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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

Customs Preventive working to facilitate traders, curb smuggling: Collector Faiz Ahmed

LAHORE: Collectorate of Customs Preventive Collector Faiz Ahmad has said that Customs Preventive officers and officials are working to facilitates traders and curb smuggling of goods at Allama Iqbal International Airport, Railway Station, General Post Office and Wagha borders. Pakistan Customs is working hard to curb smuggling to ensure zero smuggling in Pakistan. Talking with Customs Today Collector Faiz Ahmed ... Read More »

Govt will facilitate investors to enhance exports: Asad Umar

LAHORE: Finance Minister Asad Umar assured on Monday that the government would fully facilitate businesses and investors to bolster the country’s exports. Addressing a ceremony at the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in Lahore, the finance minister said that a simplified procedure of tax returns for individuals and entrepreneurs will be introduced during the ongoing fiscal ... Read More »

Customs Lahore celebrates International Customs Day

LAHORE: Customs Collectorate celebrated International Customs Day with traditional zeal on Saturday. State Minister of Revenue Hammad Azhar was the chief guest on International Customs Day at drug burning ceremony at the Wagha border. As many as 6000 illegally smuggled vine bottles were crushed and banned drugs set on fire in the presence of the Minister for Revenue and the ... Read More »

Punjab will become hub of economic, trade activities’: Mian Aslam Iqbal

LAHORE: Provincial Minister for Industries and Trade Mian Aslam Iqbal has said that Punjab will be made a real hub of social, economic and trade activities, where investment-friendly atmosphere has already been created and all possible facilities are being provided to the investors. While chairing a meeting on industrialisation and investment in the information technology (IT) sector and issues related ... Read More »

Maneuvers of Maerk, PIL, Pacific Delta can be dangerous for economy of country: Mian Islam

LAHORE: Shipping industry in developing countries like Pakistan is very important for development of the country and when these companies start blackmailing of the importers through its agents and dealers, it can destroy the economy of the country. This was stated by PVC scrap importer and senior member of All PVC Pipes Manufacturing Association Lahore Mian Islam while talking with ... Read More »

Lahore traders happy on govt economic reforms

LAHORE: The finance minister presented the Finance Supplementary Second Amendment Bill, 2019 (also called the mini-budget) during the National Assembly session amid jeers and shouts from the opposition. “The federal government led by the Pakistan Tehreek-e-Insaf has so far failed to show any direction in terms of economic policies, but the mini budget has clearly defined the direction,” member Lahore ... Read More »

Export-and-investment-led growth package lauded

LAHORE: The All Pakistan Textile Mills Association (APTMA) Chairman Syed Ali Ahsan has welcomed an export-led and investment-oriented growth package consisting of the initiatives for ease of doing business through Finance Supplementary (Second Amendment) Bill, 2019. Talking to media, he has expressed the hope that this package would translate into a growth-led revenue generation to overcome the revenue and current ... Read More »

Customs I&I to hold auction of non-duty paid vehicles today

LAHORE: Directorate of Customs Investigation and Intelligence will hold auction of 21 non-customs paid luxury cars on March 24th (today). The details of the cars along with their models and registration numbers included: 2003 model Mercedes Benz S320, 1997 model Mercedes Benz E-240, 2000 model Mercedes Benz S500 car, 2003 model Mercedes Benz S500, 2004 model Mercedes Benz C180, 1999 ... Read More »

LCCI appreciates removal of RD on 150 items

LAHORE: Removal of Regulatory Duty on 150 items will bring down the cost of doing business, discourage smuggling and enhance competitiveness of the industry. LCCI President Almas Hyder reacting upon the Economic Reforms Package on Wednesday said that measures announced in Finance Amendments Bill 2019 will support the industry. He said that measures for ease of doing business, elimination of ... Read More »

Customs foils falcons smuggling attempt at Lahore airport

LAHORE: The Pakistan Customs team at Allama Iqbal International airport foiled an attempt to smuggle precious falcons but failed to arrest the accused. According to details available to Customs Today, the customs officials Tuesday foiled a bid to smuggle two falcons from Abu Dhabi to Pakistan. However, the suspected smuggler managed to escape. According to initial investigations, the said accused Abdul Wahab ... Read More »

Shehbaz Sharif files bail petition in Lahore High Court

  LAHORE: Pakistan Muslim League-Nawaz (PML-N) leader Shehbaz Sharif, who is currently under arrest in connection to the Ashiana Iqbal Housing Scheme case by the National Accountability Bureau (NAB), on Tuesday filed a plea in the Lahore High Court (LHC) seeking bail. Shehbaz’s counsels, Azam Nazeer Tarrar and Amjad Pervaiz, filed the bail petition on behalf of the leader of ... Read More »

Customs seizes smuggled pigeons at Lahore airport

LAHORE: Collectorate of Customs Preventive team deputed at Allama Iqbal International Airport, with the help of Directorate General Wildlife & Parks Punjab officials, recovered 60 pigeons which were illegally brought from Jeddah to Lahore. Sources told Customs Today that customs team intercepted one passenger Mujahid Abbas for bringing 60 pigeons illegally from Jeddah by PIA flight PK-784. The raiding team, ... Read More »

Sahiwal killings: Lawyers, traders protest across Punjab

LAHORE: Lawyers and traders on Monday staged protests and observed strikes in cities across Punjab against the killings of three members of the same family in a Sahiwal police ‘encounter’. District bar associations in Bahawalpur, Bahawalnagar, Muzaffargarh, Vehari, Khanewal and Dera Ghazi Khan are observing a complete strike against the killings. A strike is also being observed in Kamalia, Toba ... Read More »

PRA serves notices to PMTA & LDA for not paying ST of Rs20b

LAHORE: The Punjab Revenue Authority (PRA) has issued show-cause notices to the Punjab Mass Transit Authority (PMTA) and the Lahore Development Authority (LDA) for not depositing about Rs20.2 billion sales tax from May 2016 to June 2018. According to the details, the Punjab Mass Transit Authority has been served a show-cause notice for non-payment of Rs12.7 billion tax against services. ... Read More »

Truckers announce to block entry, exit points of Lahore from today

LAHORE: Continuing their protest for the second consecutive day against the government for allegedly disturbing their businesses, goods transporters on Friday announced to close all entry and exit points of the city from Saturday (today). “Since no one is hearing us or resolving our issues we are left with no option but to expand our protest by closing Lahore’s exit/entry ... Read More »

Assistant collector transfers LDC from ASO to Railway Station T-10

LAHORE: Collectorate of Customs Preventive Assistant Collector (Headquarters) Muhammad Omar Latif issued orders to transfer Lower Division Clerk (LDC) Muhammad Ashraf Joiya. According to notification no: 01-HRD-Estt/80/2016-17/61 issued on 17.1.2018, Lower Division Clerk Muhammad Ashraf Joiya, currently performing his duties at Anti-Smuggling Organization (ASO), is transferred to Railway Station T-10 with effect from 18.1.2018 until further orders with directions to ... Read More »

APTMA agrees to out-of-court settlement of GIDC issue

LAHORE: Punjab’s textile millers have agreed to negotiate the Gas Infrastructure Development Cess (GIDC) issue out-of-court after the proposal was floated by government during negotiations held in 2018. A press release issued by APTMA stated “we have agreed to negotiate government’s proposal for an out of court settlement of GIDC pre-and-post GIDC Act, 2015 and onwards for the system gas,”. ... Read More »

Customs Court approves remand of accused involved in mobile phones smuggling

LAHORE: The Special Court of Customs Taxation and Anti-Smuggling handed over an accused to customs investigation team to dig out into the matter regarding smuggling of huge quantity of mobile phones. On 16.1.2019 customs investigation and prosecution team presented the accused before the court and asked for five days physical remand to investigate the case of 1305 mobile phones smuggling. ... Read More »

Collector Appraisement Jamil Nasir holds meeting with mobile phone businessmen

LAHORE: Collectorate of Customs Appraisement Collector Jamil Nasir has sought proposals from the businessmen dealing with used and new mobile phones for introducing new customs tariff. During a meeting held with Hafeez Centre Traders Welfare League, the collector assured the traders of rationalization of customs tariff in the results of the proposals to be submitted by the traders. Additional Collector Rashid ... Read More »

Customs I&I to hold auction of NDP goods & vehicles on 24th

LAHORE: Directorate of Customs Intelligence and Investigations will hold an auction of non-duty paid goods and vehicles on January 24, 2019. According to the details, different kinds of foreign origin goods will be presented for auction which include Siemens brand electric generators, grease in iron drums, new Nature tubes QV, used picture tubes, Sony brand LED digital TV, Samsung LED ... Read More »