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Chinese Customs seizes 57 premium elephant tusks worth £847,500
BEIJING: Customs officials in China yesterday confiscated 57 premium elephant tusks which were illegally smuggled in from Africa in defiance...
China’s Alibaba in talks to buy stake in HK’s English language newspaper
BEIJING: Jack Ma, founder of Chinese Internet giant Alibaba, is in talks to buy a stake in the South China...
Tuniu Corp accepts $500m funding from HNA
BEIJING: Tuniu Corp, one of China’s online tourism giants, said yesterday that it has accepted a US$500 million investment from...
ZTE Corp receives $376m investment from state fund
BEIJING: ZTE Corp said yesterday that it received an investment of 2.4 billion yuan (US$376 million) from a government-backed semiconductor...
China’s coal output drops 3.6% YoY to 3.05 billion tons in January-October
BEIJING: Coal output in China, the world’s largest coal producer, continued to decline in the first 10 months of 2015,...
China to invest $1 trillion overseas in next 5 years: Premier Li
BEIJING: China is likely to invest more than $1 trillion overseas in the next five years, Premier Li Keqiang said...
FBR to adopt new strategy to make shortfall revenue collection soon
ISLAMABAD: The Federal Board of Revenue (FBR), under newly appointed administration, is going to issue new strategy to make up...
DG Customs Valuation determines values of synthetic rubber NBR, SBR
KARACHI: Directorate General of Customs Valuation has determined the customs value of synthetic rubber NBR and SBR vide Valuation Ruling...
FBR transfers US army cargo case from Adjudication Collector Ch Javed to Collector Wasif Memon
KARACHI: The Federal Board of Revenue FBR has transferred the adjudication proceedings of the US army reverse commercial cargo case...
Adjudication Deputy Collector Kaukab Farooq serves notice on tea smuggler
ISLAMABAD: Deputy Collector Customs Adjudication Kaukab Farooq has issued a show cause notice to Yasir Rehman in a tea smuggling...
SHC seeks reply from customs officials on petition seeking release of auto parts
KARACHI: The Sindh High Court (SHC) on Tuesday issued notice to the secretary revenue division and collector Customs Appraisement-East to...
Income tax reference against RTO commissioner dismissed
ISLAMABAD: The Islamabad High Court (IHC) on Tuesday dismissed an income tax reference filed against official of the Regional Tax...
Exports may not be enhanced until removal of non-tariff barriers at home: FPCCI
KARACHI: Research on global trade has identified domestically created non-tariff barriers as the most important element impeding the free flow...
Pilferage of US Army cargo: Judge Faiz Rasool directs accused to cooperate in investigations
KARACHI: The Special Court of Customs Taxation and Anti-Smuggling on Tuesday directed suspects to cooperate in investigation of the cases pertaining...
IHC postpones hearing of references filed against RTO officials
ISLAMABAD: Islamabad High Court (IHC) on Tuesday adjourned hearing of income tax references filed against officials of Regional Tax Office...
Customs Appellate Tribunal reserves decisions of 14 cases
ISLAMABAD: A division bench of the Customs Appellate Tribunal has reserved decisions of 14 cases filed by Customs authorities and...
Multan Excise seizes 251 vehicles during crackdown
MULTAN: The Excise and Taxation Department has impounded 251 vehicles during a general hold up in the city against token...
FIA arrests 66 deportees, 11 human traffickers from Sialkot
SIALKOT: The Federal Investigation Agency (FIA) has taken into custody 66 persons from Sialkot and Lahore airports, which were recently...
Sialkot Excise recovers Rs 5 million from token tax defaulters
SIALKOT: The Excise and Taxation Department has recovered Rs 5 million as token tax from the owners of 821 vehicles...
Exports may not be enhanced until removal of non-tariff barriers at home: Mian Adrees
KARACHI: Research on global trade has identified domestically created non-tariff barriers as the most important element impeding the free flow...
