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 asks banks to refund excess deduction of WHT on transactions
ISLAMABAD: The Federal Board of Revenue (FBR) has directed the banks to refund or adjust the withholding tax on bank...
Mandviwala to chair meeting to review privatization of K-Electric
ISLAMABAD: Senate Standing Committee on Finance Revenue Economics Affairs Statistics, Privatization has decided to review the privatization procedure of Karachi...
LTUs, RTOs start mentioning bar code on tax notices
ISLAMABAD: Large Taxpayer Unit and Regional Tax Office Islamabad have started mentioning bar code on tax notices under the income...
Govt reduces tax on transfer of vehicle ownership, increases 25% token tax for nor-filers
ISLAMABAD: The federal government has increased annual token tax on vehicles by 25 per cent for non-filers, however, it decreased...
Rawalpindi trade bodies reject revised tax on bank transaction
ISLAMABAD: The Anjuman-e-Tajiran Rawalpindi has rejected the 0.3 percent withholding tax on bank transaction by the government and showed grave...
Money Laundering scam: LHC to hear bail plea of Ayyan Ali today
ISLAMABAD: A divisional bench of the Lahore High Court will hear bail plea of super model Ayyan Ali on July...
ANF confiscates 128kg drugs, apprehends 15 peddlers
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
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
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...
