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
M/s Liberty Power Tech moves SHC against forced recovery of disputed amount
KARACHI: M/s Liberty Power Tech Ltd approached the Sindh High Court (SHC) challenging the impugned notice for forced recovery of...
Customs to auction vehicles, goods on June 10
KARACHI: Gwadar Model Customs Collectorate will hold auction of vehicles and seized goods on June 10, 2017 at Gaddani. As...
Appraisement-West lodges FIR against Dua Enterprises and others
KARACHI: Customs Appraisement West has lodged an FIR against M/s Dua Enterprises, M/s Friends Logistics and others for attempting to...
Gwadar Customs foils bid to smuggle huge quantity of Iranian diesel
KARACHI: Customs Collectorate Gwadar team has foiled an attempt to smuggle huge quantity of Iranian diesel and arrested the accused....
Mis-declaration: Port Qasim Customs confiscates eight used Hino trucks
KARACHI: Port Qasim Customs has confiscated eight used Hino trucks, which were cleared through a clearing agent by mis-declaring the...
SHC restrains Tax Dept from forced recovery from 12 petitioners till next hearing
KARACHI: The Sindh High Court (SHC) issued notices to the Tax Department and deputy attorney general and restrained the tax...
FBR imposes advance tax on sales of batteries
KARACHI: Realizing the huge undocumented sales of batteries in the country, the Federal Board of Revenue (FBR) has imposed advance...
Gwadar Customs finds huge quantity of drug worth Rs11.8m
GWADAR: The Customs authorities have found a huge quantity of drugs worth Rs11.8 million concealed under the mud. Gwadar Collector...
FBR allows tax credit for four years in stock exchange
KARACHI: Federal Board of Revenue (FBR) has allowed tax credit for four years to new enlistment in the stock exchange....
FBR allows tax allowance on edu expenses to individual having Rs1.5m income
KARACHI: Federal Board of Revenue (FBR) has enhanced limit for individual’s taxable income for allowing deduction allowance on education expenses....
Finance Bill 2017: Income tax collected on fertilizer import brought into FTR
KARACHI: The advance income tax collected on import of fertilizer has been proposed to bring under Final Tax Regime (FTR)....
DG Valuation revises customs value of USB data traveler/USB flash drive/memory card
KARACHI: The Directorate General of Customs Valuation has revised the customs values of USB Data Traveler/USB Flash Drive /Memory Card...
Appraisement East registers FIR against illegal removal of pay-order worth Rs 2,266,383
KARACHI: The Customs Collectorate of Appraisement (East) has registered First Information Report against illegal removal of pay-order in the Securities...
Chief Collector given power to review suspended WeBOC user ID
KARACHI: The chief collector has been given power under Finance Bill 2017 to annul, modify or confirm the order passed...
DG Valuation revises customs values of cooking range hood/ chimney
KARACHI: The Directorate General of Customs Valuation has revised the customs values of cooking range hood/chimney vide Valuation Ruling No...
Customs Appellate Tribunal rejects Valuation Ruling No 840/2016
KARACHI: A special bench of the Customs Appellate Tribunal has set aside impugned Valuation Ruling No 840/2016 dated 21/4/2016 and...
Customs court seeks progress report from IO against owners of offshore co
KARACHI: Custom Court Judge Syed Faiz Rasool Rashdi sought a progress report from investigation officer and adjourned the case for...
SHC seeks comments from Tax Dept against levy of further sales tax on zero rated supplies
KARACHI: Sindh High Court (SHC) issued notices to the tax department and deputy attorney general and directed them to file...
DG Valuation revises customs values of baby diapers, sanitary towels
KARACHI: The Directorate General of Customs Valuation has revised the customs values of baby diapers and sanitary towels/ napkins and...
Govt continues zero-rate sales tax for export sector
ISLAMABAD: Finance Minister Senator Mohammad Ishaq Dar has announced to continue zero-rate sales tax for export sector in fiscal year...
