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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
China Customs seizes 50 cartons of smuggled cigarettes
SHANGHAI: Recently, Quanhe Office of Hunchun Customs House (affiliated to Changchun Customs District) seized 50 cartons of cigarettes from the...
Qingdao Customs fully launches CAT reform
BEIJING: Since July 27, Qingdao Customs District has fully launched the Centralized Aggregate Taxation (CAT) reform as required by the...
US-Saudi Investment Forum emphasizes on better trade links
JEDDAH: Commerce and Industry Minister Tawfiq Al-Rabiah on Friday described the US as one of the most important trade partners...
Chinese Customs seizes 6360 cell phones, 1574 cell phone accessories, 552 tablet PCs, 49 selenium drums
BEIJING: When exercising control over a consignment of export goods, Luogang Office of Guangzhou Customs District made seizure of 6360...
Iran’s exports to Azerbaijan $12.1m: customs data
TEHRAN: Iran exported $12.1 million worth of goods to Azerbaijan via the suitcase trade during the first five months of...
China Cross-Customs Clearance expedited for foreign trade firms
BEIJING: Recently, a Kunming-based gardening company declared a consignment of lily bulbs imported via Shenzhen Dapeng Port to Liangting control...
Nanjing Customs seizes 100 handbags, 73 pairs of sports shoes
BEIJING: Post Office of Jinling Customs House (affiliated to Nanjing Customs District) seized 100 handbags allegedly infringing upon “Michael Kors”...
Iran’s exports to Europe registers 49.7% increase to $643m in first five months
TEHRAN: Iran's exports to Europe registered a 49.7 percent increase in terms of value year on year and stood at...
Bangladesh soybean exports fall 71.59% in August
KOLKATA: Export of soybean meal during August, 2015 was just 769 tons as compared to 2,778 tons in August, 2014...
Iran to extend ‘peace pipeline’ project to Bangladesh
TEHRAN: Iran is ready to talk extending the “peace pipeline” to Bangladesh in a project which envisages exports of the...
Bangladesh customs seizes 16kg gold at airport
DHAKA: Customs Intelligence officials detained a man and seized gold bars and ornaments weighing around 16 kg at Hazrat Shahjalal...
Dalian Wanda, Suning Commerce sign joint development agreement
BEIJING: Dalian Wanda Commercial Properties Co Ltd and Suning Commerce Group Co Ltd signed a joint development agreement on Sunday,...
Chinese-built dams in Argentina help to boost economy
SHANGHAI: Two Chinese-built dams in southern Argentina are poised to provide not just additional energy, but also a boost to...
China inks currency swap deal $500m with Tajikistan
BEIJING: Tajikistan's central bank said that it had signed a currency swap agreement worth about 3. 2 billion yuan ($500...
Tibet’s GDP surges by 281% to $14.5bn in 50 years
BEIJING: Tibet's GDP soared from 327 million yuan in 1965 to 92.08 billion yuan ($14.5 billion) in 2014, a 281-fold...
Russia to exports 30% of crude oil to Asia by 2020
MOSCOW: Russia expects to send up to 30% of its crude oil exports to Asia as soon as 2020 and...
Saudi customs develops, simplifies customs procedure to transit goods
RIYADH: The Ministry of Commerce and Industry has extended the period of exemption of customs duties from six to 12...
Sound economy backbone for national defence: Shahid Hussain Asad
ISLAMABAD: Federal Board of Revenue (FBR) Member Inland Revenue and spokesman Shahid Hussain Asad has said that there is no...
Chief Collector Zahid Khokhar’s Enforcement-South collects Rs 3.596b customs duty in August 2015
KARACHI: The Model Customs Collectorates Preventive, Hyderabad, Quetta, Gwadar of Enforcement-South Region and Export (Port Muhammad Bin Qasim) have collected...
FTO settles 82,000 tax refund claims involving Rs 5.389 billion in 2014
ISLAMABAD: The Federal Tax Ombudsman (FTO) settled almost 82,000 claims of duty drawback and tax refund involving Rs 5.389 billion...
