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
Toffees, confectioneries to be assessed at revised value
KARACHI: To ensure precise assessment of customs duty, the Directorate General of Customs Valuation through a ruling issued under section...
Forex reserves to touch $20b within 3 years: Dar
KARACHI: The PML-N government is vigorously pursuing its manifesto to steering the country out of the prevailing crises through the...
FBR does not have authentic data of non-taxpayers: Tariq Bajwa
KARACHI: Federal Board of Revenue (FBR) does not have any authentic and verified data of non-taxpayers. This was stated by...
Exports shoot up, import bill comes down: SBP annual report
KARACHI: Exports have shot up and import bill has come down, while tax net remained restricted to the few being taxed...
Customs value for textile lining material revised
KARACHI: Directorate General of Customs Valuation Karachi has announced new customs value on import of textille lining material from China....
Release of stuck-up imported vehicles to generate Rs3b revenue
KARACHI: About 1,000 imported vehicles are stuck at port as Pakistan Customs is yet to clear them since November 2013....
Jewellery, gems export declines
KARACHI: Pakistan’s export of jewellery in the current fiscal year has fallen by over 77 percent which is $201.336 million...
Attempt of drugs smuggling thwarted at Karachi airport
KARACHI: Pakistan Customs Drug Enforcement Cell at Jinnah International Airport thwarted an attempt to smuggle 3200 grams of heroin out of Pakistan...
Transporters irritated over road users’ tax suggestions
KARACHI: Transporters have showed discontent over the recommendation that road users’ tax shall be collected through additional levies on CNG,...
Unisame showers govt with praise
KARACHI: The Union of Small and Medium Enterprises (Unisame) has appreciated the Finance Ministry decision on shifting payments against exports...
Remittances up by $1.5b
KARACHI: Remittances by overseas Pakistanis have registered a growth of 9.46 per cent over the previous fiscal year. $7.79 billion...
Rajpar stresses revival of shipping industry on war footing basis
KARACHI: The Pakistan Ship’s Agents Association (PSAA) strongly backs enhanced bilateral trade with India as it is imperative for the...
Shortage of manpower in PRAL hinders WeBOC modifications
KARACHI: The Directorate of Reforms and Automation has completed the planning of the Land Customs Station, Afghan Transit Trade (ATT)...
MCC-Appraisement (West) detects 16 cases of tax evasion in Dec
KARACHI: The Research and Development (R&D) section of Model Customs Collectorate (MCC) Appraisement (West) has detected 16 cases of mis-declaration,...
Revenue leakage: DGI&I-IR to deal strictly with ship-breakers, gold importers
KARACHI: Syed Ijaz Hussain, Director General of Intelligence and Investigation, Inland Revenue (IR) has decided to deal strictly with ship-breakers,...
Rs9b scam: FBR out to lasso guilty firms
KARACHI: Against the backdrop of Rs9 billion sale tax refund scam, the Federal Board of Revenue (FBR) has launched a...
MCC-Appraisement (East) detects 266 cases of tax evasion
KARACHI: The Research & Development (R&D) section and Examination department of the Model Customs Collectorate (MCC) of Appraisement (East) has...
Privatization of state-owned enterprises vital for boosting economy: Chairman PSAA
KARACHI: Chairman Pakistan Ships’ Agents Association (PSAA) Muhammed A. Rajpar said that it was imperative to privatize state-owned enterprises in...
Slash in ST on fabric imports; govt violates commitment with IMF
KARACHI: The Federal Board of Revenue (FBR) issued statutory regulatory orders (SRO), reducing sales tax to three percent from five...
Efforts on to make WeBOC amendments soon: Tanveer Ahmad
KARACHI: The entire team of Web Based One Customs (WeBOC) is working tirelessly in order to complete amendments in WeBOC,...
