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No under-invoicing found in used vehicles or solar panel imports: NA told

Govt to cut income tax, sales tax exemptions in budget

Jewelers propose simplified income tax regime for jewelry sector

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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

ATIR hears various tax matters during second week of March

20/03/2017

ISLAMABAD: The Appellate Tribunal Inland Revenue held the hearing of tax matters during second week of March, including some remanded...

Chairman FBR holds press moot on important issues today

NA body concerned over shortfall, Dr Irshad says Rs2,046b collected with 7% growth

ISLAMABAD: The National Assembly’s Standing Committee on Finance and Revenue has shown concern over massive shortfall in tax collection during...

25 Customs officers of BS 19-20 transferred

ISLAMABAD: Federal Board of Revenue (FBR) has transferred and posted 25 Pakistan Customs Service officers of BS-19-20. Tausif Ahmad Qureshi...

Govt is doing brilliant job by fencing Pak-Afghan border: Fazle Samad

ISLAMABAD: The government is doing a brilliant job by installing fence to secure the Pak-Afghan border. This work will be...

Preventive Division impounds worth Rs226.665m more goods & vehicles than last year

ISLAMABAD: The Preventive Division of Model Customs Collectorate (MCC) impounded smuggled goods and vehicles with more revenue of Rs226.665million and...

ATIR issues notices to parties in tax matter filed by M/s Wi-Tribe Pakistan Limited

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) has issued notices to parties in a tax matter challenging issuance of a...

FST directs counsels to conclude arguments in cases against FBR

ISLAMABAD: The Federal Service Tribunal on Friday directed the counsels of the complainant to conclude arguments on the next date...

Dar directs FBR to take necessary steps to achieve revenue target

ISLAMABAD: Federal Finance Minister Ishaq Dar has directed the Federal Board of Revenue (FBR) to undertake all necessary efforts to...

FIA issues notices to four cricketers in spot fixing case

ISLAMABAD: Federal Investigation Agency (FIA) has issued notices to cricketers Sharjeel Khan, Nasir Jamshed, Khalid Lateef and Muhammad Irfan for...

FBR starts probe against UBL President for concealing assets

ISLAMABAD: DG Inland Revenue Intelligence and Investigation of Federal Board of Revenue (FBR) the IR has launched an inquiry against...

DG PCA tightens noose around neck of paper construction companies

byM. Faizan

ISLAMABAD: The Directorate General Post Clearance Audit has tightened the noose around the neck of fake and paper construction companies...

IHC issues notice to tax authorities on petition filed by M/s Mobizone Pakistan

ISLAMABAD: Islamabad High Court on Thursday issued notices to Appellate Tribunal Inland Revenue and Federal Board of Revenue in a...

Customs collects Rs172.99m more Customs Duty & Sales Tax than assigned target

ISLAMABAD: The Model Customs Collectorate (MCC) Islamabad generated Rs172.99million surplus Customs Duty and Sales Tax against the assigned target during...

Kohat Auction Cell earns Rs50.34m after imposing duties & surcharges on auctioned goods

ISLAMABAD: The Kohat Auction Cell earned Rs50.34million after imposing all duties and surcharges on the auctioned goods during five months...

FBR seeks complete details of owners having off shore companies in Panama

byM. Faizan

ISLAMABAD: The Federal Board of Revenue (FBR) has sought complete details of off shore companies owned by Pakistani nationals, including...

Customs Appellate Tribunal dismisses reference filed against FBR field offices

ISLAMABAD: Customs Appellate Tribunal dismissed Haq Nawaz's customs reference filed against field office of Federal Board of Revenue for non-prosecution. Customs Appellate Tribunal’s Single Bench...

Customs car cell impounds non-duty paid Toyota Land Cruiser worth Rs 8.3m

byM. Faizan

ISLAMABAD: Directorate General Customs Intelligence and Investigations of the Federal Board of Revenue (FBR) has seized a used Toyota Land...

Dry port entertains 1832 Goods Declarations & processes 1983 dutiable containers

ISLAMABAD: The Islamabad Dry Port (IDP) entertained 1832 Goods Declarations (GDs) and processed 1983 dutiable containers of imported items during...

Customs Intelligence impounds worth Rs102.9m goods & vehicles in February

ISLAMABAD: The Directorate of Customs Intelligence and Investigation (I&I) Peshawar made some big seizures valued Rs102.9million. The I&I Peshawar registered...

Pakistan becomes role model for SAARC nations in eradication of corruption: NAB Chief