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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
Relations with drug smuggler: UK suspends senior diplomat in Indonesia
JAKARTA: Britain’s senior diplomat in Bali has been suspended, the Foreign Office confirmed here the other day, after a report...
FBR decides to make Directorate General of IPR fully operational
KARACHI: The Federal Board of Revenue (FBR) has decided to activate the Directorate General of Intellectual Property Rights (IPR) in...
PVMA calls for reduction in oil tankers’ fares to 10%
KARACHI: The Pakistan Vanaspati Manufacturers Association (PVMA) has demanded immediate reduction in oil tankers' fares proportionate to the fall in...
Regulatory duty, NRV’s cultivation, exports reduced to 1.93%, imports surge by 4.08% in FY 2015
ISLAMABAD: Regulatory duty on export of potato, cultivation of non-recommended varieties as well as banned export of wheat and sugar...
Petrol, diesel rates cut by Rs 7.99, Rs 9.56 a litre: Nawaz vows to pass benefits on to public
LAHORE - As the prices of petrol, high-octane, kerosene, high-speed diesel and light diesel have been reduced by Rs 7.99,...
Govt cuts Rs 7.99 oil prices, increases sales tax to 27%
LAHORE: Federal Government cut oil prices while the Federal Board of Revenue increased sales tax rate on petroleum products. Prime...
Malaysia Marine police seize contraband goods worth RM17,675
TAWAU: Malaysian Marine police foiled an attempt to smuggle out various controlled and subsidized goods valued at RM17,675 under the...
Violation of SRO 565(I)/2006: Customs issues ONO against M/s Siddiq Sons Denim Mills
KARACHI: The Collectorate of Customs Adjudication-I has issued Order-in-Original (ONO) against the importer M/s Siddiq Sons Denim Mills in its...
Kuwait Customs clutches Egyptian smuggler with 30,000 tramadol pills
KUWAIT CITY: Kuwaiti customs arrested an Egyptian man who tried to smuggle nearly 30,000 tramadol pills by hiding them in...
Qatar expects 7% GDP growth in 2015: Finance Minister
DOHA: Qatar’s GDP growth in 2015 is expected to reach seven percent, with a stable annual inflation rate of three...
Rs6.69b paid for Gwadar ‘free trade zone’: 2,281 acres to be leased out to Chinese firm for 40 years
ISLAMABAD - For the establishment of a ‘free trade zone’ in Gwadar, a lease agreement is being processed under which...
China overseas luxury consumption hit 9%, domestic consumption fall 11% last year
BEIJING: China luxury consumption in overseas market grew by more than 9 percent annually to 81 billion U.S. dollars last...
Nokia Z Launcher, Sony Walkman, Hotel Tonight, Jotterpad get new Android updates
LONDON: This week, Nokia’s Z Launcher got a nice update to the beta. It brings in icon pack support and...
Iceland rises at rate of as much as 1.4 inches per year
NAMIBE: Ice is heavy, so it’s only logical that when it disappears, the material below it rises. But it’s still...
China Xiamen shows RMB1.90t increase in foreign trade last year
BEIJING: The China’s Xiamen foreign trade reached RMB1.90 trillion in last year, 3.7 percent up as compared to previous year....
Finance Ministry to release Rs 9.28b to Azad Kashmir in current fiscal year
ISLAMABAD: The Finance Ministry has proposed to release Rs 9.284 billion to the Azad Jammu and Kashmir during the current financial...
FBR reshuffles BS-17 and BS-18 officers, appoints 42 probationary officers
LAHORE: The Federal Board of Revenue (FBR) has reshuffled several BS-17 and BS-18 officers and also appointed probationary officers. As...
Two held at airport for stealing alcohol from customs office
LAHORE: The Civil Aviation Authority during checking at Allama Iqbal International Airport held two persons who were involved in stealing...
KCCI seeks transit facility from Afghanistan to import LPG from Uzbekistan, Turkmenistan
KARACHI: A five-member delegation of Pakistan Afghanistan Joint Chamber of Commerce and Industry (PAJCCI) met president of Afghanistan, Ashraf Ghani...
FBR to discontinue performance allowance for non-filer officials
LAHORE: The Federal Board of Revenue has again given deadline to the FBR officials regarding the declaration of assets to...
