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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
M/s Friends Enterprises moves SHC challenging 2 notifications regarding tax collection jurisdiction
KARACHI: M/s Friends Enterprises has approached the Sindh High Court (SHC) and filed a constitutional petition challenging notification no 07-94010...
Multan I&I impounds smuggled generators near Muzaffargarh
MULTAN: Directorate of Customs Intelligence and Investigation (I&I) seized non-duty paid generator which was loaded in a truck. Directorate of...
Customs Court directs IO to arrest culprits in smuggling of contraband goods case
KARACHI: Investigation officer of Collectorate of Customs Enforcement & Compliance has sought further time for arrest of suspects who were...
Peshawar Preventive taking measures to enhance revenue generation: Collector Kamran Rajar
PESHAWAR: Collectorate of Customs Preventive Collector Karmran Azam Khan Rajar has said that Customs Preventive had sent 17 kilograms of...
Pakistan, Afghanistan sign protocol for 6-month extension in APTTA 2010
ISLAMABAD: Pakistan and Afghanistan signed the Protocol-VI of Afghanistan Pakistan Transit Trade Agreement (APTTA) 2010 to extend the agreement for...
FBR declares wealth statement mandatory for filing annual tax return
ISLAMABAD: A statement of wealth is mandatory for filing annual income tax return, which should include details of total assets...
High level of residue a biggest threat for rice exports
LAHORE: The experts have feared that Pakistan may face ban on exports of rice to the European Union due to...
KP govt to borrow another $500m from ADB for development projects
PESHAWAR: The Khyber Pakhtunkhwa government has sought a loan of $500 million from the Asian Development Bank (ADB) to include...
FBR forms committee for penalty on non-compliance of invoice, packing lists
ISLAMABAD: Federal Board of Revenue (FBR) constituted a committee to formulate parameters for imposing penalties against non-compliance of invoice and...
Govt removes FED, ACD, reduces ST on small cars
ISLAMABAD: As new measures to facilitate the auto sector even before the forthcoming auto policy, the government has introduced multiple...
ABAD rejects increase in price of steel bar
KARACHI: Chairman Association of Builders and Developers of Pakistan (ABAD) Fayyaz Ilyas has vehemently rejected Rs11,000 per ton price hike...
Directorate of Internal Audit directs inspection team to complete audit of Multan Customs by July 27
MULTAN: Directorate of Internal Audit (Customs) has directed inspection team to complete audit of Collectorate of Customs Enforcement & Compliance...
Exports to Australia increased by 33pc to $281m: Razak Dawood
ISLAMABAD: Adviser to Prime Minister of Commerce and Investment, Razak Dawood said Wednesday that Pakistan’s exports to Australia increased by...
Exporters of South Punjab seek early clearance of export shipments
MULTAN: Exporters of South Punjab have approached Director General of Transit Trade (DGTT) in complaining about delays in processing and...
Korea keen to sign Free Trade Agreement with Pakistan
ISLAMABAD: Ambassador of the Republic of Korea H.E Suh Sangpyo has expressed his desire to sign a Free Trade Agreement...
Financial System exhibited resilience amid Covid-19: SBP
KARACHI: The State Bank of Pakistan (SBP) has issued its flagship annual publication, the Financial Stability Review (FSR) for CY20....
Tax evasion Customs Court directs IO to submit progress report against M/s KZ Industries
KARACHI: The Customs Court directed investigation officer to complete investigation and submit final progress report against owner of M/s KZ...
M/s Outdoorsman approaches SHC for issuing of transportation license for small arms & ammunition
KARACHI: M/s Outdoorsman has approached the Sindh High Court (SHC) and filed a constitutional petition seeking order for immediately issuing...
481 non-duty paid auctioned luxury vehicles missing: FBR
ISLAMABAD: The Federal Board of Revenue (FBR) has reported that of the 819 over 2,000cc non-duty paid and smuggled luxury...
Seven more Pakistani firms allowed for exporting rice to China
ISLAMABAD: After completing required international food safety and security standards, China has allowed 7 more Pakistani rice units to export...
