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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

Dastgir given portfolio of Commerce Minister

ISLAMABAD: Prime Minister Nawaz Sharif has changed the portfolio of Minister of State Khurram Dastagir Khan by taking away the portfolio of Privatisation from him. According to a notification, Dastagir has been appointed Minister of State for Commerce and Textiles. The portfolio of Privatisation is now vacant. In addition to his current portfolio, Dastagir also heads the National Assembly’s Standing ... Read More »

No room for corrupt officers in FBR: Bajwa

KARACHI: Federal Board of Revenue (FBR) Chairman Tariq Bajwa has warned the Customs officials that there is ‘no room’ for the corrupt officials in FBR. FBR Chairman said this while discussing different matters pertaining to revenue generation, target achievements and missing containers with the high officials during the visit to Customs House, Karachi. Tariq Bajwa asked the officials concerned to ... Read More »

Chief Collectors, Collectors asked to submit arms and ammunition data

ISLAMABAD: The Federal Board of Revenue (FBR) has issued instructions to all Chief Collectors and Collectors of Customs to submit arms and ammunition data stored in the customs warehouses along with seized weapons to collect authentic information on national level. According to the instructions to the field formations, Chief Collectors and Collectors of Customs should immediately apprise the board about ... Read More »

Purchasing apartments in Dubai: FBR seeks to collect buyers’ information

ISLAMABAD: Federal Board of Revenue (FBR) has made an attempt to collect particulars of Pakistanis, who have shown interest in buying properties and luxurious apartments in Dubai, as recently seminars were organised in Karachi and Lahore by international marketing companies to lure the local investors. It has been reliably learnt that foreign property companies from Dubai held seminars in Karachi ... Read More »

FBR sees no increase in smuggling of foreign currencies

ISLAMABAD: Federal Board of Revenue (FBR) Customs Intelligence Department has reported no significant increase in smuggling of foreign currencies during the last few weeks. Sources said that it is almost impossible to smuggle foreign currencies in big quantity owing to concurrent checking and monitoring by the customs staff and other agencies at airports. The FBR intelligence unit takes action against ... Read More »

Action against tax evading hotels kicked off

ISLAMABAD: Directorate General Intelligence & Investigation Inland Revenue (DGI&I IR) has started taking action against the hotels involved in sales tax evasion and federal excise duty (FED). In spite of being the luxurious and most expensive, some hotels and restaurants situated in the federal capital’s posh areas are paying minimal taxes and causing huge revenue loss to the exchequer. The ... Read More »

Customs seizes illegal goods worth millions of rupees in July-Aug

KARACHI: The Directorate General of Customs Intelligence and Investigation (I&I), Karachi has conducted 27 operations during the months of July and August, saving millions of rupees for the national exchequer. According to details, Directorate of Customs I&I in the month of July seized goods worth millions of rupees in 15 cases of various types. It seized three U/S 157 vehicles ... Read More »

FBR obtains info of luxury vehicles to identify taxpayers

KARACHI: To collect maximum income tax returns, the FBR has obtained data of around half million luxurious motor vehicles, official sources said. The Federal Board of Revenue (FBR) is categorizing the data of about 450,000 vehicles – registered with the Karachi Motor Vehicle Registration Authority during the last three years – by capacity-wise and will compare with the returns filed ... Read More »