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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 issues tax registration procedure for filing annual return of income
ISLAMABAD: Federal Board of Revenue (FBR) has issued registration procedure for income tax in order to file income tax return....
ADC Yasin Murtaza distributes work among deputy, assistant collectors
KARACHI: Collectorate of Customs Appraisement and Facilitation (East) Additional Collector Yasin Murtaza has issued office order for distribution of work...
Bank deposits of salaried persons surge by 35pc to Rs2.252tr till August
KARACHI: The deposits of salaried persons in the domestic banking system surged by 35 percent in August 2020 as financial...
I&I-IR submits another FIR against M/s Accentuate Trading & M/s Karwan e Farzame Ashrafi Pvt Ltd in money laundering scam
KARACHI: Directorate of Intelligence & Investigation (I&I) Inland Revenue (IR) submitted another first information report (FIR) against suspect Muhammad Atif...
SHC directs to release consignment imported by M/s City Steel on bank guarantee
KARACHI: A division bench of the Sindh High Court (SHC) issued pre-admission notices to customs officials and also directed them...
ECC increases limit of importing duty free cars under disabled persons’ scheme
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet Wednesday allowed amendment in the import of Customs Duty Free Cars...
FTO disposes 28.56pc more complaints in 2019
ISLAMABAD : The Federal Tax Ombudsman (FTO) has disposed of around 2411 complaints during the year 2019, which shows 28.56...
Peshawar I&I IR recovers 216 cartons smuggled cigarettes near Mattani
PESHAWAR: The Directorate of Intelligence & Investigation-Inland Revenue, Peshawar intercepted a truck near Mattani Byepass and recovered 216 cartons of...
IHC seeks NAB comments in bail plea of foreign office’s ex-officer
ISLAMABAD: The Islamabad High Court (IHC) on Wednesday sought comments from National Accountability Bureau (NAB) in a post arrest bail...
Pak Rupee depreciates by 10 paisas against US dollar
KARACHI: The Pak Rupee slipped by 10 paisas against dollar on Tuesday owing to higher demand for import and corporate...
BMA Capital joins hands with PMRC to raise funds for housing market
LAHORE: BMA Capital Management (BMA Capital) has joined hands with Pakistan Mortgage Refinance Corporation (PMRC) in raising funds for the...
KCCI underscores need to fast-tack Karachi’s infrastructure rebuilding
KARACHI: Chairman Businessmen Group (BMG) & former President Karachi Chamber of Commerce & Industry (KCCI) Siraj Kassam Teli, while warmly...
Asian markets track Wall St rally, but ,more volatility expected
HONG KONG: Equities mostly rose in Asia on Tuesday, with support coming from a Wall Street rally fuelled by merger...
Restaurant owners boycott foodpanda over unfair practices
KARACHI: The All Pakistan Restaurant Association (APRA) has protested over the unfair practices by foodpanda and boycotted, also announced...
Pakistan, China sign agreement for Rashakai SEZ development
ISLAMABAD: Prime Minister Imran Khan said it was his government’s top priority to provide jobs to the locals through promotion...
FBR explains salary codes for tax returns
ISLAMABAD: Federal Board of Revenue (FBR) has explained codes to be used for entering the tax deducted at source under...
Customs E&C to conduct auction of 10 impounded vehicles tomorrow
LAHORE: Collectorate of Customs Enforcement and Compliance (E&C) will hold auction of confiscated vehicles tomorrow September 16, 2020. The auction...
Multan Customs seizes NDP crockery worth Rs7m near Khanewal
MULTAN: Collectorate of Customs Enforcement & Compliance seized huge quantity of non-customs paid foreign origin crockery during operation near Khanewal....
Multan Customs to hold auction of 23 confiscated vehicles on Sep 17
MULTAN: Collectorate of Customs Enforcement & Compliance (E&C) has finalized 23 confiscated vehicles for auction to be held on September...
Raids on to arrest absconders in fake pay orders case against M/s Voroly Impex
KARACHI: The Customs Court granted an application submitted by investigation officer of Customs Appraisement R&D (East) for submission of final...
