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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
$39 billion deficit tumbles Saudi economy
RIYADH: World largest crude oil exporter Saudi Arabia has faced financial crisis due to lower oil prices and OPEC refusal of...
Stocks gain 129pts, 0.40% to rise to 32129pt; eye new highs of 33,000pts
KARACHI: Stocks continued moving upward in a confident manner and seemed to have set eye on 33,000 mark as Karachi...
Bangladesh telecom invested Tk 9,800cr to boost industry
DHAKA: The development of their network for voice and data services Bangladesh four private mobile companies invested around Tk 9,800...
World Bank ready to provide $500 million to Bangladesh for riverbank improvement
DHAKA: The World Bank (WB) continues to show its confidence on Bangladesh government and provide another loan of USD 500...
Recovery drive continues against importer for evading duties, taxes
KARACHI: The special recovery cell of the Model Customs Collectorate (MCC) of Exports, in its ongoing crackdown on tax defaulters,...
Govt starts registering traders under SRO-608
ISLAMABAD: The government has started registration of the traders as prescribed in SRO-608 and notices have been issued to them....
Customs warehouse left with no space to keep seized goods
KARACHI: The warehouse of the Directorate General of Customs Intelligence and Investigation is out of space to keep seized...
RTO employees baton-charged in Lahore
ISLAMABAD: The employees of regional tax office were baton charged in Lahore and Federal Revenue Alliance Employees Union President Abdul...
Customs authorities start preparing ONO in Rs 772m Q-Mobile tax evasion case
KARACHI: The adjudication authority of Pakistan Customs has started to prepare final Order-in-Original (ONO) in tax evasion case of Rs...
Adjudication-I Collector Qureshi going on 10-day leave from Dec 29
KARACHI: Collector of Customs Adjudication-I Dr Farid Iqbal Qureshi is going on 10-day leave from 29 December. Collector of Customs...
CDA to increase 2pc tax on property, water charges
KARACHI: The Capital Development Authority (CDA) has decided to increase 2% tax on property and water charges. The summary has...
FBR starts deliberations to convert CNICs into NTNs
ISLAMABAD: The Federal Board of Revenue (FBR) has started deliberations to convert computerized national identity cards (CNICs) into...
Excise starts probe against suspended officials
LAHORE: The Excise and Taxation Department has started investigation against officials who were suspended over corruption and irregularities....
Regional Tax Offices to take action against tax defaulters
KARACHI: The RTO's and LTO's have started an action against the tax defaulters. The Federal Board of Revenue (FBR) had...
Net Domestic Assets of banking system expand up to Rs 743 billion
ISLAMABAD: The Net Domestic Assets (NDA) of the banking system of Pakistan have expanded up to Rs 743 billion in...
15 FBR arrested employees released on bail
LAHORE: Federal Board of Revenue (FBR) arrested employees have been released on bail here on Thursday. The employees Federal Revenue...
Rift in chief commissioner, union relations: Police arrests 15 FBR officials
LAHORE: Lahore Police has arrested at least 15 Federal Board of Revenue (FBR) employees from the Regional Office here Wednesday. According...
56 suspected Chinese visitors arrested in Hong Kong
BEIJING: Fifty-six mainland Chinese visitors have been arrested in a series of pre-Christmas immigration raids, Hong Kong officials said.The tourists,...
China customs cracks drug trafficking case of 72kg ice, 4 cars seized
BEIJING: The anti-smuggling bureau of Mengding customs House had cracked a really big drug trafficking case in which 72 kilograms...
China customs seizes 132 undeclared mink skins
BEIJING: Shenzhen Customs District seized 132 mink skins hidden in passenger’s luggage. Officers of Huanggang Customs House (affiliated to Shenzhen...
