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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 railway builds US railcar plant
BEIJING: A subsidiary of the world's largest railcar maker in China - the China Railway Rolling Stock Corp Ltd -...
China-Russia investment fund targets more deals
BEIJING: The Russia-China Investment Fund, a private equity fund formed by the Russian Direct Investment Fund and China Investment Corporation,...
China inks energy deals with Russia
BEIJING: China and Russia signed nearly 30 cooperation documents including a series of energy deals on during Russian President Vladimir...
Yuan depreciation to boost investment
BEIJING: Far from deterring outbound Chinese property investment, leading international realty professionals expect the yuan's depreciation to actually increase industry...
Saudi Ministry extends exemption of Customs duties for industries
RIYADH: The Ministry of Commerce and Industry has extended the period of exemption of customs duties from six to 12...
Saudi Arabia’s PMI rises to 58.7 points in Aug
RIYADH: Growth in Saudi Arabia’s non-oil private sector rose to a five-month high in August, buoyed by the impact of...
PIFFA, ACAAP call off strike after govt agrees to resolve tax issue in a week
KARACHI: The Pakistan International Freight Forwarders Association (PIFFA) and Air Cargo Agents Association of Pakistan (ACAAP) have ended their strike after...
FTO initiates process to address maximum complaints
ISLAMABAD: The Federal Tax Ombudsman (FTO) has initiated a process to address maximum complaints and provide relief to the complainants. At...
China’s BYD to export 10,000 vehicles to Sudan
BEIJING: Warren Buffett-backed Chinese carmaker BYD Co Ltd said here the other day that it has inked a deal to...
Gul Rehman’s Post Clearance Directorate detects Rs 153.028m evasion of taxes in August
KARACHI: While upholding its commitment to detect and highlight the tax evaders in the country, the Customs Directorate of Post...
Hyderabad ASO seizes items worth Rs 28m in August 2015
ASO impounds vehicles worth Rs 9m, Iranian diesel worth Rs 4.2 in a month HYDERABAD: The Model Customs Collectorate Hyderabad’s...
China plans to cut import-export fees
BEIJING: China is planning to cut more import-export fees in a bid to buoy its sinking foreign trade. The government...
Central Region collects Rs 12 billion customs duty from July to September
LAHORE: The Customs Central Region has collected Rs 12 billion as customs duty during the first two months -- from July...
KICT allegedly evades Rs 7.73 million taxes, duties
KARACHI: While continuing the habit of evading taxes and duties, the Karachi International Containers Terminal (KICT) Limited evaded at least...
China’s CRRC overseas revenue swells by 61.2% in H1
BEIJING: The world's largest train builder, China's CRRC Corporation, has posted a 6.85% increase in profit "attributable to the owner"...
Customs accelerates efforts to arrest absconding accused in Rs 25b gold, currency smuggling case
ISLAMABAD: The Pakistan Customs officials have expedited efforts to arrest an absconding accused in gold and currency smuggling valued at...
Special Judge Syed Faiz adjourns 500 tola gold smuggling case till October 12
KARACHI: The Special Court of Customs Taxation and Anti-Smuggling on Friday adjourned the 500 tola gold smuggling case till October...
Customs court rejects bail plea of three suspects in 34 tons of poppy seed smuggling
KARACHI: The Special Court of Customs Taxation and Anti-Smuggling on Friday rejected the bail applications of three accused persons who...
Traders must participate in country’s development, avoid strikes: Shahid Asad
ISLAMABAD: Inland Revenue-Policy Senior Member and Federal Board of Revenue Spokesperson Shahid Hussain Asad has said that traders must pay...
SHC restrains customs from auctioning of impounded vehicle
KARACHI: The Sindh High Court (SHC) on Friday barred the Pakistan Customs from auctioning a vehicle till further orders. A...
