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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
Directorate General of Customs Valuation revisits values of duplex board
KARACHI: The Directorate General of Customs Valuation with the consent of Director Abdul Rashid Sheikh has determined the customs values...
Shuttle service starts at wagah border for passengers
LAHORE: The shuttle service has been started at Wagah border to facilitate the passengers traveling from Pakistan to India. After...
Tax collection increases by 27pc during first 20 days of Feb: FBR
ISLAMABAD: Federal Board of Revenue (FBR) has collected Rs 1471 billion in seven months and 20 days of current financial...
Pak-Qatar deal: Import of 200mmcfd LNG through Engro’s ETPL terminal in doldrums
ISLAMABAD: Pakistan may not be able to get the 200 mmcfd LNG supply from Qatar with price re-opener clause for...
Chairman TEVTA urges promotion of handicrafts to generate revenue
MULTAN: TEVTA Chairman Irfan Sheikh has said that Multan has a great potential to produce and earn enormous returns in...
Multan Customs files appeal against Fatima Enterprises Limited
MULTAN: The Model Customs Collectorate has filed an appeal against the dismissal of two tax evasion cases worth Rs 450...
Customs Intelligence detects tax fraud by Jawad Traders
ISLAMABAD: Directorate General, Intelligence and Investigation (Inland Revenue) Islamabad have arrested employees of Jawad Traders involved in tax fraud. The...
FBR: Data controlling assistants still await for promotions
KARACHI: The correspondence between a committee of the data controlling assistants (DCAs) and the authorities concerned of the Federal Board...
Adjudication asks Customs Preventive to contact SHC to persue Shaheen Air International tax evasion case
KARACHI: The Collectorate of Customs Adjudication-I has asked the authorities concerned of Model Customs Collectorate MCC Preventive to contact Sindh...
Customs Intelligence foils bid to smuggle cigarettes worth Rs 17 million
KARACHI: The Directorate of Customs Intelligence recovered a huge quantity of smuggled cigarettes of different brands in a successful operation....
ASO seizes smuggled bikes, Indian soaps, Iranian tiles
LAHORE: Customs Preventive Lahore Anti-Smuggling Organization (ASO) on Friday confiscated millions of rupees Iranian tiles from a godown, buses loaded...
RTO-I chief commissioner withholds performance allowance of six inspectors
LAHORE: The Federal Board of Revenue (FBR) Regional Tax Office-I chief commissioner has withheld the performance allowance of as many...
Excise recovers Rs799m excise duty in first half of FY 2014-15
LAHORE: Excise and taxation Department Punjab has recovered Rs 799 million of excise duty up to mid of January 2015...
Govt avoids establishing FEDPB offices in provinces
ISLAMABAD: The Federal Export Development and Promotion Board (FEDPB) was reconstituted with the objectives of reviewing export performance of the...
New policy for appointment of commercial attaches next year: Dastgir
ISLAMABAD: Lawmakers have demanded constitution of a committee to legislate on the issue of appointment of commercial attaches (CAs) at...
Customs agents to share their grievances with FBR chairman in upcoming meeting
ISLAMABAD: The delegation of All Pakistan Customs Agents Association has decided to meet Federal Board of Revenue (FBR) Chairman Tariq...
Dark matter may have caused extinction of dinosaurs
LONDON: Could dark matter have an extremely dark history indeed? It could according one scientist who believes that the elusive...
NZ dollar achieves new high of 97.07c against Aussie
WELLINGTON: The kiwi dollar has touched a post-float high of 97.07 Australian cents overnight, and was trading at 96.51 cents...
Another 17 items to get China’s Tax-Free Shopping Incentive
BEIJING: Ministry of Finance has announced to increase the number of items that can be bought tax-free from Hainan. Now...
IMF approves SDR 352.82m and SDR 135.7 million arrangements for Kenya
WASHINGTON: The International Monetary Fund’s Executive Board approved a SDR 352.82 million (about US$497.1 million) Stand-By Arrangement and a SDR...
