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
Record $15.8b remittances in FY13-14
KARACHI: The country received a record $15.83 billion in remittances from overseas Pakistanis in fiscal year 2013-14, an increase of...
Sanguine SBP says economy starts picking up
KARACHI: After many years of low growth, sentiments about the economy seem to have improved, said State Bank of Pakistan...
Nasir Masroor asked to redress traders grievances
KARACHI: The traders in a letter to Chief Collector Appraisement -South Nasir Masroor Ahmed demanded to formulate a committee, comprising...
Customs Collectorate of Enforcement-South seizes goods worth Rs25.242m in 40 days
KARACHI: The Collectorate of Enforcement-South seized smuggled goods worth Rs25.242 million in last 40 days. As per details, the Collectorate...
Importers seek early sales tax adjustment
KARACHI: Importers and business houses are facing hurdles in getting adjustment of sales tax since July 2013 revision of PRAL...
MCC Hyderabad collects Rs769.211m, makes 188 seizures of HSD, tyres, auto parts
HYDERABAD: During Financial Year 2013-14, the Model Customs Collectorate Hyderabad has produced remarkable results in its revenue collection and anti-smuggling...
FBR 2700-acre land a bone of contention between Customs, IRS
KARACHI: The 2700-acre land of Federal Board of Revenue (FBR) located at Mauripur area in West Karachi has become the...
SHC orders to release fabric consignments on US$4.50per kg duty payment
KARACHI: The Sindh High Court (SHC) in its verdict, permitted importers of fabric to cleared their consignments after paying duty...
Sindh E&T exceeds tax collection target
KARACHI: Sindh Minister for Excise and Taxation Mukesh Kumar Chawla has said that the Excise Department has exceeded the targets...
SBP revises export refinance rate to benefit exporters
KARACHI: The State Bank revised Export Finance Scheme to provide more benefits to the exporters who were earlier complaining about...
Customs Adjudication to issue show-cause notices to fabric importers
KARACHI: The Model Customs Collectorate (MCC) of Appraisement (West) while following the directives of Chief Collector-Appraisement (South) Nasir Masroor Ahmed...
MCC-Appraisement (West) re-distributes assignments to ACs, DCs, principal appraisers
KARACHI: The competent authority of Model Customs Collectorate of Appraisement (West) through an Office Order No 100/2014-Esst (AW) has assigned...
Customs value of sauces, salads, dressings, mayonnaise and mustard fixed
KARACHI: The Directorate General of Customs Valuation determined the Customs Values of Sauces, Salads, dressings, Mayonnaise and Mustard (retail and...
Member Customs, Chief Collector urged to take action against ‘corrupt’ officials
KARACHI: The Regional Officer (RO) Jacobabad Muhammad Hafeez Tunio through a letter informed Member Customs-FBR Nisar Muhammad Ali Khan and...
Violation of SRO670: AIB of MCC-Appraisement (West) to investigate 3 more importers
KARACHI: The Appraising Intelligence Branch (AIB) of Model Customs Collectorate (MCC) of Appraisement (West) has decided to extend the ambit...
FBR redistributes work among five ADCs of MCC-Appraisement (West)
KARACHI: The Federal Board of Revenue, Establishment Division through an Office Order No. 99/2014-ESTT (Law) has redistributed work among the...
Implementing DTRE: MCC-Exports yet to take action on IOCO recommendations
KARACHI: The Model Customs Collectorate (MCC) of Exports has not yet taken any action against the recommendations forwarded by the...
Directorate of Reforms to install AIR module in WeBOC
KARACHI: The Directorate of Reforms and Automation (R&A) has started its working on “Air Information Report” (AIR) module in WeBOC,...
Violation of SRO560(I): Customs recovers Rs5m from Chinese cellular company
KARACHI: Pakistan Customs-FBR has recovered an amount of Rs 5million from a Chinese cellular company, which was involved in violating...
Schedule for advance tax collection on cars booking issued
KARACHI: The authorised car dealers have issued schedule for collection of advance income tax, declaring different amounts for both the...
