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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
FBR urged to ensure corrections pertaining to charging of minimum tax liability by system
LAHORE: In letter written to FBR chairman the Pakistan Tax Bar Association (PTBA) has received many complaints / requests from...
FBR explains fair market value of property, assets
ISLAMABAD: Federal Board of Revenue (FBR) explained fair market value, which is the price which the property or asset would...
IMF talks continue focus on tax reforms
ISLAMABAD: The International Monetary Fund (IMF) has conducted a detailed study of Pakistan’s existing tax system and made recommendations, including...
Customs Court directs suspect to join investigation in mega tax evasion scam
KARACHI: The Customs Court approved interim pre-arrest bail of suspect namely Muhammad Asim son of Anwer Ali and issued notices...
SHC bars customs officials to take any action against M/s Naudero Sugar Mills
KARACHI: A division bench of the Sindh High Court (SHC) restrained customs officials from enforcement of recovery of impugned demand...
Customs PMBQ seizes 6,000 bottles of foreign whiskey
KARACHI: Collectorate of Customs Port Mohammad bin Qasim (PMBQ) thwarted a bid to smuggle foreign liquor into the country under...
Pakistan’s WTO’s TFA implementation level reaches 79pc: Hafeez Shaikh
ISLAMABAD - Advisor to Prime Minister on Finance and Revenue, Dr. Abdul Hafeez Shaikh said that the World Trade Organization's...
Hafeez presides over meeting to review price trend of essential commodities
ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh chaired a meeting of National Price...
Exports increases 5.98pc to Rs1.254 trillion in 4 months
ISLAMABAD: The exports from the country, in rupee term, increased by 5.98 percent during the first four months of the...
Valuation procedure for undeclared motor vehicles
ISLAMABAD: The procedure for valuation of motor vehicles, which have been identified as undeclared or concealed assets, has been laid...
Pakistan locally develops modern device to diagnose coronavirus
ISLAMABAD: Pakistan has locally developed a modern device to diagnose coronavirus within a minute, confirmed CEO Drug Regulatory Authority of...
FBR restores 2pc income tax on chemicals & dyes raw materials instead of 5.5pc
KARACHI: The Federal Board of Revenue (FBR) has met the long-standing demand of the Pakistan Chemicals & Dyes Merchants’ Association...
KCCI vows to get Orangi traders’ issues resolved
KARACHI: Senior Vice President Karachi Chamber of Commerce & Industry (KCCI) M. Saqib Goodluck, after listening to the grievances being...
G20 to discuss post-pandemic world, back debt relief
BRUSSELS: Leaders of the 20 biggest world economies (G20) will debate this weekend how to deal with the unprecedented Covid-19...
PSMA express concern over cane shortage
ISLAMABAD: The Pakistan Sugar Mills Association (PSMA) has informed the Ministry of Industries that the millers were facing serious shortage...
Quetta ASO seizes narcotics worth Rs34m at Noshki check post
QUETTA: Collectorate of Customs Preventive, Anti-Smuggling Organization (ASO) team seized drugs worth Rs34 million of rupees at Noshki check post...
Deputy Collector Inamullah Wazir’s Customs JIAP recovers smuggled goods worth Rs50m
KARACHI: Collectorate of Customs Jinnah International Airport (JIAP) team under the supervision of Deputy Collector Inamullah Wazi seized smuggled goods...
Director Sadiqullah Khan’s Hyderabad I&I seizes smuggled goods worth Rs271.497m
HYDERABAD: After directions from Director-General Customs Intelligence and Investigation (I&) Abdul Rasheed Shaikh to kept extra vigilance on the movement...
FBR obtains details of buyers, sellers of immovable properties through provincial registrars
ISLAMABAD: Federal Board of Revenue (FBR) is getting information of buyers and sellers of immovable properties through provincial registrars. FBR...
Rules drafted to empower customs officials to trace & freeze smuggled assets
ISLAMABAD: Federal Board of Revenue (FBR) has drafted rules to empower customs officials to trace and freeze assets acquire by...
