Latest News
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
DFID-HMRC mission likely to hold meeting with FBR in first week of March
ISLAMABAD: A delegation of British Department for International Development (DFID) and Her Majesty Revenue & Customs (HMRC) will hold dialogue...
FBR raises WHT by 1.5 percent for non-filer manufacturers
KARACHI: The Federal Board of Revenue (FBR) has increased withholding tax by 1.5 percent for non-filer manufacturers, intending to increase...
Closing: KSE ends week in green with 51pts gain, up 0.15% just below 34,000pts
KARACHI: The Karachi Stock Exchange benchmark 100-index gained 50.72 points or 0.15 percent to reach 33993.00 points and volume of...
Former Senate chairman robbed of Rs20m in cash, 150-tola gold, 6 watches, 2 mobiles
ISLAMABAD – Four robbers made of cash and valuables worth over Rs30 million from the house of Wasim Sajjad, a...
Hubble telescope captures smiley face in space
HARROW: Humans have been fascinated with space for centuries. Astrology, constellations and theories about alien existence have arisen in a...
China’s tax department introduces new policy for indirect transfers
BEIJING: China’s tax department (SAT, State Administration of Taxation) has announced a new policy to indirect transfers of properties by Non-tax...
China plans to build port city near Colombo
BEIJING: China has planned to build a port city near Colombo. Deputy Investment Promotion Minister of Sri lanka, Eran Wickramaratne,...
Officials up to Grade-16 optimistic on appointment of Manzoor Memon as Collector Appraisement-East
KARACHI: The Customs officials up to Grade BS-16 of the Model Customs Collectorate (MCC) Appraisement (East) are very much optimistic...
Customs Appellant Tribunal chairman to visit Lahore Tribunal on Feb 26
LAHORE: Customs Appellant Tribunal Chairman Chaudhary Muhammad Tariq will visit Lahore Tribunal on February 26. An official said that the...
Excise seizes documents of 400 vehicles for non-payment of token tax
LAHORE: The Excise and Taxation Department is taking strict action against token tax defaulter vehicles in Lahore, and seized documents...
PM approves appointment of commercial attaché in Pakistani missions abroad
ISLAMABAD: The Ministry of Commerce (MoC) has obtained approval from the competent authority for the appointment of commercial attaché in...
Lahore: Customs Intelligence impounds contraband goods worth Rs 312m
LAHORE: The Directorate of Intelligence and Investigation showed outstanding performance by impounding contraband goods worth Rs 312 million involving tax...
Punjab Board of Revenue collects Rs 20b in seven months
LAHORE: The Punjab Board of Revenue has collected Rs 20 billion in the first seven months of fiscal year 2014-15....
ANF recovers 680kg heroin, 120kg charas, 8.4kg opium worth Rs 4.66b
ISLAMABAD: An Anti-Narcotics Force (ANF) has recovered 680kg heroin, 120kg charas and 8.4kg opium in six operations conducted at Pishin,...
Govt is holding sales tax refunds of textile industry worth Rs 36b: PHMA
LAHORE: At least Rs 36 billion sales tax refund of the textile industry is laying with the government, causing liquidity...
FBR seizes 32 accounts of Wapda over non-payment of Rs 6 billion general sales tax
LAHORE: The Federal Board of Revenue (FBR) has seized 32 accounts of Water and Power Development Authority (Wapda) due to...
ADC Customs Amjad to take charge of Multan Adjudication from Feb 23
MULTAN: Additional Collector Customs Adjudication Fayaz Anwar will attend National Management Course from Monday, Feb, 27. Additional Collector Adjudication Fayaz...
Over 25 years after original model’s debut, Suzuki launches new prices of Vitara from £13,999 in UK
LONDON: Suzuki Vitara has completed 25 years of success in UK. The first model of Vitara was launched in 1988....
Zambia Sugar eyes $82m investment for sugarcane refinery
JOHANNESBURG: Zambia Sugar, Africa's top cane producer has planned to spend $82 million to construct a refinery that would double its...
FBR RTO-II Lahore to resolve only deferred claims of sales tax refunds from STARR e-system
LAHORE: Federal Board of Revenue Regional Tax Office-II Lahore has given directions to staff to replicate only partial deferred claims...
