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
Michael announces to upgrade Marine Academy to university
KARACHI: Federal Minister for Ports and Shipping Kamran Michael has announced the up-gradation of Pakistan Marine Academy (PMA) to a...
Misuse of concessions: FBR halts ST exemption to export goods manufacturers
KARACHI: The facility of zero-rating on gas supply extended to 52 companies, manufacturing export goods and registered with the Regional...
Customs fixes new value of betel nut
KARACHI: To assess duty accurately, the Customs Valuation Directorate General, under Section 25-A of the Customs Act, 1969, has fixed...
Chief Collector directs officials to step up efforts to increase revenue
KARACHI: A series of meetings were held at the office of Chief Collector-Appraisement (South) in recent days soon after the...
Trade bodies concerned over working scenario in collectorates
KARACHI: The trade bodies including importers and Customs agents have expressed deep concern over the current working scenario in all...
Forex reserves increase by $431 million
KARACHI: The country's liquid forex reserves posted an increase of $431 million during last week, mainly due to inflows of...
FBR tightens the noose around under-reported real estate businesses
KARACHI: Federal Board of Revenue is considering forced acquisition of properties where under-reporting against fair market value is detected and...
MCC Gwadar shows exceptional growth in tax collection
ISLAMABAD: Model Customs Collectorate (MCC) Gwadar has made tax collection of Rs 8.4 billion during first half of the current...
Rs18,773,388m FED on edible oils recovered till end of Dec
KARACHI: The Research and Development (R&D) Section of Model Customs Collectorate MCC-Appraisement (East) has collected an amount of Rs18,773,388 million...
MCC Port Qasim collects Rs108,517m in 2nd quarter
KARACHI: The Model Customs Collectorate (MCC) Bin Qasim Port failed, for the second consecutive quarter, to achieve the targeted revenue...
Import of edible oils: Customs blows the lid off huge tax evasion
KARACHI: Pakistan Customs has blew the lid off of a tax evasion scam in the import of edible oils, causing...
DCAs in Customs House Karachi to launch protest
KARACHI: Data Controlling Assistants (DCAs) in Computer Bureau Department, Customs House Karachi are going to launch a protest against non-compliance...
Land for transshipment hub: PIFFA, Bahria varsity sign MoU
KARACHI: A Memorandum of Understanding (MoU) in order to allot a piece of land for constructing transshipment hub in Karachi,...
Corporate tax: KTBA seeks extension in date of filing returns
KARACHI: Karachi Tax Bar Association (KTBA) has urged Federal Board of Revenue to extend the last date for filing of...
Export consignments held with fake exemption documents
KARACHI: Pakistan Customs has seized consignments of export goods with fake exemption documents at a green channel facility according to...
26th installment under IMF’s SBA repaid
KARACHI: Pakistan has paid the 26th installment to the International Monetary Fund under the Stand-By Arrangement (SBA) facility worth $109...
Significant decrease in smuggling activities in Dec: AC Wasif Malik
KARACHI: There is a significant decrease in the smuggling activities carried out from other parts of the country to Karachi...
Suspects of ISAF containers case get bail
KARACHI: Six persons arrested on Dec 7 for allegedly stealing ISAF containers at a private yard at Port Qasim, have...
Transforming Pakistan into a transshipment hub vital for growth: Chairman PIFFA
KARACHI: Transforming Pakistan into a transshipment hub is imperative for growth and development of the country. This was stated by...
VRs of coated paper, milk for infants and confectionery items issued
KARACHI: The Directorate of Customs Valuation Department has issued three more valuation rulings, numbered 623, 624 and 625 under Section...
