Slider News

Pakistan likely to receive $1.2b IMF tranche as board meets today

byCT Report

FCC declares Section 7E Property Tax unconstitutional, strikes down levy nationwide

Pakistan, Saudi Arabia explore oil refinery upgrades, energy cooperation

Govt to build 500MW floating solar project at Keenjhar Lake

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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 employees show disappointment over 7.5pc increase in salaries

06/06/2015

LAHORE: The employees of the Federal Board of Revenue showed disappointment on 7.5 percent increment in salaries which was announced...

Govt proposes taxation measures for fiscal year 2015-16

byCT Report

ISLAMABAD: The government on Friday proposed various taxation measures for fiscal year 2015-16, with focus on broadening revenue base, bringing...

Economic Survey 2014-15: Govt again misses targets; country suffers $107b losses in terror war

byCustoms Today Report

ISLAMABAD: The federal government once again missed the economic targets, including GDP growth, however, some positive indicators were also seen...

Valuation Dept determines customs value of tubular metal needle

KARACHI: The Directorate General of Customs Valuation has determined the value of tubular metal needle under Section 25-A of the...

NAB arrests secretary Excise, director Anti-Corruption on corruption charges

byAftab Channa

KARACHI: With its continued efforts to curb corruption in the Sindh government, the National Accountability Court (NAB) has arrested Secretary...

Dar extends tenure of Tax Reforms Commission

byShahid Minhas

ISLAMABAD: Federal Minister for Finance Ishaq Dar has extended the tenure of Tax Reforms Commission for further period of 90...

Nazim Saleem urges PRAL for maintenance of automated system

KARACHI: Chief Collector Enforcement-South Muhammad Nazim Saleem has written a letter to Chief Executive Officer (CEO) Pakistan Revenue Automation Limited...

Customs Adjudication-II orders ICI Pakistan to deposit short taxes Rs 25.94 million

KARACHI: Customs Adjudication-II, Karachi has given his decision in the favour of Appraisement-East on a contravention report on a case...

Multan Customs achieves 90% of target for fiscal year 2014-15

byImran Ali

MULTAN: Model of Customs Collectorate Multan has collected RS.1.164 billion as customs duty during May of current fiscal year 2014-15....

SHC issues interim order; stops customs from taking action against BOl

KARACHI: Sindh High Court (SHC) in an interim order has stopped the Directorate of Customs Intelligence and Investigation Karachi regions...

Lahore LTU achieves 100% target, collects Rs 18 billion in May, 2015

LAHORE: Federal Board of Revenue’s (FBR) Large Taxpayers Unit (LTU) Lahore has achieved 100 percent of target by collecting Rs...

Faisalabad Customs impounds non-duty paid truck worth Rs 4 million

byNaeem Sheikh

FAISALABAD: Customs Intelligence and Investigation Faisalabad impounded a non-duty paid truck worth Rs 4 million involving duty/taxes amounting to Rs...

Hyderabad ASO seizes smuggled items worth Rs 15 million in May

byAslam Anjum Qureshi

HYDERABAD: Model Customs Collectorate Hyderabad’s Anti-Smuggling Organisation has confiscated smuggled items and impounded ten non-duty paid vehicles worth Rs 15.16...

Appraisement-West’s PRV Cell recovers Rs 14m in May, 2015

KARACHI: The Post Release Verification (PRV) Cell of the Model Customs Collectorate Appraisement-West has recovered an amount of around Rs...

Customs tribunal refers Beijing Printing case back to Faisalabad adjudication for reconsideration

LAHORE: Customs Appellate Tribunal disposed of Beijing Printing Private Limited by referring it back to customs adjudication for reviewing the...

Gwadar Customs Collector Jawwad commends performance of collectorate

ASO Gwadar seizes 2.1 million litres of diesel in 11 months GWADAR: Model Customs Collectorate, Gwadar’s Anti-Smuggling Organistation (ASO) impounded...

Faisalabad Customs intelligence seizes smuggled cinnamon

byNaeem Sheikh

FAISALABAD: Customs Intelligence and Investigation Faisalabad has seized foreign origin smuggled cinnamon (dall cheni) worth Rs 400,000 involving duty/taxes amounting...

Historical achievement: Appraisement-East surpasses target by Rs5.032 billion in May

02/06/2015

KARACHI: The Model Customs Collectorate Appraisement-East has surpassed the revenue target by Rs 5.032 billion marking an historic achievement in...

Appraisement-West again exceeds target by Rs 1.87 billion in May, collects Rs 20b

02/06/2015

KARACHI: The Model Customs Collectorate Appraisement-West has collected total revenue of Rs 20.492 billion in May, 2015 against the set...

Appellate tribunal orders MLM industries to pay evaded tax Rs 3.2 million with penalty