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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
Vice head of ‘Baosteel Group Corporation ‘under investigation
BEIJING: Cui Jian, deputy general-manager of the Baosteel Group Corporation, has been under investigation for allegedly taking bribes by Shanghai...
China Central Bank cut interest rates to ward off pressure on economic growth
BEIJING: The central bank cut interest rates for the third time in six months on Sunday to ward off the...
China, Russia ink agreement to jointly develop a hydropower project
BEIJING: China Three Gorges Corporation and Russia's hydropower company RusHydro have signed an agreement to jointly develop a hydropower project...
Chinese Customs nabbed 5 smugglers for smuggling rare earths
BEIJING: Five suspects, including a national of the Republic of Korea (ROK), were arrested for smuggling rare earths to the...
China transport police seize heroin, clutch smuggler
BEIJING: A man in China has been caught smuggling heroin in his foreskin on a train from Beijing to Tibet,...
China increases tax rate for cigarettes to 11%
BEIJING: China raised the consumption tax on cigarettes from five percent to 11 percent, announced the Ministry of Finance in...
China Development Bank net profit jumps 22% to $15.98bn in 2014
BEIJING: China Development Bank's net profit rose 22.13 percent year-on-year to reach 97.7 billion yuan ($15.98 billion) in 2014, reports...
China’s export drops 6.4% to $176.3b in April
BEIJING: In a new sign of economic weakness, China's imports and exports fell unexpectedly again in April, official data showed...
China PPI dips 4.6% in April
BEIJING: China's producer price index (PPI), a measure of costs for goods at the factory gate, plunged 4.6 percent year...
China April CPI swells 1.5% y-o-y
BEIJING: China's consumer price index (CPI), a main gauge of inflation, grew 1.5 percent year on year in April, the...
Chinese banks suffer 982.5bn yuan NPLs in Q1
BEIJING: Bad loans at Chinese banks surged by the most in more than a decade in the first quarter, while...
Gold scam: Port Qasim-Exports reluctant to take action following audit report
Fake Form-E used in gold exports causing colossal loss of foreign exchange to national exchequer KARACHI: The Model Customs Collectorate...
Imperfect ‘areca nut’ being cleared by customs without lab tests
KARACHI: Negligence of the import/export guardians has been witnessed, as substandard consignments of areca nut (chaliya) are being cleared without...
Customs Central Region duty collection up by 9% to Rs29.5 billion in 10 months
LAHORE: Customs Central Region has collected Rs29. 5 billion customs duty with an increase of 9 percent in first 10...
RTO Faisalabad collects Rs2.32 billion in April
FAISALABAD: Federal Board of Revenue Regional Tax office Faisalabad has surpassed the target of April, 2015 by Rs629 million and...
Peshawar: ANF seizes 2.4kg heroin, 2.8kg charas
PESHAWAR: The Anti-Narcotics Force (ANF) seized 2.8 kilogrammes of charas and 2.4kg heroin worth millions of rupees in the international...
Customs seizes 500 gramnes of heroin at Lahore airport
Accused shifted to hospital to recover gulped heroin-filled capsules LAHORE: Customs authorities at Allama Iqbal International Airport Lahore have recovered...
Car dealers to observe shutter down strike against attitude of Punjab Excise and Taxation Dept
LAHORE: Car Dealers Association has decided to observe a shutter down strike to protest against the Punjab Excise and Taxation...
Customs Court smuggling suspect as proclaimed offender
LAHORE: The Customs Taxation and Anti-Smuggling Court has declared one Jahan Khan as proclaimed proclaimed offender under Customs Act 1969....
Several officers could not get promotion due to various reasons
ISLAMABAD: Several officers of the Federal Board of Revenue (FBR) from BS-19 and 20 could not be promoted due to...
