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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
Pakistani driver carrying Gypsum stone to India arrested at Attari
LAHORE: A Pakistani truck driver has been arrested in India late last night as he took a truck loaded with...
FBR bans transfer/posting of officials to expedite preparation of budget proposals
ISLAMABAD: As the federal government is planning to present the budget for fiscal year 2015-16 in parliament on May 29...
PIAF urges government to release funds for energy sector
LAHORE: The Pakistan Industrial & Traders Associations Front (PIAF) Chairman Sheikh Irfan Iqbal has urged the government to release Rs...
Multan Customs, Intelligence destroy contraband items worth Rs 22m
MULTAN: The Model of Collectorate Customs Multan and Customs Intelligence has jointly destroyed the contraband items of worth 22 million,...
Tax evasion: Lahore RTO seizes Hafeez Steel Mills vehicle
LAHORE: The Regional Tax office (RTO) impounded a vehicle of Hafeez steel mills in case of nonpayment of more than...
Faisalabad Excise Dept issues new vehicle number series FDO15
FAISALABAD: The Faisalabad Excise and Taxation Department has started new vehicle number series FDO15 in which total 209 numbers have been...
Sales Tax: LHC issues notices to LESCO, federal govt
LAHORE: The Lahore High Court (LHC) has bared the government from receiving sales tax in electricity bills but LESCO is...
Customs Intelligence seizes mobile phones worth Rs 35m
ISLAMABAD: Directorate of intelligence & investigation FBR regional office, Rawalpindi received information through DG, I&I-FBR, Islamabad that a huge quantity...
9th NFC to focus on 5 key areas through constituting sub-groups
ISLAMABAD: The 9th National Finance Commission has agreed to undertake detailed background work in five key areas through constituting sub-groups,...
FIA recovers Rs 603,800, arrests 3 smugglers
LAHORE: Corporate Crime Circle of Federal Investigation Agency Lahore has arrested three accused involved in money laundering, Hundi, Hawal. Official sources...
Budget preparations: FBR nominates coordinators & deputy coordinators to deal with tax matters
ISLAMABAD: In a bid to maintain secrecy of policy matters related to the upcoming budget for the fiscal year 2015-16,...
Foreign exchange reserves show improvement, to benefit investors: Finance Ministry
ISLAMABAD: The Finance Ministry terms that improved foreign exchange reserves and balance of payments’ position a good news for investors....
Tax rate on non-filer to increase in upcoming budget: Shahid Asad
KARACHI: Shahid Hussain Asad, the Federal Board of Revenue Inland Revenue Policy member, has said that the tax rate on...
Budget proposals: Appraisement-East suggests raising minimum rate of customs duty to 2pc from 1pc
KARACHI: The MCC Appraisement-East has suggested that the minimum rate of customs duty should be 2 percent from the existing...
FBR recommends Finance Ministry to eliminate Slab-I in upcoming budget 2015-16
KARACHI: The Ministry of Finance is mulling over to eliminate Slab-1 in the upcoming budget for the fiscal year 2015-16,...
Lahore: Excise region B recovers Rs 1.8 billion in 10 months, achieves 90pc target
LAHORE: The Excise and Taxation Department is much vigilant in recovery of taxes, specially property tax which is the back...
Excise region B recovers Rs 1.8 billion in 10 months, achieves 90% target
LAHORE: Excise and Taxation Department is much vigilant in recovery of taxes specially property tax which is a back bone...
Customs Valuation DG dismisses review plea against valuation of bleached kraft linerboard
KARACHI: Customs Valuation Director General Samaira Nazir Khan has dismissed a review petition filed by M/s Trade International against the...
Rs 64.17m tax evasion: FBR Intelligence prepares seizure reports against Telenor, Pak Telecom
KARACHI: The Directorate General of Intelligence and Investigation-FBR, Regional Office Karachi, has made a couple of seizure reports against some...
Customs Valuation DG rejects petition against Valuation Ruling 707/2015 regarding printing inks
KARACHI: Customs Valuation Director General Sumaira Nazir has rejected the review petition filed by manufacturer M/s DIC Pakistan Ltd against...
