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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
Customs foils bid to smuggle over 15000kg polythene
MULTAN: Customs Intelligence has thwarted an attempt to smuggle 606 bags of Polyethylene (plastic dana) under Arms Cover, having value...
FBR chief asked to take action against 1200 tax evading officials
ISLAMABAD: Finance Minister Senator Ishaq Dar took serious notice of a news item published in a section of press stating...
Customs Intelligence seizes smuggled goods worth Rs438m during 3 months
KARACHI: The Directorate General of Customs Intelligence and Investigation (I&I)-FBR Karachi has seized huge quantity of smuggled goods including 385,000liters...
Collectorate of Customs Adjudication-II recovers Rs47.7m in 10 months
KARACHI: The Collectorate of Customs Adjudication-II has decided 685 cases during the period of 10 months from July 2013 to...
President underlines dry ports role to boost exports
ISLAMABAD: President Mamnoon Hussain has emphasized the need for providing state-of-the-art and best possible facilities to exporters at Dry Ports...
LHC issues notices in plea against tax amnesty scheme
LAHORE: The Lahore High Court (LHC) issued notices to FBR and Attorney General of Pakistan (AGP) while taking up a...
Raise in taxes on real estate, stock market sectors imminent
ISLAMABAD: Federal Government has decided to increase taxes on real estate business and stock market transactions in the next budget....
ST exemption threshold may be reduced for Cottage industry
ISLAMABAD: The Federal Board of Revenue (FBR) has submitted a budgetary proposal to the Finance Ministry regarding reduction in sales...
16pc FED on chartered flights proposed
ISLAMABAD: The Federal Board of Revenue (FBR) has proposed a standard rate of 16 percent Federal Excise Duty (FED) on...
ACAAP, PIFFA and PSAA to sign MoU to establish joint database
KARACHI: The three associations of service providers including Air Cargo Agents Association of Pakistan (ACAAP), Pakistan International Freight Forwarders Association...
Director General Customs Intelligence due in Karachi today
KARACHI: Director General of the Directorate General of Intelligence and Investigation-Customs, Luftullah Virk is due to arrive in Karachi today....
Oath-taking ceremony of elected office bearers of Preventive Association, Club on May 31
KARACHI: The Oath-taking ceremony of the elected office bearers of Preventive Service Officers Association and Preventive Service Officers Club is...
FBR seizes only Rs 12,500 out of Rs10m tax liability of Moeez Steel
LAHORE: Federal Board of Revenue has only been able to recover Rs 12,500 out of the tax liabilities worth Rs...
Another vehicle imported on fake MoC letter confiscated
KARACHI: The Appraisement of Intelligence Bureau (AIB) of Model Customs Collectorate of Appraisement-West has recovered a Mercedes Benz C-200, Model...
Uniform tax on tobacco talked to curb its use
ISLAMABAD: Experts including economists, foreign experts and tax officials have proposed a high uniform specific cigarette excise tax in the...
New tax structure for beverages to replace Capacity tax
ISLAMABAD: The government is planning abolition of capacity tax and introduction of revised Federal Excise Duty (FED) and sales tax...
Budget may bring hike in ST for Steel, ship-breaking sector
ISLAMABAD: The Federal Board of Revenue (FBR) has proposed increase in sales tax rates for steel melters, re-rolling mills and...
91,000 notices issued: FBR optimistic about achieving target for 2013-14
ISLAMABAD: The Federal Board of Revenue (FBR) has issued over 91,000 notices to unregistered persons and potential taxpayers during 2013-14...
WeBOC halves gate-out time of ATT consignments
KARACHI: The gate-out time of the transit consignments after off-loading at the ports has been reduced by half a time...
Over Rs1b non-payment of ST by airlines, Pak Customs moves court
KARACHI: Federal Board of Revenue may suffer loss of over one billion rupees due to clash between two major entities...
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