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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
Govt should allow private sector to import LNG: United Business Group
LAHORE: The United Business Group (UBG) of the FPCCI has asked the government to allow private sector to import LNG...
Duty exemption on Indian jewellery: LHC admits petition for regular hearing
LAHORE: Justice Khalid Mehmood Khan of the Lahore High Court (LHC) has admitted a petition filed by a citizen Junaid...
Russia: AirBridgeCargo Airlines passes IATA audit
MOSCOW: AirBridgeCargo Airlines (ABC) has successfully passed the audit procedures for compliance with the International Air Transport Association’s Operational Safety...
Govt sets revenue collection target of Rs 3103b for FY 2015-16: Dar
ISLAMABAD: Federal Minister for Finance Ishaq Dar said that all those people who are enjoying luxurious life will have to...
Russia wooden goods exports down 8.18% in Jan-Oct 2015: Customs data
MOSCOW: Export dynamics of the Russian forest industry goods may be characterized as rather satisfactory from the point of view...
Pulkovo Customs seizes smuggled iPhones, iPads worth billions of rubles at airport
MOSCOW: Law enforcement agencies in St. Petersburg have seized a large batch of smuggled cargo from China containing 50,000 Apple...
Iranian expatriate arrested at Doha port for drug smuggling
TEHRAN: An Iranian expatriate was arrested at Doha Port for attempting to smuggle subsidized medicines out of Kuwait. According to...
Saudi anti-narcotics squad foils attempt t smuggle 980,000 amphetamine pills
RIYADH: Saudi anti-narcotics squads have foiled an attempt to smuggle 980,000 amphetamine pills which are used to stimulate the central...
Professional tax record to be computerised to broaden tax net: Mujtaba
LAHORE: Excise and Taxation Minister Mujtaba Shuja-ur-Rehman has said the record of professional tax will be computerized to expand professional...
Chinese thermal coal exports fall down in Oct 2015
BEIJING: Chinese thermal coal exports collapsed in October, falling 32.1% to 7.3 million tonnes. The decline left total imports down...
Senator Nuzhat Sadiq urges FBR to introduce reforms in tax filing system
ISLAMABAD: Senator Nuzhat Sadiq, an active member of the Senate Standing Committee on Finance, Revenue, Economic Affairs, Statistics and Privatization,...
Lahore Customs ASO seizes contraband items worth Rs 184m in five months
LAHORE: The Anti-Smuggling Organization (ASO) of Model Custom Collectorate Preventive, Lahore has seized items worth Rs 184 million during the first...
Customs Intelligence seizes Indian gutka worth Rs 2m
KARACHI: The Custom Intelligence and Investigation seized Indian origin gutka worth Rs 2 million, which was recovered from a truck...
Additional customs duty increases prices of local cars
LAHORE: Local car makers have increased car prices following imposition of additional customs duty on the imported parts. According to...
Customs Appellate Tribunal to announce verdict on four cases on December 23
ISLAMABAD: Customs Appellate Tribunal is likely to announce verdict on four cases on December 23. The judgement was reserved during the...
Rs 40 b taxes on imported items not to affect common man: Dar
LAHORE: Federal Finance Minister Ishaq Dar has said that duties had been imposed on imported and luxury items which were used...
Customs Intelligence confiscates 4 cartons of smuggled medicines
KARACHI: The Custom Intelligence and Investigation seized Indian origin smuggled medicines worth Rs 550,000 during an operation against smuggled cosmetics...
FBR expects number of tax return filers to double after resolution of WHT issue
ISLAMABAD: The Federal Board of Revenue (FBR) expects that the number of filers will double once the issue of withholding tax...
SHC directs customs to release consignments of Anum Traders
KARACHI: The Sindh High Court (SHC) has directed the customs authorities to release the consignment of M/s Anum Traders’ within...
FCCI urges govt to adopt independent economic policies
FAISALABAD: Pakistan is unable to formulate independent economic policies as long as it is in the shackles of International Monitory...
