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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
Customs Intelligence foils bid to smuggle cigarettes worth Rs 17 million
KARACHI: The Directorate of Customs Intelligence recovered a huge quantity of smuggled cigarettes of different brands in a successful operation....
ASO seizes smuggled bikes, Indian soaps, Iranian tiles
LAHORE: Customs Preventive Lahore Anti-Smuggling Organization (ASO) on Friday confiscated millions of rupees Iranian tiles from a godown, buses loaded...
RTO-I chief commissioner withholds performance allowance of six inspectors
LAHORE: The Federal Board of Revenue (FBR) Regional Tax Office-I chief commissioner has withheld the performance allowance of as many...
Excise recovers Rs799m excise duty in first half of FY 2014-15
LAHORE: Excise and taxation Department Punjab has recovered Rs 799 million of excise duty up to mid of January 2015...
Govt avoids establishing FEDPB offices in provinces
ISLAMABAD: The Federal Export Development and Promotion Board (FEDPB) was reconstituted with the objectives of reviewing export performance of the...
New policy for appointment of commercial attaches next year: Dastgir
ISLAMABAD: Lawmakers have demanded constitution of a committee to legislate on the issue of appointment of commercial attaches (CAs) at...
Customs agents to share their grievances with FBR chairman in upcoming meeting
ISLAMABAD: The delegation of All Pakistan Customs Agents Association has decided to meet Federal Board of Revenue (FBR) Chairman Tariq...
Dark matter may have caused extinction of dinosaurs
LONDON: Could dark matter have an extremely dark history indeed? It could according one scientist who believes that the elusive...
NZ dollar achieves new high of 97.07c against Aussie
WELLINGTON: The kiwi dollar has touched a post-float high of 97.07 Australian cents overnight, and was trading at 96.51 cents...
Another 17 items to get China’s Tax-Free Shopping Incentive
BEIJING: Ministry of Finance has announced to increase the number of items that can be bought tax-free from Hainan. Now...
IMF approves SDR 352.82m and SDR 135.7 million arrangements for Kenya
WASHINGTON: The International Monetary Fund’s Executive Board approved a SDR 352.82 million (about US$497.1 million) Stand-By Arrangement and a SDR...
Over 25 years after original model’s debut, Suzuki launches new prices of Vitara from £13,999 in UK
LONDON: Suzuki Vitara has completed 25 years of success in UK. The first model of Vitara was launched in 1988....
FBR recovers 15 million tax
LAHORE: The Federal Board of Revenue (FBR) Regional Tax office-II Lahore has recovered Rs 15 million under the head of...
Punjab collects Rs 40.23 million entertainment duty in seven months
LAHORE: The Excise and Taxation Department collected Rs 40.23 million entertainment duty in first seven months of the fiscal year...
Heavy taxes Push vehicle owners to other Provinces for registration
LAHORE: A heavy tax has been imposed on registration and transfer of vehicles. The step has brought revenue losses for...
Govt completes computerisation of land record in 20 districts: Iqbal Channar
LAHORE: Punjab Cooperatives Minister Malik Muhammad Iqbal Chanar on Friday said that after the computerisation of land record, citizens can get their...
CCP to take action under Competition Act, 2010 against price hike
ISLAMABAD: The Competition Commission of Pakistan (CCP) has initiated a countrywide inquiry into the possible anti-competitive behaviour behind rising prices...
DFID-HMRC mission likely to hold meeting with FBR in first week of March
ISLAMABAD: A delegation of British Department for International Development (DFID) and Her Majesty Revenue & Customs (HMRC) will hold dialogue...
FBR raises WHT by 1.5 percent for non-filer manufacturers
KARACHI: The Federal Board of Revenue (FBR) has increased withholding tax by 1.5 percent for non-filer manufacturers, intending to increase...
Closing: KSE ends week in green with 51pts gain, up 0.15% just below 34,000pts
KARACHI: The Karachi Stock Exchange benchmark 100-index gained 50.72 points or 0.15 percent to reach 33993.00 points and volume of...
