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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

Session Court sentences Czech woman to 8 years in prison for smuggling heroin

LAHORE: A sessions court in Lahore on Wednesday sentenced Czech national Tereza Hluskova to eight years and eight months in prison and fined Rs 113,000 after she was found carrying eight and a half kilogrammes of heroin last year from Lahore’s Allama Iqbal International Airport. Hluskova was arrested while attempting to smuggle the heroin from Lahore to Abu Dhabi while ... Read More »

Zeba Hai Azhar assures to present LCCI budget proposals to FBR high-ups

LAHORE: Customs Central Region held a meeting with the business community urging them to present their proposals for the upcoming budget 2019-10. Chief Collector of Customs Zeba Hai Azhar presided over the meeting and consulted with the traders about their input for the budget. LCCI Vice-President Fahemur Rehman while presenting the budget proposals urged the government to undertake tariff rationalization, refunds, ... Read More »

Collector Appraisement issues contempt of court notice

LAHORE: Lahore High Court (LHC) has issued contempt of court notice to Collector of Customs Amjid ur Rehman. Justice Aysha A Malik was informed by M/s Febrica that the company’s containers have been seized despite the fact that the company has paid customs duty to get clearance. The court said its order of February is not being implemented. The court ... Read More »

Model Town incident: JIT records Nawaz’s statement in prison

LAHORE: A joint investigation team, formed to probe the Model Town tragedy, on Wednesday recorded the statement of ousted prime minister Nawaz Sharif in Lahore’s Kot Lakhpat prison according to media reports. A five-member JIT, led by IG Motorway AD Khawaja, prepared 22 questions for Nawaz and he was quizzed in his barrack. The JIT had sought formal permission from ... Read More »

No escape for tax evaders, warns Hammad Azhar

LAHORE: Advisor to Prime Minister on Revenue Hammad Azhar has said that there would be no escape for tax evaders and there would be no need for raids by FBR. He said that raids by FBR on business premises have been suspended till March 31, 2019. He advised all those that evaded or understated income to file tax realistic returns. ... Read More »

Ahad Cheema’s judicial remand extended till April 4

LAHORE: An accountability court on Tuesday extended the judicial remand of former director general of Lahore Development Authority (LDA) Ahad Cheema till April 4. The court questioned the investigation officer regarding the status of the final report of the LDA City project. The officer apprised the court that a final report has been prepared which would be submitted in the ... Read More »

NAB Court extends judicial remand of Rafique brothers’ till April 4

LAHORE: The judicial remand of (PML-N) leader Khawaja Saad Rafique and his brother Salman Rafique was extended till April 4 by an accountability court. During the hearing, the court inquired whether a National Assembly session was in progress in Islamabad after jail authorities submitted a petition in court. The jail authorities responded that there is a standing session of the ... Read More »

NAB files fresh reference against Fawad Hasan Fawad

LAHORE: The National Accountability Bureau (NAB) on Monday filed a second corruption reference against Fawad Hasan Fawad, former principal secretary to the ex-prime minister, Nawaz Sharif. The latest reference against Fawad pertains to alleged accumulation of assets beyond known sources of income, according to the bureau’s Lahore chapter. In the reference, it is alleged that Fawad amassed Rs1.09 billion worth ... Read More »

Govt to announce new trade policy soon: Razak Dawood

LAHORE: A new trade policy will be announced soon, said Prime Minister’s Adviser on Commerce Abdul Razak Dawood on Saturday. Addressing a seminar on ‘Trade opportunities in China, Indonesia and the United States of America’, he said that the new trade policy was being formulated in consultation with all stakeholders to make it more effective and fruitful. The event was ... Read More »

NAB Court extends judicial remand of Aleem Khan till April 2

LAHORE: An accountability court on Monday extended by 14 days the judicial remand of Pakistan Tehreek-e-Insaf (PTI) leader and former senior Punjab minister Aleem Khan. On March 5, Aleem was sent to jail on a 14-day judicial remand in a case pertaining to his offshore companies and alleged possession of assets beyond his known sources of income. The PTI leader ... Read More »

No FBR raids on business houses till March 31: Hammad Azhar

LAHORE: The Federal Board of Revenue (FBR) has assured that no raids would be conducted on business houses in Lahore till 31st March. The assurance was given to Lahore Chamber of Commerce and Industry (LCCI) after intense discussions with the FBR authorities for the last 2-days over the harassment being meted out to the business community. The fact was also ... Read More »

Customs ASO impounds Rs40m smuggled cloth near Shahdara

LAHORE: Collectorate of Customs Anti-Smuggling Organisation (ASO) has seized huge quantity of illegally imported Rs 40 million foreign origin cloth. As per details, Collector Ahmed Rauf received credible information about smuggling attempt. He directed Deputy Collector Naveedur Rehman Baghvi to enhance checking on entry and exit points of the city. The ASO team under the supervision of Superintendent Nasir Tarar ... Read More »

International investment moot to be held in Lahore: Mian Aslam Iqbal

LAHORE: Provincial Minister for Industries and Trade, Mian Aslam Iqbal has announced holding of international investment conference in Lahore during next month in which investors, business community and diplomats from different countries will participate. Presiding over a meeting, the minister said that a decision has already been taken in this regard as investment conference would open new avenues of investment. ... Read More »

Non-declaration of assets: FBR warns Customs Preventive inspectors, superintendents

LAHORE: The Federal Board of Revenue (FBR) taking strict notice of the non-declaration of assets by superintendents and inspectors of Collectorate of Customs Preventive for years has warned the officials that they would be de-notified for performance allowance if they fail to meet the deadline this time. Sources told Customs Today that during the scrutiny of record in Federal Board ... Read More »

Customs ASO impounds NDP Land Cruiser

LAHORE: Collectorate of Customs Preventive, Anti-Smuggling Organization (ASO) impounded a Toyota Land Cruiser worth Rs10 million. Sources told Customs Today that Collector Preventive Ahmed Rauf received credible information that some non-duty paid vehicles are plying on roads. He immediately directed Deputy Collector Naveedur Rehman to take necessary measures to impound these vehicles. Anti-smuggling squad comprising Superintendent Nasir Mehmood Tarar, Inspector ... Read More »

LHC rejects Ayyan Ali’s plea for cancellation of arrest warrants

  LAHORE: The Lahore High Court registrar office on Wednesday rejected a plea filed by model Ayyan Ali seeking the cancellation of her arrest warrants. In an objection attached to the petition — that Ali had submitted through Advocate Aftab Ahmad Bajwa — the high court registrar said that the case cannot be fixed for hearing as the model is ... Read More »

Ayyan Ali moves Lahore High Court against customs court

LAHORE: Former model Ayyan Ali moved the Lahore High Court against an arrest warrant issued by the Customs court in a currency smuggling case. “I want to appear before the trial court,” said Ayyan in her petition. She pleaded the court to grant her an opportunity to prove her innocence. She requested the court to get the Customs court’s arrest ... Read More »

Income support levy case: LHC seeks reply from FBR, law ministry till March 19

LAHORE: The Lahore High Court (LHC) issued notices to Federal Board of Revenue and federal law ministry on a petition moved by leader of the opposition in the Punjab Hamza Shahbaz Sharif. Hamza through his counsel contended that the Inland Revenue department of the FBR unlawfully issued him a notice for the recovery of income support levy. The counsel argued ... Read More »

NAB to file supplementary reference against Saad Rafique

LAHORE: The National Accountability Bureau (NAB) on Tuesday decided to file another supplementary reference against Pakistan Muslim League-Nawaz (PML-N) leader Khawaja Saad Rafique for possessing assets disproportionate to his declared sources of income. The anti-graft watchdog, investigating the matter, has found substantial evidence against Rafique and that millions of rupees were transferred into his bank account. The reference alleged that ... Read More »

Punjab CM Usman Buzdar to introduce e-tender for govt contracts

  LAHORE: The Punjab government on Tuesday decided to introduce “e-tendering” system for government contracts in order to eliminate corruption. Punjab Chief Minister Usman Buzdar approved the decision of e-tendering and said the system will be introduced soon in government departments. He added that the e-tendering system will be introduced in stages, while the system will be completely implemented from ... Read More »