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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
Punjab govt decided to impose professional tax in fiscal year 2015-16
LAHORE: Government of Punjab give acceptance to imposition of provisional tax for coming financial year 2015-16, professional tax will be...
Sialkot businessmen protest against proposed increase in GST
SIALKOT: Sialkot based leading industrialists, traders and exporters, today, held a protest march to condemn the proposed 3 percent surge...
Gold smuggling accused arrested from Lahore airport is nephew of Toufeeq Butt
LAHORE: An accused who was booked by Customs Preventive at the Lahore airport while he was carrying heavy quantity of...
Proposal to block passports, CNICs of tax defaulters on the cards
KARACHI: The Federal Board of Revenue FBR is introducing a new law in upcoming budget according to which passports and...
Lahore Excise starts operation against property tax defaulters
LAHORE: Taking action on the directives of Excise DG Ahmad Aziz Tarar, the teams of the Excise Department started a...
Mohsin Aziz terms imposition of GIDC as unjustified, unconstitutional
Senator says GIDC bill passed in haste, needs to be discussed at the CCI before its re-promulgation PESHAWAR: Pakistan Tehreek-e-Insaf...
100 basis point cut in policy rate to help enhance business activities: ICCI
ISLAMABAD: The Islamabad Chamber of Commerce and Industry has hailed the 100 basis point cut in policy rate that brought...
FBR to send notices to 100,000 tax defaulters in first week of June
KARACHI: The Federal Board of Revenue (FBR) is taking strict measures to achieve the target of extra Rs 10 billion...
KP Summer Festival concludes, huge crowd takes part in two-day event
PESHAWAR: In order to promote business activities in Khyber Pakhtunkhwa, a large number of people, a two-day Summer Festival at...
Chinese iron ore jumps 2.7% to $68.53 at Commodity Exchange
BEIJING: Chinese iron ore futures is on track to post the biggest daily gain in more than three weeks as...
PCG seizes liquor worth Rs 17 million in Balochistan
KARACHI: Pakistan Coast Guards (PCG) has claimed to seize a huge quantity of foreign origin liquor worth around Rs 17...
BlackBerry terminates its staff to maintain profit
BEIJING: BlackBerry is laying off an unspecified number of workers around the world as the struggling smartphone vendor tries to...
China’s Gree introduces new zero energy consumption air conditioner in Brazil
BEIJING: The Chinese appliance company Gree introduced its latest zero-energy consumption air conditioner model to the Brazilian market here the...
China’s Volvo mades first luxury sedan for US market
BEIJING: Volvo's manufacturing plant in Southwest China's Chengdu city completed its first luxury sedan made for the US market. This...
China’s RCC to receive $1.31m compensation from Mexico
BEIJING: China Railway Construction Corp is expected to receive a compensation of $1.31 million after a high-speed rail project it...
Shanghai FDI drops 23.45 to $1.3b in April
SHANGHAI: Shanghai's foreign direct investment slumped 23.4 percent from a year earlier in April to US$1.3 billion, deteriorating from the...
Ctrip.com to acquire 38% stake in eLong worth $400m
BEIJING: Ctrip.com said here the other day it led a group to acquire a nearly 38 percent stake in eLong...
Chinese Customs seizes seven snakes in mail
SHANGHAI: China has previously busted snakes on a plane and on a train (well, sort of) and now customs officials...
Govt considering imposing fixed tax on shopkeepers, wholesale dealers
KARACHI: The Federal Board of Revenue (FBR) is considering imposing fixed tax on shopkeepers and wholesale dealers instead of turnover...
Peshawar Customs Agents slam increase in valuation duty
PESHAWAR: Criticizing the imposition of 30 percent valuation duty on 33 imported goods coming from Afghanistan through Torkham border, Chairman...
