Islamabad

IMF approves $1.2bn loan tranche for Pakistan

byCT Report

Pakistan likely to receive $1.2b IMF tranche as board meets today

FCC declares Section 7E Property Tax unconstitutional, strikes down levy nationwide

Pakistan, Saudi Arabia explore oil refinery upgrades, energy cooperation

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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

ANF confiscates 128kg drugs, apprehends 15 peddlers

14/07/2015

ISLAMABAD: The Anti-Narcotics Force (ANF) has arrested 15 drug peddlers, besides seizing 128kg drugs valued at Rs 296 million in...

Government increases tax rate on cigarettes

14/07/2015

ISLAMABAD: The Federal Board of Revenue has increased the tax rate on cigarettes. According to details, the Federal Board of...

Money laundering scam: Case against Ayyan to be heard after Eid holidays

ISLAMABAD: The court proceedings against super model Ayyan Ali could not be held, as Ayyan Ali's defense council Sardar Khurram...

Court awards jail terms, fine to drug smugglers in different cases

ISLAMABAD: The Special Court of Anti-Narcotics Rawalpindi has sent four accused persons to jail after finding them guilty of drug...

Punjab govt assigns Rs 25b revenue target to Excise, Taxation Department

ISLAMABAD: Government of Punjab has assigned Rs 25 billion target to Excise and Taxation Department for the fiscal year 2015-16....

Customs Islamabad seizes smuggled goods worth Rs 3.9b in FY 2014-15

ISLAMABAD: Directorate General Intelligence and Investigation of Islamabad Customs has seized smuggled goods worth Rs 3.9 billion and arrested 184...

President signs ordinance to halve withholding tax rate

byCustoms Today Report

12/07/2015

ISLAMABAD: President Mamnoon Hussain has signed an ordinance to halve the withholding tax rate valued at over Rs50,000 for a...

Absconding Smart Zone directors acquire pre-arrest bail

ISLAMABAD: Two absconding directors, nominated in the TCS and Smart Zone smuggling case, have obtained pre-arrest bail from the Islamabad...

Banks to give details of WHT collection from account holders to FBR

ISLAMABAD: After settlement of long delayed matter, the banks will provide the details of all accounts from which withholding tax...

FBR raises sales tax rate on import of mobile sets

ISLAMABAD: The Federal Board of Revenue (FBR) has increased sales tax rate on mobile phones and advised the authority concerned...

Customs Islamabad seizes smuggled goods worth Rs 264m in June

ISLAMABAD: Directorate-General Intelligence and Investigation Islamabad has seized Rs 264 million smuggled goods and arrested 7 accused while 108 cases...

ANF foils bid to smuggle heroin to Dubai

ISLAMABAD: Anti-Narcotic Force has foiled an attempt of smuggling heroin to Dubai at Benazir Bhutto International Airport Islamabad and arrested...

Excise Rawalpindi seizes smuggled items worth Rs 1.66m

ISLAMABAD: Directorate General Intelligence and Investigation Rawalpindi seized Rs 1.66 million of smuggled goods during operation. According details, Directorate General...

Court awards death sentence to drugs smuggler

ISLAMABAD: Special Court of Anti-Narcotics Rawalpindi has awarded capital punishment and Rs 200,000 fine to smuggler Noor Muhammad who was...

Islamabad Customs exceeds target by 45pc, collects Rs 15b in FY2014-15

Collector Zeba says collectorate mark historic achievement ISLAMABAD: Showing exceptional performance, the Model Customs Collectorate Islamabad (MCCI) has surpassed tax...

Govt declares tax numbers mandatory to open commercial bank accounts

ISLAMABAD: Government has declared it mandatory for all importers, exporters, traders and industrialists to submit their national tax numbers while...

Excise Rawalpindi enhances tax rate on goods, passengers transport ‏

ISLAMABAD: Rawalpindi Excise and Taxation has increased income tax rate on goods and passengers transport vehicles. Meanwhile, the department also...

Haroon assumes charge of Special Assistant to PM on Revenue

ISLAMABAD: Mr. Haroon Khan has assumed the charge of Special Assistant to Prime Minister for Revenue at Federal Board of...

Dar forms body to resolve issue of withholding tax on banking transactions

byCT Report

09/07/2015

ISLAMABAD: Federal Finance Ishaq Dar held a meeting with representatives of traders and business community from all over the country...

Customs authorities conducting raids to arrest TCS/Smartzone directors