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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
Secretary asks Chief Collector to foil smuggling of POL products
KARACHI: Secretary Law and Procedure Fazl-e-Samad through a letter has asked the Chief Collector of Customs Enforcement-South Muhammad Nazim Saleem...
MCC Appraisement-West announces auction schedule for June
KARACHI: Model Customs Collectorate of Appraisement-West on the directives of Collector, Muhammad Saleem has announced an auction schedule for the...
Sialkot Chamber rejects proposed increase in sales tax on exports
SIALKOT: Dr. Sarfraz Bashir, President Sialkot Chamber of Commerce & Industry has expressed his great concern over proposed increase in...
Problems myriad, resolve rock solid: Kamran Michael
ISLAMABAD: Federal Minister for Ports and Shipping Senator Kamran Michael stated that the efforts undertaken for the revival of the...
FBR begins manual audit of selected cases
ISLAMABAD: The Federal Board of Revenue has started selecting cases for manual audit under Section 177 of the Income Tax...
Govt sets to implement AIT law vigorously
ISLAMABAD: The government is planning vigorously implementing the Agriculture Income Tax (AIT) Law from the new fiscal year (2014-15), making...
Slash in capital gains tax on the cards
ISLAMABAD: The federal government is most likely to reduce burden on income from shares trading by over 28 percent and...
FBR may make mandatory specifying one ‘identifier’ for businessmen
ISLAMABAD: The Federal Board of Revenue (FBR) has proposed mandatory requirement for business community in budget (2014-15) to specify at...
FBR wants 6pc non-adjustable FED on sugar in budget
ISLAMABAD: The Federal Board of Revenue (FBR) has proposed rationalization of 8 percent adjustable Federal Excise Duty with 6 percent...
APBUMA bemoans hike in ST on exports
KARACHI: All-Pakistan Bedsheets and Upholstery Manufacturers Association (APBUMA) has expressed concern over the proposed increase in sales tax on exports...
Dollar jumps in open market ahead of summer vacations
KARACHI: After staying stable for over a month and a half, US dollar crossed Rs 100 mark in the open...
Bajwa briefs Dar on phase-wise SRO withdrawal
ISLAMABAD: Federal Board of Revenue Chairman has delivered a detailed presentation to Finance Minister Ishaq Dar on the plan for...
Pak Youngsters becoming fond of heavy bikes, imports soar manifold
KARACHI: Import of new and used heavy bikes has increased sharply during the ten months of the current fiscal year...
Certified, quarterly ST returns filing for commercial entities in the offing
ISLAMABAD: Finance Ministry on proposals of Federal Board of Revenue may introduce fresh regulations in the upcoming budget to reduce...
Govt succumbs to int’l pressure, NGOs to have tax exemption
ISLAMABAD: Succumbing to the international pressure, the govt has turned down the decision to bring NGOs in the tax net....
Officials propose FBR to introduce two slabs for import duties
KARACHI: Officials of Pakistan Customs have put forward some recommendations before Federal Board of Revenue Chairman Tariq Bajwa and Member...
FBR denies tax waiver to Najam Sethi
ISLAMABAD: Federal Board of Revenue (FBR) clarified that tax waiver was not granted by government to PCB Chairman Najam Sethi....
SROs dealing Rs500b blow to exchequer annually
ISLAMABAD: The national exchequer has been suffering financial losses to the tune of Rs500 billion annually on account of exemptions...
Uniform ST for 5 sectors: Abolition of tax exemption for edu institute proposed
ISLAMABAD - The government is contemplating eliminating tax exemption to the foreign private educational institutes in the upcoming budget 2014-15....
LHC puts off urban property tax case
LAHORE: The Lahore High Court directed the government to submit four-year audit reports of all union councils in the province...
