Latest News

FCCI terms 10 percent duty on imported yarn a blunder

PAR Oct 19, 2015 0

Ten per cent duty on imported yarn is a blunder which is tantamount to kill the value added textile sector which was the mainstay of the textile secto...

Anti-Narcotics Court awards life imprisonment to drug smuggler

PAR Oct 19, 2015 0

Lahore: The Special Federal Court of Anti-Narcotics has sentenced a suspect to life imprisonment in a case of narcotics smuggling. According to detail...

Excise Punjab issues 25 alcohol permits in September

PAR Oct 19, 2015 0

Lahore: The Excise and Taxation Department renewed 25 alcohol permits in Punjab during the month of September. These permits were issued to the Christ...

IRIS creating confusion for taxpayers: LTBA

PAR Oct 19, 2015 0

Lahore: The Lahore Tax Bar Association (LTBA) has held a seminar on Income Tax Returns here at the Tax House Lahore.  Lahore Tax Bar Association Presi...

No specific quota for children of Customs employees in current hiring process

PAR Oct 19, 2015 0

Multan: Customs employees are not pleased with the Federal Board of Revenue (FBR) existing recruitment policy because they are deprived to avail their...

RTO-II Faisalabad to send another notice to New Shahid Chemical Industry

PAR Oct 19, 2015 0

Faislabad: Commissioner Regional Tax office -II (RTO-II) Malik Afzal has decided to send a show-cause notice to New Shahid Chemical Industry for the r...

Importers facing difficulties in examination of consignments at QICT

PAR Oct 19, 2015 0

Karachi: Importers are facing difficulties for the clearance of imported consignments at Qasim International Container Terminal (QICT) due to non-coop...

Rs 21m evasion: Customs asks SHC to reject petition of alleged tax evader

PAR Oct 19, 2015 0

Karachi: Pakistan Customs asked the Sindh High Court (SHC) to reject the constitutional petition of a developer, who is facing charges of duty/taxes e...

SHC orders provisional release of Telenor’s consignment

PAR Oct 19, 2015 0

Karachi: The Sindh High Court (SHC) has ordered the customs authorities to provisionally release the Telenor Pakistan (Private) Limited’s consignment...

Pakistan Weather Forecast Updates 17th October 2015

PAR Oct 19, 2015 0

More Rain predicted over upper parts of the country on Sunday/ Monday 10:35 AM -17th October 2015 Met Office predicted that a westerly wave is likely...

ERF rate cut by one percent: 10 percent RD imposed on import of yarn, fabrics

PAR Oct 18, 2015 0

Finance Minister Ishaq Dar Saturday announced imposition of a 10 percent regulatory duty on the import of yarn, grey fabrics and processed fabrics eff...

Pakistan Weather Forecast Updates 16th October 2015

PAR Oct 17, 2015 0

Pakistan Today Weather Forecast – 12:02 AM – 16th  October 2015 Synoptic Situation: A westerly wave is likely to approach upper parts of the count...

FBR to amend law to stop liquor import through booklet

PAR Oct 17, 2015 0

Karachi: The Federal Board of Revenue (FBR) is likely to bring amendments to the law aimed at stopping import of foreign liquor through the booklet, i...

FBR transfers four officials of MCC Faisalabad

PAR Oct 17, 2015 0

Faislabad: The Federal Board of Revenue (FBR) has transferred two Assistant Collectors (ACs) and two Deputy Collectors (DCs) from Model Customs Collec...

Customs halts transshipment of six consignments due to miss-declaration

PAR Oct 17, 2015 0

KARACHI: The Model Customs Collectorate (MCC) Port Qasim, Care Incentive Unit (CIU), has revealed a case of miss-declaration of goods in six imported...