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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
13 fabric importers booked by MCC Appraisement-West
KARACHI: FBR Model Customs Collectorate (MCC) of Appraisement-West has booked 13 importers on misdeclaration of textile fabric and prepared 54...
Rs60b tax evasion: LHC seeks reply from FBR, NAB, FIA
MULTAN: The Lahore High Court Multan Bench directed the chairmen of the Federal Board of Revenue (FBR) and the National...
Record $15.8b remittances in FY13-14
KARACHI: The country received a record $15.83 billion in remittances from overseas Pakistanis in fiscal year 2013-14, an increase of...
Sanguine SBP says economy starts picking up
KARACHI: After many years of low growth, sentiments about the economy seem to have improved, said State Bank of Pakistan...
Dar rejects MPCL price restructuring plan
ISLAMABAD: Finance Minister Ishaq Dar declined a gas price restructuring plan for Mari Petroleum Company Limited (MPCL) which could not...
FBR to audit 42,000 tax payers for FY2013-14
ISLAMABAD: Audit selection of taxpayers will be held at FBR headquarters in September of this year. The selection will be...
Bringing retailers into tax net
Federal Board of Revenue has devised rules for implementing the taxation steps taken by the government through Finance Bill 2014-15....
Well done FBR
The FBR has collected Rs 324 billion more in fiscal year 2013-14 by collecting Rs 2270 billion against a collection...
ANF truly a strategic institution: Brig Mehmoodul Hassan
LAHORE: The Anti-Narcotics Force (ANF) is truly a strategic institution, striving hard to eradicate drugs business entirely to save future...
2,350 pending cases in apex courts cost Rs 200b to national exchequer
ISLAMABAD: Over 2,350 cases have been pending in apex courts costing Rs 200 billions to national exchequer. "Increasing misunderstanding of...
Collaborative efforts needed for better revenue collection: Tariq Bajwa
ISLAMABAD: FBR Chairman emphasized Members of FBR to expedite the efforts to achieve the revenue target for FY2014-15. As per...
Nasir Masroor asked to redress traders grievances
KARACHI: The traders in a letter to Chief Collector Appraisement -South Nasir Masroor Ahmed demanded to formulate a committee, comprising...
Customs Collectorate of Enforcement-South seizes goods worth Rs25.242m in 40 days
KARACHI: The Collectorate of Enforcement-South seized smuggled goods worth Rs25.242 million in last 40 days. As per details, the Collectorate...
Erum Adnan assumes Commissioner- IR office
LAHORE: Miss Erum Adnan assumed charge as Commissioner Inland Revenue at Lahore Regional office. She is a BPS-20 officer.
Importers seek early sales tax adjustment
KARACHI: Importers and business houses are facing hurdles in getting adjustment of sales tax since July 2013 revision of PRAL...
Dar, Misbah meeting ends cricketers’ tax issue
ISLAMABAD: After finding themselves in hot waters for their tax filings, the members of Pakistan cricket team have requested the...
FC expresses inability to curb oil smuggling from Iran
ISLAMABAD: Citing limited resources, the Frontier Corps has declined to help the government in curbing oil smuggling from Iran into...
FBR to start awareness campaigns about revised finance bill
Islamabad: Federal Board of Revenue (FBR) has decided to organize seminars and conferences with collaboration of chambers of commerce and...
Lahore MCC Appraisement collects additional Rs 182 million in June
LAHORE: The Model Collectorate of Customs (MCC) Appraisement Lahore exceeded monthly revenue recovery of June 2014 by 8 percent, collecting...
MCC Hyderabad collects Rs769.211m, makes 188 seizures of HSD, tyres, auto parts
HYDERABAD: During Financial Year 2013-14, the Model Customs Collectorate Hyderabad has produced remarkable results in its revenue collection and anti-smuggling...
