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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

Lahore to Sialkot Motorway to be opened today

LAHORE: National Highway Authority has announced to open the Lahore–Sialkot M-11 Motorway today (Wednesday). According to details, the distance between Lahore to Sialkot will be reduced from two hour and thirty minutes to only fifty minutes after the opening of the motorway. This step will help to boost the development activities in the region.   Read More »

LHC seeks report on supply of masks, sanitizers from government

LAHORE: The Lahore High Court (LHC) on Tuesday ordered the government to submit report on supply of masks and sanitizers. A bench of the high court headed by Chief Justice Mamoon Rashid Sheikh heard a petition on shortage of sanitizers and masks in market amid soaring cases of novel coronavirus disease in Pakistan. The court had earlier issued a written ... Read More »

FTO assures redressal of tax related issues on priority basis

LAHORE: Fazal Yazdani Khan Advisor Customs of the Federal Tax Ombudsman visited Lahore Chamber of Commerce & Industry (LCCI) and made a presentation of services provided by FTO to the business community of Pakistan to speedily address their problems without fear and favour. Irfan Iqbal Sheikh President, Main Zahid Sheikh Vice President with Rehmatullah Javed were the prominent in this ... Read More »

LHC approves steps against coronavirus

LAHORE: Lahore High Court approved different precautionary measures, including “no handshaking,” to be observed by all visiting the courts in the provincial metropolis. An extended meeting of the judges presided over by Chief Justice Mamoon Rashid Sheikh decided that only those litigants or parties or officials shall be allowed to enter the courtrooms who would be specifically required or directed ... Read More »

DC Nauman Tashfeen transfers 10 employees with immediate effect

LAHORE: Collectorate of Customs Appraisement & Facilitation Mughalpura Dryport, Deputy Collector Muhammad Nauman Tashfeen has issued orders for transfer and posting of the following officials with immediate effect and until further orders: Inspector Abdil Ismail Chishti is transferred from refund, rebate branch, Customs House and posted to bank guarantee+ baggage section. Upper Division Clerk Muhammad Zuabir Maqbool is transferred from ... Read More »

Customs ASO seizes Rs400m smuggled goods, vehicles in 10 days: ADC Saeed Wattoo

LAHORE: Collectorate of Customs Preventive Anti-Smuggling Organization (ASO) have seized over Rs 400 million illegally imported smuggled goods and vehicles and planned to achieve the set target of Rs 800 million during the month of March 2020. This was stated by Additional Collector Customs Muhammad Saeed Wattoo while talking to Customs Today in his office. He said that on directions ... Read More »

ASO seizes smuggled betel nuts worth Rs120m from Sundar

LAHORE: Collectorate of Customs Preventive Anti-Smuggling Organization (ASO) recovered huge quantity of non-duty paid betel nuts. Sources told Customs Today that Collector Customs Preventive Basit Maqsood Abbasi received credible information about smuggling of betel nuts. He immediately constituted a anti-smuggling squad under the supervision of Assistant Collector Salman Javed and Ali Tauqir. The anti-smuggling squad raided a godown located in ... Read More »

DC Nauman Tashfeen bans entry of un-authorized persons in appraisement

LAHORE: Collectorate of Customs Appraisement and Facilitation Dryport Mughalpura Deputy Collector Mohammad Nauman Tashfeen has issued public notice banning un-authorized persons in the premises. The public noticed read as “it has been observed with great concern that some individuals are working as customs clearing agents in different branches are associated for helping the importer in sorting out illegal ways of ... Read More »

Customs Preventive arrests accused involved in 6.5kg heroine smuggling case

LAHORE: Collectorate of Customs Preventive Investigation and Prosecution (I&P) branch has arrested main accused who is involved in Rs65 million after a lapse of one year. Sources told Customs Today that Customs Investigation & Prosecution branch has registered FIR no 6/2019 and nominated Asad Ferzand Ali and Shnawar Ali for smuggling of 6.5 kilograms heroine while the bid was foiled ... Read More »

Customs I&I foils attempt to smuggle cigarettes & betel nuts worth Rs33m

LAHORE: Directorate of Customs Intelligence and Investigation (I&I) foiled an attempt to smuggle foreign origin cigarettes and betel nuts. Sources told Customs Today that credible information was received through the Director I&I-Customs that a huge quantity of foreign origin goods are being smuggled and the same are loaded on trucks which are parked outside main gate of Niaz Aarhat. Accordingly ... Read More »

POL rates expected to drop amid global crude oil plunge

LAHORE: The oil prices are expected to drop in Pakistan, says ex-minister of Finance Salman Shah amid the plunge in global crude oil rates on Monday. The economist, who has served on important positions, was of the view that the government is in a position to announce a big relief to the public next month. The development comes after oil ... Read More »

Govt considering cut in interest rate: Shibli Faraz

  LAHORE: Leader of the House in the Senate Syed Shibli Faraz has said that the inflation is coming down and if this trend continues, there definitely would be a cut in interest rate. In an exclusive interview with the state-run news agency here, he said that high-interest rates were also affecting stocks as the investors preferred to keep their ... Read More »

GSP-Plus status to improve Pakistan’s exports by 9.5pc

LAHORE: Governor Punjab Chaudhry Mohammad Sarwar on Saturday extended gratitude towards a European Union (EU) Parliament delegation led by its vice president for extending the Generalized Scheme of Preferences Plus (GSP+) status for the country. “We are thankful for your support in extending GSP plus status for the country,” Chaudhry Sarwar was quoted as saying during a meeting with the ... Read More »

SECP implements measures to enhance liquidity

LAHORE: The Securities and Exchange Commission of Pakistan (SECP) has been undertaking a reform agenda to revitalise the market, with primary focus on measures to enhance liquidity, ease-of-doing business and address practical difficulties faced by market participants. Investors are now allowed to pledge government securities as collateral in lieu of cash/bank guarantee in the futures market. This measure will promote ... Read More »

LHC bans polythene bags in Lahore

LAHORE: The Lahore High Court (LHC) has banned the use of polythene bags at all stores and hotels in the provincial capital, according to media reports on Friday. Justice Shahid Kareem conducted hearing on Advocate Salman Khan Niazi’s petition and gave deadline of two weeks to fully abandon polythene bags. The Environment Protection Department told that the court order has ... Read More »

Customs I&I seizes smuggled carbon steel wire worth Rs5.7m from Mominpura

LAHORE: Directorate of Customs Intelligence and Investigation (I&I) has seized Rs5.7 million smuggled carbon steel wire during crackdown. Sources told Customs Today that Customs Intelligence and Investigation Director Sadia Muneeb received credible information that huge quantity of non-duty paid carbon steel rods are dumped in a godown located at Mominpura Road . She immediately constituted a customs I&I squad under ... Read More »

FBR files 12 references against owners of 3,134 kanals of benami land

ISLAMABAD: The FBR’s Anti Benami Zone, Islamabad, has filed 12 references before the Adjudicating Authority for owning 3,134 Kanals of land having value of billions of rupees. There are 12 Benamidars but the beneficial owner is one person in this whole case. Earlier, in case of disputes people went to courts for litigation but after enactment of the Benami Law ... Read More »

Customs AIIA foils bid to smuggle 11kgs of katamine

LAHORE: Collectorate of Customs team deputed at Allama Iqbal International Airport and arrested two passengers who were attempting to smuggle 11 kilograms of katamine. Sources told Customs Today that Collector Customs Allama Iqbal International Airport Azmat Tahira directed to enhance monitoring of all passengers who were departing from Lahore after receiving credible information about smuggling of narcotics. The customs team ... Read More »

Punjab govt to provide tax relief on voluntary PRA registration

LAHORE: Provincial Finance Minister Makhdoom Hashim Jawan Bakhat said that the Punjab government would give tax relief on voluntary registration with the Punjab Revenue Authority (PRA). Chairing a maiden meeting of the Resource Mobilization Committee here, he added that relief would also be extended on start of new businesses in the SME (Small and Medium Enterprise) sector, besides reducing the ... Read More »

‘Govt must take action against Maersk, QICT to provide relief to importers’

LAHORE: Government should take strict action against M/s Maersk Pakistan (Pvt) Ltd and Qasim International Container Terminal (QICT) and also probe the role of Habibullah Khan for allegedly looting worth 610 billion rupees from importers through collection of unlawful demurrage and detention charges from genuine importers. It was stated by Barrister Qadeer Ahmad while talking to Customs Today regarding blackmailing ... Read More »