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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
Iran, Turkish customs to seal deal on border trade
TEHRAN: Turkish Customs Minister Nurettin Canikli announced that Turkey and Iran are planning to seal a deal between customs department...
Chinese Customs seizes 10,000 logs, arrests 138 smugglers
BEIJING: Chinese Customs seized over 10,000 logs, an excavator, trailers, trucks, Pajero vehicles, cranes and bicycles during the operation and...
CCP fails to submit two annual reports to Finance Ministry
ISLAMABAD: The Competition Commission of Pakistan (CCP) has failed to submit the annual reports for last two years to the...
‘China likely to establish free trade zone with Russia-led Eurasian Economic Union’
BEIJING: Russian Ambassador to China Andrey Denisov said that China possibly will establish a free trade zone with the Eurasian...
Officials of Appraisement-East still await ‘sanctioned’ reward money
KARACHI: The officials of Model Customs Collectorate (MCC) of Appraisement (East) are still awaiting their due “sanctioned” reward of the...
Customs Adjudication-I hears 4th tax evasion case of PTCL, Huawei
KARACHI: Customs Adjudication-I Collector Farid Iqbal Qureshi heard the tax evasion case of Pakistan Telecommunication Company Limited (PTCL), clearing agent...
Collector Mujtaba issues ONO against illegal importer of alcohol, clearing agent
KARACHI: Customs Adjudication-II Collector Ahmed Mujtaba Memon has issued Order-in-Original (ONO) against the importer AZ Corporation and clearing agent LJ...
Poultry sector seeks tax-free import of machinery, loans
LAHORE: The Poultry sector has also called for tax free import of poultry machinery and loans on same lines as...
Forex Association issues opening rates of foreign currency
KARACHI: Forex Association of Pakistan (FAP) issued following opening rates of foreign currencies in kerb market, here on Tuesday. ...
Traders, public unhappy over 5pc increase in regulatory duty on luxury items
LAHORE: Economic Coordination Committee has imposed regulatory duty on luxury items. According to the statement of ECC “International prices of...
Customs seizes smuggled items worth Rs1.78m in Lahore
LAHORE: The Customs Intelligence and Investigation has confiscated smuggled cloth, tyers, motor spare parts and lubrication oil from a bus...
FBR relocates 39 BS 17-21 Customs officers
LAHORE: Federal Board of Revenue has relocated 39 officers of Pakistan Customs BS 17-21 here on other day with immediate...
Pakistan to spend Rs 12.5 billion on Millennium Development Goals in current fiscal year
ISLAMABAD: The Finance Ministry has decided to spend Rs 12.5 billion on Pakistan Millennium Development Goals (Pak-MDGs) and Community Development...
Token tax to be collected at Excise offices only: Ali Tahir
LAHORE: Excise and Taxation Department has decided to collect token tax in Excise offices only to facilitate the citizens and...
Secretary Excise tells officers to gear up efforts to achieve revenue target
LAHORE: Secretary Excise Punjab Ali Tahir during a high level meeting at Transport House Excise Office Lahore on Tuesday directed...
Closing: KSE continues bearish mood with 137pts loss, down 0.40% on institutional profit-taking
KARACHI: The Karachi Stock Exchange benchmark 100-index lost 137.41 points or 0.40 percent to reach 34432.89 points and volume of...
Officers of only grade-17 or above given authority to issue property tax notices
LAHORE: The government of Punjab has restrained the Excise and Taxation inspectors to issue any kind of property tax notices...
Customs tribunal appoints Imran Ahmad as Member Technical after two years
LAHORE: The customs tribunal has appointed member technical Imran Ahmad after two years. The orders of appointment were issued six...
Scrutiny of suspected accounts: DG I&I of Inland Revenue given special powers
ISLAMABAD: In a bid to unearth black money, Federal Board of Revenue (FBR) has given special powers to the Directorate...
Pak rupee strengthens vs dollar, gains 20 paisas in open market to reach 101.65
KARACHI: Pakistani rupee Tuesday strengthened against US dollar in open market and remained firm in interbank. As per the local...
