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Chinese Minister Yu Guangzhou visits Italian Customs agency, signs agreements of bilateral cooperation
BEIJING: Minister Yu Guangzhou paid a visit to Italian Customs and Monopolies Agency and held a bilateral meeting with Mr....
Chinese minister Yu holds bilateral meeting with head of Italian Finance Police
HONG KONG: Minister Yu Guangzhou paid a visit to the headquarters of the Italian Finance Police and held a bilateral...
Russian economic crisis endangers global markets
MOSCOW: Russia's suddenly escalating financial crisis risks spilling beyond its borders and endangering parts of the global economy. With economies...
Rupee remains stable vs dollar at 100.2 in inter bank
KARACHI: The Pakistani rupee on Wednesday remained stable against US dollar, however, it shed value in open market as stock...
Russian arms sales increase by 20%
MOSCOW: Russian arms sales was increased by 20 percent in 2013, which outweigh a big drop among other industrialized countries...
Lost control on ruble: Russia’s next financial option may be ‘nuclear’
MOSCOW: The Russian Central Bank has ostensibly lost control of the ruble, which lost more than 20% in just hours...
China looks to widen investment up to $3b in Central, Eastern Europe
BELGRADE: China’s government official said, it would create a new investment fund of $3 billion (2.4 billion euros) targeting central...
KSE-100 suffers massive losses of 814pts, down 2.57% over Peshawar school attack
KARACHI: The Karachi Stock Exchange benchmark KSE 100-index Tuesday lost massive 813.82 points or 2.57 percent to reach 30876.28 points,...
Customs Audit unearths another Rs20m irregularities in clearance of steel billets
KARACHI: The Directorate General of Internal Audit-Customs, while continuing its efforts to unearth leaking revenue, has established more audit paras...
WeBOC becomes operational at Wahga border
LAHORE: The Web-Based One Customs (WeBOC) software has become operational at Wahga border. The software has been made functional after...
Excise Dept withdraws fine on token tax until 31 Dec
LAHORE: The Excise and Taxation Department has waived off 100-percent fine on token tax until 31 December. According to excise...
Govt decides to withdraw tax on cotton seedcake
MULTAN: The government has withdrawn sales tax on cotton seedcake after meetings with the Pakistan Cotton Ginners Association (PCGA). PCGA...
Excise Dept to issue notices to token tax defaulters
KARACHI: The Sindh Excise Department has decided to issue notices to the car owners that did not pay token tax....
Appraisement-East to form ‘Post Release Verification Cell’ for audit process
KARACHI: The Model Customs Collectorate-MCC of Appraisement (East) has decided to form Post Release Verification (PRV) Cell for initiating audit...
FBR calls meeting to remove reservations of textile industry
KARACHI: The Federal Board of Revenue (FBR) has called a meeting on Wednesday (today) to remove the reservations of textile...
PRAL to share import, export data with Customs Internal Audit
KARACHI: The PRAL, a private firm, which keeps the import and export data of Pakistan Customs while following the directives...
Govt allows export of 500,000 metric tonnes sugar
LAHORE: The government has allowed sugar mills to export 500,000 metric tonnes sugar as per the terms and conditions. Accordingly,...
Collector Seema orders seizure of Land Cruiser on tampered chassis number
ISLAMABAD: Model Customs Collectorate Adjudication Collector Seema Raza Bukhari has ordered to seize Toyota Land Cruiser V-8 model 2008 after...
Golden chance for taxpayers to file tax returns without fine
ISLAMABAD: The last date to file tax returns was December 5 and the government did not allow further extension. If...
Wagha gets WeBOC Land Border Customs Station module
KARACHI: Implementation and roll-out of WeBOC Land Border Custom Station module has been successfully launched at Wagha Model Customs...
