Friday , September 22 2017
Breaking News
Home / Author Archives: Nadir Khan

Author Archives: Nadir Khan

Peshawar Customs seizes NDP goods worth Rs18m during different crackdowns


PESHAWAR: The Custom squad in separate crackdown have seized non custom paid goods worth of Rs18 million and shifted the recovered items along with vehicles to respective custom stations. In first crackdown Custom Shergarh station recovered 55 Hyundai generators, wielding Rods 203 cartons, shampoo 21 cartons, Hino truck of total value Rs4.9 million. The total value of goods was Rs4.9 ... Read More »

Recurrent closure of border causes KP exporters big losses despite having export potential


PESHAWAR: Though the Khyber Pakhtunkhwa has enough potential to export to Afghanistan yet frequent suspension of border causes exporters major losses whenever their containers are stranded on the border. According to an official report of the KP Planning Department, manufacturing in the province is quite diverse. The province produces cigarettes, cement, ceramics, sanitary wares and tiles, cotton textiles, blankets and ... Read More »

So far so quiet for price offer of Jalozai Economic Zone’s plots

Gwadar deep sea port's operation handed over to China

PESHAWAR: Though the launch of the Jalozai Special Economic Zone is just around the corner, the company, tasked with developing industrial estate, has neither announced the `offer price` of plots it plans to sell to investors nor has it finalized the master plan for the estate. The Khyber Pakhtunkhwa Economic Zones Development and Management Company (EZDMC) had published advertisements in ... Read More »

Pak revenue declines as exports to Afghanistan fall due to mistrust and downsizing of NATO forces


PESHAWAR: The revenue generation is constantly on the decline as Pakistani exports to Afghanistan fell by a significant 27 percent over the past one year, thanks to growing mistrust between the two countries as well as downsizing of NATO presence in the war-ravaged nation. The worsening law and order in Afghanistan over the past months was another factor that contributed ... Read More »

Country’s budget deficit recorded at Rs1.86tr after missing tax collection target

budget dificit

PESHAWAR: After missing the tax collection target, the country’s budget deficit had been recorded at Rs1.86trillion during the last financial year by a wide margin. The government had also missed the non-tax revenue collection target during Fiscal Year 2016-17 mainly due to the non-reimbursement of the Coalition Support Fund (CSF) from the United States. Sources at the RTO Peshawar told ... Read More »

Cement prices lower by Rs10-20 per bag in northern areas due to lesser export


PESHAWAR: Due to low export to Afghanistan and Central Asian republics, the cement prices have declined by Rs10-20 per 50-kg bag to an average of Rs550 from the level of Rs560-570 in northern parts of the country because of multiple reasons. However, prices in southern region remain intact at an average of Rs580 per bag. The market sources told Customs ... Read More »

FBR denies report about faults in online system


PESHAWAR: Federal Board of Revenue has denied a news report appearing in a section of the press claiming that FBR’s online system underestimates tax liabilities. FBR categorically denies such news as manual calculation made by the assessing officer in the body of manually typed order was not in accordance with the charging provision of Income Tax Ordinance, 2001. The element ... Read More »

Over 15,000 business taxpayers paid no tax in Tax Year 2016

tax evasion

PESHAWAR: The flaws in the country’s weak tax system have been further exposed following the revelation that over 15,000 business taxpayers paid no tax to the Federal Board of Revenue’s (FBR) Inland Revenue Department in the Tax Year TY2016. Sources said that 15,116 companies filed tax returns, which accounts for just over 49pc of all the corporate returns filed this ... Read More »

Pakistan imposes ban on entry of sacrificial animals from Afghanistan


KHYBER AGENCY: Contrary to the previous years, the Pakistan border security officials imposed a ban on entry of sacrificial animals from Afghanistan via Transit route of Torkham. The tribesmen are of the view that local residents prefer to sacrifice small animals like lamb, sheep and goat to perform Sunnah Ibrahimi on the Eid-ul-Azha but the irrational decision of Pak officials ... Read More »

FBR I&I torches counterfeit cigarettes worth Rs10.20m


PESHAWAR: The Directorate of Intelligence and Investigations FBR has destroyed the Rs10.20 million counterfeit cigarettes in Peshawar. The cigarettes seized for the reasons of the counterfeiting were duly confiscated outright under section 27(1) of the Federal Excise Act 2005. The FBR directorate of IR told media that in continuation of monitoring/ surveillance of non-duty paid cigarettes, the intelligence gathering by ... Read More »

Peshawar Customs aborts attempt to smuggle Gandhara’s antiques


PESHAWAR: The MCC Islamabad has thwarted a bid to smuggle the antiques into a country and lodged an FIR and initiated the investigation. A tip-off was received from Collector MCC Islamabad Arslan Subuqtageen that the export consignment cleared vide Sialkot International Container Terminal filed by Leo’s Corporation on behalf of exporter M/s B2B Traders Sialkot was re-examined. Contrary to the ... Read More »

Peshawar Collector Qurban to attend departmental training in Islamabad

Collector Qurban Ali Khan

PESHAWAR: After serving Customs Peshawar for three years, Collector Peshawar Modal Custom Collectorate Qurban Ali Khan transferred from Peshawar owing to his departmental training in Islamabad. Spokesperson MCC Peshawar Fazal Bacha told Custom Today that Qurban Ali Khan leave Peshawar for his departmental training of four months and now it is depend upon Federal Bureau of Revenue that who will ... Read More »

Peshawar Customs generates Rs2.3b by seizing smuggled goods

Peshawar Customs generates Rs2 3b by seizing smuggled goods copy

PESHAWAR: The Custom Collectorate Peshawar generated handsome revenue of Rs2.3 billion under the  head of smuggled goods including vehicles, tyres, petrol, medicines, mobiles phones, generators and other raw materials in last financial year 2016-17. According to the details, the items recovered in previous financial year of 2016-17, include 23 vehicles having value of Rs600 million, 18 vehicles having value of ... Read More »

Peshawar Customs seizes narcotics worth Rs70m, arrested 52 smugglers during FY2016-17

Collector Qurban Ali Khan

PESHAWAR: The Custom Collectorate with collaboration of Anti Narcotics Force seized narcotics of different quality along with heroine and puppy crops worth of Rs70 million besides arresting of 52 persons in last financial year 2016-2017. According to anti smuggling units of Custom House Peshawar 1302 kilogram chars worth of Rs10.4 million recovered from the possession of smuggling operation on cross ... Read More »

BKIA Customs seizes 40 high-tech Samsung Galaxy mobiles


PESHAWAR: The customs authorities at the Bacha Khan International Airport Peshawar recovered 40 Samsung Galaxy mobile sets which were smuggled into the country without paying customs duty. The accused passenger was arrested on the spot. The passenger was coming from Dubai to Peshawar. After a thorough search of his luggage, the authorities recovered 40 high-tech Samsung Galaxy mobile sets from ... Read More »

Peshawar Customs exceeds revenue collection target of July

Collector Qurban Ali

PESHAWAR:  The Customs Collectorate surpassed its target by collecting Rs1512.99 million in the month of July 2017 against Rs953.47 million of the previous July 2016 having remarkable differences of Rs559.52 million with 56.08 percent. According to reliable data collected from Peshawar Customs House, in head of customs duties Rs490.25 million collected against previous July of 2016 which was Rs 334.18 ... Read More »

IG KP suspends SP CTD, DSP for being involved in NDP vehicles’ smuggling


PESHAWAR, JULY-29: Allegedly involved in the smuggling of non-duty-paid vehicles into Malakand division, Inspector General of Police Salahuddin Mahsood suspended SP CTD Banaras Khan and DSP Raof Khan. Acting upon the directives of DPO Mardan Mian Saeed, Inspector General of Police took serious note of the alleged smuggling of non-duty paid vehicles from Peshawar via Mardan to Malakand division. The ... Read More »

Collector Qurban visits construction site of Aza Khail Dry Port


PESHAWAR: To assess the pace of developmental work at the Aza Khail Dry Port, Collector Customs KP Qurban Ali Khan and Senior Customs Officers of Model Customs Collectorate Peshawar visited the construction site of a dry port at Aza Khel. High ranking officers of railways and customs were also present on the occasion. The railways authorities briefed the collector on ... Read More »

Qurban visits Peshawar Dry Port; gives hearing to clearing agents & businessmen

Nader Khan Photo

PESHAWAR: Collector Modal Custom Collectorate Peshawar Qurban Ali Khan and Additional Collector Custom Rashid Habib visited the Peshawar Dry Port and addressed the clearing agents and business community. The collector visited different sections of the dry port. He was accompanied by Additional Collector Rashid Habib who also took keen interest in hearing the problems of clearing agents and importers. Talking ... Read More »

Call to set up internet, three banks on Pak-Afghan border of Torkham


PESHAWAR: The custom clearing agents on the Pak-Afghan border of Torkham have asked the government for providing them with the internet facility and establish more banks in the area. Haji Hayatullah Shinwari, President of Custom Clearance Union, says about 124 clearance agencies are working in Landikotal tehsil of Khyber Agency and Torkham border. These agencies keep the record of the ... Read More »