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
Assessment under Section 122: LHC tells FBR to first decide jurisdiction
LAHORE: The Lahore High Court (LHC) while taking a petition, directed the Federal Board of Revenue to decide the question...
FBR seizes Al-Makkah Press bank accounts, recovers Rs 1,235,000 tax
LAHORE: Federal Board of Revenue (FBR) regional office has recovered Rs 1,235,000 tax from bank accounts of Al-Makkah Press (Pvt) Ltd...
ANF Lahore seizes opium, charas, vehicles
LAHORE: Anti Narcotics Force (ANF) Monday recovered huge quantity of opium, charas and seized vehicles. ANF Lahore Road Check Team recovered...
Punjab likely to tax ads display at highways, hostels, guesthouses
LAHORE: The Punjab government is considering taxing display of advertisements at highways hostels, guesthouses and on internet, and reviewing the...
Customs Intelligence confiscates 912 smuggled LED TVs, tyres
LAHORE: Directorate General of Intelligence and Investigation-Customs has seized smuggled items worth millions of rupees while raiding shops and warehouses...
Withdrawal of controversial SRO 351 (1) 2014 lauded
LAHORE: The Lahore Chamber of Commerce & Industry Friday welcomed the government decision to suspend controversial SRO 351 (1) 2014....
FBR to collect Rs530b in two months
LAHORE: Federal Board of Revenue’s Member Inland Revenue Service and Official Spokesman Shahid Hussain Asad had said that FBR has...
Customs court grants bail to six in betel leaves case
LAHORE: Special Judge Customs Tanveer Akbar has granted bail to six accused of customs duty evasion worth millions of rupees...
Zero tax exemption policy suggested
LAHORE: Wholesale Chemist Council Punjab President Akhtar Butt has suggested introduction of zero tax exemption policy in the budget 2014-15....
July-April: Central region customs duty collection up by 9pc
LAHORE: Central region’s customs duty collection has increased by 9 per cent during the period from July to April during...
FBR recovers Rs 30m taxes from re-rolling mills
LAHORE: Federal Board of Revenue regional tax office Wednesday recovered Rs 30 million from Jamal Re-Rolling Mills Badami Bagh. FBR...
FBR seizes Rs17m tax from Sinaco Industries account
LAHORE: Federal Board of Revenue Regional Tax Office has recovered Rs 17,354,394 from account of Sinaco Industries (Pvt) Limited, a...
Punjab to tax big houses, luxury items in budget
LAHORE: The Punjab government will impose a new tax on big houses and luxury items in the next fiscal year,...
Deemed income of taxpayer: Tribunal rules out Section 111 interpretation
LAHORE: The Appellate Tribunal Inland Revenue Lahore ruled out the tax department’s interpretation of Section 111 of the Income Tax...
Amid concerns, SCCI demands SRO 351 withdrawal
SIALKOT: Sialkot Chamber of Commerce and Industry (SCCI) President Dr Sarfraz Bashir expressed great concern on issuance of SRO 351...
Customs violating LHC’s directives
LAHORE: By weighing essential packing in the assessable value of consignments, the Customs Department has been flouting the directives of...
Sugar mills evading tax on steel production
LAHORE:At least 10 sugar mills, which are simultaneously producing steels through their melting units of 5 to 15 million tonnes...
India asks Pakistan to raise LoC trade protocols items from 21 to 40
LAHORE: Indian Government has requested the Pakistani Government to increase the number of items allowed under the Line of Control...
Bringing foreign assets: LHC issues notices to Sharifs, Zardari, others
LAHORE: The Lahore High Court issued notices to the federal government and at least 64 politicians for May 29 in...
ANF Lahore seizes charas, opium, arrests 4
LAHORE: Anti-Narcotics Force has arrested four drug trafickers while seizing opium and charas worth millions of rupees. ANF Lahore arrested...
