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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
FBR up to probe Iranian diesel smuggling, Gadani incident
ISLAMABAD: The Federal Board of Revenue has constituted a committee comprising customs intelligence and other officials to carry out an...
Price stability promised: Dar says economy starts picking up
ISLAMABAD: Finance Minister Ishaq Dar has said that all macroeconomic indicators are reflecting positive direction, showing that the economy has...
Karachi Chamber, Bahrain Chamber ink MoU
ISLAMABAD: Karachi Chamber of Commerce and Industry and Bahrain Chamber of Commerce and Industry have signed a Memorandum of Understanding...
Customs foils bid to smuggle foreign currency to Dubai
LAHORE: Customs officials have thwarted an attempt to smuggle foreign currency worth Rs 22.4 million to Dubai from Lahore. Customs...
ANF recovers over a tonne of drugs
LAHORE: Anti Narcotics Force (ANF) has arrested seven drug peddlers and recovered over a tonne of drugs from various areas of...
MCC Appraisement-West procures Tablet PCs for examining officials
KARACHI: Model Customs Collectorate of Appraisement-West is gearing up to enhance the working scenario of examination hall at Karachi International...
Retailer sector registration: Ex-FBR adviser’s findings offer solution
ISLAMABAD: The findings of former adviser to Federal Board of Revenue chairman can prove to be guidepost for the task...
3rd tranche of EFF: IMF okays $555.6m for Pakistan
ISLAMABAD: The Executive Board of the International Monetary Fund (IMF) approved third tranche of $555.6 million for Pakistan under the...
Fate of MoUs in jeopardy: LHC questions interpretation of Section 2(22A) of STA
LAHORE: The Lahore High Court (LHC) has termed interpretation of Section 2 (22A) of Sales Tax Act by FBR contrary...
17pc ST on CNG sector: Govt promulgates ordinance
ISLAMABAD: In compliance with the Supreme Court verdict, the government has promulgated Sales Tax Amendment Ordinance to charge 17 percent...
DGI&I-customs confiscates smuggled items at airport
KARACHI: Directorate General of Intelligence and Investigation (DGI&I) of Customs has confiscated huge quantity of smuggled goods at Jinnah International...
Smuggled Iranian oil causing huge revenue loss
ISLAMABAD: Diesel and petrol smuggled all the way from Iran is causing substantial loss to the national exchequer in the...
Textile exports unlikely to meet target of $16bn in FY 2013-14
LAHORE: Textile exports are likely to underperform during the fiscal year 2013-14 due to the shortage of favourable conditions, experts...
Customs value of ethyl acetate re-determined
KARACHI: Directorate General of Customs Valuation has re-determined the customs value of ethyl acetate through the Valuation Ruling No. 646/2014...
Rozi Khan assumes charge as Chief Collector-central region
LAHORE: Rozi Khan Burki has assumed charge as Chief Collector of Customs-Central Region at the Model Customs Collectorate Lahore. He...
Lutfullah Virk assumes charge as Director General I&I-Customs
ISLAMABAD: Lutfullah Virk has assumed the charge as Director General of the Directorate General of Intelligence and Investigation. Federal Board...
PIAF urges TDAP to evolve consultative policy for exports
LAHORE: Pakistan Industrial and Traders Associations Front (PIAF) has urged the Trade Development Authority of Pakistan to evolve a new...
Motiwala stresses ST rate rationalisation to face ATT challenges
KARACHI: The Sales tax rate should be rationalised for local industry to cope with the huge influx of goods being...
Budget proposals: PBC wants FBR to get tougher on unregistered sectors
ISLAMABAD: The Pakistan Business Council (PBC), its pre-budget proposals, has proposed cancellation of Computerised National Identity Cards (CNICs) and passports...
Greenback falls to Rs97
KARACHI: The US dollar plummeted to Rs97-level on Monday, continuing its depreciation from the previous week. According to forex.pk, the...
