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
SBP asks banks to facilitate special clearing
KARACHI: The State Bank of Pakistan (SBP) has directed all banks to open their respective branches till such time necessary...
Customs General Order issued for clearance of US/NATO/ISAF cargo by air
KARACHI: Federal Board of Revenue through a Customs General Order (CGO) No.01 of 2014 issued on April 28 has given...
More freight locomotives arrive from China
KARACHI: The second consignment of four railway engines has arrived from China at the West Wharf of Karachi Port Trust....
No remedy in sight: Tyre smuggling depriving national kitty of Rs15b annually
KARACHI: The smuggling of an estimated 2.5 million new and used tyres into Pakistan has been causing a revenue to...
Collector Shahanshah issues 3 ONOs against Green Star Social Marketing, recovers Rs1.5 crore
KARACHI: The Collector Syed Shahanshah Hasnain of the Collectorate of Adjudication-I has issued three Order-in Original (ONOs) containing numbers: 547/2013-14,...
KPT gets new chairman
KARACHI: Vice Admiral Shafqat Jawed has taken charge as Chairman of Karachi Port Trust. He is the 31st Chairman of...
Directorate gears up to add bulk oil, export modules in WeBOC
KARACHI: The Directorate of Reforms and Automation-FBR is gearing up to install the modules including bulk oil and raw materials...
Member Customs due in Karachi today
KARACHI: Member Customs Nisar Muhammad is due in Karachi today (Saturday) on a 2-day visit. Sources informed Customs Today that...
Turnover tax cut: Auto sector seeks incentives
KARACHI: The auto industry has demanded the same treatment which the government is giving to motorcycle dealers, distributors of FMCG,...
PBA demands withdrawal of SRO 561(1)/2012
KARACHI: Pakistan Banks Association (PBA) has proposed the Federal Board of Revenue (FBR) to restore original provision of Advance Income...
PBA budget proposals: Section 165A hurting FBR documentation drive
KARACHI: The Pakistan Banks Association (BPA) termed Section 165A (access to banking information) of the Income Tax Ordinance irritant that...
President KTBA urges govt to finalise tax returns by June 30
KARACHI: The President Karachi Tax Bar Association (KTBA) Muhammad Waseem Hashmi has urged the Finance Ministry to finalize the date...
Director Transit Trade given look after charge of Collector Adjudication-II
KARACHI: Muhammad Javed Ghani (PCS/BS-20) presently posted as Director, Directorate General of Transit Trade, Karachi has been assigned the look after charge of the post of Collector, Collectorate of Customs (Adjudication-II), Karachi during the leave period of Dr. Ahmad Mujtaba Memon.
Rs 65m WHT fraud: Q Mobile official released after assurance of clearing due taxes
KARACHI: Asif Ali Abro Assistant Director Intelligence and Investigation-Inland Revenue, Karachi said that Q Mobile Manager (Operations) Babar Sultan was...
Duty on cotton yarn import: PAF fears fall in value-added textile exports
KARACHI: The Economic Coordination Committee (ECC) decision to withdraw 5 percent duty exemption on import of cotton yarn will cause...
Serious financial anomalies: FBR creates Rs400m tax demand against 16 sugar mills
KARACHI: With detection of serious anomalies in financial ledgers, the Federal Board of Revenue (FBR) has created a tax demand...
Formation of Directorate of Recovery in the offing
KARACHI: The Federal Board of Revenue (FBR) will set up a separate Directorate of Recovery in order to ensure the...
Customs values of Polyester Yarns re-determined
KARACHI: The Directorate General of Customs Valuation has issued Valuation Ruling No.673/2014 in which it re-determined the customs values of...
DI&I-IR ‘arrests’ senior official of QMobile
KARACHI: Directorate of Intelligence and Investigation-Inland Revenue, Karachi has arrested ‘accountant’ of QMobile, a popular cell phone company, confirmed FBR...
CEC issues election schedule of Preventive Service Officers’ Association, Club
KARACHI: The schedule of the upcoming elections of the Preventive Service Officers’ Association and Preventive Service Officers’ Club has been...
