Karachi
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
Customs Court approves post arrest bail in betel nuts smuggling case
KARACHI: The Customs Court granted post arrest bail to suspect namely Abdul Rasheed, who was confined in Central Jail Karachi...
SBP reduces cash reserve requirements against FE-25 Deposits
KARACHI: The State Bank of Pakistan (SBP) has decided to reduce the Special Cash Reserve Requirement from 15% to 10%...
SHC directs to release consignment of M/s Kalsoom Int’l on bank guarantee
KARACHI: The Sindh High Court (SHC) directed customs officials to release consignment of petitioner comprising citric acid monohydrate/ anhydrous on...
FPCCI demands to waive-off additional duty & panel surcharge on warehoused of goods
KARACHI: The Chairman of the Standing Committee on Customs of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI),...
SRB extends date for filing sales tax return up to April 30
KARACHI: Sindh Revenue Board (SRB) extended the last date for filing sales tax returns for the month of March up...
Customs Court directs to arrest suspects booked in contraband goods smuggling
KARACHI: The Customs Court directed investigation officer to arrest owner/ financer/ abettors/ associates who were involved in a case of...
ASO impounds huge quantity of contraband goods worth more than Rs43m
KARACHI: Collectorate of Customs Preventive Anti Smuggling Organization (ASO) apprehended huge quantity of smuggled goods worth millions of rupees in...
SBP awards licence to International Industries to operate in North America
KARACHI: The Board of Directors and management of International Industries Limited (IIL) have announced that the State Bank of Pakistan...
Shipping Alert! Maersk shipments en route may not reach Pakistan in case of blocking of user ID
KARACHI: Shipping company Maersk shipments en route may not reach Pakistan in case of blocking of its user ID by...
NAB Karachi Director Hafeez Siddiqui recovers Rs 16b from PAF, Maxim Group in mega corruption case
KARACHI: PAF management and their JV Partner Ch Tanvir Builder of Maxim Group have surrendered before NAB investigation and agreed...
Director of M/s Hamdard Packet files acquittal petition in sales tax evasion
KARACHI: Humayun Aslam, director of M/s Hamdard Packet Pvt Ltd has approached the customs court and moved petition under section...
FPCCI VP Khurram Aijaz rebukes shipping lines for not giving relief on detention charges
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) lambasted shipping lines for not giving any relief to...
Regulatory restrictions under gift, baggage schemes drop car imports: SBP
KARACHI: The State Bank of Pakistan (SBP) has said that the regulatory restrictions on car imports under the gift and...
SBP expands incentive scheme for exchange companies to promote home remittances
KARACHI: State Bank of Pakistan (SBP) on Wednesday expanded incentive scheme for exchange companies for promoting home remittances through formal...
Funds available in PD account of traders can be utilized for upfront payment of duty, taxes: KCAA
KARACHI: Karachi Customs Agents Association (KCAA) announced that due to hard work and assiduous efforts of KCAA, a long outstanding...
Director I&I Irfan Javed seizes smuggled goods worth Rs39m from Super Parcel Goods train
KARACHI: Directorate of Customs Intelligence and Investigation (I&I) team recovered huge quantity of smuggled goods which were being transported from...
Current account deficit contracts to six-year low: SBP
KARACHI: The current account deficit contracted to a six-year low, foreign exchange reserves increased, the primary budget recorded a surplus....
Customs Court approves charge sheet against M/s Mashallah Steel and others
KARACHI: The Customs Court approved charge sheet against suspect namely Aurangzeb Hashmi, owner of M/s Mashallah Steel and others, who...
Proprietor of M/s Hamdan Trading files acquittal petition in tax evasion case
KARACHI: Hayatullah, proprietor of M/s Hamdan Trading approached the Customs Court and moved petition under section 265-K CR.PC for acquittal,...
SHC summons details of actions taken against profiteers by provincial govt
KARACHI: The Sindh High Court (SHC) summoned details of actions taken against profiteers by the provincial government, concerned departments and...
