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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
Shipping activity at Port Qasim March 11
KARACHI: Five ships, MOL Grandeur, Altus, Fairfield Eagle, Piramerd and Southern Robin carrying Containers, Coal, Gas oil and Palm oil...
FPCCI seeks 100pc adjustment of input tax
ISLAMABAD: In order to improve the country’s ease of doing business ranking, the Federation of Pakistan Chambers of Commerce and...
PM Imran directs FBR to take stern action against sugar mafia
ISLAMABAD: Prime Minister Imran Khan expressed resentment over the Federal Board of Revenue’s performance, as it failed to show any...
FBR to pay refunds through CITRO
ISLAMABAD: The Federal Board of Revenue (FBR) has established a Centralized Income Tax Refund Office (CITRO) to facilitate taxpayers by...
Late tax filers penalised: Banks block foreign currency account transactions
ISLAMABAD: Banks in Pakistan have refused to entertain foreign exchange transactions in accounts held by individuals who are not included...
Multan I&I seizes betel nuts, vehicle worth Rs12m near Kot Sabzal
MULTAN: Directorate of Customs Intelligence and Investigation seized large quantity of smuggled betel nuts along with vehicle being used for...
RCCI organizes Digital Transformation Conference VISION 2025
RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) organized Digital Transformation Conference vision 2025 aimed to highlight the key...
Customs Court approves progress report against M/s Moon Star International & others
KARACHI: The Customs Court approved interim charge sheet against owners/ directors/partners of M/s Moon Star International, owners/ directors/ partners of...
SHC disposes of SCRAs filed by Collector of Customs against M/s Super Star Company
KARACHI: A two-member bench of the Sindh High Court (SHC) comprising Justice Muhammad Junaid Ghaffar and Justice Agha Faisal disposed...
No more activation, subscription or annual charges on internet and mobile banking services
KARACHI: In a bid to promote digitisation in the banking sector, the State Bank of Pakistan (SBP) has directed banks...
Aruna Hussain, Soren Skou of Maersk said to pile up misery on importers during Covid-19
KARACHI: Covid-19 came as one of the biggest challenges to human life and the world economy but it brought huge...
MCCI demands to withdraw restriction on input adjustment under Sales Tax Act, 1990.
MULTAN Multan Chambers of Commerce and Industry (MCCI) has demanded the Federal Board of Revenue to withdraw restriction on input...
FBR proposes100pc income tax credit for IT sector
ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday said there is proposal to widen the scope of tax concession to...
DG Valuation revises customs values of acid distillate, palm acid oil, vegetable oil vide VR No 1521/2021
KARACHI: Directorate-General Customs Valuation Director Shafiq Ahmad Latki has determined customs values of palm fatty acid distillate, palm acid oil...
Gemstone exports can fetch $32bn: FPCCI
ISLAMABAD: Pakistan has the potential to lift its annual gemstone exports to $32 billion for strengthening the country’s economy, said...
Collector Irfan Javed’s Quetta Customs seizes smuggled betel nuts, vehicle worth Rs18m
QUETTA: Collectorate of Customs Enforcement and Compliance (E&C) team deputed at Noski Check Post on RCD highway has detained an...
Cabinet approves draft of SBP Amendment Bill 2021
ISLAMABAD: The cabinet has accorded approval to the draft of State Bank of Pakistan Amendment Bill 2021. Addressing a press...
FBR goes after Payoneer, freelancers over billions of rupees transferred from abroad
ISLAMABAD: The Federal Board of Revenue (FBR) has said it has uncovered a 'mega scam' involving a foreign company transferring...
Govt suggests withdrawal of tax exemptions on corporate sector
ISLAMABAD: Finance Minister Dr Abdul Hafeez Shaikh on Tuesday presented the Income Tax (Amendment) Bill, 2021, in the Upper House...
Customs E&C seizes huge quantity of smuggled goods worth Rs2965.29m
LAHORE: Collectorate of Customs Compliance and Enforcement (E&C) seized huge quantity of smuggled/ non-duty paid goods worth Rs2965.29 million during ...
