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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 starts crackdown against tax defaulters
ISLAMABAD: FBR, in a rare move, has started crackdown against 30 big tax defaulters of steel sector in Lahore and...
Pakistan likely to receive second IMF instalment in days
ISLAMABAD: The board of International Monetary Fund (IMF) is scheduled to meet on the first review of the $6.7 billion...
FBR issues revised tax rate for freight, passenger vehicles
SLAMABAD: Federal Board of Revenue (FBR) has issued revised income tax rates for freight and passenger vehicles under section 234...
ICCI, local traders vow to work together
ISLAMABAD: A delegation of Traders Welfare Association from I-8 Markaz, Islamabad led by its President Yasir Jamil Abbasi visited Islamabad...
Shipping activities:
Karachi port KARACHI: Five ships carrying AV Gass100LL, containers, vehicle and coal are expected to arrive at the outer anchorage...
FBR kiosks to collect tax returns till Dec 16 midnight: Shahid Asad
ISLAMABAD: About 212 tax facilitation kiosks of the Federal Board of Revenue (FBR) will remain open till midnight (23:59 hours)...
GSP Plus status to increase textile exports by $1b
LAHORE: Duty-free access to the European markets under Generalized Scheme of Preferences (GSP) Plus status to Pakistan will help attract...
APMSPIDA, PCDMA reject new guideline of 96 items by FBR
KARACHI: All Pakistan Motorcycle Spare Parts Imports and Dealers Association (APMSPIDA) rejected sudden inflated revision of the assessment of imported...
IR proposes compulsory NTN showing at airports
KARACHI: The office of Inland Revenue has proposed a compulsory requirement of National Tax Number for every person taking with...
SBP reserves decline
KARACHI: Pakistan’s foreign exchange reserves are consistently depleting due to reimbursement of foreign debts. Reserves held by the State Bank...
KCCI President urges PM for prudent planning
KARACHI: Karachi Chamber of Commerce and Industry President Abdullah Zaki has urged Prime Minister Nawaz Sharif to direct authorities to...
Exporters lament QRC, urge its handing over back to REAP
KARACHI: Rice exporters have alleged that the Quality Review Committee (QRC) has become ineffective under the control of Trade Development...
Trade deficit down by 5.5pc
ISLAMABAD: Pakistan’s trade deficit has reduced by 5.52 per cent in the period from July to November this year as...
Customs for resolving clearing agents’ issues
KARACHI: Pakistan Customs has directed its all concerned offices to conduct hearings during working hours (9am to 5pm) to relieve...
Four more Valuation Rulings issued
KARACHI: The Directorate General of Customs Valuation has issued four more Valuation Rulings (VRs) and determined the Customs values of...
Survey begins for ST registration of restaurants
ISLAMABAD: A tax survey has been instigated in Islamabad to register restaurants, hotels and guest houses with the sales tax...
100 clearing agents granted bails in missing containers case
KARACHI: The Sindh High Court (SHC) has granted pre-arrest bails to at least 100 Customs forwarding and clearing agents in...
Gwadar Customs seizes smuggled Iranian diesel, oil
GWADAR: Model Customs Collectorate Gwadar has seized 41,000 litres of smuggled Iranian diesel during the ongoing month. Sources said that...
FBR transfers 17 officers
ISLAMABAD: Federal Board of Revenue (FBR) has transferred 17 officers of the Inland Revenue Service (BS-18-20) with immediate effect. According...
Shipping activities
Karachi port KARACHI: Five ships carrying containers, vehicles, cement and cows are expected to arrive at the outer anchorage of...
