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
Textile package in Budget 2014-15: 992 new knitwear units registered in a year
ISLAMABAD: The incentives announced in the Textiles Package in Budget 2014-15 by the government has produced good results and some...
Meeting the benchmark targets
According to newspaper reports, Finance Minister Ishaq Dar has expressed his satisfaction on meeting the benchmark targets to qualify for...
Officials Seize $27M in Smuggled Goods on Burma, China Border
RANGOON: Mobile government teams tasked with curbing smuggling along the Burma-China border near Muse have seized illicit goods, including gemstones,...
Customs Exports issues bank account attachment notice to recover govt dues
KARACHI: The Special Recovery Cell of Model Customs Collectorate-MCC (Exports) in its continuous efforts towards recovering the government dues has...
ANF Lahore seizes 5kg chars, 150g opium
LAHORE: Anti-Narcotics Force Lahore arrested two and recovered 5kg chars and 150g opium. ANF road check team intercepted a Suzuki...
Chairman SITE warns of export decline due to scarcity of water in industrial areas
KARACHI: President, SITE Association of Industry, Muhammad Jawed Bilwani has lauded the Supreme Court decision having a sigh of relief...
China witnesses 85% increase in metallurgical coke export
BEIJING: China has showed 85% increase in the exports of metallurgical coke in 2014 which reached to 85.1 million metric...
Customs I&I detects Rs20m mis-declaration: ONOs issued against Packages Ltd, Saima Packages, other packaging companies
KARACHI: The Collectorate of Customs Adjudication-I has issued Order-in Original (ONOs) against various packaging companies including M/s Packages Pvt Limited,...
Finance Ministry to explain policy on privatization of Roosevelt Hotel, New York, in National Assembly today
ISLAMABAD: Finance Ministry is likely to explain government’s policy regarding privatization of Roosevelt Hotel of Pakistan International Airlines (PIA), New...
Planning and development division releases Rs27 billion funds for unapproved projects
ISLAMABAD: Convener standing committee for planning and development Senator Nisar Muhammad has asked for details of three billion funds released...
Chief Commissioner LTU asked to redouble efforts for achieving target revenue
ISLAMABAD: Chairman FBR Tariq Bajwa met Chief Commissioner Large Tax payer Unit (LTU) at FBR house where Chief Commissioner informed...
China iron ore imports hit fresh record high in 2014, up 13.8% to 932.5m tonnes
BEIJING:China's iron ore imports hit a fresh record in 2014, jumping 13.8 percent to 932.5 million tonnes, as lower cost...
China customs catches Hong Kong man with 94 iPhones strapped to body
BEIJING: A man has been caught trying to smuggle 94 iPhones into China by strapping them all to his body,...
Russia, China trade grow 6.8% to $95.28 billion in 2014: Customs
MOSCOW: The Russian,Chinese trade turnover grew 6.8% to $95.28 billion in 2014, the Chinese customs department reported on Tuesday. As...
Bangladesh trade suffers losses due to blockade on land ports
DHAKA: Bangladesh government has been suffering heavy revenue losses over the last week with the country's export-import through the major...
Bears run through stocks as KSE sheds 181pts, 0.54pc; down to 33237pts
KARACHI: Stocks plummet, extending losses as benchmark KSE 100-index lost 181.15 points or 0.54 percent to fall to 33237.05 points...
Galaxy Tab 10.5 vs Galaxy Note II vs Sony Xperia T3 vs Oppo Find 5: Tab 10.5 outclasses all rivals
LONDON: The winter doldrums have arrived in Android update land. There were a few security updates, bug fixes, and KitKat...
Canada Stocks TSX opens lower as energy shares drop with oil price
TORONTO: Canadian stocks (TSX) fell a second day, headed for the lowest level in more than three weeks, as commodities...
Customs Exports issues notice to Virani Traders for not paying Rs 10m dues
KARACHI: The Special Recovery Cell (SRC) of Model Customs Collectorate-MCC Exports, while following the directives of Collector Manzoor Hussain Memon,...
IOCO starts determining input/output ratio of exporters seeking exemptions under SRO-450(I)
KARACHI: The Input-Output Co-efficient Organisation (IOCO) has started to determine the input/output ratio of the exporters who applied for Duty...
