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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 Appellate Tribunal dismisses case againt director Customs Intelligence
LAHORE: Customs Appellate Tribunal dismissed a case filed by Salman Ijaz against director Customs Intelligence and Investigation-FBR Lahore due to...
Govt imposes new taxes on different items in Islamabad
ISLAMABAD: Federal government announced to impose new taxes on fruit, meat, flour, eggs and other agricultural products in Islamabad region....
Excise Rawalpindi starts to revise property tax challan forms
ISLAMABAD: Excise and Taxation department Rawalpindi received around 20,000 applications for correction in property tax challans. According to excise department...
Military Police impound 6 vehicles worth Rs 12m on Customs Intelligence’ tip-off
MULTAN: The Border Military Police (BMP) has impounded six vehicles worth Rs 12 million in Sakhi Sarwar, a tribal area...
FBR considering measure to streamline Afghan Transit Trade
ISLAMABAD: Federal Board of Revenue (FBR) authorities are serious considering to implement effective measures to safeguard Afghan Transit Trade. Sources...
PCA detects Rs 3m taxes, duties evasion by Khaliq Enterprise
KARACHI: The Customs’ Directorate of Post Clearance Audit – Karachi has detected evasion of duties and taxes worth around Rs...
ANF seizses 209 tones drugs worth Rs 6.6 billion in first 10 days of Novemebr
KARACHI: The Anti-Narcotics Force (ANF) has recovered over 209 tons of drugs having value of Rs 6.6 billion in international market...
ANF seizes 3.9tn drugs worth Rs6.6b, arrest 3 traffickers
ISLAMABAD: The Anti-Narcotic Force (ANF) has seized Rs6.6 billion worth of drugs, including 1.05 ton amphetamine, 2.87 ton opium, 25.7kg...
Ishaq Dar addresses Global Conference on Islamic Finance
ISLAMABAD: Federal Finance Minster Ishaq Dar attended the High Level Global Conference on Islamic Finance in Kuwait. Federal Minister participated...
Multan ASO confiscates smuggled items, vehicles worth Rs 89m in Oct.
MULTAN: The Customs Anti-Smuggling Organization (ASO) seized smuggled items and vehicles worth Rs 89.17 million during October. According to the...
China’s Tencent Holdings revenue rises 34% to $4.18bn in Q3
BEIJING: Tencent Holdings Ltd, China’s biggest social network and online entertainment firm, beat analyst estimates with a third-quarter revenue rise...
China’s online retail sales to rise $1.6tn in 2020
SHANGHAI: China's online retail sales are expected to rise to 10 trillion yuan ($1.6 trillion) in 2020 with the penetration...
Alibaba sells record $1.6b goods in just 12 minutes
BEIJING: Alibaba saw its gross merchandise volume reach 10 billion yuan ($1.57 billion) within 12 minutes and 28 seconds after...
China’s JD.com to shut down C2C business
BEIJING: China's e-commerce giant JD.com Inc said on Tuesday that it would shut down its customer-to-customer business as of April...
PIA accounts frozen for recovery of Rs2.2b tax amount
KARACHI: The top revenue authority of the country has frozen the bank accounts of Pakistan International Airlines (PIA) for recovery...
Shaukat Ali assumes charge as Director General of IOCO in Karachi
ISLAMABAD: Shaukat Ali, a Pakistan Customs Service officer of BS-21, has assumed the charge of the post of Director General,...
China General Nuclear inks $7.7bn agreement to set up two nuclear reactors in Romania
BEIJING: China General Nuclear Power Group, the country's biggest nuclear power reactor operator, has signed a $7.7 billion agreement to...
China, Africa trade to hit $300bn in 2015
BEIJING: China's trade with African states has grown about ten times in the last decade, with the total value likely...
Chinese exports fall 6.9% YoY in Oct
BEIJING: China's exports in October fell 6.9% year-on-year as imports dropped 18.8%, resulting in a record trade surplus of US$61.64...
Half of Chinese companies’ overseas businesses making a profit
BEIJING: More than half of Chinese companies' overseas businesses are making a profit, while about one-fourth are suffering losses and...
