Sunday , December 15 2019
Breaking News
Home / Illustrations (page 41)


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

Multan Customs Intelligence seizes 4300 drums of hydrocarbon solvent

MULTAN: The Customs Intelligence and Investigation has recovered huge quantity of illicit hydrocarbon solvent in an action. According to the details, Customs Intelligence received credible information about foreign origin hydrocarbon solvent on which Deputy Director Naveed ur Rehman directed field intelligence unit to conduct raid. The officials raided a warehouse located in the industrial area of Multan and recovered 4300 ... Read More »

Commissioner Aftab Alam’s zone collects Rs 72.14m in 3 weeks

FAISALABAD: The Regional Tax Office (RTO) Zone-III of the Federal Board of Revenue (FBR) collected Rs 72.14 million under the head of sales tax during the first three weeks of May 2016. Commissioner Aftab Alam said that the current collection stood at Rs 56.12 million while it recovered Rs 16.02 million in the wake of arrears during the said period. ... Read More »

Sialkot ASO plans to monitor activities of goods transport companies

SIALKOT: The Customs Anti-Smuggling Organisation (ASO) has chalked out a plan to monitor the activities of goods transport companies in Gujranwala division. ASO incharge Assistant Collector Fahad Bashir Chaudhary told Custom Today this step has been taken following the involvement of various goods transport companies in smuggling of the goods and other items. He said that the people from Rawalpindi, ... Read More »

Peshawar ASO impounds 44 vehicles, goods worth Rs 98.7m

PESHAWAR: The Customs Anti-Smuggling Organization (ASO) confiscated 44 non-duty paid vehicles and contraband goods worth of Rs 98.743 million during first 15 days of May 2016. According to the details, the Peshawar ASO impounded 23 vehicles worth of Rs 33.2 million, seven vehicles under Section of 157 of the Customs Act, 1969 worth of Rs 9.3 million and impounded another ... Read More »

Multan ASO seizes 35,000 litres of diesel, oil tanker

MULTAN: The Customs Anti-Smuggling Organisation (ASO) has confiscated 35000 litres of high speed diesel worth Rs 1.097 million, besides impounding the oil tanker from Muzaffargarh worth Rs 2.5 million. According to the details, the ASO staff intercepted an oil tanker bearing Registration No TKG-366 near Qureshiwala, Muzaffargarh and recovered diesel. The officials asked the driver to show documents regarding the ... Read More »

RTO-II collects Rs 61.2 billion in 10 months

LAHORE: The Federal Board of Revenue (FBR) Regional Tax Office-II (RTO-II) collected Rs 61.232 billion during first ten months of the financial year 2015-16. As per details, the RTO-II collected Rs 35 billion in wake of income tax, Rs 26 billion as sales tax and Rs 232 million under the head of federal excise duty (FED) during the said period. ... Read More »

RTO-II collects Rs 41,345m in first 20 days of May

KARACHI: The Regional Tax Office-II (RTO-II) recovered Rs 41,345 million in the first 20 days of May. This amount is Rs 1,113 million extra than the amount collected during the first twenty days of April. Sources informed Customs Today that RTO-II collected Rs 41,345 million in the first 20 days of May from which Rs 37,616 million were collected under ... Read More »

RTO-I collects Rs 42,354m during 20 days of May

KARACHI: The Regional Tax Office-I (RTO-I) recovered a revenue of Rs 42,354 million in first 20 days of May. Sources told Customs Today that collection process has already been geared up as the current fiscal year is going to end soon. Sources said that the RTO-I collected Rs 40,296 under the head of income tax, Rs 2,012 million as sales ... Read More »

SHC issues notice to govt on contempt plea filed by model Ayyan Ali

KARACHI: The Sindh High Court (SHC) on Friday issued notices to the federal interior ministry, DG FIA, DG immigration and deputy attorney general on a contempt application filed by model Ayyan Ali for not removing her name from Exit Control List (ECL) despite the court’s order. A two-member bench, headed by Justice Ahmed Ali M Sheikh, heard the urgent application. ... Read More »

FBR extended deadline for filing of tax returns to facilitate taxpayers

ISLAMABAD: The Federal Board of Revenue (FBR) has been extending the deadlines for filing of income tax returns on the request of chambers of commerce, tax bar associations and trade bodies. The FBR granted the extension to encourage a large number of people to file their income tax returns,” sources told Customs Today while explaining logic behind repeated and frequent ... Read More »

Multan Customs clears 3,065 export consignments during ten months of financial year 2015-16‏

MULTAN: Customs Collectorate Multan has smoothly cleared 3,065 export consignments during the first ten months of the on-going fiscal year. The customs collectorate has exported seven consignments from Rahim Yar Khan region through Air Freight Unit (AFU). Rahim Yar Khan airport is the second best option for import and export of various consignments through Air Freight Unit in the region ... Read More »

Customs Intelligence seizes contraband items worth Rs 88m in 7 days

ISLAMABAD: Following the directions of Director General Imtiaz Ahmad Khan, the Customs Intelligence and Investigation confiscated smuggled items and non-duty paid vehicles worth Rs 88.1 million during first seven days of running month, May, 2016. The Customs Intelligence has expedited the anti-smuggling drive all over the country. The director general has directed all officials not to be negligent against the ... Read More »

FBR suggests Rs 3,700 billion target for financial year 2016-17

KARACHI: The Federal Board of Revenue (FBR) has suggested setting Rs 3,700 billion as target for revenue collection during the upcoming fiscal year 2016-2017. According to the source, the FBR while suggesting target of Rs 3,700 billion for the upcoming financial year has also asked to increase taxes of worth Rs 600 billion on different items in the budget. It ... Read More »

Customs to hold auction of 50 non-duty paid vehicles on May 19

ISLAMABAD: The Collector Customs will hold auction of smuggled goods on May 19. The auction will be take place in State Warehouse which is located at Sector G-12. Sources told Customs Today that according to estimates, the customs authorities are optimistic that they will generate a revenue of Rs 20 million through this auction. At least 50 vehicles will be ... Read More »

FBR collects Rs 850m tax, documents Rs 85 billion of working capital via tax amnesty scheme

ISLAMABAD: The Federal Board of Revenue (FBR) is of the view that Voluntary Tax Compliance Scheme (VTCS) can’t be declared as a failed attempt to broaden the tax base and document the economy. “So far 9,020 returns have been filed under the VTCS and a huge amount of tax Rs 850 million has been deposited resulting into documentation of working ... Read More »

Sialkot Customs confiscates items worth Rs 28.87m in April

SIALKOT: The Customs Anti-Smuggling Organisation (ASO) made significant progress against smuggling and seized non-duty paid goods and vehicles worth Rs 28.87 million in April 2016 as compared to Rs 14.87 million during the same period last year. The ASO officials, following the directions of Collector Ahmad Reza, conducted various anti-smuggling operations in the region. Under the supervision of Assistant Collector ... Read More »

Peshawar ASO seizes items worth Rs 942m in 10 months

ISLAMABAD: The Customs Anti-Smuggling Organisation (ASO), Peshawar, confiscated smuggled items, including vehicles worth Rs 942.57 million during the first 10 months of the current fiscal year 2015-16. As per details, the Peshawar ASO seized the items worth Rs 1709.67 during same corresponding period of last year 2015-16. The department seized items almost Rs 767.1 million less than the last year. ... Read More »

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 6075.89 against the set target of Rs 6042.21 million. As per details, the Custom Appraisement was assigned Rs 3618.34 million revenue collection target in wake of sales tax but appraisement surpassed the target by 135 percent, as it collected Rs ... Read More »

Faisalabad Customs Appraisement collects Rs 678.9m in April

FAISALABAD: The Model Customs Collectorate Appraisement collected Rs 678.94 million during April, 2016 against the set target of Rs 710.57 million by achieving it up to 96 percent. The Customs Appraisement collected revenue under the heads of customs duty (CD), sales tax (ST), income tax (IT) and federal excise duty (FED) during the said period. According to the statistics available with ... Read More »

Ashad Jawwad’s Appraisement East collects Rs 29.279b taxes/duties in April 2016

KARACHI: Collector Appraisement East Ashad Jawwad has collected at least Rs 29.279 billion taxes/duties under various heads during the month of April 2016. Sources told Customs Today that the Appraisement East collected Rs 10,581 million under the head of customs duty, Rs 13,878 million under the head of sales tax, Rs 4,684 million as income tax and Rs 137 million ... Read More »