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Smuggling curtailed by 80pc, legal import increased: Zahid Khokhar
KARACHI: Chief Collector Customs (Enforcement) South Muhammad Zahid Khokhar on Wednesday said that imports into the country increased after Customs...
Faisalabad Appraisement collects Rs 6075.89m in 10 months
FAISALABAD: Customs Collectorate of Appraisement surpassed the revenue target for first ten months (July-April ) 2016, as it collected Rs...
Senators call for tough measures to curb smuggling
LAHORE: Senators have urged the government to take strict measures against smuggling which is adversely effecting the economy of the...
Culture of tax amnesty schemes be eliminated, APBF chief
LAHORE: All Pakistan Business Forum (APBF) President Ibrahim Qureshi has said that the culture of amnesty schemes should be eliminated...
FBR assigns new revenue collection targets to RTOs
ISLAMABAD: Federal Board of Revenue (FBR) assigned new revenue collection targets to Regional Tax Offices, and collectorates. Sources told Customs...
Chief Commissioner Imran Raza Kazmi lauds Sialkot tax lawyers’ role in helping business community
LAHORE: Chief Commissioner Inland Revenue Imran Raza Kazmi hailed the role of the Sialkot tax lawyers in resolving issues of...
Member Dr Irshad seeks ginners’ list for refund claim payments
MULTAN: Federal Board of Revenue (FBR) Member (Operations) Dr Muhammad Irshad has asked the Pakistan Cotton Ginners Association (PCGA) to...
China to make gold imports, exports easier
BEIJING: China will test a new policy that aims to make the import and export of gold a lot easier,...
FBR asked to cut rate of duties on smuggling-prone items: Nasir Saeed
LAHORE: Federal Board of Revenue (FBR) must to cut rate of duties on all smuggling-prone items in order to check...
Customs asked for necessary steps at Wagah to facilitate trade
KARACHI: The Pakistan Customs has been directed to remain vigilant and provide round-the-clock to services to improve trade activities at...
FBR bans transfers, postings in field formations until June 30
ISLAMABAD: The Federal Board of Revenue (FBR) has banned transfers and postings of the officials in the field formations until...
EU adopts new prior-surveillance system for steel imports to protect industry
BRUSSELS: The European Union (EU) announced that it had established a prior-surveillance system for import of steel products into the...
Fesco pays Rs 6.3 billion tax annually to FBR
LAHORE: The Faisalabad Electric Supply Company (Fesco) is regularly paying taxes of Rs 6.3 billion annually to the Federal Board...
IMF announces $1.5b loan for Sri Lanka
COLOMBO: The IMF has agreed a US$1.5 billion loan for Sri Lanka in support of economic reforms aimed at reversing...
Hong Kong Customs detects two suspected smuggling cases of illicit cigarettes
HKSAR: Hong Kong Customs mounted a special operation to combat illicit cigarette smuggling on April 26 and 27. In the...
FBR bans entry of visitors until further orders
ISLAMABAD: The Federal Board of Revenue (FBR) has banned the entry of visitors until further orders. Deputy Chief Security...
First phase of CPEC will be completed by 2018: Ahsan Iqbal
ISLAMABAD: Ahsan Iqbal, the federal minister planning, development and reforms, has stated that the first phase of China-Pakistan Economic Corridor...
FBR collects Rs 279 billion from Jan to March 2016
LAHORE: The Federal Board of Revenue (FBR) collected Rs 297 billion against the set target of Rs 230 billion during...
Tax rules will hit major firms with Irish operations
DUBLIN: Global companies which make arrangements under Irish law to shield some of their most sensitive financial data from public...
Pakistan Business Council suggests taxes on all incomes
LAHORE: The Pakistan Business Council (PBC) has recommended the government to tax all the income irrespective of sources to boost...
