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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 ASO impounds over Rs2b contraband goods, vehicles
LAHORE: Collectorate of Customs Enforcement & Compliance (E&C) Anti-Smuggling Organization(ASO) has seized over Rs2 billion contraband goods, vehicles during July...
Govt wants to reduce undue burden of duty, taxes: Hammad Azhar
LAHORE: The government has always wanted to reduce undue burden of taxes to ensure fast growth of trade, industry and...
FBR updates special procedure for capital gain tax computation
ISLAMABAD: Federal Board of Revenue (FBR) has updated special procedure for computation of capital gain tax and collection of tax....
FBR issues reduced tax rate criteria for Shari’ah compliant listed companies
ISLAMABAD: Federal Board of Revenue (FBR) has issued reduced tax rate criteria for Shari’ah compliant companies, whose shares are traded...
Dishonoring of cheques: Customs Court approves progress report against M/s Huffaz Seamless Pipe
KARACHI: The Customs Court approved progress report filed by investigation officer of Collectorate of Customs Hyderabad against Hafiz Abdul Majeed,...
Multan Adjudication settles 33 cases worth Rs66.590m
MULTAN: Collectorate of Customs Adjudication Multan Camp Office decided 33 seizure cases worth Rs66.590 million during the month of October...
ECC forms committee to decide timeline for mango, kinnow export
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet at Cabinet Division Monday constituted a committee to decide a timeline...
CCoP approves divestment of 96.6pc shares of Heavy Mechanical Complex
ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh chaired the meeting of the Cabinet...
Govt slashes petrol prices, a litre now costs Rs100.69
ISLAMABAD: Federal government on Sunday lowered fuel prices in the country, bringing down the price of petrol by Rs1.71 per...
Wall Street ends volatile week with gains, S&P at record
NEW YORK:After an unpredictable week, Wall Street finished Friday on a high note, shrugging off concerns over the surge in...
Customs Preventive recovers smuggled cloth worth Rs21.55m from Akbar Market
KARACHI: Collectorate of Customs Preventive recovered huge quantity of smuggled/non-duty paid cloth from warehouses located in Akbar Market Aram Bagh...
Hyderabad ASO seizes Afghan transit trade goods worth Rs13.85m near Hatri
HYDERABAD: Collectorate of Customs, Anti-Smuggling Organization (ASO) impounded huge quantity of foreign origin goods marked “Via Karachi in transit to...
Weekly inflation falls 0.07pc due to decline in prices of food items
ISLAMABAD: Weekly inflation for the combined group during the current week recorded a decrease of 0.07 per cent due to...
FBR completes initial probe of ‘Pakistan’s most expensive wedding’
ISLAMABAD: The Federal Board of Revenue (FBR) has completed its inquiry into “Pakistan’s most expensive wedding”. According to sources, the...
OGRA proposes Rs3.50 per litre cut in petrol price
ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) on Friday proposed to slash prices of petroleum products. According to sources, the...
SHC seeks reply on petition filed by M/s A.M. Corporation against detention of consignment
KARACHI: A division bench of the Sindh High Court (SHC) issued notices to customs officials and directed them to file...
Customs ASO seizes goods & vehicles worth Rs2007.36m
LAHORE: The Anti-Smuggling Organization of Customs Collectorate of Enforcement & Compliance on the directions of Basit Maqsood Abbasi, Collector of...
NAB strictly pursuing policy of ‘accountability for all’: Justice Javed Iqbal
ISLAMABAD: A meeting of National Accountability Bureau (NAB) was held under the chairmanship of Justice (r) Javed Iqbal to review...
Hafeez Shaikh directs FBR to ensure transparency in tax filing procedures
ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has instructed the officials of the Federal...
Courier companies will file GD in WeBOC system
LAHORE: The courier companies will file Goods Declaration (GD) in the WeBOC system on behalf of e-commerce exporters, sources said...
