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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
$13.13 billion trade deficit: Pakistan exports show negative trend of 3.69% in July-Jan
LAHORE: Shortage of energy has affected the exports. The trade deficit of Pakistan remained 13.13 billion dollars as it was...
Notices issued to 4000 defaulters: Excise to seal property of tax evaders after Feb 15
MULTAN: Multan Excise and Taxation Department has issued tax notices to 4000 tax defaulters for the payment of property taxes...
Excise makes history by selling No. 11 in Rs0.855m at auction
LAHORE: Excise and Taxation Department Punjab made history in auction of registration numbers for vehicles. Registration number “11” is sold...
Valuation Dept determines customs values of energy drinks
KARACHI: Directorate General of Customs Valuation through a Valuation Ruling No 713/2015 determined customs values of energy drinks (HS Code...
Anti Narcotics court orders 14 years imprisonment in drug dealing case
LAHORE: Special Court of Narcotics has sentenced 14 years of prison and penalty of Rs 50000 in case of drug...
FBR appoints Ch Zulfiqar as Collector Sialkot, Sarwat Tahira as Director Customs I&I
ISLAMABAD: Federal Board of Revenue (FBR) has relocated three officers and assigned them new tasks. Director Directorate General Customs Intelligence...
Customs Intelligence seizes smuggled items worth Rs5.4m in 10 days
LAHORE: Customs Collectorate of Intelligence and Investigation has seized millions of contraband and illegal goods and articles in first ten...
Customs determines values of Ferro Manganese, Ferro Silicon and Silico Manganese through VR No715/2015
KARACHI: Directorate General of Customs Valuation with the consent of Director Customs Valuation Abdul Rashid Sheikh issued Valuation Ruling No...
Customs issues fresh values of mosquito coil, aerosol insecticide spray
KARACHI: Director of Customs Valuation Abdul Rashid Shaikh issued a fresh valuation ruling i.e. VR No 714/2015 in order to...
Customs seizes smuggled Dunhill, Benson & Hedges cigarettes from warehouse
LAHORE: Directorate of Investigation and Intelligence Customs Lahore seized 50 cartons of UK originated non-duty paid Dunhill and Benson &...
Trucks allowed by MMDA to go by Roxas Boulevard for two weeks
MANILA: MMDA, The Metropolitan Manila Development Authority has granted the trucks to go by Roxas Boulevard for two weeks. However,...
Closing: KSE suffers 229pts loss, down 0.66% amid changing political scenario
High and Low were 34564.58 and 34159.11 points with total trade volume of 160,030,920. KARACHI: The Karachi Stock Exchange benchmark...
Federal Tax Ombudsman sets new record of deciding cases in 52 days
ISLAMABAD: The Federal Tax Ombudsman (FTO) has set a new record in the country's history by disposing of tax petitions...
ANF arrests 12 drug peddlers, seizes 2.41kg narcotics
SARGODHA: Anti Narcotics Force (ANF) have arrested 12 drug dealers and recovered narcotics and illegal weapons from them. The officials...
FBR to issue SRO for increase in withholding tax for non-filers
ISLAMABAD: The Federal Board of Revenue (FBR) will issue a Statutory Regulatory Order (SRO) to increase withholding tax rate from...
11-day ‘needless’ strike at Nigerian ports causes colossal losses
LAGOS: Public Relations Officer of the Nigerian association Mr. Simeon Nwonu termed the strikes a s “needless”, which had been...
China’s RMB, foreign currencies direct trading reaches at $170b last year
BEIJING: Direct trading between China’s RMB and foreign currencies reached at 170 billion U.S. dollars (1.05 trillion Yuan) last year....
Brent oil prices hold steady above $56 per barrel
BEIJING: Brent crude held steady above $56 a barrel on Wednesday, and US crude rose briefly more than $1, after...
Norwegian Cruise Line Holdings appoints 5 senior officials
OSLO: Norwegian Cruise Line Holdings has announced five new senior appointments including Bob Binder, president of international operations, Howard Sherman...
Rupee weakens vs dollar, reaches 101.1 in interbank
KARACHI: Pakistani rupee again lost value against US dollar both in interbank and open market as Karachi Stock Exchange 100-index...
