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
Collector Saleem orders Customs officers to prepare SOPs regarding clearance of vehicles
KARACHI: The Customs officials of Car Group (Group-VII) Model of Customs Collectorate (MCC) Appraisement-West while following the directives of Collector...
FBR decides to bring “professionals” into tax net
KARACHI: The Federal Board of Revenue (FBR) has decided to bring “professionals” into tax net and punitive measures are being...
Customs Adjudication to hear Commander Agro tax evasion case of Rs 7m on Feb 25
MULTAN: Customs Adjudication will hear tax evasion case of Rs 7 million by Commander Agro Private Limited on February, 25....
WHT zone of RTO-II achieves 98% revenue target in 7 months
LAHORE: The withholding tax (WHT) zone of the Regional Tax Office-II (RTO-II) has achieved 98 percent of its target during...
FBR dismisses FRAEU central president over misconduct
LAHORE: Federal Board of Revenue has dismissed the Federal Revenue Alliance Employees Union (FRAEU) Central President, Mian Abdul Qayyum Inspector...
Customs Court grants bail to accused in alcohol smuggling case
LAHORE: A Special Court of Customs, Taxation and Anti-Smuggling have granted bail of Naeem Saddiqi, allegedly involved in smuggling of...
FBR freezes seven bank accounts of MLW, recovers Rs 4.8m
LAHORE: The Federal Board of Revenue (FBR) has frozen seven bank accounts of MLW Private Limited and recovered Rs 4.8...
Arrest of major smugglers necessary for smuggling free country: DG Lutfullah
LAHORE: A joint meeting of collectors of Customs central region and Directorate of Investigation and Intelligence was held on Monday...
Sales tax exemption available on import, supply of melon seeds: FBR
KARACHI: The Federal Board of Revenue (FBR) has declared that sales tax exemption on import and supply of watermelon and...
China used just over half its LNG regasification capacity in 2014
BEIJING: China used just over half its LNG regasification capacity in 2014, as tariff hikes and cheaper competing fuels hit...
China Customs delegation visits Fiji Revenue and Customs authority
BEIJING: A Chinese Customs delegation, headed by the Vice Minister Customs, Sun Yibiao, visited the Fiji Revenue and Customs Authority and...
NA committee to take up Port Qasim issues with authorities today
ISLAMABAD: The National Assembly Standing Committee on Ports and Shipping will take up the issues confronted by exporters and importers...
Weekly review: Strong bullish sentiments stabilise KSE in weeklong trading
KARACHI: The Karachi Stock Exchange (KSE) 100-index gained 343.32 points in the weeklong trading, as it opened at 33649.68...
China’s VLCC speeds up 6.7%: 1,000-feet long crude carriers transport 2m barrels of oil at average of 12.57 knots
BEIJING: China VLCC speeds increased by 6.7 percent due to falling oil prices, according to data from RS Platou Economic...
Pak rupee continues losing spree, sheds 10 paisas in open market to reach 102.1
KARACHI: The Pakistani rupee depreciated Monday against US dollar both in open market and interbank. As per local currency market,...
KSE loses early gains, 100-index sheds 30pts to reach 33963pts
KARACHI: The Karachi Stock Exchange benchmark 100-index Monday lost 30 points and dropped from 34000 points mark to 33962.92 points...
Chinese structural adjustments to cost liquidity squeeze at 6.9% economic growth rate
BEIJING: The economic experts have expressed grave concerns about new structural adjustments which are going to result in liquidity squeeze...
NZ Customs minister praises China’s anti-smuggling fight
BEIJING: New Zealand Customs Minister, Nicky Wagner, praised china’s anti-smuggling fight that helped recently in a key smuggling operation. The...
FBR recovers Rs 2.5 million tax from defaulter company
LAHORE: The Federal Board of Revenue (FBR) Regional Tax Office-II has recovered tax amounting to Rs 2.5 million from a...
Directorate of Reforms, Automation works to link EOUs with WeBOC
KARACHI: The Directorate of Reforms and Automation is working to link the Export Oriented Units (EOUs) with WeBOC, automated system....
