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[events]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

1st module of Mandatory Capacity Building Training for BS17-19 officers held

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LAHORE: The first module of Mandatory Capacity Building Training for BS 17-19 officers was conducted in Directorate General of Training and Research Customs, Lahore from 8-12 July, 2019. The training was attended by senior officers of Pakistan Customs Service including Assistant Collectors, Deputy Collectors and Additional Collectors from Lahore, Multan, Sialkot and Faisalabad. The Director of DGTR, Customs, Lahore inaugurated ... Read More »

Green Channel ratio will be enhanced to 60pc to facilitate businessmen: FBR Chairman Shabbar Zaidi

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LAHORE: Federal Board of Revenue (FBR) Chairman Shabbar Zaidi has said that main theme of the Federal Budget 2019-20 is the development of industrial sector and to generate employment opportunities. He was speaking at the Lahore Chamber of Commerce & Industry. The LCCI Acting President Faheem-ur-Rehman Sehgal, Minister of State for Revenue Hammad Azher, Provincial Minister for Industries Mian Aslam ... Read More »

Collector Basit Maqsood lauds services of outgoing Superintendent Yousaf Khan

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LAHORE: Collector Customs Basit Maqsood Abbasi has lauded the services and performance of out-going Superintendent Wharehouse Lahore Yousaf Khan. He was addressing a farewell gathering in honor of out-going superintendent Yousaf Khan on Tuesday. Abbasi said that Yousaf has brilliantly served the Customs Department and worked wonderfully for the progress and good image of the department. He said that whatever the ... Read More »

FBR Commissioner Noreen Zahra appeals holders of undeclared assets to avail golden opportunity

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LAHORE: Federal Board of Revenue (FBR) CRTO Zone II Commissioner Noreen Zahra has asked the holders of undeclared assets to avail the golden opportunity of declaring undeclared assets. While addressing a meeting on Tuesday, Noreen Zahra said that the government has attained the data of all the undeclared assets in Pakistan and abroad. “This is a golden opportunity and everyone ... Read More »

Collector Seema organizes ceremony to appreciate staff for achieving revenue targets

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ISLAMABAD: Collector Seema Raza Bokhari organized a function in honor of staff and officers of the Collectorate for achieving the targets within the assigned period. According to details, Islamabad Collectorate’s both stations i.e. Air Freight Unit and Islamabad Dry Port contributed in the realization of this success by attaining their respective targets. In this regard the MCC Islamabad held an ... Read More »

Stern action will be taken against tax evaders: Nadeem Rizvi

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LAHORE: A capacity building conference was held in the Conference Room of the Corporate Regional Tax Office, Lahore which was presided over by Chief Commissioner Inland Revenue, Corporation Regional Tax Office (CRTO) Syed Nadeem Hussain Rizvi, in order to apprise the salient features of the Assets Declaration Scheme, 2019 to the esteemed members of Lahore Economics Journalists Association and office ... Read More »

Collector Appraisement Ihsan Shah chairs meeting to discuss amendments in customs act

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PESHAWAR: Collectorate of Customs Appraisement Collector Ihsan Ali Shah lauded changes in customs rules in budget recommendations and directed customs authorities to work hard for achievement of next year’s financial goals. Collector Ihsan Ali Shah stressed upon the need to implement Customs regulations during budget FY 2019-20. He presided over a meeting in Customs House which was also attended by ... Read More »

Collector Seema Bokhari asks Motorway Police to adopt new strategy against smuggling

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ISLAMABAD: Collectorate of Customs Collector Seema Raza Bokhari asked high officials of Motorway police to adopt a new strategy against smuggling of foreign origin goods. This initiative is taken to save the economy of the country as well as to save the tax paid business community, the Collector said during a meeting with two IGs (Inspector Generals) and Deputy Inspector ... Read More »

Govt focusing on ease of doing business in order to facilitate businessmen: Hafeez Shaikh

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LAHORE: A leading delegation of industrialists on Saturday had an important meeting with Advisor to Prime Minister on Finance Dr. Abdul Hafeez Sheikh in the presence of Advisor of Prime Minister on Commerce Abdul Razaq Dawood, State Minister for Revenue Hammad Azher and Governor Punjab Chaudhary Muhammad Sarwar. LCCI President Almas Hyder was leading the delegation while Dr. Salman Shah, ... Read More »

No new tax would be imposed in upcoming Punjab budget: Hafiz Mumtaz Ahmed

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LAHORE: Business community would have some good news in the upcoming Punjab Budget. No new tax would be imposed while government would try to reduce the frequency of taxes as well. This was stated by Provincial Minister for Excise, Taxation and Narcotics Control Hafiz Mumtaz Ahmed while speaking at the Lahore Chamber of Commerce & Industry. LCCI President Almas Hyder ... Read More »

Member Customs Operations Dr. Jawwad Uwais appreciates performance of Lahore Preventive

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LAHORE: Federal Board of Revenue (FBR) Member Customs (Operations) Dr. Jawwad Uwais Agha held marathon sessions on 24 & 25th May with Chief Collector of Customs Central Region Zeba Hai Azhar and Collectors of the Central Region (Appraisement & Preventive, Faisalabad and Multan) of Pakistan Customs. During the course of meetings the performance in terms of revenue collection and enforcement ... Read More »

Customs Airport officers & officials awarded certificate for seizing 275 kg ketamine

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LAHORE: Chief Collector Customs Zeba Hai Azhar and Collector Preventive Ahmed Rauf awarded certificates to the customs airport officers and officials for foiling bid to smuggle 275 kilograms ketamine worth billions of rupees. According to details, the Customs authorities on the directions of Additional Collector Tayaba Kiyani searched the luggage and recovered 275 kilograms ketamine wrapped in the sweets. Chief ... Read More »

WeBOC-Glo system to be completed till September: Member Customs Jawwad Agha

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KARACHI: Federal Board of Revenue (FBR) Member Customs Operations Dr Jawwad Owais Agha has said that the customs officials and PRAL have designed the updated version of WeBOC customs clearance system incorporating new modules with advance features. During a press conference, Member Customs Operations Jawwad Owais Agha said that Pakistan Customs is introducing WeBOC-Glo to facilitate importers and exporters. Through ... Read More »

Ambassador of Vietnam agrees to enhance Pak-Vietnam trade ties

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LAHORE: Ambassador of Vietnam Pham Hoang Kim has said that both Pakistan and Vietnam have the potential to boost their mutual trade to $1billion. However, there is a need of joint efforts of the business community to come forward to boost up the trade volume.  He was speaking to LCCI office bearers here during his visit to Lahore. He said ... Read More »

IMF loan biggest hurdle in progress & prosperity: Hammad Azhar

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LAHORE: Minister of State for Revenue Mian Hammad Azhar has said that IMF loan is the biggest hurdle in way of progress of our country. He expressed these views while addressing a seminar which was conducted jointly by Lahore Chamber of Commerce and Industry (LCCI) and Iqbal Academy Pakistan (IAP). He said, “The biggest hindrance in the way of the ... Read More »

No escape for tax evaders, warns Hammad Azhar

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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 »

Provision of conducive business environment govt top priority: President Alvi

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LAHORE: President of Pakistan Arif Alvi has said that provision of conducive business environment is one of the top priorities of the government. He said that government is also focusing on poverty alleviation, environmental protection, investment in human resources, SME sector and particularly on agriculture. He was speaking at the LCCI Ambassadors Dinner – 2019. The LCCI President Almas Hyder ... Read More »

All chambers united over early release of refunds, reduction in interest rate

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LAHORE: Non-payment of refunds is drying out liquidity from the market. Payment through promissory notes should also be extended to all sectors including five zero rated sectors. Refunds should be issued automatically without application, or pre-audit, within 60 days as per rules. Markup rate should be reduced as it has made borrowing expensive. This was the crux of deliberations of ... Read More »

ADC Azmat Tahira vows to provide full support to business community

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LAHORE: Collectorate of Customs Appraisement Additional Collector Azmat Tahira has said that facilitating the business community by all means in clearance of consignment in minimum time and registration of firms on WeBOC is top priority of authorities at the NLC Dry port. She was talking to a group of businessmen led by Lahore Chamber of Commerce and Industry Vice President ... Read More »

Govt striving to introduce reforms in FBR: Chairman Jehanzeb Khan

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LAHORE: Federal Board of Revenue (FBR) Chairman Dr. Jehanzeb Khan has said that FBR reforms are one of the top priorities of the government for trust building. He said this while addressing industrialists and businessmen in Lahore. He said that litigation is nothing else but a waste of time and capital. He said that alternative dispute resolution mechanism is being promoted to ... Read More »