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
FBR Chairman, Member Customs hold marathon session of meetings with customs officials
KARACHI: Federal Board of Revenue Chairman Tariq Bajwa and Member Customs Nisar Muhammad have held a series of meetings with...
Bajwa seeks speedy recovery against fake ST refunds
KARACHI: Federal Board of Revenue Chairman Tariq Bajwa has directed officers of Inland Revenue Services (IRS) to make sure that...
Absence of link between depts depriving exporters of refunds
KARACHI: The absence of an electronic link between the provincial sales tax departments and the Federal Board of Revenue (FBR)...
Used vehicles import halves
KARACHI: Import of used cars has fallen to 4,974 units in the first half of the current fiscal year as...
Authorities yet to recover Rs76m in tax evasion
KARACHI: The constant delay in bringing a private aviation company to the book for evading huge amount in taxes and...
Forex reserves rise by $267m
KARACHI: Pakistan forex reserves have registered an increase of $267.6 million during the last week. According to the State Bank...
Testing of ATT modules in WeBOC to be completed till Jan 31
KARACHI: All commercial imports of Afghan Transit Trade (ATT) and retrograde/reverse cargo modules have been installed in Web Based One...
Auto dealers concerned over tax notices
KARACHI: Federal Board of Revenue has started serving notices to the auto dealers to deposit two per cent additional tax...
New value for CCTV & mini cameras import from China, HK issued
KARACHI: The Directorate General of Customs Valuation issued a valuation ruling for assessment of duty on the import of CCTV...
Value for Chinese formic acid refixed
KARACHI: To reflect the current prices prevailing in the international market, Directorate General of Customs Valuation has fixed $0.90-98 per...
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...
