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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
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...
Collectorate of Adjudication-I issues 14 ONOs
KARACHI: Customs Collectorate of Adjudication-I has issued 14 Orders-in-Original (ONOs) in four days i.e. from 14 April to 17 April,...
FTO orders FBR to take action against officials for highhandedness
ISLAMABAD: Federal Tax Ombudsman Abdul Rauf Chaudhry has directed Federal Board of Revenue to take action against certain tax officials...
ECNEC meeting: Dar approves projects worth Rs62b
ISLAMABAD: Federal Minister for Finance, Senator Mohammad Ishaq Dar chaired the meeting of the Executive Committee of the National Economic...
Rupee appreciation: govt urged to compensate leather garments exporters
LAHORE: Major (R) SH. M. Rafique Sethi Chairman PLGMEA (NZ) has urged the govt. to review the grave situation of...
