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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

Appraisement-West collects Rs 24.6b in April 2016

KARACHI: The Model Customs Collectorate Appraisement-West collected Rs 24.645 billion in wake of duty/taxes during outgoing month April 2016. Sources told Customs Today that the Appraisement-West collected Rs 9.061 billion under the head of customs duty, Rs 10.996 billion under the head of sales tax, Rs 4.415 million as income tax and Rs 174 million under the head of federal ... Read More »

Gwadar Customs recovered Rs 273m during April

KARACHI: The Gwadar Model Customs Collectorate recovered miscellaneous goods worth Rs 273 million during the month of April. Customs Collector Saeed Akram said that during the various action of the department, nine persons were arrested who were allegedly involved in smuggling. He said that 70,000 liter Iranian diesel, two trucks, 400 kilogram charas, 250 bottles of alcohol, 200 handycame cameras ... Read More »

Excise seals 79 propeties, impounds 79 vehicles during action against defaulters

SIALKOT: The Excise and Taxation Department has sealed 79 properties and impounded 48 vehicles due to non-payment of property, professional taxes and token taxes. Sources informed Customs Today that Excise and Taxation Officer Muzaffar Qayyum constituted seven teams to take action against defaulters of property and professional taxes as well as token tax of vehicles. He said that during the ... Read More »

Sialkot RTO collects Rs 915m in April 2016, Rs 92m more than last year

SIALKOT: The Regional Tax Office (RTO) of the Federal Board of Revenue (FBR) collected Rs 915 million during April 2016, surpassing the collections of the corresponding period by Rs 92 million. The RTO collected taxes under the head of sales tax, income tax, withholding tax and federal excise duty (FED) during the period. It collected Rs 823 million under the ... Read More »

RTO-I collects Rs 52 billion, RTO-II bags Rs 54 billion in April

KARACHI: The Regional Tax Office-I (RTO-I) of the Federal Board of Revenue (FBR) collected Rs 52.345 billion under the head of different taxes during April 2016. It collected Rs 49.182 billion as income tax, Rs 3.114 billion in wake of sales tax and Rs 49 million under the head of federal excise duty (FED) during the said period. It may ... Read More »

FBR collects Rs2,345 billion taxes in July-April

ISLAMABAD: Federal Board of Revenue (FBR) has collected Rs2,345 billion taxes during first ten months (July-April) of the current fiscal year with 19 per cent growth over the corresponding period of last year. According to FBR spokesperson Dr Mohammad Iqbal, the FBR has collected Rs242 billion in the month of April as against Rs183 billion collected in the corresponding month ... Read More »

Customs intelligence impounds Rs 753m vehicles, items in nine months

LAHORE: Customs Intelligence and Investigations has seized Rs 753 million non-customs paid goods, articles and vehicles involving duty and taxes worth Rs 545 million during the nine months of financial year 2015-16. As per official data, the directorate impounded 29 foreign made vehicles worth Rs 58,400,000. The directorate seized 64512 yards of foreign made cloth worth Rs 6488,406, 490 cartons ... Read More »

Modern scanners will be installed at Karachi airport to curb smuggling

KARACHI: The Federal Board of Revenue (FBR) has asked the Model Customs Collectorate Preventive, Karachi to take measures to curb smuggling at Jinnah International Airport. Following he directions, the collector convened a meeting of the officers at his office in which it was decided that the latest technology scanners would be installed at the arrival and departure parts of the ... Read More »

RTO-II recovers Rs 12.6m from two tax defaulter companies

KARACHI: The Regional Tax Office-II (RTO-II) of the Federal Board Revenue (FBR) has recovered Rs 12.6 million in wake of sales tax from two companies. As per details, Al-Rehman Fabrics and Export was not paying taxes since long on which the RTO issued notices to the company but no any response was received. A team of officials visited the company ... Read More »

Customs Preventive collects Rs 262m duty from Pak-Indian trade

LAHORE: The Customs Preventives has collected Rs 262 million custom duty from Land Freight Unit (LFU) Wagah during the first nine months of current fiscal year on account of Pakistan-India trade through border, according to official data. It added that the major products which were exported to India during the period included dry dates, rock gypsum, soda ash, hydrogen peroxide, ... Read More »

Pak-China satellite to monitor economic corridor, borders, smuggling

KARACHI: Pakistan and China will launch Pakistan Remote Sensing Satellite (PRSS-1) for monitoring the economic corridor consisting of 2,442 km from Gwadar to Kashgar. According to the source, Pakistan Remote Sensing Satellite (PRSS-1) will not only be monitoring but will also be keeping eye on border crossing, smuggling from borders as well as terrorist activities. Pakistan Space and Upper Atmosphere ... Read More »

RTO collects Rs 2,112m from CDA, Iesco

ISLAMABAD: The Regional Tax Office (RTO) has recovered an amount of Rs 2,112 million from the Capital Development Authority (CDA) and Islamabad Electricity Supply Company (Iesco). Sources informed Customs Today that the RTO collected Rs 1.88 billion from the CDA under the head of income tax, while Iesco paid Rs 600 million to the Regional Tax Office. According to sources, ... Read More »

Govt again places Ayyan Ali’s name in Exit Control List

ISLAMABAD: After directions from the Supreme Court, the government removed super model Ayyan Ali’s name from the Exit Control List (ECL), but again reversed its decision by putting her name in the ECL. Sources informed Customs Today that Collector Dr Arsalan Subuctageen and the secretary interior submitted relevant documents in Supreme Court. According to these documents, the government removed the ... Read More »

ASO seizes gutka worth Rs 5.5m

ISLAMABAD: Continuing the anti-smuggling drive under the special directives of Model Custom Collectorate collector, the Anti-Smuggling Organisation (ASO) seized 2.2 metric ton of Indian origin banned smuggled guttka worth Rs 5.5 million. Under the supervision of Assistant Collector Tahir Khattak, the ASO team intercepted a 22 wheeler trailer bearing Registration No TLH-987 near entry point of Islamabad, which was coming ... Read More »

Multan Customs Intelligence seizes 32,000 litres diesel, oil tanker

MULTAN: The Customs Intelligence and Investigation has seized 32,000 litres of diesel along with oil tanker during an action. According to the details, a team of Customs Intelligence intercepted an oil tanker near Sakhi Sarwar check post, Dera Ghazi Khan. The container was carrying 32,000 litres of diesel. The officials asked the driver to show documents regarding the customs clearance ... Read More »

Faisalabad RTO collects Rs 26,532 million in nine months

FAISALABAD: The Regional Tax Office (RTO) of the Federal Board of Revenue (FBR) has collected Rs 26,532 million taxes in the first nine months of the current fiscal year against the assigned target of Rs 22,705 million. Sources told Customs Today that the RTO collected  Rs 15,478 million in income tax against the target of R 16,444 million, while  it ... Read More »

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 the period between January and March this year, official sources said. Sources informed Customs Today that the FBR has achieved its targets of revenue collection till the third quarter of the current fiscal year. It was said that total collection ... Read More »

Gwadar customs seizes 7,000 liters smuggled Iranian diesel

KARACHI: Customs Gwadar has recovered 200 drums of smuggled Iranian diesel and arrested two persons during a crackdown. Sources informed Customs Today that Collector Gwadar Saeed Akram received secret information about smuggling of 7,000 liters Iranian diesel. He formed a customs team under the supervision of Deputy Collector Aftab Shah who intercepted a truck and recovered 200 drums of Iranian ... Read More »

Faisalabad Excise collects Rs 925m as property tax

FAISALABAD: The Excise and Taxation Department has collected Rs 925.384 million in the wake of property tax from July to March of the current fiscal year and achieved the annual target of up to 71 percent. The department collected Rs 803.525 million as property tax from Faisalabad during the said period. It has achieved yearly target of Rs 1,113.7 million ... Read More »

Faisalabad Customs Appraisement collects Rs 5.396 billion in 9 months

FAISALABAD: The Model Customs Collectorate Appraisement surpassed the revenue target for first nine months (July-March), 2016 by Rs 65 million, as it collected Rs 5.396 billion against Rs 5.331 billion. As per details, the Custom Appraisement was assigned Rs 3148.73 million target in wake of sales tax but it surpassed the target by 135 percent, as it collected Rs 4243.10 ... Read More »