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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 impounds Rs338m heroin, charas, 13 held
LAHORE: Anti Narcotics Force has recovered over 3 kg of heroin, 291 kg charas, 1.5 kg methamphetamine and 10,800 psychotropic tablets...
Last auction for the current month in progress at PICT
KARACHI: Last auction during the month of March as announced by Model Customs Collectorate of Appraisement-East is in progress at...
Tax collection: SBP to remian open on March 31; NBP on 29, 31 till 5pm
KARACHI: Finance Department of State Bank of Pakistan has directed its Accounts Department to remain open on March 31 and...
Tax exemptions to go soon: Shahid Asad still hopeful about Rs2,475b revenue target
ISLAMABAD: Federal Board of Revenue (FBR) Member Inland Revenue and official spokesperson Shahid Hussain Asad has asserted that the tax...
Pakistan receives $550m third IMF tranche
KARACHI: Pakistan received the third installment amounting to $550 million of $6.5 billion Extended Fund Facility Programme from the International...
Debt securities system launched: Dar eyes $1.7b from WB, $500m from Eurobond next month
ISLAMABAD: Finance Minister Senator Ishaq Dar has said that Pakistan is expecting to receive $1.7 billion from World Bank for...
FBR announces transfers of BS-20,19 PCS officers
ISLAMABAD: Federal Board of Revenue has announced transfers of BS 19 and BS 20 officers of Pakistan Customs Service. According...
MCC Enforcement-South confiscates contrabands worth Rs68m in Feb
KARACHI: Under the dynamic leadership of the Chief Collector of Enforcement (South) Muhammad Yahya, MCC Enforcement has seized smuggled goods...
Valuation Ruling of Silk Fabric issued
KARACHI: Directorate General of Customs Valuation has determined the customs values of silk fabric through a Valuation Ruling No. 648/2014...
FBR promotes UDCs to supervisors
LAHORE: Reginal Tax Office Lahore II has promoted five Upper Division Clerks (UDCs) to supervisors. The five UDCs of Inland...
LTBA to hold polls on March 31
LAHORE: Lahore Tax Bar Association (LTBA) will hold its annual election 2014 on March 31 for five seats of office...
MoU on ST cross-adjustment: KPK service providers yet to get facility
ISLAMABAD: The Federal Board of Revenue has notified that the retrospective cross-adjustment of Sales Tax on goods and services levied...
Refund claims delay contrary to law: FTO rules case of misrule come within its purview
ISLAMABAD: The Federal Tax Ombudsman (FTO) has declared that appeal to Commissioner (Appeals) is not the only option left for...
Resolution of ST refunds issues to spur economy
KARACHI: Trade Development Authority of Pakistan (TDAP) Chief Executive SM Muneer informed that the Sale Tax refund issue will be...
ST evasion under zero-rating: FBR gears up for recovery
ISLAMABAD: Awaking to the massive misuse of zero-rated regime, the Federal Board of Revenue has geared up for recovery from...
MCC-Preventive seizes hashish, goats
KARACHI: Model Customs Collectorate of Preventive has seized 477 kilograms hashish in shape of slabs, rods and ‘garda’ along with...
Pak-Iran trade resumes after 12 days
QUETTA: Iranian authorities have opened up the trade gate on Pakistan-Iran border in the border town of Taftan on Wednesday. Earlier,...
Customs seizes smuggled Indian goods
LAHORE: Customs officials impounded Indian soaps, ball bearings and tyres worth Rs 3 million in two different raids at Shera...
Customs values of wire locks determined
KARACHI: Directorate General of Customs Valuation has determined the customs values of wire locks through Valuation Ruling No. 647/2014 under...
Mahboob Saqib assumes charge as Chief, FBR
ISLAMABAD: Mahboob Saqib Khan of Pakistan Customs Service (BS-20) has assumed the charge of the post of Chief, Federal Board...
