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Islamabad

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

Govt striving to get access to US markets: Dar

ISLAMABAD: Federal Minister for Finance, Ishaq Dar said that Prime Minister had stressed American leadership to provide access to its markets for boosting trade activities. International economic rating agencies are expressing positive outlook of country’s economy. Investment activities in the country would provide employment opportunities to the people. He expressed the hope that Pakistan would soon become 11th biggest economy ... Read More »

Speedy vessels to enhance export soon: Kamaran Michael

ISLAMABAD: Federal Minister for Ports & Shipping Senator Kamran Michael has said that the government is planning to bring new technology to enhance exports and strengthen Pakistan’s economy. He said, “We are working on speedy vessels project to boost livestock and perishable goods trade.” He said that the products which are already being exported to Middle East includes fruits, meat ... Read More »

FBR initiates plan to improve communication skills of FATE Wing

ISLAMABAD: Federal Board of Revenue (FBR) has initiated a plan to strengthen skills of Facilitation and Taxpayer Education (FATE) Wing in order to improve communication strategies under the revenue mobilisation project by the World Bank. According to an official document, in this regard the consulting firms are being invited by FBR for consolidating the communication strategy of the revenue body. ... Read More »

Zahoor assumes charge as Quetta MCC Collector

ISLAMABAD: Zahoor Akhtar Raja (PCS/BS-20), in pursuance of Federal Board of Revenue`s notification No. 2620-C-I/2013, dated 04-11-2013, has relinquished charge of the post of Collector, Collectorate of Customs (Adjudication-II), Karachi. He has assumed charge of the post of Collector, Model Customs Collectorate, Quetta. Read More »

FBR, IPO-Pakistan launch operation against smuggled/pirated goods

ISLAMABAD: Federal Board of Revenue has launched countrywide operation against the smuggled/pirated goods in coordination with the Intellectual Property Organisation of Pakistan. FBR has issued instructions to all Collectors of Customs in this regard to seriously examine the concerns of IPO-Pakistan for appropriate action. According to FBR instructions to the field formations, FBR has received complaints of IPO-Pakistan on IP ... Read More »

Taxes the only way to get out of debt trap: Spokesperson FBR Shahid Asad

ISLAMABAD: The newly-designated Official Spokesperson for FBR and Member (IR Policy), Shahid Hassain Asad, has said that although the media generally projects a negative image of tax collection machinery, there is also a lot of positive reporting in newspapers about the work being done by FBR. All reports should be properly investigated to verify the facts and figures and the ... Read More »

Customs for curbing cattle smuggling from Balochistan to Iran

ISLAMABAD: Customs authorities have decided to take strict action against livestock smuggling from Balochistan to Iran as the smugglers are transporting animals by simply obtaining NOCs from local administration of different districts. The Customs officials have raised the issue with the Chief Secretary of Balochistan for curbing the practice with stern administrative steps and urged him to direct the district ... Read More »

Ishaq Dar chairs ECC meeting

ISLAMABAD: Federal Minister for Finance Senator Ishaq Dar has chaired a meeting of Economic Coordination Committee (ECC), which has approved a proposal of Ministry of Industries for procurement of 150,000 MT of sugar from domestic sugar mills by Trading Corporation of Pakistan for supply to Utility Stores Corporation (USC). The ECC also decided to place before it a comprehensive policy ... Read More »

FBR to reorganise PRAL

ISLAMABAD: FBR is reportedly going to reorganise Pakistan Revenue Automaton Limited (PRAL) in order to monitor and evaluate performance of the organisation. Sources said that the Board of Directors’ meeting, to reconstitute PRAL and to end influence of few officials on the organisation, would be convened, after the Board in Council meeting during the current month. The method of reconstituting ... Read More »

Effective implementation of economic policies can make a big difference: BoI Chairman

ISLAMABAD: Without improving economic fundamentals of the country, the investment-to-GDP ratio cannot be improved in Pakistan, said Chairman Board of Investment Mohammad Zubair. In an exclusive interview with Customs Today at his office just before his departure for UK, Germany and many other parts of the world to lure foreign investors for boosting investment in Pakistan, Chairman BoI said that ... Read More »

Transfers and postings of PCS officers

ISLAMABAD: FBR has made the following transfers and postings of the officers of Pakistan Customs Service (BS-20). As per notification, Muhammad Ibrahim Vighio (Pakistan Customs Service/BS-20) has been transferred from Collector Model Customs Collectorate, Quetta to Collector Model Customs Collectorate, Hyderabad; Muhammad Asif Marghoob Siddiqui (Pakistan Customs Service/BS-20) from Collector Model Customs Collectorate, Hyderabad to Collector Collectorate of Customs (Adjudication-II), ... Read More »

FBR to facilitate exporters with one-window service

ISLAMABAD: Federal Board of Revenue has decided to provide one-window service to exporters for their export related business. In the past, if a businessman wanted to export one’s goods, he faced a protracted procedure and had to go three different organisations. The exporter had to get approval from three organisations, namely Input/Output Co-efficient Organisation (IOCO); Engineering Development Board of Pakistan ... Read More »

SC orders Customs to probe into missing containers case

KARACHI: The Supreme Court has ordered Customs officials to investigate the case of 19,000 containers reportedly missing from the Karachi port. A three-member bench of the apex court, headed by Chief Justice Iftikhar Mohammad Chaudhry, was hearing the case over the implementation of the court’s verdict in the Karachi law and order case at the Karachi registry. Issuing an interim ... Read More »

FBR witnesses Rs35b revenue shortfall in July-October

ISLAMABAD: Federal Board of Revenue (FBR) has witnessed revenue shortfall of Rs35 billion in July-October period of the current fiscal year as FBR collected Rs635 billion against the target of Rs670 billion. According to sources, the revenue collection has crossed Rs635 billion during first four months of this fiscal year against Rs546 billion during the corresponding period of last year, ... Read More »

FBR applying int’l customs standards locally, says Dr Zubair

ISLAMABAD: Dr. Mohammad Zubair, Chief International Customs at FBR Headquarters, Islamabad, has said that their role is not only to keep abreast of the ongoing customs reforms and changes internationally but also to implement the emerging trends locally. Cooperation among international customs people is very important to secure the interests of exporters and importers. In an exclusive interview with Customs ... Read More »

FBR orders all MCCs to audit data of cargo movements at ports

ISLAMABAD: FBR has ordered all Model Customs Collectorates to audit data of inter-port cargo movements and confirm whether all unclaimed containers are available at the ports or cleared illegally against fake Goods Declarations, causing revenue loss to the national exchequer. The sources said that after the detection of illegally clearing of the containers at Port Qasim, FBR wants to determine ... Read More »

FBR officials brief IMF delegation about revenue target

ISLAMABAD: A delegation of International Monetary Fund (IMF) has called on FBR Chairman Tariq Bajwa, Directorate General Customs Intelligence & Investigation and other officials here the other day. FBR officials, while giving briefing to the IMF delegation, said that Federal Board of Revenue has set Rs2,475 billion revenue target for the current fiscal year 2013-14, while last year Rs1,939.4 billion ... Read More »

Rawalpindi-Islamabad Customs agents call off strike

ISLAMABAD: Rawalpindi-Islamabad Customs Agents Association has called off its two-day strike against the alleged negative behaviour of Deputy Collector Ayesha Bashir Wani. RICAA President Rana Aqeel told Customs Today that the demands put by the association have been fulfilled by the Collectorate. He said that though the strike resulted in the loss of revenue collection but the association had to ... Read More »

Customs seizes smuggled tyres, rims worth Rs22m in Quetta

QUETTA: Customs Collectorate’s anti-smuggling unit has seized huge quantity of smuggled tyres and rims worth Rs22 million. Sources said that an anti-smuggling unit team headed by Amanullah Tareen conducted raid in Bostan near Kuchlak area, Quetta and seized two 40-feet containers, which were loaded with smuggled tyres and rims. They said that around 1,000 tyres and 1,700 rims were recovered ... Read More »

Shahid Hussain Asad designated as Official Spokesperson for FBR

ISLAMABAD: Shahid Hussain Asad (IRS/BS-21) presently posted as Member (IR Policy), Federal Board of Revenue (Hq) Islamabad is designated as Official Spokesperson for FBR with immediate effect and until further order. He holds a Master’s degree in English Language & Literature from Government College, Lahore, and a degree in Law from University of the Punjab, Lahore. He has undertaken a ... Read More »