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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
Karachi: Importers complain about slow work at containers terminal
KARACHI: Importers are facing great hardships on Pakistan International Containers Terminal because they have to spend lot of time for...
Pakistan’s imports from India decrease in first 15 days of May
LAHORE: Pakistan’s imports from Indian side decreased to Rs 388 million in 15 days of the May 2015, as compared...
Russia to sell 21.9m tonnes of wheat overseas in 2015
MOSCOW: In its official Twitter account, the Russian cabinet of ministers said the decision was made to abolish the export...
Chinese Li Keqiang agrees to expand bilateral cooperation with Ireland
BEIJING: Chinese Li Keqiang has met his Irish counterpart, Enda Kenny in Shannon town, in the west of Ireland. During...
FC seizes 149,000 litres of Iranian diesel
QUETTA: Frontier Corps (FC) on Monday seized thousands of litres of smuggled Iranian diesel at Shekh Wasil and Kalat area...
Shipping activity at Port Qasim
KARACHI: Two ships carrying containers and diesel oil were berthed at Qasim International Containers Terminal and FOTCO Terminal respectively. Meanwhile,...
Court extends Ayyan’s judicial remand till May 25, accepts bail plea for hearing
RAWALPINDI: The Banking Court of Rawalpindi on Monday extended model Ayyan Ali’s judicial remand till May 25 in the US...
New home prices in China fall 0.01%
BEIJING: China's real estate market remained anemic with new home prices in April registering month-on-month declines in most of surveyed...
China’s Sina Weibo revenue hikes 43% to $96.3m in 2014
BEIJING: Sina's Twitter-like social platform Weibo reported improved earnings in the first quarter thanks to higher social advertising income. Profit...
China ports handled fall 1.5% to 955.9m in April
BEIJING: Chinese major ports handled 955.9 million tonnes of cargo in April, down 1.5% year on year (y/y), data released...
China’s electricity consumption jumps 1.3% to 441.5b kwh in April
BEIJING: China's electricity consumption rose 1.3 percent year on year in April, reaching 441.5 billion kilowatt hours (kwh), the National...
Chinese customs activates cross-border e-commerce 24/7
BEIJING: China's General Administration of Customs has issued a notice ordering cross-border e-commerce 24 hours a day, 7 days a...
China halts probe in Gardner’s 30kg drug-smuggling case
BEIJING: Peter Gardner, who lives in Australia, was arrested at Guangzhou International Airport last November when he was found to...
China foreign service trade swells 10% to $149.54b Q1
BEIJING: China's foreign service trade reached $149.54 billion in the first quarter, up 10.6 percent from the same period last...
Chinese non-performing loans jump to 1.43t yuan
BEIJING: Chinese non-performing loans grew to 1.43 trillion yuan ($234.1 billion) and the bad loan rate rose to 1.6 percent...
Port Qasim: Importers to inform Chairman Bajwa about problems in assessment process today
KARACHI: The importers’ community has decided to meet Chairman Federal Board of Revenue (FBR), Tariq Bajwa during his visit to...
Law Branch’s working atmosphere has improved: DC Mehwish Shah
KARACHI: The Customs House’s Law Branch has computerised the record of last 20 years’ cases to make the record accessible...
Adjudication-I sets May 26 as date of hearing for PTCL tax evasion case
KARACHI: Customs Adjudication-I Karachi Collector Farid Iqbal Qureshi has set May 26 as date of hearing for the Pakistan Telecommunication...
Officials start another phase of revenue recovery on Collector Saleem’s directions
KARACHI: The Appraising Intelligence Branch (AIB/R&D) of Model Customs Collectorate Appraisement-West, while following the directives of Collector Muhammad Saleem, has...
Customs Valuation re-determines values of tractor parts on traders’ request
KARACHI: The Directorate General of Customs Valuation has re-determined the values of tractor parts vide Valuation Ruling 728/2015. The values...
