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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
9 inspectors, 28 senior preventive officers promoted
KARACHI: Model Customs Collectorate of Preventive has promoted nine Inspectors of Preventive Service (BS-16), to Superintendents of Preventive Service (BS-16)...
Cut in duties on imported air guns demanded
LAHORE: Importers of air guns have demanded reduction in customs duty and other taxes on import of air guns. At...
M/s Royal Packages (Pvt) Ltd booked in huge tax evasion of Rs308m
KARACHI: The Research and Development (R&D) Section of Model Customs Collectorate (MCC) of Appraisement-East has detected a case of huge...
Shipping Bill to be enacted soon: Kamran Michael
KARACHI: Federal Minister for Ports and Shipping Kamran Michael has said that the government would soon put the Shipping Bill...
Top cricketers’ undeclared incomes revealed, FBR issues notices
LAHORE: Misbahul Haq, the Pakistani cricket team’s skipper along with Muhammad Hafeez, Azhar Ali and Taufiq Umar have not been...
Chief Collector, Collector inspect examiners’ performance on iPads, tablets
KARACHI: Chief Collector Appraisement-South Nasir Masroor Ahmed and Collector of Model Customs Collectorate of Appraisement-West, Muhammad Saleem along with the...
Rs450m vehicle amnesty scam: Audit of Customs officials’ accounts suggested
KARACHI: The 3-member fact-finding committee comprising MCC Exports Collector Dr Wasif Memon, Additional Director of Directorate of Intelligence and Investigation-Customs...
FBR seizes bank accounts of Al Moeez sugar mill, recovers Rs3m
LAHORE: Federal Board of Revenue has recovered Rs 3 million from bank account of Al Moeez Sugar Mill in Bank...
M/s Eastern Garments booked in tax evasion of Rs96.6m, Contravention Report issued
KARACHI: Model Customs Collectorate of Exports has issued a Contravention Report (CR) against M/s Eastern Garments (Pvt) Limited for violation...
Uniform procedure: Merger of duty-free import schemes likely
ISLAMABAD: The government may merge all temporary importation schemes including Duty and Tax Remission Scheme (DTRE), Manufacturing Bonds Scheme and...
Revenue shortfall may prompt share cut for provinces
ISLAMABAD: Owing the likely shortfall of Rs180 billion in the revenue of divisible pool, the provinces are expected to receive...
Rs2,000b revenue shortfall: TIP reminds Dar of action
ISLAMABAD: The Transparency International Pakistan (TIP) has claimed that the government has failed to implement its recommendation made on the...
Chinese delegation visits Gwadar port
GWADAR: A Chinese delegation visited Gwadar deep sea port to review arrangements for making it functional. On the occasion, Gwadar...
Money changers get immunity from ST
LAHORE: In compliance with the federal government directives, the Punjab Revenue Authority (PRA) has exempted foreign currency dealers and money...
CA deficit rises to $2.16b
KARACHI: Current account deficit in the first 10 months - July-April - of the current fiscal year rose to $2.162...
Pak Customs saves national heritage, 2210 ancient coins seized
ISLAMABAD: Pakistan Customs has confiscated over two thousand ancient coins belonging to middle ages and before from a passenger attempting...
Software on importation of potatoes working in One-Customs
KARACHI: Directorate of Reforms and Automation has formulated software in order to monitor the importation of allocated quota of potatoes...
Fate of sealed petrol pumps: Customs faces hindrance in proceedings
KARACHI: The cold response by most of the Oil Marketing Companies in order to verify the legal status of around...
FTA/PTA certificates mandatory for claiming exemption from customs duty
KARACHI: The Collector of Model Customs Collectorate of Appraisement-East, Najeebur Rehman Abbasi has made it mandatory for all importers and...
Customs judge cancels interim bail of two
LAHORE: Special Judge Customs Tanveer Akbar has cancelled bail of two accused of customs duty evasion in betel leaves scandal...
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