KARACHI: The Pakistan Customs has been trying to recover the legitimate tax money from Pakistan International Airlines (PIA), Shaheen International...

Mobilink served show cause notice for tax evasion

bySohail Rab

05/08/2014

KARACHI: The Collectorate of Customs Adjudication-I has served show cause notice to M/s Pakistan Mobile Communication Limited (Mobilink) for its...

FBR withdrawal of duty on steel sheet plunges fans’ price

byNadir Khan

04/08/2014

PESHAWAR: The prices of electric homemade room coolers and fans in Peshawar dropped after Federal Board of Revenue (FBR) has...

Dubai to observe Global Trade Development week from Oct 27-29

byCustoms Today Report

04/08/2014

DUBAI: Dubai Customs has announced a partnership with Global Trade week 2014 under the patronage of Sultan bin Saeed Al...

Gujranwala region: FBR to bring 10,000 evaders under tax net

byM Hayat

04/08/2014

SIALKOT: Federal Board of Revenue (FBR) has decided to bring about 10,000 small traders and businessmen under the tax net...

Hyderabad Customs reluctant to fill vacant seats

byAslam Anjum Qureshi

04/08/2014

HYDERABAD: Hyderabad Customs has failed to appoint new officers on many vacant seats tax officers even after passing 40 days....

Chinese delegation visits LCCI President

byCustoms Today Report

04/08/2014

LAHORE: A two member Chinese delegation led by Vice Chairman Sub Council of Chinese Chemical Industry Ma Chunyan called on...

FBR to tighten the noose around Swiss depositors

byM. Faizan

04/08/2014

ISLAMABAD: Federal Board of Revenue has decided to tighten the noose around Pakistanis having black money in Swiss banks and...

Ovaltine customs values reduced by 15pc

byCustoms Today Report

04/08/2014

KARACHI: The Directorate General of Customs Valuation has re-determined the customs values of Ovaltine by revising downward up to 15...

FBR exceeds revenue target by Rs 1 billion in July

byM. Faizan

04/08/2014

ISLAMABAD: The committed work of field formation officers under new acting Chairman helped the Federal Board of Revenue (FBR) in...

Rupee devalues by 47.1pc against dollar from 2008-13

byM Arshad

04/08/2014

ISLAMABAD: Pakistani Rupee devalued approximately 47.1% against US Dollar during period from 2008 to 2013. Rupee met with the worst...

Finance Ministry all set for amending FERA Act, repealing EPFO

byM Arshad

04/08/2014

ISLAMABAD: The Ministry of Finance has made full preparations to introduce Bill to amend the Foreign Exchange Regulation Act, 1947....

Mobile phone companies deposit Rs162,149m GST in five years

byM Arshad

04/08/2014

ISLAMABAD: Mobile phone companies have deposited Rs 162,149 million on account of GST during the last five years. Cellular companies...

FBR acting Chairman to visit Karachi Customs House next week

bySohail Rab

04/08/2014

KARACHI: The Federal Board of Revenue acting Chairman Shahid Hussain Asad is likely to visit Karachi Customs House next week....

IOCO starts listing genuine importers

bySohail Rab

04/08/2014

KARACHI: The Input-Output Co-efficient Organization (IOCO) of Federal Board of Revenue (FBR) has started to compile the list of genuine...

20 Chinese locomotives arrive at Karachi port

byCustoms Today Report

02/08/2014

KARACHI: A Chine ship Da Yu Xia carrying second batch of 20 locomotives has arrived at the Karachi port. After...

Sindh stamp duty’s collection up; Target missed

byCustoms Today Report

02/08/2014

KARACHI: The Sindh government collected Rs6 billion from stamp duty during the previous fiscal year against Rs4.6 billion last year....

Iranian POL products smuggling into Pakistan continues, FBR tells Senate

byCustoms Today Report

02/08/2014

ISLAMABAD: Despite hectic efforts and introduction different strategies, the smuggling of petroleum, oil and lubricants (POL) products into Pakistan through...