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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
Trade Unions at RCCI urges for Presidential Ordinance to remove anomalies in the budget
RAWALPINDI: An important meeting of the city-wide traders' association was held at the Rawalpindi Chamber of Commerce and Industry (RCCI)....
National Aviation Policy ensures ease, reduced cost of doing business: DG CAA
KARACHI: Director General of Pakistan Civil Aviation Authority (CAA) Khaqan Murtaza has said that ease of doing business and reduced...
Dr. Sadiqullah Khan’s Hyderabad I&I seizes smuggled circuit boards, vehicle worth Rs11.2m
HYDERABAD: Directorate of Customs Intelligence and Investigation (I&I) Hyderabad has seized 35 tonnes of smuggled print circuit boards (old and...
Online market places to collect 2pc withholding sales tax
ISLAMABAD: The online market places have been brought into the tax net as through the Finance Act, 2021 the owner...
Customs Station Angoor Adda playing vital role for generation of revenue: Collector Mohammad Saleem
PESHAWAR: Collectorate of Customs Appraisement and Facilitation Collector Mohammad Saleem has said that the Collectorate has surpassed the assigned target...
Competitive bidding for new oil, gas exploration sites soon: Hammad Azhar
ISLAMABAD: Pakistan is opening new areas for oil and gas exploration through competitive bidding that will push massive exploration activities...
Pakistan buys 100,000 tonnes white sugar in tender
HAMBURG: Pakistan’s state trading agency TCP has purchased 100,000 tonnes of white sugar in a tender for the same volume...
NAB cell to counter terror financing, money laundering
ISLAMABAD: The National Accountability Bureau (NAB) has established the Anti-Money Laundering and Combating the Financing of Terrorism (AML&CFT) cell to...
DC Inamullah Wazir’s Customs JIAP collects Rs54,109.87m during FY 2020-21
KARACHI: Collectorate of Customs Jinnah International Airport (JIAP) achieved another milestone by collecting Rs54,109.87 million during Fiscal Year2020-2021. Talking with...
SHC seeks comments on petition filed by M/s North West Petroleum Limited
KARACHI: The Sindh High Court (SHC) issued notices to the customs department and deputy attorney general of Pakistan directing them...
Customs Court directs IO to arrest culprits in goods smuggling case
KARACHI: The Customs Court directed investigation officer to arrest culprits, owners, financers, abettors, associates and other and produce them before...
Pak Rupee falls by 31 paisa against USD
KARACHI: The exchange rate of US Dollar increased by 31 paisa in the interbank on Monday against Pakistani rupee. The...
Banks to pay income tax on advance to deposit ratio
ISLAMABAD: The Federal Board of Revenue (FBR) has said that in order to facilitate banking companies on payment of additional...
Foreign investors invested $2.4b during 2020: OICCI Survey
KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI), the chamber of leading over 200 foreign investors in Pakistan...
Customs I&I seizes expired Indian made cosmetic items worth Rs320m
LAHORE: Directorate of Customs Intelligence and Investigation (I&I) in a successful action seized expired Indian-made cosmetic items worth Rs320 million....
Quetta Customs collects Rs27b during FY2020-21
QUETTA: Collectorate of Customs collected Rs27 billion registering resulting in 29 ppercent increase in revenue collection. The Collectorate collected customs...
Customs Preventive seizes smuggled goods worth Rs58b during FY2021
LAHORE: Collectorate of Customs Preventive seized smuggled goods Rs58 billion in the year ended June 30, 2021. Collectorate of Customs...
Home appliances raw material exempted for customs duty
LAHORE: The Federal Board of Revenue (FBR) has exempted customs duty on the import of certain raw materials/input goods for...
Additional tax on transfer of unregistered motor vehicles to continue beyond July 1
ISLAMABAD: The levy of withholding tax to discourage on money on transfer of motor vehicles will continue beyond July 01,...
PRGMEA, PMG discuss Amazon advantages
LAHORE: Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) delegation headed by its Chairman (North Zone) Adeeb Iqbal Sheikh here...
