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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
Three caught for smuggling endangered tree plants
COLOMBO: A Sri Lankan and two Indians possessing a stock of 48 kgs of ‘Walla-patta’ worth Rs 38.4 million were arrested...
Tariq Ahad assumes charge as Director General R&A
ISLAMABAD: Tariq Ahad Nawaz has assumed charge of the post of Director General of Reforms and Automation. Federal Board of...
Show-cause notices issued to high officials of PQA
KARACHI: Ministry of Ports and Shipping has issued show-cause notices to seven Grade-20 officers of Port Qasim Authority. Following the...
MoC sets up cell for monitoring trade with India
LAHORE: Federal Commerce Minister Khurram Dastgir has said that the Ministry of Commerce (MoC) has established an ‘India Cell’ to...
Reverse cargo clearance: US wants FBR to allow time delay
ISLAMABAD: The DG Directorate General of Transit Trade will submit comment to the Federal Board of Revenue (FBR) n a...
Sale of Eurobonds revived foreign investors’ confidence: Dar
ISLAMABAD: Pakistan’s Finance Minister Senator Ishaq Dar has said that the sale of Eurobonds has offered a number of economic...
Provisions invoked to check evasion: I&I-IR unearths Rs5b revenue leakage
ISLAMABAD: Pakistani tax investigators have invoked the provisions of Avoidance of Double Taxation and Prevention of Fiscal Evasion between Pakistan...
Amount for refund claims doubled: FBR to rope in 0.1m new taxpayers annually: Bajwa
FAISALABAD: Federal Board of Revenue Chairman Tariq Bajwa reiterated the government’s resolve to expand tax net by bringing in new...
ONO issued against M/s Shaikh Tube Mills on mis-declaration; Rs7,764,732 due taxes to be paid
KARACHI: The Collector of Customs, Adjudication-I has issued an Order-in-Original (ONO) No. 520/2013-14 against M/s Shaikh Tube Mills and its...
Importers hail Yahya’s appointment as DG Customs Valuation
KARACHI: Importers, traders and other stakeholders expressed their contentment over the appointment of Muhammad Yahya as Director General (DG) Customs...
Maritime silk route to boost connectivity between Asia-Pacific
BEIJING: China’s new initiative to build a maritime silk route to boost connectivity between the Asia-Pacific region and the Indian...
The issue of valuation guidelines
FBR has placed valuation guidelines for selected 136 imported items for all over the country with the objective to discourage...
A historic return to int’l bond market
ISLAMABAD: After pause of seven years, Pakistan has again appeared on the radar screen of global investors by launching $2...
Installation of scanners for reverse Afghan cargo in the offing: Javed Ghani
KARACHI: Pakistan has enormous potential for becoming the hub of regional transit trade and Prime Minister’s initiative to build 2,000...
Contract of LNG terminal construction at Port Qasim granted
KARACHI: The contract for construction of LNG terminal at Port Qasim, Karachi, has been granted to Elengy Terminal Pakistan Limited...
Indian officials arrive next week to discuss cross-LoC trade
NEW DELHI: Pakistan and Indian officials will meet next week in Islamabad for continuing uninterrupted cross-Line of Control (LoC) trade...
100,000 taxpayers to be brought into net within current FY
ISLAMABAD: Federal Board of Revenue has planned to bring one hundred thousand individuals and businesses in the tax net before the...
FBR staff performance evaluation: Integrity Management to figure high
ISLAMABAD: The Federal Board of Revenue (FBR) has decided to attach performance evaluation of all taxation employees with Integrity Management...
Revision of tax collection target needs economic managers’ attention
LAHORE: Downward revision in the tax collection target should be a concern for the economic managers who are already sacrificing...
Majority of Customs & Excise Group covets PCS
ISLAMABAD: Majority of officers from BPS 1 to 16, numbering 6,517, belong to the Customs and Excise Department have coveted...
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