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
Rs450m scam: Customs begins probe into clearance of 1,900 vehicles
KARACHI: The three-member fact-finding committee of the Customs Department has initiated investigation into a scam involving Rs450 million in the...
FBR mulls setting up directorate for broadening tax net
KARACHI: The Federal Board of Revenue (FBR) planned the establishment of a Directorate General Survey and Registration Inland Revenue to...
Pakistan Customs recovers Rs1,026m from cellular companies
KARACHI: Pakistan Customs has recovered a massive amount of Rs1,026 millions from different mobile companies including Digicom Telecommunication, New Allied...
Elections of Preventive Officers Association, Services Club on May 15
KARACHI: Collector Model Customs Collectorate-MCC (Preventive), Syed Muhammad Tariq Huda has announced that elections of the Preventive Services Officers’ Association...
GPA forwards proposals for ten projects to govt
GWADAR: To develop Gwadar Port up to international standards Gwadar Port Authority (GPA) has finalised the proposals while forwarding them...
Show-cause notices issued to high officials of PQA
KARACHI: Ministry of Ports and Shipping has issued show-cause notices to seven Grade-20 officers of Port Qasim Authority. Following the...
ONO issued against M/s Shaikh Tube Mills on mis-declaration; Rs7,764,732 due taxes to be paid
KARACHI: The Collector of Customs, Adjudication-I has issued an Order-in-Original (ONO) No. 520/2013-14 against M/s Shaikh Tube Mills and its...
Importers hail Yahya’s appointment as DG Customs Valuation
KARACHI: Importers, traders and other stakeholders expressed their contentment over the appointment of Muhammad Yahya as Director General (DG) Customs...
Installation of scanners for reverse Afghan cargo in the offing: Javed Ghani
KARACHI: Pakistan has enormous potential for becoming the hub of regional transit trade and Prime Minister’s initiative to build 2,000...
Contract of LNG terminal construction at Port Qasim granted
KARACHI: The contract for construction of LNG terminal at Port Qasim, Karachi, has been granted to Elengy Terminal Pakistan Limited...
Collectorate of Adjudication-I issues 14 ONOs
KARACHI: Customs Collectorate of Adjudication-I has issued 14 Orders-in-Original (ONOs) in four days i.e. from 14 April to 17 April,...
Guideline values of Base Oil reviewed
KARACHI: Customs Valuation Department has reviewed the customs guideline values of different grades Base Oil being used for lubricating and...
Sri Lankan FTA: Exporters call for transparent bidding
KARACHI: Union of Small and Medium Enterprises (Unisame) has invited the attention of Chief Executive of Trade Development Authority of...
SRB bids to up revenue: Payment of outstanding dues exempted from penalty, surcharge
KARACHI: The Sindh Revenue Board (SRB) has notified exemption from penalty amount and 95 percent of default surcharge amount payable...
DGI&I-IR digs deep into suspected money laundering
KARACHI: Directorate General of Intelligence and Investigation (DGI&I) Inland Revenue has launched an investigation into money laundering cases of suspected...
Current account deficit at $2.1b, continues to rise
KARACHI: Total current account deficit at the end of March has risen to $ 2.173 billion as compared $ 1.2...
SBP forex reserves increase by $41m
KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) recorded an increase of Rs 41 million on April...
Grievances of computer dealers: KEDA urges FBR chief to take notice
KARACHI: The Karachi Electronic Dealers Association (KEDA) has drawn attention of the Federal Board of Revenue (FBR) chairman to the...
Edible oil import: RTO seeks exemption certificate to avoid WHT
KARACHI: The Regional Tax Office-II (RTO) Karachi has issued notices to ghee and cooking oil units for submission of certificates...
APMSIDA demands revision of valuation ruling of motorcycle spare parts
KARACHI: Senior Vice Chairman, All Pakistan Motorcycle Spare Parts Importers and Dealers Association (APMSIDA), Khurram Riaz has expressed his strong...
