Karachi

Rising investor interest drives sharp increase in registered prize bond holdings amid documentation push

15/05/2026

Pakistan’s foreign exchange reserves rise as SBP releases latest figures

15/05/2026

Pakistan misses investment, savings targets in FY2025-26

15/05/2026

Pakistan set to launch Panda Bond with $250m inaugural issue: Khurram Schehzd

14/05/2026

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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 values for furniture revised

KARACHI: The Directorate General of Customs Valuation has revised the customs value of home and office furniture and parts vide...

Customs Export recovers Rs5.4m during first three week of October

KARACHI: Model Customs Export has recovered Rs5.433 million from the various companies which involved in the tax evasion during first...

SHC bars CBC from collecting water tax

KARACHI: The Sindh High Court (SHC) has barred the Cantonment Board Clifton (CBC) from collecting water tax, ruling that the...

Customs Valuation issues latest values of olives

KARACHI: The Directorate General of Customs Valuation has revised the customs value of olives, falls under HS Code 2005.7000 through...

PCA detects tax evasion of Rs 165,440 by M/s VA International

byAftab Channa

KARACHI: Directorate of Customs’ Post Clearance Audit (PCA) has detected evasion of duties/taxes worth Rs 165,440 by M/s VA International...

Customs Court sends 8 suspects on physical remand

KARACHI: Customs Court Judge Syed Faiz Rasool Rashdi has sent eight suspects on physical remand in a case of attempting...

Verification of tax liabilities, refunds: FBR proposes law to empower NCCPL

KARACHI: Federal Board of Revenue (FBR), through draft amendments into the Income Tax Rule, 2002, has decided to allow the...

PCA detects tax evasion by Warre Wala on import of spray paints

byAftab Channa

KARACHI: The Post Clearance Audit (PCA) has detected evasion of duty/taxes amounting to Rs 386,729 on import of aerosol spray...

Error in Customs’ online clearance system removed

KARACHI: The Customs authorities have removed the error occurred in the computerised clearance system – WeBOC. The processing of goods...

SHC directs customs to file rejoinder in Rs 25m tax evasion case

KARACHI: The Sindh High Court (SHC) directed the custom authorities to file rejoinder on a petition filed by Muhammad Yaseen,...

SHC directs parties to maintain status quo on petition filed by Khurshed Impex

KARACHI: The Sindh High Court (SHC) has directed the parties to maintain status-quo on a constitutional petition filed by Khurshed...

Customs Export issues show cause notice to M/s Bilal Enterprise

KARACHI: The Model Customs Export has issued show cause notice to M/s Bilal Enterprises involved in tax evasion. The Customs...

Sindh Excise seizes 100kg drug

KARACHI: The Sindh Excise and Taxation Department has seized 100-kilogramme drug (bhang) in Khairpur. Accordingly to details, an Excise Department...

Directorate R&A Dr Farid to improve EIF system for convenience of importers

byS. R. Khan

KARACHI: The Directorate of Reforms and Automation (R&A) has decided to bring some changes in newly introduced system i.e. Electronic...

Chief Collector Appraisement South Rashid Shaikh to take strict action against corrupt officials

byS. R. Khan

KARACHI: Chief Collector-Appraisement South Abdul Rashid Shaikh, following the directives of the Federal Board of Revenue (FBR) has decided to...

Two Customs officials shot dead, another wounded in Mastung

QUETTA: Two Pakistan Customs officials were shot dead and another official was critically wounded in Balochistan’s Mastung district on Monday....

Director General Customs Valuation Tanveer Ahmed devises plan to check under-invoicing

KARACHI: Director General Customs Valuation Syed Tanveer Ahmed has devised a plan to check under-invoicing, which is not only causing...

Customs Court issues non-bailable warrants of suspect involved in duty, tax evasion

KARACHI: Custom Court Judge Syed Faiz Rasool has issued non-bailable warrants for an absconding accused, Sajid Hussain, owner of M/S...

Clearance procedure halted as WeBOC stops working

KARACHI: The clearance procedure of import/exported Monday suspended after the Customs Computerised Clearing System, Web Based One Customs (WeBOC), shut...

SHC rejects petition challenging Valuation Ruling No 865/2016