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
Chambers seek clearance of ST refunds, Customs rebate claims of SMEs
KARACHI: President of the Karachi Chamber of Commerce and Industry (KCCI), Abdullah Zaki has informed that Federal Finance Minister Ishaq...
Rs450m vehicle amnesty scam: Entire customs staff may face inquiry
KARACHI: The 3-member fact-finding committee comprising MCC Exports Collector Dr Wasif Memon, Directorate of Intelligence and Investigation-Customs Karachi Additional Director...
25-30pc shortfall: Unfair valuation guidelines inflict huge revenue loss
KARACHI: Customs Collectorates in Karachi have recorded a steep shortfall of 25-30 percent in revenue collection in the month of...
Rs71.3m duty evasion: Contravention Report made against M/s Fazal Sardar textile mill
KARACHI: Model Customs Collectorate of Exports has made the Contravention Report (CR) against M/s Fazal Sardar Textile Mills in the...
Customs swings into action against vehicle import on fake MoC documents
KARACHI: MCC Appraisement-West has withheld two out of seven vehicles imported on fake permission letter of Ministry of Commerce while...
FBR seizes Al-Makkah Press bank accounts, recovers Rs 1,235,000 tax
LAHORE: Federal Board of Revenue (FBR) regional office has recovered Rs 1,235,000 tax from bank accounts of Al-Makkah Press (Pvt) Ltd...
Budget 2014-15: Rs255b new taxes to reduce deficit
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’
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
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
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
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
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
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
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
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
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
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
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
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
KARACHI: Model Customs Collectorate of Port Muhammad Bin Qasim has collected an amount of Rs 20, 255.49 million in the...
