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
FBR to collect Rs10b additional revenue share transactions
KARACHI: Federal Board of Revenue (FBR) is likely to collect Rs10 billion additional revenue from taxes on shares trading in...
Govt to start refund payments from 10th
KARACHI: The government has decided to start disbursing money against customs rebate and sales tax refunds on July 10. It...
Customs Court grants bail to suspects involved in illegal import of kerosene oil
KARACHI: The Customs Taxation and Anti-Smuggling Court has granted interim pre-arrest bail to suspects, Pervaz Ahmed, Adnan Tariq and others,...
SHC will take up 25 customs & income tax related cases today
KARACHI: The Sindh High Court (SHC) on Monday (today) will take up more than 25 customs and income tax related...
2 meetings scheduled for July 5 to fix Customs values of different items
KARACHI: With the aim to determine customs values of two items, the Directorate General of Customs Valuation has scheduled two...
SHC bars tax dept from taking action against M/s Green Acres Poultry Products
KARACHI: The Sindh High Court (SHC) has directed the tax department not to take any action against the petitioner till...
FY2016-17: SRB achieves Rs78b collection target
KARACHI: Sindh Revenue Board (SRB) has achieved the assigned target of Rs78 billion for the fiscal year 2016-17. In addition,...
SRB suspends registration of 9 non-filers
KARACHI: Sindh Revenue Board (SRB) has suspended registration of nine non-filers of July 2016 to December 2016. The tax profiles...
DG Valuation revises customs values of ball bearings vide VR No 1188/2017
KARACHI: The Directorate General of Customs Valuation has revised the customs values of bearings vide Valuation Ruling No 1188/2017 under...
Customs Port Qasim collects Rs 44.12 billion duty, taxes during June
KARACHI: The Customs Collectorate Port Qasim collected Rs 44.12 billion duty during the month of June and Rs 398 million...
SHC direct Commissioner Inland Revenue Appeals-IV to decide petitioner’s appeal in one month
KARACHI: The Sindh High Court (SHC) has directed Commissioner Inland Revenue Appeals-IV to decide the appeal of petitioner within one...
Horizon Enterprises asked to pay for shifting of consignment
KARACHI: The Model Custom Collectorate of Port Muhammad Bin Qasim asked an importer Horizon Enterprises to pay for shifting of...
SHC issues notices on petition filed by Ismail Industries seeking exemption of WHT
KARACHI: The Sindh High Court (SHC) has issued notices to the tax authorities and deputy attorney general on a constitutional...
Customs Court sends suspect on physical remand in gold smuggling case
KARACHI: Customs Taxation and Anti-Smuggling Court judge Syed Faiz Rasool Rashdi has sent a suspect, Muhammad Saleem, to the customs...
All Customs Collectorates to remain open today to facilitate taxpayers
KARACHI: On the directives of the higher authorities, all the Customs Collectorates will remain open and will observe extended working...
FBR allows manufactures to cut cigarette prices
KARACHI: The Federal Board of Revenue (FBR) has allowed cigarette manufacturers to reduce prices to combat massive duty evasion According...
25% regulatory duty imposed on import of various goods
KARACHI: The Federal Board of Revenue has imposed regulatory duty at 25 percent on import of various goods in order...
FBR Chairman Dr Irshad urges officers to facilitate taxpayers to expand tax net
PESHAWAR: Chairman, Federal Board of Revenue (FBR), Dr. Mohammad Irshad Wednesday said that the new tax laws will have no...
18 Assistant Collectors promoted to Deputy Collectors
KARACHI: Federal Board of Revenue (FBR) has promoted 18 Assistant Collectors to the post of Deputy Collectors (OPS). As per...
SHC bars tax authorities from taking action against M/s Loreal Pakistan
KARACHI: The Sindh High Court (SHC) has restrained the FBR authorities from recovering disputed amount from M/s Loreal Pakistan (Private)...
