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
Real estate sector proposes cut in WHT for filers
KARACHI: Real estate industry has urged the government to reduce withholding tax to one percent from the existing two percent...
FBR freezes 15 accounts of Central Power Purchasing Agency
KARACHI: The Federal Board of Revenue (FBR) froze 15 accounts of Central Power Purchasing Agency. According to the FBR, the...
10-day long goods transporters’ strike ends after causing $1b loss to economy
KARACHI: Karachi Port Trust (KPT) and Port Qasim Authority (PQA) are facing difficult situation after goods transporters announced to end...
Appraisement East arrests NBP assistant manager in pay order theft case
KARACHI: Customs Collectorate Appraisement East has arrested the assistant manager of National Bank of Pakistan (NBP) in Rs 6.4 million...
Customs Preventive seizes non-duty paid Toyota Saloon, registers FIR against suspect
KARACHI: The Customs Collectorate of Preventive has registered the First Information Report (FIR) against a suspect, Khushal Khan, for his...
Customs court accepts interim challan in donkey hides smuggling case
KARACHI: Customs (Taxation & Anti-Smuggling) Court Judge Syed Faiz Rasool Rashdi issued non-bailable warrants for absconders named Muhammad Bilal S/o...
SHC seeks comments from Tax Dept on DFL Corporation’s petition
KARACHI: The Sindh High Court (SHC) issued notices to the Tax Department and Deputy Attorney General of Pakistan and directed...
Budget 2017-18: FPCCI proposes amnesty scheme for retailers
KARACHI: The country’s top body of business community has has proposed an amnesty scheme for retailers and small traders who...
Customs court grants interim pre-arrest bail to car smuggler
KARACHI: Customs (Taxation & Anti-Smuggling) Court Judge Syed Faiz Rasool Rashdi granted an interim pre-arrest bail to accused named Fahad...
FBR urged to withdraw status of Final Tax Regime for commercial importers
KARACHI: Federal Board of Revenue (FBR) has been urged that status of Final Tax Regime (FTR) for commercial importers should...
Tax on imported cotton: SHC’s appellate bench raises issue of jurisdiction
KARACHI: The Sindh High Court raise the issue of jurisdiction and deferred further hearing as counsel for leading appellant sought...
More than 80,000 containers parked at seaports due to transporters strike
KARACHI: The activities at both seaports of the mega city have stopped due to huge backlog of containers. According to...
Customs Preventive impounds non-duty paid Toyota Hilux Surf, registers FIR
KARACHI: The Customs Collectorate of Preventive has registered the First Information Report against Syed Tahir Abbas, for his alleged involvement...
Exporters demand early solution of goods transporters strike affecting Rs 214b transactions
KARACHI: The All Pakistan Exporters Association has requested the Supreme Court to take suo moto notice of the strike of...
Chairman KPT holds high level meeting, discusses transporters strike with stakeholders
KARACHI: Karachi Port Trust (KPT) Chairman Vice Admiral (r) Shafqat Jawed has expressed concern over the pack situation of the...
DG Valuation revises customs values of biscuits vide VR No 1162/2017
KARACHI: The Directorate General of Customs Valuation has revised the customs values of biscuits Valuation Ruling No 1162/2017 under Section...
Park Lane Hospital moves SHC against recovery notices of Rs 102 million
KARACHI: Muhammad Ajmal Siddiqui, proprietor of Park Lane Hospital, has approached the Sindh High Court (SHC), seeking early disposal of...
Fifteen-day prison for smuggler of 350 live tortoises
KARACHI: Customs Taxation & Anti-Smuggling Court Judge Syed Faiz Rasool Rashdi awarded a 15-day imprisonment and Rs50000 fine on accused...
Customs court issues non-bailable warrants for suspect booked in Iranian oil smuggling case
KARACHI: Customs Taxation and Anti-Smuggling Court Judge Syed Faiz Rasool Rashdi has issued non-bailable warrants for accused Azeem S/o Zareen...
Budget 2017-18: FBR ensures selection of audit thru computer balloting
KARACHI: The Federal Board of Revenue (FBR), on Federation of Pakistan Chambers of Commerce and Industry’s (FPCCI) budget proposal, has...
