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
SHC directs tax authorities to decide appeal of M/s Tapal Tea within 45 days
KARACHI: The Sindh High Court (SHC) has directed the tax appellate authority to decide the pending appeal of the M/s...
PCA imposes penalty of Rs 0.84m on M/s Shabbir Traders due to mis-declaration
KARACHI: Directorate of Post Clearance Audit (PCA) directed M/s Shabbir Traders to deposit short payment of Rs 4.7 million with...
FBR issues notices to four companies for tax evasion
KARACHI: The Federal Board of Revenue (FBR) has issued notices to four companies in Site area for depositing less amount...
PCA Directorate detects Rs 289.58m tax evasion, duties in May 2016
KARACHI: While upholding its commitment to detect and highlight the tax evaders in the country, the Customs Directorate of Post...
Customs Appraisement-West collects Rs 26.9b taxes, duties in May
KARACHI: The Customs Collectorate Appraisement-West has collected Rs 26,927 billion taxes/duties under various heads during the month of May 2016....
Chief Collector Abdul Rashid wants targets achieved at all costs
KARACHI: With just a month in hand, Appraisement-South Chief Collector Abdul Rashid Sheikh has ordered field formations to utilise all...
Customs Appraisement-East collects Rs 23.9b in May
KARACHI: The Model Customs Collectorate Appraisement-East collected Rs 23.936 billion in wake of duty/taxes during May of the current fiscal...
Director Wasif Memon revises customs values of toilet soap
KARACHI: The Directorate of Customs Valuation, Director Wasif Memon has revised customs values of toilet soap vide Valuation Ruling No.863/2016....
DG Customs Valuation revises customs values of PVC sheet
KARACHI: The Directorate General of Customs Valuation has revised the customs values of PVC transparent, clear flexible/printed sheet vide Valuation...
SHC will hear 60 customs, income tax related cases today
KARACHI: The Sindh High Court (SHC) will take up 60 cases related to custom and income tax issues today (Friday)....
FBR to introduce Form-I from next financial year
KARACHI: As working on Form-I entered into final phase; the Federal Board of Revenue (FBR) has decided to implement the...
Gwadar Customs foils bids to smuggle drugs, Iranian diesel
KARACHI: The Model Customs Collectorate, Gwadar, has foiled attempts to smuggle drugs and Iranian diesel during in separate actions. Following...
FBR suggests imposition of anti-dumping duty on imported tiles
KARACHI: The Federal Board of Revenue (FBR) is mulling over to impose anti-dumping duty on import of tiles, it is...
SHC again lifts ban on model Ayyan’s foreign travel, but suspends its own order for 7 days
KARACHI: The Sindh High Court (SHC) on Thursday once again ordered the Ministry of Interior to remove Model Ayyan Ali's...
KTBA to organize ‘Post-Budget Seminar’ on June 6
KARACHI: The Karachi Tax Bar Association (KTBA) is going to hold a ‘Post-Budget Seminar-2016,’ on June 6, 2016 at Crystal...
Customs Court will hear 18 cases today
KARACHI: The Special Court of Customs, Taxation and Anti-Smuggling will take up 18 cases related to custom matters today (Friday)....
Provinces authorized to levy duty on services: SHC
KARACHI: While nullifying the imposition of the federal excise duty on the services, the Sindh High Court (SHC) ruled on...
Quetta Customs seizes contraband items worth Rs 96.8m
KARACHI: Quetta Customs Intelligence and Investigation has seized contraband items worth Rs 96.8 million during different raids in May. Customs...
RTO-I recovers Rs 11.2m from three companies
KARACHI: The Regional Tax Office-I (RTO-I) of the Federal Board of Revenue (FBR) has collected an amount of Rs 1.2...
RTO-III collects Rs56456m during the month of May
KARACHI: Regional Tax Office-III (RTO-III) recovered a revenue of Rs56456 million during the month of May. This collection is Rs243million...
