Latest News

Customs court grants bail to M/s Kazi Corporation’s representative in fraud case

PAR Nov 28, 2018 0

The Customs court granted bail to Muhammad Asif Hussain, the representative of M/s Kazi Corporation, who was booked in a tax fraud case worth Rs110,88...

Customs court sends suspect booked for mis-declaration to jail

PAR Nov 28, 2018 0

The Customs Court sent a suspect namely Muhammad Waseem, proprietor of M/s Waseem Enterprises, to jail on judicial remand, who was booked in a case of...

Govt working on simplifying tax system: Hammad Azhar

PAR Nov 28, 2018 0

 The government is focused on improving and simplifying the tax system by introducing new technology to facilitate taxpayers, announced State Minist...

DG Valuation revises customs values of green tea

PAR Nov 27, 2018 0

Karachi : The Directorate General of Customs Valuation has revised the values of  green tea through Valuation Ruling No: 1344/2018 under Section 25A...

FBR posts 8% growth in revenues, provincial share declines to 11%

PAR Nov 27, 2018 0

Islamabad : The Federal Board of Revenue has posted approximately eight per cent growth in revenues in the first quarter (July-Sep) of fiscal year 2...

Exports post positive growth during 1Q of FY18-19: Razzaq Dawood

PAR Nov 27, 2018 0

Islanabad : Advisor to the Prime Minister on Commerce and Textile Abdul Razzaq Dawood said that the structural weaknesses of the export sector of Pa...

Customs can assist IR department in curbing cigarette smuggling from AJK: Collector Zulfiqar Ali

PAR Nov 27, 2018 0

Islamabad : Collectorate of Customs Collector Zulifaqar Ali Chaudhry has said that Islamabad Collectorate can assist the Inland Revenue officials wh...

Customs Preventive foils bid to smuggle heroin to foreign countries

PAR Nov 23, 2018 0

Collectorate of he attempt of heroin smuggling unsuccessful. According to the details, on a tip-off, higher authorities of Customs Preventive unearth...

FBR finalises 234,167 tax cases through enforcement of returns

PAR Nov 23, 2018 0

Federal Board of Revenue (FBR) adopted a comprehensive strategy for broaden tax base and finalized 234,167 cases by mode of enforcement of returns, it...

Customs AFU detains Chinese origin Antminer Bitmain server due to violation of import policy

PAR Nov 22, 2018 0

The Customs Air Freight Unit (AFU) has detained one Antminer Bitmain L3+ server having 1000 power imported from China as its import is prohibited as p...

Rice conference in Larkana next week

PAR Nov 22, 2018 0

KARACHI: Rice Exporters Association of Pakistan is organising a two-day conference in Larkana next week for awareness of farmers to reduce quantity of...

USDA projects Pakistan’s sugar production may decline to 6.5 million tons in 2018-19

PAR Nov 22, 2018 0

It added that presently Pakistan’s export policies include an unsubsidized 1-million-ton export quota against 2 million tons exported and freight subs...

ECC approves wheat export from Punjab, Sindh godowns

PAR Nov 22, 2018 0

The Economic Coordination Committee (ECC) on Tuesday granted approval for export of 5,00,000 tons of wheat from the government godow...

Cotton prices up on rising demand

PAR Nov 22, 2018 0

Rates improved marginally on the cotton market on Tuesday in the process of trading activity, dealers said. The official spot rate was unchanged at Rs...

ECC to allow wheat export tomorrow

PAR Nov 20, 2018 0

Islamabad : The government has called a meeting of the Economic Coordination Committee (ECC) of the cabinet on Tuesday to allow export of wheat for ea...