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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
TDAP asks finance ministry to release Rs 100b tax refund to increase exports by $8b
KARACHI: To achieve the economic growth, public holidays in main government functionaries should be restricted at one in a week,...
China gives permission to 32 foreign institutions to trade on interbank bond market
BEIJING: China has allowed another 32 foreign institutions to trade in its onshore interbank bond market as the country speeds...
Appraisement-East recovers Rs 2.25 million from Island Textiles after correction of PCT
KARACHI: Model Customs Collectorate Appeasement-East has recovered an amount of Rs 2,246,438 from Island Textile Limited after correct classification of...
Pakistan, Tajikistan agree on bilateral consultation to enhance trade between two countries
ISLAMABAD: Nizom-ud-Din Zohidi Shamsiddinzoda, Deputy Minister of Foreign Affairs of the Republic of Tajikistan paid a courtesy call on Sartaj...
Chinese Customs seized 440,000 tonnes of smuggled oil
BEIJING: Chinese Customs have detained members of two gangs involved in smuggling in 440,000 tonnes of fuel using retooled fishing...
Adjudication decides 23,000 kg plastic dana case in Custom I&I favour
LAHORE: Collectortae of Customs Adjudication Lahore has ordered confiscation of 23,000 kg granules in favour of Customs Investigation and Intelligence...
Sugar smuggling increases in China due to curb on import
SHANGHAI: China may find itself targeted by sugar smugglers thanks to the restrictions that the country has placed on tariff-free...
Multan customs collects over Rs 4.16 billion in April, shows improvement
MULTAN: The Model Customs Collectorate (MCC) Multan has collected Rs 4,164.971 million during the month of April. Collector Sarfraz Ahmad...
Next tranche of loan: FBR Chairman Bajwa to brief IMF on tax collections
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Tariq Bajwa will leave for Dubai, United Arab Emirates, on May 6 (Wednesday)...
Customs Appraisement-East surpasses April’s target by RS4.77 billion
Chief Collector Nasir and Collector Manzoor lauds officials’ efforts KARACHI: The Model Customs Collectorate (MCC) Appraisement-East has surpassed the revenue...
ASO seizes smuggled LED TVs worth Rs 10 million
LAHORE: Customs Lahore Preventive’s Anti-Smuggling Organisation (ASO) on Monday seized illegally imported Samsung Brand LED TVs worth Rs 10 million...
Punjab Excise collects Rs 16 billion up to April 15
LAHORE: Excise and Taxation Department Punjab has achieved 71 percent of the set target during first nine and half months...
Customs Court sends ‘tax evaders’ of Rs 3.8m on two-day physical remand
LAHORE: The Federal Court of Customs Taxation and Anti-Smuggling has sent two accused in a case of tax evasion of...
Customs Court hears 21 cases on Monday; issues notice to guarantor
LAHORE: The Federal Court of Customs Taxation and Anti-Smuggling issued a final notice to a guarantor of accused in a...
Pakistan suspends substandard tomatoes import from India
LAHORE: Pakistan has stopped the import of tomatoes from India through Wagah border because it t is not up to...
Pakistan Vanaspati Mills Association rejects price fixation mechanism of Punjab Government
ISLAMABAD: Pakistan Vanaspati Mills Association (PVMA) has rejected the price fixation mechanism of Punjab Government through notification. According to details...
Rawalpindi Anti-Smuggling staff seizes Rs9 m foreign origin BOP Film
ISLAMABAD: Anti-Smuggling Staff of Directorate of I&I-FBR Regional Office Rawalpindi has recovered the 229-Rolls (3520) kg foreign origin BOP Film....
Dar for implementation of Trade Liberalisation Programme under SAFTA
Finance minister says South Asia remains a highly protected region in terms of regional integration ISLAMABAD: Finance Minister Senator Ishaq...
Industry passing through critical time, bureaucracy creating atmosphere of harassment for businessmen: LCCI
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) Monday urged the Federal Board of Revenue (FBR) to stop attaching...
Directorate of I&I Anti-Smuggling seizes Rs0.5 m foreign origin cloth
ISLAMABAD: Anti-Smuggling Staff of Directorate of I&I-FBR Regional Office Rawalpindi has recovered the 7542 yards (1136) kg ladies foreign origin...
