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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
PNSC to grab 40% share of total national cargo transportation by 2020
ISLAMABAD: Pakistan National Shipping Corporation is determined to grab 40% share of total cargo transportation by 2020. Presently, total 80%...
FBR scrutinizing data of K-electric over tax evasion of Rs 111 billion
KARACHI: The Federal Board of Revenue (FBR) has started scrutinizing the tax record filed by K-electric. The authorities are conducting...
Customs Quetta confiscates smuggled items worth Rs35m in different raids
KARACHI: The Customs Intelligence Quetta has confiscated smuggled items worth Rs 35 million during different raids in Mastung and Dasht....
IHC orders telecom companies, LDIs to pay withholding tax
ISLAMABAD: The Islamabad High Court (IHC) on Thursday directed telecom companies and Long Distance Calling (LDIs) operators to pay withholding...
FBR planning to bring unregistered traders into tax net
ISLAMABAD: The Federal Board of Revenue (FBR) is considering getting the voters lists made for conducting elections of markets, from...
FBR defines categories of e-filers
ISLAMABAD: The Federal Board of Revenue (FBR) has publicly announced the categories of e-filers who must use electronic system to...
Sialkot ASO seizes four bags of smuggled black tea
SIALKOT: The Customs Anti-Smuggling Organization (ASO) has seized smuggled black tea during an action. As per details, Sialkot ASO raided the...
Court remands PIA’s employee involved in smuggling to Customs custody
KARACHI: The Special Court of Customs Taxation and Anti-Smuggling on Thursday remanded an employee of Pakistan International Airlines (PIA) to seven-day...
LTBA seeks extension in filing of income tax returns until December 31
LAHORE: The Lahore Tax Bar Association (LTBA) has sought extension in date of filing income tax returns up to December...
Customs Court to announce verdict of gold smuggling case on December 15
KARACHI: The judgment in a long drawn gold smuggling case has been deferred for the fifth time. The Special Court...
Customs Court imposes penalty of Rs 100,000 on diesel smuggler
KARACHI: The Special Court of Customs Taxation and Anti-Smuggling has imposed a penalty of Rs 100, 000 on a suspect...
Exemption of tax: SHC seeks documents from Iqra University on busway system
KARACHI: The Sindh High Court (SHC) on Thursday gave the Iqra University time to place on record certain documents, substantiating...
Multan Custom earns Rs 5.2m through auction
MULTAN: The Model Customs Collectorate has earned Rs 5.2 million through auction of non-duty paid vehicles and other goods here...
Govt, traders to hold talks on WHT issue today
ISLAMABAD: The special committee formed by the federal government on withholding tax issue will hold negotiations with traders representatives today....
Federal govt to increase regulatory duty on 313 imported items
ISLAMABAD: The federal Government has decided to increased regulatory duty on 313 imported items and will issue a Statutory Regulatory Order...
Mamnoon Hussain stresses to increase GDP growth rate to 7%, fix tax for unorganized sector
FAISALABAD: President of Pakistan Mamnoon Hussain has proposed fixed tax for unorganized sector, allocating primary education exclusively for women, enhanced...
Govt to impose new taxes to overcome shortfall of Rs 40 billion
ISLAMABAD: The federal government has approved the imposition of Rs 40 billion new taxes, it has learnt. According to details,...
Import of vehicles doubles in first four months of FY 2015-16
ISLAMABAD: The import of used vehicles has been increased twice in the first four months (July to October) of the current...
Custom Adjudication DC issued ONO In favour of customs ASO Faisalabad
FAISALABAD: Customs adjudication Faisalabad Deputy Collector Asma Hameed has issued an Order in Original (ONO) in favour of the Customs...
Sialkot FIA arrests two suspected human traffickers
SIALKOT: The Federal Investigation Agency (FIA) has arrested two suspected human traffickers, Nayyer Qureshi and Humayun Iqbal, from Sialkot for sending...
