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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
Amend to AML Act: FBR pinpoints 26 tax offences under IR laws
ISLAMABAD: The Federal Board of Revenue has pinpointed 26 serious tax crimes pertaining to all the three Inland Revenue laws...
DGI&I suggests FBR to deal with banned oil import
ISLAMABAD: While endorsing the viewpoint of ghee/cooking oil industry on the illegal import of banned and used cooking oil, Directorate...
Govt losing millions on import of galvanized steel sheets in garb of alloy steel
KARACHI: Federal Board of Revenue is facing loss of millions of rupees in terms of tax evasion on mis-declaration on...
Alleged tax evasion: I&I-IR grilling top executives of IT firm
ISLAMABAD: The Directorate General of Intelligence and Investigation Inland Revenue (IR) has interrogated executives of an international IT giant for...
Impact of PM tax package, amnesty: FBR to brief Senate body on April 8
ISLAMABAD: The Senate Standing Committee on Finance has directed the Federal Board of Revenue (FBR) to give in detail impact...
Tax incentives at SEZs: FBR vets PBIT proposal
ISLAMABAD: The Federal Board of Revenue is contemplating the proposal of Punjab Board of Investment & Trade (PBIT), seeking amendment...
FBR withdraws duty concession on BOPET film import
ISLAMABAD: The Federal Board of Revenue (FBR) has amended SRO 565(I)/2006 through an SRO 221(I)/2014 to withdraw concessionary rate of...
Car dealers, owners to be fined for unregistered vehicles
LAHORE: Provincial Minister for Finance, Excise and Taxation Mujtaba Shuja-ur-Rehman has said that Rs 5,000 to Rs 10,000 fine will...
WHT demand for July-Mar: Audit to help FBR recover Rs32b
ISLAMABAD: Effective monitoring and audit of withholding agents will help the Federal Board of Revenue (FBR) to ensure substantial recovery...
ANF arrests six drug peddlers
LAHORE: Anti Narcotics Force has carried out six operations in Rawalpindi, Lahore, Kasur, Peshawar and Karachi arrested six drug peddlers including...
Growth of trade to augment by mid April: Collector Muhammad Saleem
KARACHI: The growth of trade would be augmented by the mid April, 2014. This was revealed by the Collector of...
Show-cause notice against PTCL, contractor, clearing agent issued
KARACHI: Customs Collectorate of Adjudication-I has issued show-cause notice against M/s Pakistan Telecommunication Limited (PTCL), its local contractor M/s Huawei...
MOVING AHEAD
To, Federal Minister for Finance, Ministry of Finance, Government of Pakistan, Islamabad The Chairman, Federal Board of...
Granting NDMA status to India
Islamabad is seriously considering granting Non Discriminatory Market Access (NDMA) status to New Delhi in the aftermath of a lucrative...
Auctioning next generation technologies
ISLAMABAD: The government is all set to fetch at least $1.6 billion into national kitty by auctioning next generation technologies...
New venues must to boost exports: Karim Ahmed Khawaja
ISLAMABAD: The performance of the Commerce Ministry has been impressive under the leadership of Federal Commerce Minister Eng. Khurram Dastgir...
Revenue collection can be enhanced by 1,000pc: Zuberi
LAHORE: The revenue collection can be enhanced by 1,000 percent provided the Federal Board of Revenue (FBR) rationalise policies and...
MCC Lahore seizes vehicles, goods worth Rs220m in 9 months
LAHORE: Anti-smuggling wing of Model Customs Collectorate Lahore has confiscated vehicles, goods and articles worth Rs 220 million in 274...
Hassling foreign contractor: FTO wants stern action against officials
ISLAMABAD: The Federal Tax Ombudsman (FTO) Office played a key role in facilitating a foreign investor who was punished for...
ST zero-rating on gas, power: FBR begins survey to check misuse
ISLAMABAD: The Federal Board of Revenue (FBR) embarked upon a survey of export-oriented manufacturing unit in textile, leather, surgical, carpets...
