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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
SECP registers 1,949 new companies in July
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 1,949 new companies in July 2021, raising the total number...
SHC restrains FBR officials from taking adverse action against M/s Atlas Battery
KARACHI: A two-member bench of the Sindh High Court (SHC) restrained FBR officials from taking any adverse action against M/s...
Directorate of Internal Audit seeks details of official vehicles for examining
MULTAN: Directorate of Internal Audit (Customs) has directed Collector Muneeza Majeed to provide details of official vehicles for examining. According...
Multan LTO disburses refunds amounting to Rs42.4m
MULTAN: The Chief Commissioner Large Taxpayers Office (LTO) Multan Nabila Faran Baig has said that refunds amounting to Rs42.4 million...
Customs ASO impounds Rs452.78m smuggled goods & vehicles in July
LAHORE: Customs of Customs Enforcement, Anti-Smuggling Organization (ASO) seized huge quantity of smuggled / non-duty paid goods and vehicles during...
LHC bars Customs I&I from taking action against IBR Enterprises
LAHORE: The Lahore High Court restrained the officials of Customs Intelligence and Investigation from carrying out any action against the...
FBR transfers 49 PCS officers of BS-19-20 with immediate effect
ISLAMABAD: Federal Board of Revenue (FBR) has issued notification for transfers and postings of following Pakistan Customs Service (PCS) officers...
ADB approves $500m to procure COVID-19 vaccines for Pakistan
ISLAMABAD: The Asian Development Bank (ADB) Friday approved a $500 million loan to help Pakistan procure and deploy safe and...
Customs Court sends suspects to jail in mega tax evasion scam
KARACHI: The Customs Court sent suspects namely Umair Yousaf and Farhan Yousaf to Central Jail Karachi on judicial remand and...
DG Valuation revises customs values of iron, steel & other scraps vide VR No 1547/2021
KARACHI: Directorate-General Customs Valuation Director Shafiq Ahmad Latki has issued customs values of iron and steel scrap (remeltable/HMS scrap, shredded...
Tarin asks FBR to continue efforts for boosting tax collection
ISLAMABAD; Federal Minister for Finance and Revenue Shaukat Tarin has directed Federal Board of Revenue (FBR) to continue its diligent...
Govt will take all steps to enhance tax on cigarettes to reduce health cost: Ali
ISLAMABAD: Minister of State for Parliamentary Affairs Ali Muhammad Khan says government will take all necessary measures to ensure the...
Pakistan to terminate 23 bilateral investment treaties
ISLAMABAD: Pakistan has decided to terminate 23 bilateral investment treaties (BITs) with different countries in order to avoid international arbitration...
SBP reserves rise $16m to $17.84b
KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves rose by $16 million on a weekly basis, data released...
WB appreciates Ehsaas program for poverty alleviation
ISLAMABAD: World Bank’s Vice President for South Asia Hartwig Schafer in a meeting with Prime Minister Imran Khan on Thursday...
Pakistan, Iran to enhance economic cooperation, regional trade through more routes
ISLAMABAD: Long-standing religious, cultural and social ties between Pakistan and Iran need to be made the basis for economic cooperation...
Multan Adjudication settles 46 seizure cases worth Rs194.415m during July
MULTAN: Collectorate of Customs Adjudication Multan Camp Office has disposed of 46 seizure cases involving Rs194.415 million during the month...
Broiler farmers seek removal of duty, taxes on feed ingredients
LAHORE: Broiler farmers have called for reducing the input cost of raising chickens, application of agricultural electricity tariff on poultry...
Customs Court approves bail to owner of M/s Muhammad Shoukat in sales tax fraud scam
KARACHI: The Customs Court granted bail to Muhammad Shoukat, owner of M/s Muhammad Shoukat, against surety of Rs300,000 and directed...
M/s D TO D Logistics moves contempt petition against Afghan Transit officials seeking restoration of user ID
KARACHI: A division bench, headed by Justice Shafi Muhammad Siddiqui directed customs officials of Afghan Transit to file their comments...
