Latest News
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
Provincial tax departments to be e-linked with FBR
ISLAMABAD: Federal Board of Revenue has decided to link all provincial excise and taxation departments with FBR data bank. This...
KPT shipping movement report
KARACHI: Following was the movement of ships at Karachi Port during the last 24 hours, ending at 0700 hours on...
Businessman arrested for Rs100m ST evasion
LAHORE: A prominent businessman in steel sector has been arrested by Regional Tax Office Lahore for his alleged involvement in...
Dar, Bajwa review impact of concessionary regime granted through SROs
ISLAMABAD: The actual cost of exemptions is much higher as compared to the tax expenditures. The huge cost of exemptions...
No organized duty evasion, mis-declaration found in Lahore: Chief Collector Virk
LAHORE: The Chief Collector Customs Latufullah Virk has said that administrative action, fiscal measures and above all political will are...
Lawyer for disqualification of non-taxpaying parliamentarians
ISLAMABAD: The inconsistency in the data provided in the nomination papers of the legislators submitted with the Election Commission of...
Not enough security for NATO military cargo via Pakistan
KARACHI: Withdrawal of ISAF troops from Afghanistan is due in 2014 but no precautionary measures have been taken by the...
FBR for bringing restaurants into tax net
ISLAMABAD: Federal Board of Revenue has decided to enforce an electronic restaurant invoice monitoring system to bring the restaurants into the...
Indian shipping ministry working to increase port capacity
CHENNAI: The Ministry of Shipping is planning to increase port capacity by the end of the 12th Five-Year Plan to...
Top 100 taxpayers in 4 categories to get privilege cards: Asad
KARACHI: Federal Board of Revenue official spokesperson Shahid Hussain Asad has said that privilege cards will be issued in March...
SAARC CCI hails Pakistani PM’s policies
LAHORE: SAARC Chamber of Commerce and Industry President Vikramjit Singh Sahney has hailed Prime Minister Nawaz Sharif’s and expressed contentment...
WHT on interest income up 33.2pc: FBR
LAHORE: The withholding tax collection from financial institutions’ interest income deducted from depositor’s profits has increased to Rs 10.120 billion in...
Massive tax evasion unearthed in posh area
ISLAMABAD: Directorate General of Intelligence and Investigation Inland Revenue has conducted a secret tax survey of Blue Area, the largest...
Punjab sets Rs 244 billion for education uplift: Minister
LAHORE: Punjab Minister for Excise & Taxation, Mian Mujtaba Shuja ur Rehman has said an amount of Rs.244 billion has...
Well-planned smuggling tunnel into Hong Kong unearthed
BEIJING: A concrete tunnel into Hong Kong dug by Chinese smugglers has been unearthed by border officers. The tunnel was...
Attempt for smuggling arms thwarted
MASTUNG: Law enforcement Agencies foiled a smuggling attempt of huge reserves of arms and ammunition to Karachi. Deputy Commissioner Mastung...
SROs not being abolished at once: Dar
ISLAMABAD: Finance Minister Mohammad Ishaq Dar said that SROs issued in the recent past are being examined thoroughly to make...
Goods transporters threaten strike over non-redressal of grievances
KARACHI: Goods transporters have threatened to stage a nationwide strike once again after the government failed to redress their grievances....
Non-taxpaying elite: Britain may halt development fund to Pakistan
ISLAMABAD: With an average of almost half the parliamentarians from all over Pakistan not paying their due and proper taxes,...
FBR for induction of ATT modules in WeBOC
KARACHI: Federal Board of Revenue (FBR) has directed the officials concerned in the Directorate of Reforms and Automation to induct...
