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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
Excise Dept seizes drugs worth Rs 5 million from Shahdara
LAHORE: The Excise and Taxation Department seized a huge cache of heroin and chars worth Rs 5 million from a...
Punjab Rangers kill 3 liquor smugglers at Wagha
LAHORE: The Punjab Rangers here the other day killed another smuggler at Wagha sector and arrested his accomplice. On Wagha...
Senate Finance Committee to review current status of demutualisation process
ISLAMABAD: The Senate Standing Committee on Finance and Revenue will review the current status of process of de-mutualisation of stock...
Exports’ Recovery Cell issues notice to A H International for payment of Rs9.6m
KARACHI: The Special Recovery Cell (SRC) of Model Customs Collectorate MCC Exports in its continued recovery campaign in recent days...
Violation of FTA, SROs: Appraisement-East detects tax evasion of Rs20m in 25 days
KARACHI: The Research and Development (R&D) Section of Model Customs Collectorate MCC Appraisement-East has detected and recovered around Rs20million of...
Appraisment-West issues show-cause notices to 37 clearing agents for manipulating BoL
KARACHI: The Model Customs Collectorate MCC of Appraisement-West has finally issued show-cause notices (SCNs) against 37 clearing agents in their...
Multan customs earns Rs 25 million by selling articles, vehicles
MULTAN: The Multan Customs has generated nearly Rs 25 million through the auction of different articles and vehicles in January....
Finance Ministry expects average inflation rate up to 5.5pc during current fiscal year
ISLAMABAD: In view of the falling oil prices, The Finance Ministry expects that the Consumer Price Index (CPI), indicating consumer...
Pakistan Steels Mills awaits appointment of financial adviser despite incurring heavy losses
ISLAMABAD: The Finance Ministry has failed in hiring of financial adviser to seek a strategic partnership for Pakistan Steel Mills...
Chairman FBR, Member Customs celebrate World Customs Day in Karachi
KARACHI: The Pakistan Customs-FBR has given the final schedule of the ceremonies which are to be held in connection with...
15pc regulatory duty on yarn import from India to protect local market, earn foreign exchange: PYMA
FAISALABAD: Pakistan Association (PYMA) has demanded the imposition of 15% regulatory duty on imports of cotton yarn from India. Talking...
Chinese guards shoot two Uighur intruders at Vietnam Border
Zhong Zing: Two Uighur men were shot by Chinese police when they were trying to cross the border with Vietnam....
2016 Mazda CX-5 to have 4WD 6 speed, newly designed grille
TOKYO: The automaker giant Mazda, brings some big changes in its 2016 Mazda CX-5 since the vehicle’s debut as a...
Pakistan Customs to hold flag hoisting at Wagha Border on Int’l Customs Day
LAHORE: Central region of Pakistan Customs will hold flag hoisting and destruction of contraband goods at the Land Customs Station...
Iran non-oil imports rise 15.44% YOY
TEHRAN: Iran non oil imports rose 15.44% year on year. Iran’s non-oil exports rose 24.21 percent in the first ten...
Bulgaria customs seizes 2 million live baby eels, 2 Chinese detained
SOFIA: Customs officials in Bulgaria have seized two million live baby eels hidden in luggage. Two Chinese men arriving from...
Microsoft Corporation likely to launch Office 2016 this year
NEW YORK: The Microsoft Corporation has announced that the company is focusing to release Office 2016 sometime this year. This...
Chinese economic growth plunges to its lowest, expands only 7.4% in 2014
BEIJING: Chinese economic growth plunged to its lowest speed and expanded only 7.4pc in 2014. It is expected to lose...
Port of Shanghai handles record 35.2m containers in 2014
BEIJING: Port of Shanghai has wrapped up the year with a new record in the number of handled containers reaching...
Dubai exempts customs duties on Singaporean products
SINGAPORE:Dubai Customs has implemented the GCC-Singapore Free Trade Agreement, which provides for the full exemption of customs duties for products...
