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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
Pakistan shortest, secure transit trade corridor: DG Farid
KARACHI: “Pakistan as always remains the shortest, the most economical and the most secure Transit Trade corridor for land-locked Afghanistan,”...
FBR braces for reply to address concerns of Japanese automobile companies
ISLAMABAD: In pursuance of the explanation sought by Finance Minister Ishaq Dar, the Federal Board of Revenue (FBR) is busy...
Director Rashid holds meetings to determine Customs Valuation of ink, auto parts scrap, tractor parts
KARACHI: Director Directorate General of Customs Valuation Abdul Rashid Sheikh chaired three separate meetings with the stakeholders on Tuesday to...
Domestic debt composition major culprit behind public debt increase: Finance Ministry
ISLAMABAD: The Finance Ministry has termed composition of domestic debt as main reason for the increase in public debt, Customs...
Collector Ranjha adjourns tax evasion case of SM Food Company
MULTAN: Collector Adjudication Saleem Ahmad Ranjha adjourned for an indefinite period the misdeclaration of customs duty evasion case of...
Achieve your target or be ready for action, excise secretary warns officials
LAHORE: Stern action will be taken against the excise officials who will not achieve their targets for the property tax...
KTBA writes to FBR about 34% tax rate for companies in e-filing portal
KARACHI: The Karachi Tax Bar Association (KTBA) has written a letter to FBR Chairman Tariq Bajwa regarding 34 percent tax...
Uganda envoy invites Pakistani investors for joint ventures
Dr Mohamed Ahmed Kisuule says it is high time for Pakistani businessmen to establish themselves in Uganda to tap available...
LCCI smells a rat in gas closure to Punjab industry
LCCI president says government’s discriminatory attitude has put question mark on its ability to manage and govern things LAHORE:...
ASO impounds Toyota Celica in Sahiwal
MULTAN: The Anti-Smuggling Organisation (ASO) has seized a sports vehicle Toyota Celica. The ASO seized the sports vehicle (RT-630 Islamabad)...
Pakistan Steel Mills needs Rs 500 million boiler
KARACHI: The Pakistan Steel Mills (PSM) needs a new boiler worth Rs 500 million to continue production. PSM spokesman Shahzam...
LHC adjourns luxury tax case until 20th
LAHORE: The Lahore High Court has adjourned hearing against luxury tax until 20 November. The Punjab government has imposed a luxury tax...
Commerce Minister calls on CM Shahbaz
LAHORE: Federal Commerce Minister Khurram Dastagir Khan called on Punjab Chief Minister Shahbaz Sharif. Matters relating to economic development, energy...
Cross-border trade via Wahga not yet normalised
LAHORE: Trade between Pakistan and India has not been normalised in the wake of recent suicide bombing at the Wahga...
Case of seized Lexus gets remanded back to Customs Adjudication
MULTAN: The case of a seized Lexus vehicle worth Rs 7.5 million has been remanded back to the Customs...
BMW to usher in new era of battery-powered cars
BERLIN: Though BMW is not selling its i3 and i8 battery-powered cars. Yet, it has already established a leadership role...
Karachi Goods Carrier Association complains against tax overcharging
KARACHI: Tax collection from the empty and loaded vehicles has become a complex issue. Goods' companies and drivers demanded that...
Trade slowed despite purchase of 1 million cotton bales
Karachi: Trade remained low despite selling of 1 million cotton bales by the Trading Cooperation of Pakistan last week....
FBR transfers 13 IRS officers of Grade 17-19
ISLAMABAD: FBR has transferred and posted 13 IRS officers of Grade 17-19. Following officers are transferred:
FBR transfers 4 IRS officers of BS 19-21, Syed Ijaz Husain made Member Taxpayers Audit
ISLAMABAD: FBR has announced transfers/postings of four of Inland Revenue Service (BS-19-21). Following officers are transferred: Syed Ijaz Husain (Inland...
