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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
LCCI felicitates new SBP Governor Ashraf Wathra
LAHORE: Lahore Chamber of Commerce and Industry has felicitated newly appointed State Bank of Pakistan Governor Ashraf Mahmood Wathra and...
Customs sends confiscated cigarettes as fuel to power plant
ZHANJIANG: Chinese customs and tobacco authorities have destroyed 375,890 cartons of smuggled cigarettes worth $ 3.6 million in Zhanjiang city...
FBR announces transfer of Grade-20,19 officers
ISLAMABAD: Federal Board of Revenue has announced transfer/posting of senior PCS officers including one Grade-20 and one Grade-19 officer. The...
WeBOC resumes after 2h blockage
KARACHI: Pakistan Telecommunication Authority (PTA) has restored Web Based One Customs (WeBOC)-computerised system after almost 2 hour blockage. PTA informed...
Finance Ministry, FBR adamant: Food Ministry wants 10pc GST on tractor
ISLAMABAD: The Finance Ministry and Federal Board of Revenue (FBR) have reportedly refused to help out local tractor industry. However,...
Collector Shahanshah retires on May 3
ISLAMABAD: Federal Board of Revenue has announced the retirement date of Collector Syed Shahanshah Hasnain of Collectorate of Customs Adjudication-I....
SROs 1125(I), 565 & 575: PEF seeks rationlisation to check misuse
KARACHI: Citing massive misuse of concessions that have been causing severe blow to the national exchequer, Pakistan Economy Forum (PEF)...
LSE looses 10.59 points
LAHORE: Lahore Stock Exchange witnessed bearish trend by losing 10.59 points, as the LSE Index-25 opened with 5233.90 points and closed...
FBR may take stern action against big guns
ISLAMABAD: Federal Board of Revenue has reportedly decided to act sternly against the tax defaulters amongst the big guns of...
Study to weigh up pros of slash in ST rate underway
ISLAMABAD: A comprehensive study is being conducted to weigh up benefits of lowering rate of sales tax and expected increase...
Collectorate of Adjudication-I seizes vehicle through ONO
KARACHI: Collectorate of Adjudication-I Collector Syed Shahanshah Hasnain has issued Order-in-Original (ONO) No. 551/2013-14 through which Pakistan Customs has out...
Bajwa briefs lawmakers: FBR proposes e-volume tracing
ISLAMABAD: If the proposal accepted in the budget for 2014-15, the Federal Board of Revenue (FBR) will introduce “electronic volume...
FBR holds taxpayers facilitation workshop in Lahore
LAHORE: Federal Board of Revenue has held an interactive workshop at Directorate of Training (DOT), Lahore to interact with the...
SBP asks banks to facilitate special clearing
KARACHI: The State Bank of Pakistan (SBP) has directed all banks to open their respective branches till such time necessary...
Customs General Order issued for clearance of US/NATO/ISAF cargo by air
KARACHI: Federal Board of Revenue through a Customs General Order (CGO) No.01 of 2014 issued on April 28 has given...
Around 1500 PRAL employees deprived of their monthly salary
KARACHI: The staffers of PRAL Department are deprived of their monthly salary of March, 2014. The sources in PRAL Department...
ASF confiscates over 2kg heroin at airport
LAHORE: Airport Security Forces at Allama Iqbal International Airport have seized more than 2 kg heroin and arrested three persons....
Turkish customs apprehends 61kg heroin
EDIRNE: Customs officers in Turkey have detained 61 kg of heroin in a Bulgarian truck as the driver tried to cross the border...
Tax exemption culture continues despite contrary commitments
LAHORE: Promotion of tax exemptions culture continues to date despite the commitments of the present government on the contrary policy....
More freight locomotives arrive from China
KARACHI: The second consignment of four railway engines has arrived from China at the West Wharf of Karachi Port Trust....
