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
Finance Ministry all set for amending FERA Act, repealing EPFO
ISLAMABAD: The Ministry of Finance has made full preparations to introduce Bill to amend the Foreign Exchange Regulation Act, 1947....
Mobile phone companies deposit Rs162,149m GST in five years
ISLAMABAD: Mobile phone companies have deposited Rs 162,149 million on account of GST during the last five years. Cellular companies...
Iranian POL products smuggling into Pakistan continues, FBR tells Senate
ISLAMABAD: Despite hectic efforts and introduction different strategies, the smuggling of petroleum, oil and lubricants (POL) products into Pakistan through...
Tax evasion: FBR to seize accounts, property of 16 PAT leaders
ISLAMABAD: The Federal Board of Revenue (FBR) has decided to take stern action against 16 leaders of Pakistan Awami Tehreek...
Job undone: Dar to face IMF next week
ISLAMABAD: Pakistan’s economic team lead by Finance Minister Ishaq Dar is likely to face criticism by International Monetary Fund (IMF)...
Parleys for $200b stashed in Swiss banks in the offing
ISLAMABAD: Finance Minister Ishaq Dar said talks to bring back $200 billion “what he said” belonging to Pakistan and stashed...
Senate seeks FIA to report on tax evasion in oil import
ISLAMABAD:Senate Standing Committee on Planning and Development has asked Director General Federal Investigation Agency to submit a report on adulterated...
FBR, PTA to keep record of imported mobiles
ISLAMABAD: Federal Board of Revenue has decided to take necessary steps as per the instructions of honourable Supreme Court in...
Advance tax on air tickets: Foreign missions get exemption
ISLAMABAD - The Federal Board of Revenue (FBR) has exempted foreign diplomats/ missions in Pakistan from advance income tax on...
Efforts, claims to broaden tax net fail to produce
ISLAMABAD: The government, despite tall claims, failed to broaden tax base by bringing in wealthy non-taxpayers into the tax net...
FBR’s eid gift:120,000 notices issued to potential taxpayers
ISLAMABAD: More than 120,000 initial notices (under section 114 of the Income Tax Ordinance 2001) have been issued – based...
Missing documents: Customs holds liquor of Aussie High Commissioner
ISLAMABAD: Islamabad Dry Port Assistant Collector has refused to clear a container of liquors imported for Australian High Commissioner, held...
TCS smuggling scandal: Court extends bail of Hamdani, Shakirullah
ISLAMABAD: Customs court has extended anticipatory bail granted to TCS Chief Executive Saqib Hamdani and Smart Zone Company’s owner Shakirullah...
GSP status boosts textile exports to $13.74b
ISLAMABAD - Textile exports surged to $13.74 billion during previous financial year 2013-2014 mainly because of the GSP Plus status...
Dar keen to bring down potato prices
ISLAMABAD: Finance Minister Senator Ishaq Dar has said that the government has taken all-out steps including allowed duty free import...
Dastgir calls on Bhutan’s Minister for economic affairs
ISLAMABAD: Minister of Commerce, Engineer Khurram Dastgir Khan called on Economic Affairs Minister of Kingdom of Bhutan Lyonpo Norbu Wangchuk,...
Eid holidays: Exchequer likely to suffer Rs25-30b loss
ISLAMABAD: National exchequer may suffer Rs25-30 billion loss due to long holidays of Eid-ul-Fitr. Due to which revenue target of...
Tahirul Qadri tax evasion: FBR to unfold investigations soon
ISLAMABAD: Federal Board of Revenue reportedly completed investigations into Pakistan Awami Tehrik (PAT) chairman Dr Tahirul Qadri’s Rs 770 million...
Seminar held to explain budgetary changes to tax officials
ISLAMABAD: A one-day seminar on “Budgetary changes brought in through Finance Act 2014” was held at Federal Board of Revenue...
FBR seeks Finance Ministry to take ADRS down
ISLAMABAD: The Federal Board of Revenue asked the Finance Ministry to take down Alternative Dispute Resolution System (ADRS) due to...
