Lahore
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
Lahore refund scam: Probe over, errant taxmen will be punished: FBR chairman
LAHORE: Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial has said the FBR has completed inquiry against the tax...
LHC challenges DG Customs I&I’s suspension authority under whistleblower law
LAHORE: The Lahore High Court (LHC) took up a significant legal question concerning the suspension of a Federal Board of...
Lahore I&I’s ‘successful’ anti-smuggling operations spark backlash
LAHORE: Directorate of Customs Intelligence & Investigation (I&I), Lahore out-performance is an indication that the Diretorate is strictly following the...
FBR imposes 11pc customs duty on 4G MiFi, mobile WiFi modems import
LAHORE: The Federal Board of Revenue’s (FBR) Customs Classification Committee has ruled that a customs duty of 11% will be...
S.M Tanveer seeks low electricity cost for revival of industrial sector
LAHORE: United Business Group Patron-in-chief S.M. Tanveer has urged the government to take steps to revive the country’s industry. Addressing...
Asian Development Bank calls for abolition of tax exemptions for real estate sector
LAHORE: The Asian Development Bank (ADB) has urged the government of Pakistan to abolish tax exemptions being given to the...
Diamond Paints slapped with Rs5m fine for deceptive marketing
LAHORE: The Competition Commission of Pakistan (CCP) took decisive action against M/s Diamond Paint Industries (Pvt) Ltd., imposing a penalty...
Punjab imposes hefty new tax on salaries
LAHORE: The Punjab government has introduced a professional tax by amending the Punjab Finance Act of 1977, sparking concerns among...
SIFC pushes SBP, FBR to curb grey currency market
LAHORE: The Special Investment Facilitation Council (SIFC) has directed the State Bank of Pakistan (SBP) and the Federal Board of...
Punjab govt approves new property tax formula from Jan 1, 2025
LAHORE: The Punjab Excise, Taxation and Narcotics Control Department (PETSCD) has approved a new property tax formula that will be...
Massive financial irregularities worth billions found in Baitul Maal
LAHORE: Financial irregularities worth billions of rupees have come to light in Pakistan Baitul Maal, as revealed in the latest...
Ignite signs agreement with Netsol Technologies led Consortium to operate NIC Lahore
LAHORE: In a major boost for Pakistan’s burgeoning technology and startup ecosystem, Ignite – National Technology Fund, a company incorporated...
Chinese investors want to invest in electric sector in Punjab
LAHORE: Chinese investors expressed interest in setting up a plant of electric bikes in Punjab. A big group of Chinese...
World Bank to collaborate with Punjab govt to achieve rapid development in various sectors: minister
LAHORE: Punjab Senior Minister Marriyum Aurangzeb has said the World Bank (WB) will collaborate with the Punjab government to achieve...
PM terms FBR Reforms vital to improve tax system
LAHORE: Prime Minister Shehbaz Sharif has said that reforms in the Federal Board of Revenue are of utmost importance to...
PSDF, GIZ sign contract for OJTCs in textile industry
LAHORE: Punjab Skills Development Fund (PSDF) and the German Agency for International Cooperation (GIZ) signed a contract for establishing, enhancing,...
FBR Chairman Amjad Tiwana’s tenure cut short amid controversy
LAHORE: Federal Board of Revenue (FBR) Chairman Amjad Zubair Tiwana will continue in his role for only 15 more days...
Acquisition of German conglomerate, CCP’s approval for market integration
LAHORE: The Competition Commission of Pakistan (CCP) has approved a significant merger in the steel industry with international implications. The...
Gain tax not to apply on properties purchased before July 1, 2024
LAHORE: The Federal Board of Revenue (FBR) has announced that the concept of holding period has been eliminated for immovable...
FBR allows 100pc tax credit for Sindh coal mining projects
LAHORE: The Federal Board of Revenue (FBR) has granted a 100% tax credit to individuals and entities engaged in coal...
