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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
Freight forwarders, air cargo agents continue strike against 8% tax on turnover
KARACHI: The freight forwarders and air cargo agents continued their strike for the second consecutive day against 8 percent tax...
Excise completes its property tax survey, issues notices to 129 defaulters
KARACHI: The Excise and Taxation Department has completed its survey in West District, after which owners of a number of...
FBR to investigate source of income of billionaires in Pakistan
LAHORE: Federal Board of Revenue (FBR), starts action against ‘big guns’and wants to investigate that how they become billionaires in...
Japanese investors keen to invest in Pakistan: Envoy
ISLAMABAD: The Japanese companies were taking great interest in Pakistan to invest in various sectors including energy and consumers goods...
DG Excise issues charge sheet against 26 employees of Rawalpindi Motor Branch
LAHORE: The Director General Excise and Taxation has issued charge sheet against 26 employees for their alleged involvement in corruption...
PRA’s Ayesha Ranjha seals 7 fashion outlets for tax evasion
LAHORE: The Punjab Revenue Authority has sealed seven fashion outlets in Gulberg and Defense Housing Authority during different actions. A PRA...
IR Intelligence starts campaign against sale of smuggled cigarettes
ISLAMABAD: The Inland Revenue (IR) Intelligence and Investigation has launched a countrywide campaign against the dealers involved in the sale...
US ports faces a huge pressure due to Vessel size
NEW YORK: The rise of alliances among shipping carriers and industry moves towards post-Panamax and ultra large cargo ships are...
Cosco shipping orders 2 new VLCC worth $92m newbuildings
BEIJING: China’s Cosco (Dalian) has ordered two new 319,000-dwt VLCCs to be built at Dalian COSCO KHI Ship Engineering Co...
Bangladesh police to keep vigil on porous border to prevent smuggling
DHAKA: From Anisur Rahman Dhaka, Bangladesh today asked police and border guards to keep a sharp vigil on its porous...
ECC approves import of another 50,000 MT urea
ISLAMABAD: The Economic Coordination Committee of the Cabinet in its meeting chaired by the Finance Minister, Mohammad Ishaq Dar on...
China to export 44% more oil products in last 7 month of 2015
BEIJING: China's state-owned refiners could export up to 16.9 million mt (869,000 b/d) of refined products over August-December -- 44%...
Chinese customs issues import, export statistics data of July 2015
BEIJING: The Chinese customs authorities have released the export and import statistics for the month of July this year. According...
Chinese chocolate companies profit fall 9.2% in 2Q
BEIJING: Global confectionary companies were once surrounded by the sweet smell of success. But times are changing as major brands...
China’s Changyu plans to take 75% stake in Dicot Partners SL
SHANGHAI: Yantai Changyu Pioneer Wine Company Ltd, a leading winery based in Xinjiang Uygur autonomous region, is planning to take...
Bangladesh foreign exchange reserve rises to $26.18bn in Aug
DHAKA: Bangladesh's foreign exchange reserve hit an all-time high of 26.18 billion U.S. dollars at the end of August, said...
FBR issues alert for taxpayers on bogus emails
ISLAMABAD: Federal Board of Revenue (FBR) Thursday asked the taxpayers to ignore emails being sent to them through a bogus email address....
Russian GDP drop 3.6% in first seven month of 2015
MOSCOW: Russian gross domestic product dropped by 3.6 percent in the first seven months of the year, compared to the...
Saudi minister lauds UAE for foiling smuggling attempts of narcotics networks
RIYADH: Major-General Mansur Al-Turki, Saudi Ministry of Interior Security spokesman, paid tribute to the UAE authorities for their pre-emptive efforts...
Iran agrees to lift ban on rice imports from Pakistan
TEHRAN: Iran has agreed to lift ban on rice import from Pakistan against the backdrop of gradual removal of international...
