Slider News

Pakistan banks expected to report lower Q2 2026 profits

byCT Report

FTO orders FBR to fix IRIS glitches blocking Rs2.3m tax credit

FBR imposes excise duty on e-liquids used in vapes & e-cigarettes

SBP directs banks to integrate with PSW price verification portal by July 31

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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

Directorate gears up to add bulk oil, export modules in WeBOC

26/04/2014

KARACHI: The Directorate of Reforms and Automation-FBR is gearing up to install the modules including bulk oil and raw materials...

17pc sales tax: Low tax-to-GDP ratio may not allow ST rate slash

25/04/2014

ISLAMABAD: Low tax-to-GDP ratio has left the government with no option but to keep the sales tax rate, the major...

Gwadar ‘free port’ to be a game changer for whole region: Nawaz

25/04/2014

GAWADAR: Prime Minister Nawaz Sharif on Thursday said the current government plans to develop Gwadar as a ‘free port’ on...

Govt withholds Rs97b refunds, admits FBR chief

24/04/2014

ISLAMABAD: The top taxman of the country admitted on that the government was withholding Rs97 billion refunds of taxpayers –...

Rs 58m sales tax fraud: Q Mobile clears Rs40m after accountant’s arrest

23/04/2014

ISLAMABAD: FBR Official Spokesperson and Member Inland Revenue Shahid Hussain Asad has confirmed that Q Mobile accountant was apprehended during...

Rs450m scam: Customs begins probe into clearance of 1,900 vehicles

23/04/2014

KARACHI: The three-member fact-finding committee of the Customs Department has initiated investigation into a scam involving Rs450 million in the...

100th NMC participants visit FBR

23/04/2014

ISLAMABAD: A group of fifty three senior civil servants undergoing the 100th National Management Course (NMC), along with the Rector,...

Pak-India trade has bright future: SM Muneer

22/04/2014

LAHORE: Trade between Pakistan and India has bright future as both the countries are willing to enhance bilateral trade. Nevertheless,...

Pakistan Customs recovers Rs1,026m from cellular companies

22/04/2014

KARACHI: Pakistan Customs has recovered a massive amount of Rs1,026 millions from different mobile companies including Digicom Telecommunication, New Allied...

Amount for refund claims doubled: FBR to rope in 0.1m new taxpayers annually: Bajwa

21/04/2014

FAISALABAD: Federal Board of Revenue Chairman Tariq Bajwa reiterated the government’s resolve to expand tax net by bringing in new...

ONO issued against M/s Shaikh Tube Mills on mis-declaration; Rs7,764,732 due taxes to be paid

21/04/2014

KARACHI: The Collector of Customs, Adjudication-I has issued an Order-in-Original (ONO) No. 520/2013-14 against M/s Shaikh Tube Mills and its...

Importers hail Yahya’s appointment as DG Customs Valuation

21/04/2014

KARACHI: Importers, traders and other stakeholders expressed their contentment over the appointment of Muhammad Yahya as Director General (DG) Customs...

Installation of scanners for reverse Afghan cargo in the offing: Javed Ghani

19/04/2014

KARACHI: Pakistan has enormous potential for becoming the hub of regional transit trade and Prime Minister’s initiative to build 2,000...

FTO orders FBR to take action against officials for highhandedness

19/04/2014

ISLAMABAD: Federal Tax Ombudsman Abdul Rauf Chaudhry has directed Federal Board of Revenue to take action against certain tax officials...

Duty on cotton yarn import returns: ECC lifts ban from gold import

18/04/2014

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet decided withdrawal of SRO 15(I)/2010 to restore 5 percent customs duty...

APMSIDA demands revision of valuation ruling of motorcycle spare parts