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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
IHC directs FBR to forward matter of principal appraisers to management services wing
ISLAMABAD: Islamabad High Court (IHC) has directed Federal Board of Revenue to refer the matter of upgradation of the post...
K-Electric tariff goes up by Rs2.89
KARACHI: The federal government has increased the electricity tariff for the K-Electric consumers from Rs1.09 to Rs2.89 per unit. The...
Construction of two more lanes of N-55 starts
KARACHI: The addition of two lanes to National Highway, N-55, Ratodero-Shikarpur road was formally kicked off early this week....
Gaddani Customs to hold auction of 36 impounded vehicles on October 15
GADDANI: Collectorate of Customs Quetta will hold auction of confiscated vehicles on October 15, 2020 at Customs House Gaddani. Toyota...
FBR explains taxable income for collection of tax from corporate entities
ISLAMABAD: Federal Board of Revenue (FBR) has explained taxable income for collection of tax from persons or corporate entities. The...
Oil prices head for 10pc weekly jump on North America, Norway outages
LONDON: Oil prices fell on Friday, erasing an earlier rise but still leaving both benchmarks on track for their biggest...
Multan Customs impounds NDP vehicles & goods worth Rs389.054m
MULTAN: Collectorate of Customs Enforcement & Compliance (E&C) has impounded non-customs paid vehicles and miscellaneous goods worth Rs389.054 million during...
RCCI observes World Egg Day
RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) has organized an awareness seminar in connection with World Egg day...
Customs IOCO urged to make duty drawbacks realistic to facilitate exports
LAHORE: All Pakistan Textile Mills Association (APTMA) has sought for upward revision of duty drawbacks on exports to make them...
Pak diaspora in Canada urged to pursue long-term investments in Pakistan
OTTAWA: High Commissioner for Pakistan to Canada Raza Bashir Tarar has urged the Pakistani diaspora and their representative associations in...
NAB Sukkur arrests flour mill owner in wheat misappropriation case
SUKKUR: The National Accountability Bureau (NAB) Sukkur has arrested a flour mill owner in wheat misappropriation case. Ashok Kumar, a...
Pakistan plans crackdown on toxic cosmetic products
LAHORE: The government has planned a crackdown on production, marketing and sale of toxic cosmetic products over complaints about...
President Alvi for enhanced Pak-Nigerian trade, defence ties
ISLAMABAD: President Dr Arif Alvi stressed the need for increased cooperation between Pakistan and Nigeria in the areas of trade,...
FBR projects 12pc tax to GDP ratio in three years
ISLAMABAD: The Federal Board of Revenue (FBR) is projecting tax-to-GDP ratio at 12 percent in three years after slippage of...
Customs ASO seizes smuggled goods & NDP vehicle worth Rs20m
ISLAMABAD: Collectorate of Customs, Anti-Smuggling Organization (ASO) has seized huge quantity of foreign origin smuggled goods along with offending vehicles...
FBR I&I detects tax evasion of Rs10m by M/s SS Corporation
ISLAMABAD: The Federal Board of Revenue’s (FBR) Intelligence and Investigation (I&I) wing has unearthed another tax evasion scam. According to...
Tax evasion: I&I-Inland Revenue submits FIR against M/s Agri Trade International
KARACHI: Directorate of Intelligence & Investigation-Inland Revenue, has submitted FIR against Sohail Elahi son of Ahsan Elahi, owner of M/s...
M/s Kiutex Agencies & M/s CHACHA Bhatti Shoes challenged VR No 1351/2019
KARACHI: The Sindh High Court (SHC) directed customs officials to release the consignment of polyurethane pre-polymer in the shape of...
M/s Maqsood Industries seeks release of cement products without payment of demurrage charges due to COVID-19
KARACHI: M/s Maqsood Industries Private Limited has approached the Sindh High Court (SHC) and filed a constitutional petition seeking release...
Weekly inflation up 1.24pc due to uptick in prices of food items
ISLAMABAD: Weekly inflation for the combined group in the period ended on October 8 saw an increase of 1.24 per...
