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IMF forecasts slower growth, higher inflation for Pakistan

byCT Report

Govt raises petroleum levy; taxes hike petrol, diesel prices

Experts urge expansion of Third Schedule in sales tax regime

FPCCI felicitates nation, Pak Army on one year of Marka-e-Haq

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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

ANF foils smuggling bid, seizes 1kg heroine

bySohail Rab

KARACHI: Anti-Narcotics Force (ANF) has foiled an attempt of smuggling heroine from Jinnah International Airport. According to details, an ANF...

Iranian ports attract foreign companies

TEHRAN: Head of Iran’s Shipping Lines Mohammad Hossein Dajmar has announced that foreign companies from various countries have begun their...

Czech customs seize ivory

PRAGUE: Czech customs officials arrested a man smuggling 33 kg of elephant tusks at the Prague International Airport. The smuggler...

WTO Bali accord: Pakistan to open routes for transit trade

ISLAMABAD: Pakistan is likely to open land routes for transit trade under an international agreement signed in December last under...

Bogus sales tax refund: FBR averts huge loss to exchequer

ISLAMABAD: The Federal Board of Revenue (FBR) Intelligence Wing foiled alleged attempts by a plastic manufacturer to deal a huge...

Collection of customs duty stands at Rs19b in January

KARACHI: Collection of customs duty on imported items is reportedly low against the target set by FBR due to lesser...

Attempt to smuggle US dollars thwarted

LANDI KOTAL: Two persons were arrested by authorities during an attempt to smuggle $300,000 to Afghanistan via Torkham border. Security...

Vigilance of Pak-Afghan trade: FBR should install scanners

ISLAMABAD: Despite having assured the apex court about three months ago, the Federal Board of Revenue (FBR) appeared ‘dillydally’ to...

Freight train remains most neglected sector in past: Saad Rafique

byM Hayat

LAHORE: Pakistan Railways Minister Khawaja Saad Rafique has said that freight trains have been the most neglected sector in the...

FBR unveils risk-based ST registration system

ISLAMABAD: With a view to forcing the pace of sales tax registration process in 2014, the Federal Board of Revenue...

FBR issues NTNs to all MPs

ISLAMABAD: In an attempt to make public the tax details of members of National Assembly, Senate and provincial assemblies, FBR...

UNODC, Norway laud track record of seizures by Pakistan Customs, ANF

KARACHI: United Nations Office on Drugs and Crime (UNODC) and the Embassy of Norway in Pakistan have presented the results...

Senate body seeks report from PQA on land allottments

KARACHI: Senate Standing Committee on Ports and Shipping has directed the authorities at Port Qasim to submit a detailed report...

Assets declaration: FBR sets Feb 10 as deadline for officers

ISLAMABAD: The Federal Board of Revenue (FBR) has withheld the promotion and training cases of a number of tax officials,...

Exports on fake documents: Customs up to blow money laundering nexus

ISLAMABAD: The Model Customs Collectorate (MCC) Exports capture of consignments being exported on fake documents prompted Pakistan Customs to plan...

Sales tax registration policy opposed by surgical forging units

SIALKOT: Surgical forging units have opposed the sales tax registration policy of the Federal Board of Revenue. Surgical Instruments Manufacturers...

MCC grants on-spot inspection during India show

LAHORE: Customs authorities in Lahore have been allowed on spot inspection of the goods to be imported for India Show...

FBR shows record 26pc growth in January revenue collection