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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 sets Rs1,200b revenue collection target for 1Q of FY22
ISLAMABAD: The Federal Board of Revenue (FBR) has fixed Rs1,200 billion as the revenue collection target for the first quarter...
Assistant Collector Mahek Majid distributes work among 4 appraising officers
LAHORE: Collectorate of Customs Appraisement Dryport Assistant Collector Mahek Majid has issued office order for distribution of work among the...
Islamabad ASO seizes smuggled ceramic tiles & vehicle worth Rs7m
ISLAMABAD: Collectorate of Customs Anti-Smuggling Organization (ASO) seized smuggled Iran origin ceramic tiles worth Rs7 million along with offending vehicle....
Inflation likely to cross 9pc
KARACHI: Inflation may inch over 9 per cent due to monetary expansion and a spike in international commodity prices whereas...
FBR issues manual income tax return form for individuals, AOPs
ISLAMABAD: The Federal Board of Revenue (FBR) issued manual income tax return forms for tax year 2021. The return form...
Peshawar Appraisement foils bid to smuggle arms into Pakistan from Afghanistan
PESHAWAR: Collectorate of Customs Appraisement has foiled a bid to smuggle huge quantity of foreign origin weapons into Pakistan via...
PM for encouraging exporters to boost Pakistan’s rice exports
ISLAMABAD: Prime Minister Imran Khan called for encouraging the rice exporters so that Pakistan got its maximum share in the...
FBR transfers 24 IRS officers of BS-20-21 with immediate effect
ISLAMABAD: Federal Board of Revenue (FBR) has issued notification for transfer and posting of following officers of Inland Revenue Service...
SHC directs M/s Shirazi Trading Private Limited to file rejoinder
KARACHI: Customs officials submitted their comments before a division bench of the Sindh High Court (SHC) in a constitutional petition...
Customs Court directs IO of Customs Preventive to arrest culprits in foreign origin cloth smuggling scam
KARACHI: The Customs Court directed investigation officer of Collectorate of Customs Preventive to arrest owner, financiers, abettors and others including...
Govt considering setting up National Gems & Jewellery Authority: Gul Asghar
LAHORE: Chairman Prime Minister's Task Force on Gems and Jewellery Engr Gul Asghar Khan has said setting up a 'National...
Multan Customs cancels monthly auction of confiscated vehicles & goods
MULTAN: Collectorate of Customs Enforcement & Compliance (E&C) cancelled the monthly auction of confiscated vehicles and miscellaneous goods. According to...
RTO Multan directs sugar mills to install track & trace system at manufacturing premises
MULTAN: The Regional Tax Office (RTO) has directed sugar mills to install track and trace system at the manufacturing premises...
RCCI ink MOU with Mangaung Chamber of Commerce and Industry, Bloemfontein South Africa
RAWALPINDI: RCCI signed a memorandum of understanding with Mangaung Chamber of Commerce and Industry, Bloemfontein South Africa. President RCCI Muhammad...
Pakistan’s fiscal deficit in FY21 widens by 7.1pc vs 8.1pc in FY20
ISLAMABAD: Pakistan’s fiscal deficit in FY21 has widened by 7.1% compared to 8.1% in FY20 whereas Federal Board of Revenue...
Comprehensive strategy put in place to ensure sustainability in growth
ISLAMABAD: Federal Minister for Finance and Revenue, Shaukat Tarin said Friday that the government had put in place comprehensive plans,...
Cotton prices shoot up to historic high
LAHORE: Cotton prices have shot up in Pakistan to a historic high in response to rising dollar value and low...
Pakistan & Afghanistan agree on extending Transit Trade Agreement for six months
LAHORE: Pakistan and Afghanistan have already agreed on extending the Afghanistan-Pakistan Transit Trade Agreement (APTTA) for six months and 97...
President Alvi summons high-level meeting on petroleum shortage & smuggling
ISLAMABAD: Taking notice of approximately Rs240 billion annual loss to the national exchequer owing to smuggling of petroleum products and...
TAPI to benefit region with Afghanistan alone to get $1bln transit royalty: FM Qureshi
ASHGABAT: Foreign Minister Shah Mahmood Qureshi said implementation of Turkmenistan-Afghanistan-Pakistan-India gas pipeline (TAPI) was beneficial for the entire region, with...
