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
Pakistani rice exporters warn of $3b export shortfall amid new tax regime
LAHORE: Pakistani rice traders have warned the government that their exports may decrease to $2 billion, down from an ambitious...
FTO directs FBR to conduct detailed WHT audit of commerial banks
LAHORE: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to conduct a detailed withholding tax...
Overseas Pakistanis can import vehicle after two years: FTO adviser
LAHORE: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has declared that overseas Pakistanis are entitled to import vehicles under...
Competition tribunal maintains penalty in appeal filed by M/s NFC Employees Cooperative Housing Society
LAHORE: The Competition Appellate Tribunal upheld findings of the Competition Commission of Pakistan (CCP) in the appeal filed by M/s...
Appraisement West detects tax evasion of Rs26.4m by M/s Hadi Industrial Material
LAHORE: Collectorate of Customs Appraisement West detected tax evasion of Rs26.4 million by M/s Hadi Industrial Material. Sources told Customs...
LCCI urges govt to reconsider tax exemption withdrawal on fruit, vegetables
LAHORE: A delegation from the Fruit and Vegetable Association held a meeting with Kashif Anwar, President of the Lahore Chamber...
FBR expands traders’ registration to 42 cities
LAHORE: The Federal Board of Revenue (FBR) has expanded the traders’ registration drive to 42 cities across Pakistan. According to...
FTO Advisor cautions taxpayers of scammers
LAHORE: Taxpayers should not fall prey to scammers, fake websites, non-existent charities, fictitious emails and dummy tax notices and never...
Sialkot Customs achieved the target set by FBR
SIALKOT: Collectorate of Customs Sambrial, Sialkot achieved the revenue target set by the Federal Board of Revenue (FBR) Islamabad for...
Court upholds CCP’s power to conduct inquiry against poultry feed manufacturers
LAHORE: Lahore High Court vide Order dated 29-05-2024 has vacated a stay order that it had earlier granted to four...
Punjab enhances token tax on all vehicles from July 1
LAHORE: The Punjab government has raised the annual token tax for vehicles, starting from July 1st, as part of the...
PRA collects over Rs239b during FY2022-23
LAHORE: Punjab Revenue Authority (PRA) has collected over Rs 239 billion during the Financial Year 2023-24 which is likely to...
FIA summons CEO of Yaseen Shipping Lines as probe started against M/s Zaniq Green
LAHORE: Federal Investigation Agency (FIA) has summoned the Chief Executive Officer (CEO) of Yaseen Shipping Lines as investigations in the...
FBR recovers Rs13.86b from bank accounts of 3 Discos on account of GST
LAHORE: The Federal Board of Revenue (FBR) has recovered Rs13.86 billion from the bank accounts of three power distribution companies...
CDC announces further tariff reduction to facilitate Capital Market Investors
LAHORE: The Central Depository Company of Pakistan Limited (CDC) has completely eliminated the annual maintenance fee for the sub-account holders...
Govt introduces significant overhaul of Customs Act, 1961
LAHORE: The government of Pakistan has introduced a significant overhaul of the Customs Act, 1961. The proposed amendments, outlined in...
Importer of raw material defeats Customs in tax recovery after clearance of goods
LAHORE: An importer of raw material, used in shoes for the manufacturing of sole, has defeated Customs in recovery of...
Sales tax discrepancies: Lahore LTO imposes Rs5.41b penalty on M/s Millat Tractors
LAHORE: Large Taxpayer Office (LTO) Lahore has imposed a penalty of Rs5.41 billion on Millat Tractors Ltd (MTL) over mammoth...
FBR extends deadline for transferring tax cases to appellate tribunal
LAHORE: The Federal Board of Revenue (FBR) has extended the deadline to September 16 for transferring pending cases involving substantial...
Punjab budget 2024-25: Key statistics you must know
LAHORE: The Punjab government has presented a comprehensive budget totalling Rs5,446 billion, with Rs 3,700 billion sourced from the federal...
