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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
Lahore RTO vacated as 8.1 magnitude earthquake hits Pakistan
LAHORE: Federal Board of Revenue (FBR) Regional Tax Office (RTO) was vacated by the administration following 8.1 magnitude earthquake that...
Opening of Customs House Eduljee Dinshaw Road project delayed
KARACHI: The inauguration of Eduljee Dinshaw Road project has been delayed as earlier it was scheduled that project would be...
China crude oil stockpile surges 2.38% in Sept
BEIJING: China's commercial crude oil stocks increased 2.38 percent in September over August, while stocks of refined oil products went...
China steel output falls 2.58% in Sept
BEIJING: Prices of steel products retreated in September despite falling output, underlining continued difficulties to digest supplies in the bloated...
Bilateral trade between China, CAN to hit $40.32bn in 2014
BEIJING: Bilateral trade between China and the Andean Community (CAN) reached 40.32 billion U.S. dollars in 2014, up 6.5 percent...
China to help Nepal with 1.3m liters of gasoline
BEIJING: China will provide Nepal with 1.3 million liters of gasoline to help it cope with severe fuel shortages as...
China’s Yantai Xinchao to acquire oil fields in Texas for $1.3bn
BEIJING: A Chinese investment holding company said it has signed a letter of intent to purchase oil fields in Texas...
Iran plans to offer 50% tax exemption to foreign investors
TEHRAN: Iran’s industry, mines, and trade minister Mohammad Reza Nematzadeh said in order to promote exports, a 50 percent tax...
China’s economy growth rate may decrease below 7%
BEIJING: China's economy does not need to grow seven percent this year, Chinese Premier Li Keqiang said late on Saturday,...
Director Saud’s Customs Intelligence seizes items worth Rs 90m in first quarter
LAHORE: Customs Investigation and Intelligence Lahore has seized contraband goods and vehicles worth above Rs 90 million during first quarter...
Dar to announce ‘anti smuggling package’ soon
KARACHI: Federal Finance Minister Senator Ishaq Dar would soon announce the anti smuggling measures under ‘Anti Smuggling Package’ aimed at...
Interaction between govt, trade bodies essential to devise business-friendly policies: Mian Akram
ISLAMABAD: Mian Akram Farid, the vice president of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has said that...
Transshipment containers to be monitored via trackers to avoid pilferage: Zahid Khokar
KARACHI: The Pakistan Customs has decided to install trackers on the containers having Transshipment Permit (TP) for the dry ports,...
Customs Preventive seizes 190,000 liters Iranian diesel from July to October
KARACHI: The Model Customs Collectorate preventive (MCC) Anti-Smuggling has seized 1,90,000 liters Iranian diesel during the period from July to October 15...
Volume of leather Exports decline by $42.5m: PLGMEA
KARACHI: Pakistan Leather Garments Manufacturer and Exporters Association (PLGMEA) Secretary Asif Raheem has said that leather exports slashed by $7.638...
PCG arrests 8 smugglers, seizes hundreds of wine bottles
KARACHI: The Pakistan Coast Guards (PCG) arrested eight smugglers during a raid and confiscated hundreds of wine bottles. According to...
Multan Customs Intelligence clears suspicious truck loaded with scarp
MULTAN: Customs Intelligence and Investigation (CII) Multan region has cleared a suspected truck involved in engine smuggling which earlier had...
FBR collects Rs 119.3b taxes on telecom service subscribers in FY 2014-15
KARACHI: The Federal Board of Revenue (FBR) collected Rs 119.3 billion taxes from telecom services’ users during the Fiscal Year...
Income tax commissioner’s case dismissed due to non-prosecution
ISLAMABAD: The Islamabad High Court (IHC) dismissed case filed by commissioner income tax, Islamabad due to non-prosecution. IHC Division Bench,...
IHC bench adjourns eight FBR cases till November 15
ISLAMABAD: The Islamabad High Court (IHC) has adjourned the hearing of eight cases filed against the Federal Board of Revenue...
