Latest News
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
PCA detects tax evasion by Ahsan Feed Mills of Gujranwala
KARACHI: Stopping the revenue leakage, the Directorate of Post Clearance Audit (PCA), customs has detected that Rs 540,000 was evaded...
SWMC purchases Rs 25 million machinery for cleanliness
SIALKOT: The Sialkot Waste Management Company (SWMC) has purchased new machinery worth Rs 25 million for improving the cleanliness situation...
FBR collects 5.2pc less revenue during July-March of FY2015: SBP
LAHORE: The State Bank of Pakistan stated in third quarterly repost that Federal Board of Revenue (FBR) has collected 5.2...
FBR to issue notices to 55,000 tax defaulters
ISLAMABAD: The Federal Board of Revenue (FBR) has decided to issue notices to 55,000 tax defaulters. In another move, the...
APCA members offer Eid prayers on Mall Road
LAHORE: All Pakistan Clerks Association (APCA) observed a protest against the government even on Eid days and offered Eidul Fitr...
Federal Revenue Alliance warns members against anti-union campaign
MULTAN: The Federal Revenue Alliance has warned their members against union activities in the various Regional Tax Offices in the...
Customs, Inland officials asked to submit details of personal assets
LAHORE: The Federal Board of Revenue (FBR) has asked Customs Service and Inland Revenue officers to submit details of their...
Traders announce countrywide strike against WHT from August
LAHORE: Protests against withholding tax imposed by the federal government continue and now traders are getting ready to plan another...
Work on pipeline launched to import LNG from China
ISLAMABAD: Pakistan has started construction work on a 700-kilometer pipeline to import liquefied natural gas from China, Minister for Petroleum...
Gold prices fall to new record low
KARACHI: The price of yellow metal in the local market dropped to a new record low on Tuesday, in line...
India shows concern after Pakistan’s JF-17 export order
KARACHI: Pakistan’s first export order of the JF-17 ‘Thunder’ fighter aircraft at the first day of the International Paris Air...
“BRICS” bank launches in Shanghai, to work with AIIB
SHANGHAI: Officials from the world’s largest emerging nations launched the New Development Bank (NDB) on Tuesday, the second of two...
Pakistan struggling to avoid mango export bans in EU
KARACHI: For the second year in a row, Pakistan is still struggling to avoid a possible ban on its fresh...
Russia’s VTB bank offers to buy Eurobonds worth $2b
MOSCOW: Russia's second-largest bank VTB on Thursday offered investors to buy back Eurobonds worth around $2 billion, saying the move...
Russia inks deal to invest $242m in infrastructure projects
MOSCOW: Russian Prime Minister Dmitry Medvedev has signed an order giving 13.8 billion rubles ($242 million) in state subsidies to...
Russian MICEX up 0.69% to close at 1.340 pts
MOSCOW: Russia stocks were higher after the close on Thursday, as gains in the Manufacturing, Telecoms and Oil & Gas...
Russia, India ink customs pact to enhance bilateral trade
MOSCOW: With bilateral trade extremely low, India and Russia have initiated steps to remove the hindrances and boost commerce by...
Tehran, Moscow agree on increasing bilateral trade
TEHRAN: After decades as an isolated rogue state, Iran appears to be finally coming in from the cold. And after...
Saudi Aramco Trading offers 2.1m barrels diesel for late July loading
RIYADH: Aramco Trading Company, a subsidiary of oil giant Saudi Aramco, has offered 2.1 million barrels of diesel for loading...
Customs’ Post Clearance Audit detects Rs 83.9m tax evasion on silos’ import
KARACHI: The Pakistan Customs’ Directorate of Post Clearance Audit (PCA) has detected some Rs 83.9 million evasion of sales tax...
