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
Increase in revenue linked to broadening tax base
KARACHI: The government wants to generate more revenue, but it avoids widening tax base that is said to barely cover...
M/s Cosmos tax evasion: Customs court grants bail to clearing agent
KARACHI: The Customs court on Monday granted bail to the importer-cum-clearing agent Abdullah of M/s Cosmos Enterprises, who was allegedly...
Review petition on value of shoe-polish by M/s Osaka Electrical allowed
KARACHI: The Directorate General of Customs Valuation through Order in Revision No.64/2014 has allowed the review petition filed by M/s...
FBR Chairman, Member Customs review revenue operations
KARACHI: The Federal Board of Revenue (FBR) Chairman Tariq Bajwa and Member Customs Nisar Muhammad Ali Khan visited Karachi Customs...
Dollar reaches Rs103.30 as rupee continues to nosedive
KARACHI: The US dollar gained 63 paisa in the inter-bank currency exchange on Monday, reaching Rs 103.30 mark as uncertainty...
KSE drops 352 points amid Imran, Qadri sit-ins
KARACHI: The Karachi Stock Exchange (KSE) 100-index dropped 352.41 points on Monday to stand at 28519.34 points on the first...
Clearing agents dissatisfied with incumbent KCAA body
KARACHI: The clearing agents have expressed their dis-satisfaction over the performance of recent body of Karachi Customs Agents Association (KCAA)....
Imran, Qadri sit-ins: A mixed week for KSE 100-index
KARACHI: A war of nerve between bulls and bears had been continuing at the Karachi Stock Exchange for the entire...
Customs to destroy contraband in 15 containers at PICT
KARACHI: The Collector, Model Customs Collectorate of Appraisement (East) Najeeb-ur-Rehman Abbasi through a public order has given approval to the...
Current Account deficit rises to $454m
KARACHI: The current account deficit of the country rose in the first month of the current fiscal year as compared...
Local market brimming with smuggled Iranian tiles
KARACHI: The local industry has expressed great concern over the heavy influx of Iranian tiles and has urged the government...
American Business Council seeks early end to political crisis
KARACHI: The ongoing political impasse will only add further uncertainty to the future outlook of the businesses, hence a speedy...
Stealing NATO containers: M/s Water Link served final notice
KARACHI: The Collectorate of Customs Adjudication-I has issued final hearing notice to M/s Water Link for presenting its view point...
Appraisement (East) set to start clearance of vehicles through WeBOC
KARACHI: The Model Customs Collectorate-MCC of Appraisement (East) has decided to allow the clearance of vehicles from September 1, 2014...
KSE adds 45.78 points, closes at 28911.03
KARACHI: Karachi Stock Exchange (KSE) 100-index gained 45.78 points to close at 28911.03 points despite the confusion still prevailed in...
Appraisement-East clarifies procedure for prior examination
KARACHI: Model Customs Collectorate (MCC) Appraisement (East) Collector Najeebur Rehman Abbasi, through a public notice no 4/2014 (A), clarified procedure...
Foreign reserves of SBP fall below $9b
KARACHI: Foreign exchange reserves of the State Bank of Pakistan (SBP) have fallen below $9 billion after three months while...
Pak-China Customs data sharing committee declared invalid
KARACHI: The Federal Board of Revenue (FBR), through a letter to Karachi office, has declared a recently formed committee invalid,...
KSE rises by 200 points amid thaw in political impasse
KARACHI: Amid signs of thaw in the prevailing political impasse that have gripped Pakistan for the past one week, stocks...
FBR asked to simplify e-filing of sales tax returns
KARACHI: The Karachi Tax Bar Association (KTBA) has urged the Federal Board of Revenue (FBR) to remove certain flaws from...
