Islamabad

PM Shehbaz Sharif approves 6-point plan to clear backlog of tax cases

byCT Report

Pakistan set to get fourth IMF tranche under EFF programme: sources

Govt considers cutting taxes on raw materials for locally made vehicles

Pakistan assures IMF to replace 200-unit power subsidy with targeted system

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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

Electronic sector: FBR widens scope of investigation into tax evasion

24/12/2014

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to widen the scope of investigation from electronic sector to other...

Pakistani exports of leather products to cross $2.80b in five years

ISLAMABAD: The Ministry of Commerce (MoC) has high expectations of exports of leather products crossing the figure of $ 2.80...

Black-marketing of Utility Stores sugar resulted in withdrawal of subsidy: Finance Ministry

ISLAMABAD: Black-marketing of sugar supplied to Utility Stores Corporation (USC) was also one of major reasons for withdrawal of subsidy...

Rs 1900b socio-economic plan under PSDP improves less developed areas in 5 years: Finance Ministry

ISLAMABAD: The Finance Ministry has said that an allocation of Rs 1,900 billion under the federal public sector development programme...

Collector Seema issues order-in-original 87/2014 in smuggling case

ISLAMABAD: Collector Customs Adjudication Seema Raza Bukhari has ordered to seize the products of millions of rupees. The products include...

All field offices to remain open on 27th, 31st to collect duties, tax returns: FBR

byCustoms Today Report

22/12/2014

ISLAMABAD: Federal Board of Revenue (FBR) has announced that all field offices will remain open on December 27 (Saturday) from...

NICL buys 10 assets with profits of public money since 1989

22/12/2014

ISLAMABAD: The National Insurance Company Limited (NICL) has bought 10 assets worth Rs 3978.799 million out of proceeds of public...

Collector Adjudication rejects allegations against Universal Gateway Company

20/12/2014

ISLAMABAD: Model Customs Collectorate Additional Collector Adjudication Iram M Amir has rejected the allegations leveled against the Universal Gateway Company...

IMF accepts statistics about Pakistan economy: Finance Ministry

20/12/2014

ISLAMABAD: The International Monetary Fund (IMF) has accepted the statistics presented by the Finance Ministry about state of the Pakistani...

FBR striving for uniform sales tax rate

20/12/2014

ISLAMABAD: The Federal Board of Revenue (FBR) is striving for a uniform rate of sales tax on all commodities and...

Rubina Athar relinquishes charge of DG Customs Valuation

byCustoms Today Report

ISLAMABAD: Federal Board of Revenue (FBR) has issued notifications regarding charge relinquishment/assumption by the Pakistan Customs Service (PCS) and Inland...

Dar to present SBP report on economy in Senate today

ISLAMABAD: Finance Minister Ishaq Dar is going to present the annual report for 2013-2014 of the State Bank of Pakistan (SBP)...

Member Admin Shahid, Chief Admin Iqbal review security arrangements at FBR

ISLAMABAD: The Federal Board of Revenue (FBR) high-ups have reviewed security measures at the FBR Headquarters and directed the departments...

‘No proposal to permit Indian wheat to Afghanistan through land’

Commerce Ministry would take decision with permission of concerned stakeholders ISLAMABAD: The Commerce Ministry has categorically denied...

Court frees TCS and Smart Zone accused on bail

ISLAMABAD: The court has accepted the bails and released Smart Zone Company Chief Executive Shakirullah and TCS Regional Manager Logistic...

Bajwa asks Salman Abbasi to prepare report on less WHT collection on vehicles

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Tariq Bajwa has assigned a task to Member Accounting Ali Salman Abbasi to...

Traders hold prayer service for the departed souls of Peshawar incident

ISLAMABAD: The prayer service was held for the departed souls of Peshawar incident and markets had been closed in the...

Customs court orders two days remand in a smuggling case

18/12/2014

ISLAMABAD: Rawalpindi special judge customs has ordered remand for two days in a smuggling case. The remand was demanded by...

Finance Ministry to use $20 million ADB loan for privatisation and power sector reforms

18/12/2014

ISLAMABAD: The Finance Ministry will use $20 million loan for State-Owned Enterprises Reforms (SOERs) to support privatisation and...

Commerce Ministry holds consultations to eliminate negative list of items with India