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Hyderabad Customs ramps up anti-smuggling drive, confiscates goods worth over Rs77m

byCT Report

Govt borrows Rs4.9 trillion from banks despite rise in tax collections

FBR freezes bank accounts over Rs23.23b tax dispute

Govt abolished Super Tax for major export-oriented companies

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Slider News

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

Budget 2014-15: Rs255b new taxes to reduce deficit

19/05/2014

ISLAMABAD: In order to bring down the budget deficit the government is expected to introduce new taxes in the upcoming...

Checking misuse: FBR mulls restricting ST registration to ‘manufacturers’

17/05/2014

ISLAMABAD: The Federal Board of Revenue will restrict sales tax registration to the category of ‘manufacturers’ in different sectors specifically...

SRO 351(I)/2014: Dar stops implementation, business community jubilant

17/05/2014

ISLAMABAD: Federal Finance Minister Ishaq Dar has suspended the implementation of the SRO 351 of 2014 and formed a committee...

SRB collects Rs3.9b, registers highest ever monthly collection

16/05/2014

KARACHI: Sindh Revenue Board (SRB) has collected over Rs 3.9 billion in the month of April. The total collection during...

Preventive association, club: Pak Customs Panel clean sweeps elections

16/05/2014

KARACHI: Pakistan Customs Panel has won the elections of Preventive Services Officers Association and Preventive Customs Services Club for the...

Budget proposals: All ports, banks, FBR offices should remain open on Saturdays

15/05/2014

KARACHI: All Chambers of Commerce and Industry and trade associations across the country have unanimously urged the government to reduce...

July-April: Central region customs duty collection up by 9pc

15/05/2014

LAHORE: Central region’s customs duty collection has increased by 9 per cent during the period from July to April during...

FTO Rauf orders timely refunds to exporters

14/05/2014

ISLAMABAD: Federal Tax Ombudsman Abdur Rauf Chaudhry has ordered Federal Board of Revenue to issue due refunds to all the...

FBR set for phasing out tax exemptions in 3 years, Bajwa tells senate

14/05/2014

ISLAMABAD: Federal Board of Revenue is all set for phasing out all the tax exemptions within three years as the...

IOCO recommends FBR to change SROs 565,567,575

13/05/2014

KARACHI: Input-Output Co-efficient Organization (IOCO) has forwarded recommendations to Federal Board of Revenue regarding change in concessionary regime/exemptions in SROs...

Importers, traders irked by higher valuation, gross weight charges

13/05/2014

KARACHI: Pakistan Customs authorities are determined to reduce the massive difference between the revenue collection and the revenue target set...

R&D Section of MCC Appraisement-East recovers Rs15.6m

12/05/2014

KARACHI: The Research and Development (R&D) Section of Model Customs Collectorate of Appraisement-East has recovered an amount of Rs 15,590,381...

76 illegal petrol pumps, depots demolished in 2 days of crackdown

10/05/2014

KARACHI: 76 illegal petrol pumps and depots in six districts of Karachi have been demolished in two days crackdown operation...

April 2014: MCC Port Qasim collects Rs20.2b, shortfall remains Rs10.4b

09/05/2014

KARACHI: Model Customs Collectorate of Port Muhammad Bin Qasim has collected an amount of Rs 20, 255.49 million in the...

Director Customs Intelligence vows to provide relief to genuine importers

09/05/2014

KARACHI: Responding to Karachi Chamber’s demands, Asif Marghoob Siddiqui, Director Intelligence & Investigation Customs, Federal Board of Revenue (FBR) announced...

50 illegal petrol pumps demolished during crackdown by IATF