) earned Rs317 million under the head of customs duty during the month of June...
Vintage, classic cars & jeeps exempted from duty, taxes
ISLAMABAD: Additional Secretary Ministry of Finance, Economic Affairs, Statistics & Revenue Division Muhammad Zahid issued a notification to grant tax...
FBR faces revenue shortfall due to exemptions granted to Chinese companies
ISLAMABAD: Federal Board of Revenue (FBR) faced revenue shortfall due to 100% tax exemption on shipping services to Chinese companies,...
FBR restricts sales of nine goods to unregistered shopkeepers
ISLAMABAD: Federal Board of Revenue (FBR) disallowed sales of nine goods to shopkeepers who are unregistered in the Sales Tax...
FBR’s effective mechanism turned Tax Amnesty Scheme a success story
ISLAMABAD: An effective mechanism devised by the Federal Board of Revenue (FBR) over the years has converted the tax amnesty...
