Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Federal Board of Revenue (FBR)’s wing, Directorate of Intelligence & Investigation-Inland Revenue (I&I-IR) has exposed several unregistered business units in cigarette manufacturing sector while action has been initiated…
KARACHI: The Federal Board of Revenue (FBR)’s wing, Directorate of Intelligence & Investigation-Inland Revenue (I&I-IR), speeding up the ongoing drive against high net worth individuals, conducted a raid on a…
KARACHI: The Federal Board of Revenue (FBR)’s wing, Directorate of Intelligence & Investigation-Inland Revenue (I&I-IR) in its ongoing actions against high net worth individuals has visited the business premises of…
KARACHI: The Federal Board of Revenue (FBR), accelerating the drive against big fishes, asked all directors of Intelligence & Investigation- In land Revenue (I&I-IR) to furnish the updated information of…
KARACHI: The National Assembly Standing Committee on Finance headed by Qaiser Ahmed Shaikh visited the Regional Tax Office (RTO) on Friday and advised the Chief Commissioners to furnish concrete and…
KARACHI: In a bid to accelerate the rate of tax recovery, the Federal Board of Revenue (FBR)’s wing Inland Revenue Service (IRS) has demanded 184 vehicles, sources informed Custom News.…
KARACHI: In a meeting with Standing Committee of National Assembly on Finance, Revenue, Economic Affairs, Statistics and Privatization on Friday, the Inland Revenue Service (IRS) Karachi officials pointed out that…
KARACHI: The sub-division of Inland Revenue Service (IRS), Regional Tax Office (RTO-III), Karachi has identified thirty ghost employees while all concerned zonal officers are requested to trace them by Chief…
KARACHI: The overall revenue collection by Pakistan Customs in the fiscal year so far i.e. eight months (July-February 2016) has surged by 12.5 percent to Rs677 billion as against Rs602…
KARACHI: Pakistan and Czech Republic have implemented the convention for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and to promote…
KARACHI: Pakistan Customs is preparing a module in the WeBOC system to enable mandatory uploading of import-form i.e. I-Form for recording of the transaction between the importer and exporter. A…
KARACHI: Pakistan Stocks Exchange (PSX) has presented its proposals for the Federal Budget 2016-17 directed towards providing an impetus to create an investment friendly environment, spur investment, enhance industrial activity…
KARACHI: The Federal Board of Revenue (FBR) has stopped sales tax registration as manufacturers after it was found that certain elements not qualifying as manufacturers had got them registered as…
KARACHI: The Federal Board of Revenue (FBR) has notified 11 BS-19 officers of Pakistan Customs Service (PCS) with immediate effect. The officers moved include Mehnaz Bhaur moved from Secretary, Federal…
KARACHI: The Director General of Intelligence & Investigation – FBR has taken paramilitary forces onboard in its anti-smuggling campaign focusing Punjab in the second phase as in the first phase…
KARACHI: MCC Appraisement West has lodged four more FIRs against several accused for importing grey fabric, lubricating oil and mis-declaring port of shipment as China instead of UAE with ulterior…
KARACHI: Pakistan Ship Agents Association (PSAA) prayed to Sindh High Court making parties Model Customs Collectorate (Preventive), Federal Board of Revenue (FBR) and secretary (L and P) FBR to maintain…
KARACHI: The Model Customs Collectorate (MCC) Peshawar in collaboration with Customs Intelligence and Investigation (I&I) Peshawar has started a grand blockade and surveillance operation of main arteries of Peshawar in…
KARACHI: The Federal Board of Revenue (FBR) has notified promotion of 87 deputy superintendents / senior intelligence officers of Customs Department to the post of Superintendent (BS-16). These officers include…
KARACHI: Justice Muhammad Junaid Ghaffar of High Court of Sindh on Wednesday ordered release of a generator imported by a textile company against payment of differential amount of duties etc…