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News updates 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
Customs JIAP foils attempt to smuggling heroin worth Rs5.5m
KARACHI: Pakistan Customs staff of Model Customs Collectorate (MCC) Jinnah International Airport (JIAP) posted at International Departure has apprehended accused...
NTC seeks exemption from 8pc turnover tax
ISLAMABAD: National Telecommunication Corporation (NTC) has approached the government, seeking exemption from 8% minimum tax on turnover. The Ministry of...
Govt to set up border markets in border areas with Afghanistan, Iran
ISLAMABAD: The federal government has decided to establish border markets in the border areas with Afghanistan and Iran. In this...
Hyderabad Customs I&I foils various smuggling attempts during November
HYDERABAD: Directorate Customs Intelligence & Investigation impounded smuggled items contraband items, cigarette, gutka, cloths, auto parts scrape, tyres, and other...
FBR will issue procedure to document non-duty paid FMCG
ISLAMABAD: Federal Board of Revenue (FBR) will issue procedure for documenting smuggled and non-duty paid fast moving consumer goods (FMCG)....
M/s Humayun Chemicals approaches SHC against detention of consignment
KARACHI: M/s Humayun Chemicals approached the Sindh High Court (SHC) and filed a petition against detention of its consignment of...
Customs Court awards jail term to proprietor of M/s Famous Computer & Mobile Services
KARACHI: The Customs Court awarded one month imprisonment and fine of Rs200,000 to suspect namely Zeeshan Iqbal, proprietor of M/s...
China working on waiving tariffs on some imports of US soybeans, pork
New Delhi : China is looking to implement tariff waivers on some purchases of soybeans and pork from the US,...
Water tech company Xylem pens agreement to boost Saudi water security
Global water technology company Xylem Inc. has signed a memorandum of understanding (MoU) with the Saudi Arabian General Investment Authority...
Iran imports 14m tons of basic goods since March
TEHRAN : Nearly 14 million tons of basic goods have been cleared through Iran’s customs since the beginning of the...
Pakistan submits report comprising answers to FATF’s remaining 22 action plans
ISLAMABAD: Pakistan submitted a report comprising answers to 22 questions to the Financial Action Task Force (FATF). According to media,...
FBR to start implementation of accord with traders from next week: Shabbar Zaidi
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Shabbar Zaidi has said that FBR will start process of implementation of agreement...
Rs702b recovered from corrupt elements in one year: NAB
ISLAMABAD: In a record achievement, the National Accountability Bureau (NAB) has recovered Rs702 billion looted money from corrupt elements during...
US dollar shows depreciation against the PKR in interbank market
KARACHI: The US dollar (USD) after lingering past the Pakistan Rupee (PKR) in the past month lost its value and...
FBR refunds Rs30b to 554 exporters after canceling debt bonds
ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday refunded Rs30 billion to around 554 entities after canceling debt bonds...
ADB approves loans worth $1.3b for Pakistan
ISLAMABAD: The Asian Development Bank (ADB) on Friday approved two loans totaling $1.3 billion for budgetary support and key reforms...
Govt will facilitate SMEs to improve economy: PM Imran
ISLAMABAD: Prime Minister Imran Khan has said that ‘Kamyab Jawan Programme' is for the youth and the government will facilitate...
All measures will be taken for smooth operation of IRIS system: FTO Mushtaq Sukhera
LAHORE: Pakistan Tax Bar Association (PBA) and Lahore Tax Bar Association (LTBA) office bearers met Federal Tax Ombudsman (FTO) Mushtaq...
M/s Hinopak Motors moves SHC, challenges SRO 670/2019
KARACHI: M/s Hinopak Motors Limited approached the Sindh High Court (SHC) and filed a constitutional petition against imposition of additional...
Customs Court approves physical remand of suspect booked in HSD oil smuggling case
KARACHI: The Customs Court approved physical remand of suspect namely Naseem son of Madam Gul and sent him back to...
