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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
IGMs of Appraisement decrease by 54pc this year
KARACHI: The Import General Manifests (IGMs) of Appraisement have been decreased by 54 percent as compared to the last fiscal...
FBR compiling data of stuck-up goods at state warehouses
ISLAMABAD: Federal Board of Revenue has started to determine the exact revenue involved in stuck-up goods at the state warehouses...
Finance Minister expresses satisfaction over revenue collection
ISLAMABAD: Finance Minister Senator Mohammad Ishaq Dar has expressed satisfaction over the performance of FBR on the collection of revenues...
Pak-India trade up by $667.45m in 2012-13
LAHORE: Pak-India bilateral trade has increased by $667.45 million in 2012-13 as compared to the corresponding period of the last...
KICT using examination area allotted to Customs: Collector Saleem
KARACHI: The Collector of Model Customs Collectorate (MCC) Appraisement (West) Muhammad Saleem on Wednesday held a meeting with the Chief...
Customs authorities seize goods worth Rs5m
LAHORE: Customs officials have impounded non-customs paid cloth and LED TVs worth Rs.5 million. According to details, Customs anti-smuggling unit impounded...
FBR urged to curtail taxes, duties on professional cameras
LAHORE: The Lahore Chamber of Commerce and Industry on Wednesday urged the Federal Board of Revenue to bring considerably down...
Sri Lanka to purchase vessels worth $70m from China
COLOMBO: Sri Lanka plans to purchase two cargo vessels at a cost of $70 million from a Chinese company to...
EEC diverts gas from power sector to textile industry
ISLAMABAD: The Cabinet’s Economic Coordination Committee (ECC) has approved the diversion of 85 mmcfd of power sector gas to textile...
SRO for investment-cum-amnesty scheme approved
ISLAMABAD: Ministry of Finance has approved the Statutory Regulatory Order (SRO) covering investment scheme for new investors and immunity from...
Tax reforms: What needs to be done?
ISLAMABAD: Tax reforms in Pakistan have largely remained a problematic area as after recent attempt during the Musharraf regime, it...
REAP slams unprecedented increase in shipping prices
KARACHI: Rice exporters are expressing serious concerns over the rapid increase in charges by shipping companies. Sources said that shipping...
An onerous task
The Federal Board of Revenue has been assigned the onerous task of implementing and monitoring the new tax incentives scheme...
All Pakistan chambers demand IP project materialised
BHURBAN: All Pakistan Chambers’ Presidents Conference has unanimously agreed in what was termed as Bhurban Declaration, that Iran-Pakistan Gas Pipeline...
Abolition of Saturday as public holiday for Customs Houses, Banks
To, The Finance Minister Mohammad Ishaq Dar Islamabad This is with reference to the meeting which the undersigned had...
FBR to examine Rs60b exemption certificates
KARACHI: Federal Board of Revenue is going to look into all the exemption certificates issued to importers and manufacturers as...
FPCCI seeks removal of compulsory ST registration for exporters
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has called for withdrawal of Sales Tax Registration Number requirement...
Govt committed to provide affordable houses: Dar
ISLAMABAD: Finance Minister Senator Mohammad Ishaq Dar has said that the PML(N) Government is committed to fulfill its promise to...
FBR receives 800,000 tax returns till Dec 16: Asad
ISLAMABAD: Shahid Hussain Asad, official spokesman of Federal Board of Revenue said that the Board has received about 800,000 returns...
ADB annouces to give $3.2b under CPS
ISLAMABAD: The Asian Development Bank (ADB) on Tuesday announced to provide $3.2 billion under Country Partnership Strategy (CPS) over the...
