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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
Iran organizes APO educational workshop on business youth
TEHRAN: Tehran will host an educational workshop of the Asian Productivity Organization (APO) on youth business. The four-day event will...
Total, French petrochemical to invest in Iranian market
TEHRAN: Iranian Oil Minister Bijan Namdar Zangeneh says France’s energy giant Total, as well as French petrochemical firms have expressed...
Eurozone household real income rises 0.9% in 1Q
BRUSSELS: The eurozone's household income per capita, in real terms, increased by 0.9 percent in the first quarter of 2015,...
Indian oil imports from Saudi Arabia drop 8% in fiscal year 2014-15
NEW DELHI: India has cut crude oil imports from its top supplier Saudi Arabia by over 8 per cent in...
HP announces to suspend production in Russia
PETERSBURG: PC giant Hewlett Packard ( HP) announced its decision to suspend production on the outskirts of Russia's northern capital...
Azerbaijan trade delegation to visit Iran next week
TEHRAN: An economic delegation, headed by Azerbaijan’s Economic Development Minister Shahin Mustafayev, will visit Iran next week, the Iranian ambassador...
Chinese gold import may down 45% this year
BEIJING: China’s gold imports could fall as much as 40% this year as demand for bullion used to back domestic...
Colombian model faces death penalty in China for smuggling drugs
BEIJING: A Colombian model is facing the death penalty after being arrested on suspicion of smuggling drugs in China. Juliana...
China Shenhua Energy net profit drops 45.6% to $1.9b in H1
BEIJING: China Shenhua Energy Co Ltd, the country's largest coal mining group, reported here the other that its net profits...
Computer game sales in China rise 21.9% to $9.7b in H1
BEIJING: Sales of computer games in China hit 60.5 billion yuan ($9.7 billion) during the first half of 2015, a...
China lottery sales increases 5.2% to $30.67b in H1
BEIJING: China's lottery sales grew to around 187.68 billion yuan ($30.67 billion) in the first half of 2015, up 5.2...
Nepal endorses $360m investment from China’s Hongshi Holdings
BEIJING: Nepal has endorsed Foreign Direct Investment (FDI) proposal worth $360 million made by China's Hongshi Holdings Limited to establish...
Revised ‘Advance Tax’ rates on motor vehicles registration, transfer of ownership notified
KARACHI: The Federal Board of Revenue (FBR) has notified revised rates of withholding tax for Section 231-B of the Income...
FBR urged to expedite registration process
LAHORE: The Federal Board of Revenue has been asked to expedite the process regarding the issuance of national tax number...
DG Lutfullah Virk outlines various measures to curb smuggling in FY 2015-16
ISLAMABAD: Directorate General Investigation and Intelligence, Customs has developed advanced strategies to overcome the menace of smuggling in the country...
China’s BYD inks agreement with London to provide zero-emission buses
BEIJING: Chinese automotive company BYD signed a 19 million pound ($30 million) deal here the other day to provide London...
FBR revises advance income tax on vehicles payable with token tax
LAHORE: The Federal board of Revenue (FBR) has ordered to pay advance income tax with the payment of motor vehicle...
Hyderabad ASO confiscates cigarettes, cloth worth Rs 1.2m
HYDERABAD: The Customs Anti-Smuggling Organisation (ASO) Hyderabad has seized 24 cartons of cigarettes and 255 kilograms of cloth worth Rs...
Faisalabad ASO impounds truck worth Rs 2m
FAISALABAD: The Customs Anti-Smuggling Organization (ASO) Faisalabad has impounded a non-duty paid Hino truck worth Rs 2 million in Faisalabad....
17 Customs inspectors transferred in major reshuffle in Sialkot
SIALKOT: As many as 17 senior inspectors of Model Customs Collectorate Sialkot have been transferred and posted at different seats...
