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Russia slashes interest rate by one percentage point to 14% as rouble stabilises against dollar
MOSCOW: Russia's central bank has cut its key interest rate by one percentage point to 14%, as concerns over inflation...
China’s richest man Wang Jianlin seeks to invest $1b in UK
BEIJING: China's richest man has said that he considers the UK the best place in the world to invest. Wang...
Luhansk company’s $450,000 shipment stuck with China customs because of red tape
BEIJING: When Kliver, a high-tech company from Luhansk, signed a contract with Chinese Sun Yin Crystal Industry to supply equipment...
Multan Customs seizes Rs335m smuggled goods in 8 months of FY2014-15
MULTAN: Customs Intelligence and Investigation (I&I) Multan seized about Rs335 million worth smuggled goods in the first eight months of...
No recruitment since 1993: Multan Customs I&I facing shortage of young staff
MULTAN: Customs Intelligence and Investigation (I&I) Multan office is facing shortage of young staff as no recruitment has been carried...
Rs30 to 40b already paid: Bajwa forms body to resolve refund dispute with banking companies
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Tariq Bajwa has step up efforts to resolve the dispute between revenue authority...
American Congress to renew US GSP for Pakistan by summer: Dastgir
ISLAMABAD: Federal Minster for Commerce Engr Khurram Dastgir has announced that US Congress will renew US GSP status for Pakistan...
Climate change may be destroying world’s oldest mummies
TRIPALI: It turns out that global warming does not impact only the people currently living on Earth, it can affect...
FBR to appoint additional collector at working formation of Appraisement-West
KARACHI: The Federal Board of Revenue (FBR) will appoint an additional collector at the working formation of Model Customs Collectorate...
FBR starts budget preparations, seeks tax proposals from business community
ISLAMABAD: The Federal Board of Revenue (FBR) has started the budget preparations for 2015-16. The board is also seeking taxation...
FBR Chairman Tariq Bajwa reviews revenue targets in meeting
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Tariq Bajwa chaired an important meeting on Wednesday at the FBR House to...
Five FBR officials to attend ‘Operational Coordination Meeting’ in Tajikistan
KARACHI: The Federal Board of Revenue (FBR) has finalised a team of officers to attend the meeting on “Global Shield...
Collector Saleem forms body to scrutinise clearance data of imported tyres, auto accessories
KARACHI: The Appraising Intelligence Branch (AIB) of Model Customs Collectorate of Appraisement (West) has planned a grand crackdown against the...
Lahore: Big restaurants yet to be brought into tax net
LAHORE: The Punjab Revenue Authority (PRA) could not bring famous and costly restaurants into the tax net even after six...
Suspect involved in import of banned antibiotics from India presented before customs court
KARACHI: The Research & Development (R&D) Section of MCC Appraisement-East presented accused Muhammad Ali Chandna, intender of Pure Private Limited...
Lahore: FIA recovers 34 passports from human trafficker
LAHORE: The Federal Investigation Agency (FIA) has arrested a human trafficker during a raid in Township area of Lahore. According...
ASO impounds vehicles worth Rs 4 million in Lahore
LAHORE: The Anti-Smuggling Organisation (ASO) of the Lahore Preventive impounded non-customs paid vehicles worth Rs 4 million on Thursday. Official...
Lahore: Excise likely to increase rate of computerised number plates
LAHORE: The Excise and Taxation Department has decided to increase the rate of computerised number plates in coming days. The...
FBR Member Admin Shahid Jatoi vows to end corruption
ISLAMABAD: Federal Board of Revenue (FBR) Administration Member Shahid Hussain Jatoi has said that the board did not ask for...
Excise recovers vehicle tax of Rs 6.36 billion in eight months of FY 2014-15
LAHORE: The Punjab Excise and Taxation Department has collected Rs 6,368.86 million under the head of motor vehicle tax in...
