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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
Bangladesh authorities seize illegally imported medicines
DHAKA: A shipment of illegally imported medicines worth around Tk 50 lakh was seized from a cargo service office in...
Iran to receive Czech trade delegation next week
TEHRAN: A trade delegation, comprised of representative of 48 companies from the Czech Republic, will arrive Iran on September 4...
Iran to export petrochem products to Asia, Europe
TEHRAN: Presently, exporting petrochemical products to Asia and Europe is the first priority, said Mehdi Sharifi Niknafs, managing director of...
Taiwan stocks higher at end, Taiwan Weighted gains 1.94%
TAIPEI: Taiwan stocks were higher after the close on Monday, as gains in the Glass, Trading & Consumer Goods and...
Russia’s GDP down 4.6% in July 2015
MOSCOW: Russia’s GDP dropped 4.6% in July 2015 but was up 0.1% net of the season factor, Ministry of Economic...
China listed companies combined profit grows 8.7% in H1 profit
SHANGHAI: Combined first-half profit of China's listed companies grew 8.66 percent from a year earlier, the official Shanghai Securities News...
Youku Tudou reveneu jumps 58% to $244.3m in 2Q
BEIJING: Youku Tudou, mainland China’s leading online video services provider, saw efforts to diversify its business pay off after posting...
MNC Media revenue jumps by 84% in H1
BEIJING: Australian listed MNC Media Investment Ltd ("MNCMI" or "the Group"), a provider of media and entertainment content and services...
China inks agreement with EEU to share customs information
BEIJING: Countries of the Eurasian Economic Union and China will exchange customs information with regard to goods in transit. The...
China to export jack-up platform to Mexico
BEIJING: A Chinese firm will export a domestically developed gas compression jack-up platform to Mexico in early September. With a...
China Construction Bank profit swells 0.97% to $20.66bn in H1
BEIJING: China Construction Bank, one of China's major state-owned banks, on Sunday reported a 0.97 percent year-on-year increase in net...
FBR collects Rs 183b in August, Member Shahid Asad says department doing its best to collect revenue
IR-Policy Member Shahid Asad urges business community to pay taxes honestly for making Pakistan prosperous ISLAMABAD: Despite facing resistance from...
Ministry of Ports & Shipping cancels 350 illegal appointments in PQA, KPT
KARACHI: The Ministry of Ports and Shipping has cancelled the illegal appointments of more than 350 employees in the Port...
Collector Sarfraz vows to achieve Rs 45 billion target for FY2015-16
MULTAN: The Model Customs Collectorate (MCC) Multan has been assigned Rs 45.357 billion revenue collection target for the fiscal year 2015-16,...
FBR Chairman Tariq Bajwa asked to halt promotion of eight corrupt officers
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Tariq Bajwa has been asked to remove the names of eight corrupt officials...
Self-assessment scheme for taxpayers remains unsuccessful: Asad
ISLAMABAD: Federal Board of Revenue (FBR) Inland Revenue-Policy (IR-Policy) Member Shahid Hussain Asad has termed self-assessment scheme for taxpayers unsuccessful...
SHC dismisses importer’s plea for getting 15pc sales tax exemption
KARACHI: The Sindh High Court (SHC) has dismissed a petition against Pakistan Customs for denying the petitioner benefit of SRO...
Additional tax on service sector harming economy
LAHORE: The government must reconsider 8 percent withholding tax on turnover of the services sector having 53 percent share in GDP...
Customs recovers smuggled goods worth Rs 15m
KARACHI: The Directorate General of Intelligence and Investigation-FBR Customs Enforcement has recovered smuggled goods worth Rs 15 million from a...
FBR, World Bank negotiations on tax administration reforms conclude
World Bank spending Rs 20 million to develop databank for FBR ISLAMABAD: Dialogues between the Federal Board of Revenue (FBR)...
