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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
FBR asks Post Office Department to explain levy of extra taxes on filers
ISLAMABAD: The Federal Board of Revenue (FBR) has asked the Post Office Department to explain levy of extra taxes instead...
Excise Punjab recovers Rs 220m excise duty in three months
LAHORE: The Punjab Excise and Taxation Department has recovered Rs 220 million excise duty up to September 28 which is 18...
Collectors, Deputy Collectors resume duty after Eid
ISLAMABAD: Customs House has been re-opened after Eidul Azha holidays and now all officials have started their routine work. Collector, Customs...
ICCI calls for extension in deadline for filing of tax returns
ISLAMABAD: Islamabad Chamber of Commerce and Industry called upon the Federal Board of Revenue to extend the deadline of September...
Customs Quetta seizes smuggled fertilizers worth Rs 12m
KARACHI: The Directorate of Customs Intelligence and Investigation Quetta has confiscated a huge quantity of smuggled fertilizers during a crackdown....
Customs Court adjourns 16 cases on Monday
LAHORE: In the Special Federal Court of Customs Taxation and Anti-Smuggling 16 different cases were scheduled on Monday. No proceeding...
Dubai Customs launches Authorised Economic Operator
DUBAI: Dubai Customs launched the Authorized Economic Operator (AEO), which contributes drastically to the establishing of strategic partnerships that ensure...
China’s industrial profit falls 8.8% in Aug
BEIJING: Profits of China's major industrial firms fell 8.8 percent year on year in August, sharply down from 2.9 percent...
China’s IoT surges 18.46% to $90bn in 2014
NANJING: The value of China's Internet of Things (IoT) industry reached 580 billion yuan ($90 billion) in 2014, a yearly...
China’s Longmay to cut 100,000 coal jobs to reduce its losses
BEIJING: The largest coal mining group in Northeast China is cutting 100,000 jobs within the next three months to reduce...
LinkedIn inks strategic cooperation agreement with Didi Kuaidi
SHANGHAI: LinkedIn, the world's largest professional social network, signed a strategic cooperation agreement here on Saturday with Didi Kuaidi, car...
Bank of China forecasts 7% growth rate in fourth quarter
BEIJING: The Chinese economy will hopefully stabilize in the fourth quarter as government policies continue to take effect, said researchers...
China to lower 12 admin fees to relieve firms, individuals
BEIJING: China's economic planner announced here the other day that it will lower 12 administrative charges, estimating the cuts will...
Chief Collector Rashid Shaikh asks officials to keep offices open for extended time
KARACHI: Chief Collector Appraisement South Abdul Rashid Sheikh has instructed Model Customs Collectorates Appraisement West and East Collectors to ensure...
FBR to conduct audit of 33 official vehicles
ISLAMABAD: An audit team of the Federal Board of Revenue (FBR) will conduct audit of 33 official vehicles being used by...
Hyderabad Customs Intelligence confiscates items worth Rs 4.7m
HYDERABAD: The Customs Investigation and Intelligence’ Field Investigation Unit (FIU) Hyderabad seized smuggled contraband goods and a Toyota Corolla vehicle...
Multan ASO seizes smuggled chocolates worth Rs 500,000
MULTAN: The Customs Anti-Smuggling Organization (ASO) Multan has seized imported chocolates on non-payment of customs duty in an operation. According...
Adjudication-II: Deputy Collector M Aftab orders M/s Iqbal to pay evaded tax on carpet yarn import
KARACHI: The Collectorate of Customs Adjudication-II has issued an Order-in-Original (ONO) against M/s Iqbal and Co Karachi for evading duty/taxes...
’80pc of 712 invested in UAE real estate are non-taxpayers’
ISLAMABAD: As many as 712 people have invested in property projects abroad, while 80 percent of them are non-taxpayers as they...
RTO-II collects Rs 125 million revenue in Q1
LAHORE: The Federal Board of Revenue (FBR), Regional Tax Office- II (RTO-II) has collected Rs 125 million in the first...
