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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
Customs I&I seizes smuggled betel nuts worth Rs47.5m
KARACHI: Directorate of Customs Intelligence and Investigation (I&I) has seized 19.02 tons of smuggled betel nuts worth Rs47.5 million. Sources...
FPCCI raises objection for budget anomalies committee
KARACHI: Nasser Hyatt Maggo, President, Federation of Pakistan Chambers of Commerce & Industry (FPCCI), has questioned the appointment of Sultan...
Multan Customs using all available resources to curb smuggling: Collector Muneeza Majeed
MULTAN: Collectorate of Customs Enforcement & Compliance (E&C) showed outstanding performance against smuggling of goods and detected mega seizure cases...
Multan Customs impounds smuggled 260 cartons of Rani Juice near Sahiwal
MULTAN: Collectorate of Customs Anti-Smuggling Organization (ASO) has seized Iranian origin non-duty-paid 260 cartons Rani Juice near Sahiwal region. According...
Textile policy to be approved by August: Dawood
LAHORE: The government is set to unveil an ambitious Textile and Apparel Policy 2020-25 by next month as consultation for...
Pandemic drives sea freight prices to record high
LONDON: Container shipping prices have reached record highs some 18 months after the outbreak of the coronavirus pandemic which disrupted...
Saving certificates profit: FBR imposes WHT of 15pc on filers, 30pc on non-filers
ISLAMABAD: The Federal Board of Revenue (FBR) has imposed a uniform withholding tax of 15% on filers and 30% on...
SBP launches web page to disseminate updated data of Roshan Digital Account
KARACHI: The State Bank of Pakistan begun releasing regular data on the progress of Roshan Digital Account (RDA) that show...
Customs Court seeks progress report against M/s Al-Mahmood Coach, M/s J J Movers Coach & others in goods smuggling case
KARACHI: The Customs Court directed investigation officer to complete investigation against owners, partners of M/s Al-Mahmood Coach, M/s J J...
CNG sector demands withdrawal of 17pc GST on LNG, other relief measures
ISLAMABAD: The Compressed Natural Gas (CNG) industry has demanded the government to withdraw the 17 per cent General Sales Tax...
Tarin chairs 3rd EAC meeting, highlights planning for sustainable, inclusive growth
ISLAMABAD: Federal Minister for Finance and Revenue, Shaukat Tarin Saturday stressed the importance of long-term planning for achieving sustainable and...
NEPRA allows govt to raise power tariff by Rs 2.97
ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) on Friday allowed the federal government to raise power tariff by up to...
SBP waives off Form-E requirement for exports through PSW
KARACHI: State Bank of Pakistan (SBP) said that requirement of Electronic Form-E (EFE) will be eliminated for carrying out exports...
Sindh Revenue Board fails to achieve assigned annual collection target of FY21
KARACHI: The Sindh Revenue Board (SRB) has missed the revenue collection target of Rs135 billion for fiscal year 2020/2021 and...
Collector Muneeza Majeed forms special committee for settlement of disputes
MULTAN: Collectorate of Customs Enforcement & Compliance (E&C) Multan formed three-member special committee for redressal of grievances and settlement of...
Govt ensuring sustainable growth to strengthen national security: Tarin
ISLAMABAD: Asserting that there was a strong linkage between a country’s national security and economic security, Federal Minister for Finance...
FBR decides to take action against 7.2 million tax evaders
ISLAMABAD: Federal Board of Revenue (FBR) has decided to prosecute 72 lakh tax evaders in the country. Strict rules have...
Decision before meeting: FPCCI raises objection for budget anomalies committee
KARACHI: Nasser Hyatt Maggo, President, Federation of Pakistan Chambers of Commerce & Industry (FPCCI), has questioned the appointment of Sultan...
M/s Shirazi Trading moves SHC against SCN for recovery of customs duty, sales tax & income tax
KARACHI: M/s Shirazi Trading Private Limited has approached the Sindh High Court (SHC) and filed several constitutional petitions against show...
Customs Enforcement impounds illegal luxury vehicles, goods of Rs4.2b during FY21
LAHORE: During the financial year 2020-21, Pakistan Customs, under the leadership of the Member Customs (Operations) Syed Mohammad Tariq Huda...
