Tuesday , December 12 2017
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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

Features of new budget Fahed Fanek,


AMMAN: The draft budget for 2018 indicates that public expenditure will form around 32 per cent of the gross domestic product (GDP). This is obviously a very high ratio: it reveals the fact that Jordan’s public sector is vast, so are salaries, wages, retirement sand subsidies etc. The draft budget assumes that external grants Jordan is expected to receive during ... Read More »

Army foils infiltration, drug smuggling attempt


  AMMAN: Border Guards at the Northern Military Zone, in close coordination with the Anti-Narcotics Department (AND) and the Military Security Department, Saturday foiled an attempt to smuggle a huge amount of drugs into the country, a military source announced Sunday. A military source at the General Headquarters of the Jordan Armed Forces-Arab Army explained that army personnel detected a ... Read More »

Jordan, UAE sign 12 deals, agree joint ventures


  AMMAN: Jordan and the UAE on Tuesday signed 12 agreements, protocols, memoranda of understanding and executive programmes that govern ties between the two countries. The deals were signed in Abu Dhabi at the conclusion of the third session of the Jordan-UAE ministerial committee co-chaired by Foreign Minister Ayman Safadi and his Emirati counterpart, Abdullah Al Nahyan. The deals would ... Read More »

China to continue investments in Jordan


  AMMAN: China is committed to continue providing technical and financial support to Jordan, Qian Keming, deputy minister of commerce in China, said on Monday. The minister made the remarks following the signing of the minutes of the meetings at the 7th session of the Joint Committee for Economic, Commercial and Technical Cooperation between Jordan and China. The meetings shed ... Read More »

China committed to providing technical, financial aid to Jordan: official


  AMMAN: China is committed to providing technical and financial support to Jordan, said China’s Deputy Minister of Commerce Qian Keming on Monday. The minister made the remarks at the 7th session of the Joint Committee for Economic, Commercial and Technical Cooperation between Jordan and China, which focused on key areas for increased cooperation. Calling Jordan “a key partner” in ... Read More »

Army foils drug smuggling attempt from Syria


AMMAN: The Northern Military Zone, in coordination with the Anti-Narcotics Department and the Public Security Department, late Wednesday foiled a smuggling attempt by two people, one armed, who tried to cross the border from Syria into the Kingdom, a military official said Thursday . The official explained that the rules of engagement were applied, forcing the two infiltrators to flee ... Read More »

Jordan’s unemployment reaches 18%


AMMAN: Jordan’s unemployment rate has hit 18 per cent in the second quarter of the current year compared to 14.7 per cent during the same period in 2016, the state’s Department of Statistics (DOS) announced today. DOS added that the unemployment rate for males amounted to 13.4 per cent against 33.9 per cent for females. Around 26.6 per cent of ... Read More »

EU approves €100m in financial assistance for Jordan


  AMMAN: The European Commission, on behalf of the European Union (EU), has today approved the disbursement of a €100 million loan to Jordan under its Macro-Financial Assistance (MFA) programme. This disbursement marks the launch of the second Macro-Financial Assistance programme for Jordan with a total worth of €200 million, which follows a first package of €180 million approved in ... Read More »

Industrial exports to Iraq resume after border reopening


  AMMAN: A new convoy of approximately 20 trucks of Jordanian industrial exports is expected to cross the Karameh-Turaibil border crossing to Iraq today, head of the Amman Chamber of Industry, Ziad Homsi, told The Jordan Times on Sunday. Jordan is resuming the industrial exports to Iraq one month after the reopening of the border crossing between the two countries ... Read More »

Two smuggling, infiltration attempts foiled on northern borders


  AMMAN: The northern military command, in coordination with the Anti-Narcotics Department and the Military Security Department, foiled an attempt by 4 people to smuggle large quantities of drugs. A source at the Jordan Armed Forces-Arab Army said that the northern command detected four people trying to infiltrate from Syrian into Jordan, adding that the rules of engagement were applied ... Read More »

Jordan, Belgium to establish joint business council


  AMMAN: President of Jordan Businessmen Association (JBA), Hamdi Tabbaa, said Tuesday establishing a Joint Jordanian-Belgian Business Council in the near future will open new horizons for economic cooperation between the two countries. In a meeting with Belgium Ambassador to Jordan Hendrik van de Velde, Tabaa highlighted investment projects and advantages in the Kingdom, calling for benefiting from Belgian expertise, ... Read More »

Jordan authorities foil massive drug smuggle in Northern Badia raid


  AMMAN: An Anti-Narcotics Department (AND) force stormed a house in the Northern Badia District, where a known drug smuggler stored a massive quantity of narcotics and pills for the purpose of smuggling it across the border to a nearby country. On site, 273 kilogrammes of Hashish and 600 thousand narcotic pills were found and confiscated. One of the smuggler ... Read More »

Jordan former MP faces travel ban for tax evasion charges


  AMMAN: The Public Security Directorate (PSD) just placed a travel ban for former MP Hind Fayez, a police source confirmed to AlGhad, over alleged tax evasion charges. The Ministry of Finance addressed the PSD to ban Fayez from travelling until settling her tax dues, estimated at nearly JOD280 thousand, the police source explained. Less than 24 hours ago, Prime ... Read More »

Jordan’s new income tax law aims to target tax evasion


  AMMAN: The major objective behind amending the Income Tax Law is not to expand the taxpayer base but to primarily address tax evasion and improve tax compliance, a senior official said. The official, familiar with the changes under way to the Income Tax Law, cited Prime Minister Hani Mulki’s assertion Monday that there “should be a revision of the ... Read More »

No income or sales tax raise: PM


  AMMAN: Prime Minister Hani Mulki on Monday said that the government will not reduce the income exemptions to individuals or families, and will not raise sales tax. He stressed that the government is committed to His Majesty King Abdullah’s directives to protect the middle- and low-income segments of Jordanians. During his meeting with Senate President Faisal Fayez and Lower ... Read More »

Jordanian,Turkish council discuss economic cooperation, FTA


  AMMAN: Technical meetings of the 2nd Session of the Jordanian-Turkish Partnership Council began in the Turkish capital Ankara on Thursday that was co-chaired by Secretary General of the Ministry of Industry, Trade and Supply Yousef Al Shamali, and Undersecretary of the Turkish Ministry of Economy, Husnu Dilemre. The meeting tackled means to boost cooperation between the two countries, mainly ... Read More »

Jordan’s sheep exports increase by 14% since January

increase exports

AMMAN: The volume of Jordan’s sheep exports during the first nine months of this year increased by 14 per cent compared to last year, officials at the Ministry of Agriculture said on Thursday. This year, the Kingdom exported a total of 387,700 head of sheep, Salah Tarawneh, the Agriculture Ministry’s assistant secretary general for marketing and information, said in a ... Read More »

Peru, Jordan sign deal to boost cultural exchange


  AMMAN: The Inca citadel of Machu Picchu entered a twinning agreement with ancient Nabataean Petra City (Jordan) to strengthen cooperation ties and promote permanent cultural exchange between them. The document bears the signatures of Peru’s Culture Minister Salvador del Solar and Petra Development and Tourism Region Authority (PDTRA) Chief Commissioner Mohammad Abbas Nawafleh. The agreement provides that conferences and ... Read More »

EU offers Jordan soft loan worth 200m Euros


  AMMAN: The EU has provided Jordan with a financial assistance of 200 million euros as a soft loan in the form of macro financial assistance, Planning and International Cooperation Minister Imad Fakhoury announced on Monday. Finance Minister Omar Malhas, Central Bank of Jordan Governor Ziad Fariz and EU Commissioner of Economic and Financial Affairs, Taxation and Customs Pierre Moscovici ... Read More »

King visits Amman customs house


  AMMAN: His Majesty King Abdullah II made a surprise visit to the Amman Customs House where he checked on progress of work and the level of services offered to citizens, investors, expatriates and cargo vehicles. During a tour of the facility, His Majesty was briefed by Director General of Jordan Customs Department (JCD) Wadah Hmoud on measures taken by ... Read More »