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NAB recovers Rs 385.11m from M/s RG Pharmaceutical through plea bargain
LAHORE: The National Accountability Bureau (NAB) Rawalpindi has recovered Rs 385.11 million from two suspects, Tariq Haider and Mian Khalid...
Customs office foils illegal beef import from Oz, New Zealand
JAKARTA: The Customs and Excise Directorate General has announced that it managed to foil an alleged illegal import of seven...
IHC will hear tax reference filed by M/s CNPC Chuanqing Drilling today
ISLAMABAD: The Islamabad High Court (IHC) will hear on Wednesday a tax reference of M/s CNPC Chuanqing Drilling Engineering Company...
Excise launches crackdown against property tax defaulters in Lahore, Kasur
LAHORE: The Punjab Excise and Taxation Department has sealed 78 properties in different areas of Lahore and Kasur. The department...
Punjab govt imposing new taxes, withdrawing others in budget 2016-17
LAHORE: Punjab government proposed to impose new taxes and duties on various items in the provincial budget 2016-17 and withdraw...
FST benches will hear nine cases filed against FBR today
ISLAMABAD: Two division benches of the Federal Service Tribunal (FST) would hear nine cases filed against the Federal Board of...
FBR to establish new department to monitor industrial units
ISLAMABAD: The Federal Board of Revenue (FBR) has decided to establish a new department to monitor the performance of industrial...
Faisalabad Excise recovers Rs1.89b tax during first 11 months of FY2016-17
LAHORE: Excise and Taxation Department (ETD) has recovered Rs1.89 billion tax during first eleven months of current fiscal year. Director...
China’s exports rise, imports rebound in May
BEIJING: CHINA'S export growth in yuan-denominated terms slowed to 1.2 percent year on year in May from 4.1 percent in...
Govt releases Rs 234m for different social sector development projects in 2015-16
LAHORE: The government has so far released over Rs 234.850 million for different social sector development projects of the commerce...
ANF recovers heroin, hashish in vaious crackdowns
LAHORE: The Anti-Narcotic Force (ANF) has recovered a huge quantity of heroin and hashish in various operations. During the operations,...
BP to pay $175 mln to investors in oil spill suit
WELLINGTON: BP announced Friday that it has agreed to pay $175 million to settle a class-action lawsuit filed by investors...
Gujranwala division: Excise forms 70 teams to recover Rs 2.10b from defaulters
SIALKOT: The Excise and Taxation Department Gujranwala division has constituted 70 special recovery teams and these teams have started a...
Govt plans to broaden tax net: Maiza Hameed
ISLAMABAD: Pakistan Muslim League-N MNA Maiza Hameed said the government would bring more sectors into the tax net in the...
Police arrests two human traffickers from Sabzazar
LAHORE: A gang of human trafficking got busted in Police Station during a successful raid in Sabzazar area of Lahore....
ANF thwarts attempts to smuggle 45.65kg heroin in different raids
KARACHI: The Anti-Narcotics Force (ANF) has foiled smuggling attempts of drugs worth millions of rupees in different raids and arrested...
Shenzhen customs’ parallel trading crackdown has knock-on for local businesses
SHENZHEN: Pharmacies at Sheung Shui say they lost between 30 to 50 per cent of their business on Monday, as...
Customs seizes smuggled goods worth Rs 70m in joint operation
ISLAMABAD: In pursuance of directions of FBR Chairman Nisar Mohammad Khan and Member Customs Nasir Masroor regarding prevention of smuggling,...
Iran’s oil exports at highest level since 2012
TEHRAN: The latest market figures show that oil exports in April reached the highest level in over four years –...
Singapore port faces rough seas amid global gloom
WASHINGTON: When business was booming, port worker Ravindran would make up to 50 trips a day transporting cargo between ships...
