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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

Special freight train will be launched from January 25: Sheikh Rasheed


MULTAN: Federal Minister for Railways Shiekh Rasheed Ahmad said that special freight train is going to be launched from January 25 to facilitate the business community for transportation of shipments and it will also generate revenue for the government like passenger trains. While addressing the business community at Multan Chamber of Commerce and Industry (MCCI), he said that ministry of railways is ... Read More »

Collector Appraisement Jamil Nasir holds meeting with mobile phone businessmen

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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 »

Low rate of taxes, tax incentives can attract huge Chinese investment: Chinese envoy

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LAHORE: Low rate of taxes, tax incentives and business-friendly environment in Pakistan can attract huge Chinese investment. Ambassador of China to Pakistan Yao Jing stated this speaking at the Lahore Chamber of Commerce & Industry. LCCI President Almas Hyder presented address of welcome while Senior Vice President Khawaja Shahzad Nasir, Vice President Faheem-ur-Rehman Saigal and executive committee members were also present ... Read More »

Chief Collector Zeba Hai Azhar lauds retiring Superintendent Nasir Minhas services

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LAHORE: Chief Collector of Customs Central Region Zeba Hai Azhar has said that the retiring Superintendent Nasir Minhas has proved himself a thorough professional of Pakistan Customs Service (PCS). A bash was held in honor of retiring Superintendent Nasir Minhas in which a good number of customs officers and Collector of Customs Lahore Preventive Faiz Ahmed were present. Addressing the gathering ... Read More »

Taxpayers offered easy ways to close audit proceedings for late filing: FBR Member Nausheen Javaid Amjad

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LAHORE: Federal Board of Revenue (FBR) Member Taxpayers’ Audit Nausheen Javaid Amjad has announced that all those taxpayers automatically selected for audit u/s 214-D due to late filing of returns for Tax Year 2015, 2016 and 2017, have now the opportunity for automatic closure of audit u/s 214E by paying the penalty or higher tax than previously filed return, whichever ... Read More »

Taxpayers should use latest technology to file tax returns: FBR Member Audit Nausheen

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LAHORE: Federal Board of Revenue (FBR) Member Taxpayers (Audit) Nausheen Javaid Amjad said that Section 214 E of Income Tax Ordinance 2001 is inserted to control the automatic selection of late income tax filers. She was addressing the participants of a seminar organized by Pakistan Tax Bar Association (PTBA) and Lahore Tax Bar Association (LTBA) in Corporate Regional Tax Office ... Read More »

Collector Appraisement Jamil Nasir inaugurates export management course

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LAHORE: Lahore Chamber of Commerce and Industry (LCCI) Tuesday kick started five-day long Certification in Export Management’ program for the budding exporters enabling them to effectively move forward in the export sector. Collector Customs Appraisement Jamil Nasir inaugurated the program while LCCI Vice President Faheem Seghal and others were also present on the occasion, besides a good number of participants ... Read More »

GSP Plus Status to help Pakistanis to avail trade opportunities in Belgium: Envoy


LAHORE: Implementation of all conventions under GSP Plus Status will help Pakistani businessmen to avail trade opportunities in Belgium.  Belgian companies have shown keen interest in Pakistani market.  Belgian Ambassador Frederic Verheyden stated these views at the Lahore Chamber of Commerce & Industry. The LCCI President Almas Hyder, CEO Wallonia Export & Investment Agency Mrs. Pascale Delcomminette, Trade Commissioner of ... Read More »

Multan RTO clears Rs900m refund claims


MULTAN: The Regional Tax Office has refunded Rs 900 million claims to claimants and assured the industrialists for resolution of their issues. It was said by Inland Revenue Chief Commissioner Abid Raza Bodla while addressing a function hosted by the All Pakistan Upholstery Manufacturers Association. The chief commissioner assured that the grievances of the APBUMA would be redressed on top ... Read More »

Businessmen should utilize clearance facilities of Multan Dry Port: Collector Ambreen Ahmad Tarar


MULTAN: Business community should utilize clearance facilities of Multan Dry Port and their problems would be resolved on top-priority basis. It was stated by Multan Customs Collector Amrbreen Ahmad Tarar while talking to reporters in meeting with All Pakistan Upholstery and Bed sheets Manufacturing Association. She expressed that Multan Customs Dry Port is the only port available in the region for ... Read More »

FBR motivates investors, property dealers to avail benefits of Tax Amnesty Scheme

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LAHORE: Federal Board of Revenue (FBR) organized a seminar on ongoing Tax Amnesty Scheme which was held at Defence Club. Large number of investors and property dealers participated in the seminar. The basic purpose of the seminar was to create awareness among business community about the benefits of Tax Amnesty Scheme 2018 and apprise them about the benefits of the ... Read More »

Collector Jamil Nasir inaugurates Customs Day Care Centre

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LAHORE: Collector Collectorate of Customs Appraisement Mohammad Jamil Nasir Khan inaugurated the Customs Day Care Centre at National Logistics Cell Dry Port, Lahore. Addressing the gathering on the occasion Collector Jamil Nasir said that welfare of staff is an important component of organizational development. He said that it gives genuine strength to the organization by creating an atmosphere of trust, ... Read More »

Businessmen should avail benefits of current Tax Amnesty Scheme: DC IR Muhammad Ali

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LAHORE: Federal Board of Revenue (FBR) organized a seminar on ongoing Tax Amnesty Scheme which was held at Flattei’s Hotel. The basic purpose of the seminar was to create awareness among business community about the benefits of Tax Amnesty Scheme 2018 and procedure to adopt the scheme. The seminar was held of Regional Tax Office various renowned businessmen participated in ... Read More »

Tax amnesty scheme not yielding positive results in Punjab: FBR chairperson Rukhsana Yasmin

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LAHORE: Federal Board Revenue (FBR) Chairperson Rukhsana Yasmin lamented on Monday that tax amnesty scheme is not producing appreciable results in Punjab. All the people who belong from Lahore, Faisalabad, Gujranwala, Multan, Bahawalpur and Sargodha must avail the tax amnesty scheme to legalize hidden assets within or outside the country. This was stated by Chairperson Federal Board of Revenue Rukhsana Yasmeen ... Read More »

Tax lawyers should apprise their clients about benefits of Tax Amnesty Scheme: FBR Member IR Habib Ullah Khan

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LAHORE: Department of Inland Revenue (IR) arranged a seminar to promote as well as create understanding of the provision of Tax Amnesty Scheme 2018, for the tax Advisors and the taxpayers. Member Inland Revenue Operations Habib Ullah Khan chaired the meeting which was attended by office bearers of Lahore & Sheikhupura Tax Bar as well as the taxpayers community. Chief ... Read More »

Customs Appellate Tribunal always passed verdicts according to law: Chairman Manzoor Malik

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LAHORE: Chairman Customs Appellate Tribunal Justice (r) Malik Manzoor Hussain Malik has said that all members of Customs Appellate Tribunal passed judicious orders. Tribunal always passed the order with honesty without any pressure. He was addressing the participants of on the occasion of farewell party hosted in honor of Member Techical Bench-II Imran Tariq on his retirement after completion of ... Read More »

Chief Collector Zeba Hai presents shield to Chinese Counsel-General for strengthening friendship

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LAHORE: Collectorate of Customs Appraisement held a ceremony at Mughalpura Dry Port to award certificates to customs officials who successfully completed Chinese language course. Chief Collector Customs Central Region Zeba Hai Azhar was the chief guest on the occasion. Addressing the participants, Collector Jamil Nasir Khan said that Customs Appraisement and TEVTA signed an accord on March 18, 2018 to ... Read More »

Tax Amnesty Scheme 2018 is last option to legalize undeclared assets: Chairman FBR Pasha

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LAHORE: Chairman Federal Board of Revenue Tariq Mahmood Pasha has said Tax Amnesty Scheme 2018 is last chance to legalize undeclared assets therefore it must be availed by the business community. He was speaking at the Lahore Chamber of Commerce & Industry. The LCCI President Malik Tahir Javaid, Vice President Zeshan Khalil, Provincial Finance Minister Syed Zia Haider Rizvi, former ... Read More »

Uproar over Dost mega scams, Haroon Akhtar promises zero tolerance

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LAHORE: Special Assistant to Prime Minister on Revenue/Minister of State Haroon Akhtar Khan said that upon getting information about smuggling through green channel, the wrong doers are put on red channel and they have to go through strict checking for years to re-gain their credibility. He expressed these views while answering to Customs Today about the misuse of green channel and involvement ... Read More »

FBR should ensure early payment of duty drawback, IT & ST refunds claims: FTO


MULTAN:Federal Tax Ombudsman Mushtaq Ahmed Sukhera has stressed the need of further betterment in tax payment and tax collection systems for providing maximum relief to the tax payers and the exporters. He said that the Federal Board of Revenue (FBR) should remove hurdles in promotion of national exports by reducing the prolonged pendency of the customs, income tax and sales ... Read More »