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
Tax evasion: Customs Court confirms bail of suspect in Rs17.79m tax evasion case
KARACHI: The Customs Court confirmed bail to suspect namely Basharat Ali, owner of M/s A.H International, who was booked in...
POS invoice verification expands by 62.7pc in February
ISLAMABAD: The invoices verified by customers, who shopped from outlets integrated with Federal Board of Revenue’s (FBR) Point of Sale...
ECC approves DLTS, gives nod to indigenous gas supply for two urea plants
ISLAMABAD: Economic Coordination Committee (ECC) of the Cabinet approved Drawback of Local Taxes Scheme (DLTS) for the period of five...
DG Valuation revises customs values on import of almonds
Lahore: Directorate General of Customs Valuation, Karachi has revised customs values, between $1.25 per kg and $2.35 per kg, on...
SHC seeks conclusion on petition filed by Iftikhar Auto Store against detention of imported goods
KARACHI: A two-member bench of the Sindh High Court (SHC) directed parties to submit comment and conclude arguments on a...
SHC directs to release consignment imported by M/s Pakistan Decorative Materials Private Limited on bank guarantee
KARACHI: The Sindh High Court (SHC) directed customs officials to release the imported goods after securing differential amounts on the...
Customs Court summons witnesses in money laundering scam against proprietor of M/s Iqra Corporation
KARACHI: The customs court framed charge against suspect namely Jawed son of Muhammad Iqbal, proprietor of M/s Iqra Corporation, who...
Tarin assures KP Finance Minister of full support
ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin appreciated the efforts of Khyber Pakhtunkhwa Finance Minister, Taimur Saleem Khan...
Exports to maintain upward trend in March: Finance Ministry
ISLAMABAD: The exports from the country during the month of March 2022 are expected to continue their upward trend, backed...
FBR freezes Telenor bank accounts due to income tax default
LAHORE: The Federal Board of Revenue (FBR) freezes the bank accounts of Telenor on account of its income tax default...
Third session of joint economic commission to be staged in Sofia either later this year or next: Bulgarian envoy
KARACHI: Ambassador of Bulgaria Ms. Irena Gancheva has said that the third session of Joint Economic Commission between Bulgaria and...
Collector Imran Ahmad Chaudhry transfers superintendents, inspectors & sepoys
MULTAN: Collector Customs Enforcement Imran Ahmad Chaudhry has issued order for transfer and posting of eight superintendents, inspectors and sepoys...
Banks to remain closed on April 4
KARACHI: All banks, including the State Bank of Pakistan (SBP), will remain closed on April 4 (Monday). According to a...
Customs Court approves physical remand in foreign origin liquor smuggling case
KARACHI: The Customs Court sent suspect namely Umer Asif son of Asif Shakeel to customs lock-up on physical remand and...
SHC dismisses stay petition filed by M/s Master Pipe Industries as not pressed
KARACHI: The Sindh High Court (SHC) dismissed a stay order as not pressed filed by Nisar Ahmed proprietor of M/s...
PIA, FBR reach understanding on outstanding dues
ISLAMABAD: The Pakistan International Airline (PIA) and Federal Board of Revenue (FBR) reached understanding over non-payment of dues. As per...
Govt complete 19 reforms under ADBs, Program
ISLAMABAD: Federal Minister for Economic Affairs, Omar Ayub Khan has said the government has successfully completed 19 reforms under Pakistan...
Tarin appreciates provincial govts for rate discount on essential commodities
ISLAMABAD: Federal Minister for Finance and Revenue, Shaukat Tarin appreciated the efforts of the governments of Punjab, Khyber Pakhtunkhwa, Balochistan...
Tea imports increase by 11.64pc in 8 months
ISLAMABAD: The tea imports into the country witnessed an increase of 11.64 percent during the first eight months of the...
Multan Customs defying orders of FBR by asking for cash payments in auction of vehicles & goods
MULTAN: Collectorate of Customs Enforcement is defying orders of Federal Board of Revenue by asking for cash payments in auction...
