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
Smuggled Iranian oil causing huge revenue loss
ISLAMABAD: Diesel and petrol smuggled all the way from Iran is causing substantial loss to the national exchequer in the...
Lutfullah Virk assumes charge as Director General I&I-Customs
ISLAMABAD: Lutfullah Virk has assumed the charge as Director General of the Directorate General of Intelligence and Investigation. Federal Board...
Budget proposals: PBC wants FBR to get tougher on unregistered sectors
ISLAMABAD: The Pakistan Business Council (PBC), its pre-budget proposals, has proposed cancellation of Computerised National Identity Cards (CNICs) and passports...
Sequel to MoU: FBR likely to notify ST cross-adjustment today
ISLAMABAD: Following the signing of an MoU, the Federal Board of Revenue is likely to issue a notification on Monday...
Stable Afghanistan vital to economic prosperity: Dar
ISLAMABAD: Federal Finance Ministry Ishaq Dar reiterated Pakistan’s resolve to a strong, stable and peaceful Afghanistan, saying that peace and...
SC verdict: APCNGA seeks e-filing of ST at 17pc
ISLAMABAD: The All-Pakistan CNG Association (APCNGA) appealed to the federal government to provide necessary directives to the FBR to abide...
19pc tax on foam products: FBR clarifies section 3(1A) of ST Act, SRO
ISLAMABAD: The Federal Board of Revenue will charge 19 percent sales tax (17 percent sales tax plus 2 percent extra-tax)...
FBR embarks on drafting budget for 2015
ISLAMABAD: The Federal Board of Revenue has started the process for drafting budget for the next fiscal year (2014-15). In...
Revenue grows by 16pc: FBR collects Rs1.45tr from July to March 21
ISLAMABAD: The Federal Board of Revenue provisionally collected Rs1,453.531 billion from July 1 to March 21 (2013-14) against Rs1,249.938 billion...
Govt to invoke tougher laws for taxation: Shahid Asad
KARACHI: Federal Board of Revenue Official Spokesman Shahid Hussain Asad has said that Prime Minister’s Tax Incentive Scheme has failed...
Aminullah named as DG IST, KPR
PESHAWAR: Former Federal Board of Revenue (FBR) Sardar Aminullah Khan has been appointed as IST Director General of newly-established Khyber...
ECC approves dismantling unserviceable impounded vehicles
ISLAMABAD: Finance Minister Ishaq Dar, while chairing a meeting of Economic Coordination Committee, has approved the proposal of Revenue Division...
Veg, fruit traders want exports under ATT in rupee
PESHAWAR: Rejecting the government decision regarding declaring dollar as currency for exports to Afghanistan, the vegetable and fruit merchants have...
Collection of duties/taxes: Banks to remain open on 29th, 31st
ISLAMABAD: The Federal Board of Revenue (FBR) has announced that authorised branches of State Bank of Pakistan, National Bank of...
Committee disgusted over pace of development at Gwadar port
ISLAMABAD: Senate’s Standing Committee on Ports and Shipping has expressed concerns over delay in the Gwadar’s development projects and warned...
FTO terms delay in refund as maladministration
ISLAMABAD: Federal Tax Ombudsman (FTO) Chaudry Abdur Rauf has ruled that delay in issuance of refunds was tantamount to maladministration...
Dastgir for enhancement of Pak-Bahrain trade ties
ISLAMABAD: Minister for Commerce Khurram Dastgir has invited the business community of Bahrain to take the maximum benefit from the...
Curb on terror financing, money laundering: Finance Bill likely to spell out measures
ISLAMABAD: To effectively curb money laundering and do away with ways of terrorism financing, the government is contemplating introduction of...
Lowering of set revenue target most likely
ISLAMABAD: The finance ministry is likely to revise the targets of revenue collection designed by Federal Board of Revenue, it...
Auto parts sector spared 2pc extra tax
ISLAMABAD: Supplies of auto parts and accessories, tyres and tubes, and storage batteries have been spared 2 per cent extra...
