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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
Customs Lahore staff bid farewell to collector Zahid Khokhar
LAHORE: Employees of Customs Lahore Appraisement bid farewell to the outgoing collector of customs Appraisement Zahid Khokhar at the Lahore...
PCA issues audit observation of Rs 17.4m tax evasion in import of palm olein
KARACHI: The Customs Directorate of Post Clearance Audit (PCA) Karachi has issued an audit observation against M/s Agro Processors and Atmospheric...
Import 151,000 tons of fertilizers in H1: Xinsha Customs releases fertilizers to support spring planting
XINSHA: According to the figures issued by the Customs, in the first quarter of the year 2015, the State-owned enterprises...
Fraudulently import of vehicle: Customs court to announce verdict on Sept 17
KARACHI: The Special Custom and Taxation Court on Wednesday deferred the pronouncement of judgment until September 17 in a case pertaining...
Pakistan, Nepal committed to further enhance trade activities
KATHMANDU: Federal Finance Minister, Mohammad Ishaq Dar arrived here to attend the 7th SAARC Finance Minister’s Meeting scheduled to...
Customs Adjudication issues show cause notice to AD Collection for tax evasion
KARACHI: The Collectorate of Customs Adjudication-I has issued a show cause notice against M/s A D Collection for tax evasion...
Govt asked to devalue currency or withdraw slew of taxes
LAHORE: Pakistan should devalue its currency or withdraw a slew of taxes and surcharges to help industries grow. Pak-China Joint...
Punjab Revenue Authority seals 10 restaurants for non-payment of sales tax
MULTAN: Punjab Revenue Authority has sealed 10 restaurants in Multan during a crackdown against defaulters of sales taxes. The Deputy...
Only favourites get benefits of auctions at Port Qasim: Reports
KARACHI: Reports are circulating that huge irregularities are found during auction process of seized consignments at Port Mohammad Bin Qasim....
ICCI calls on Islamic banks to focus on SMEs development
ISLAMABAD: The Islamabad Chamber of Commerce and Industry, in collaboration with FPCCI Standing Committee on Islamic Banking and Takaful, has...
ANF recovers 2.23kgs of heroin, arrests Norwagen smuggler
ISLAMABAD: The Anti-Narcotics Force has recovered 2.23 kilograms of heroin and arrested a Norwagen citizen. According to details, the ANF...
Levy of regulatory duty on import of cotton yarn termed unjustified
KARACHI: Pakistan Apparel Forum Chairman Javed Balwani has rejected the imposition of regulatory duty on import of cotton yarn. Talking...
Withholding tax will not be withdrawn: Shahid Hussain Asad
ISLAMABAD: The Federal Board of Revenue (FBR) has made it clear to all traders and businessmen that they should become...
Turkish traders to invest in mining, hydel sectors in Pakistan
ANKARA: Turkish Minister for Energy and Natural Resources of Turkey Taner Yildiz during a meeting with a high level delegation...
ASO Sargodha seizes foreign origin cotton cloth
SARGODHA: Anti-Smuggling Organization Sargodha successfully seized 190 kilograms of foreign origin cloth. The market value of this cloth is Rs...
ASO Hyderabad seizes smuggled Iranian diesel worth Rs 9m
HYDERABAD: The Hyderabad Customs Anti-Smuggling Organisation has seized 30,000 liters smuggled Iranian diesel worth Rs 9 million. Sources told Customs...
CPEC a test of Pakistan’s abilities says Humayun Akhtar
ISLAMABAD: China-Pakistan Economic Corridor (CPEC) would test Pakistan’s ability to administer mega-economic ventures proficiently and in transparent manners, said Pakistan’s...
Govt imposes Rs 5,000 air travel tax on pilgrims
ISLAMABAD: The federal government has withdrawn tax exemption on intending pilgrims and has imposed Rs 5,000 tax on each pilgrim. All the field formations and...
Customs Faisalabad seizes Hino truck
FAISALABAD: The Customs Intelligence and Investigations has seized a Hino ranger truck, bearing registration No. AE-0326 model 1997, from Chiniot. The...
Mis-declarations at Peshawar Dry Port causing losses to national kitty
PESHAWAR: Due to negligence of the custom officers at Peshawar Dry Port, certain imported goods including cloths, electronics, cosmetics and...
