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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

WHT zone of RTO-II achieves 101pc growth in six months: Sajid Ahmed

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LAHORE: Due to outstanding performance by the Withholding Zone, Regional Tax Office-II has collected Rs47371million with 101 percent growth in the first half of the ongoing financial year. The WHT Zone record 320 percent growth has been recorded in spinning section and 130 percent under the head of marriage halls under the Section 236-D in the first six months of ... Read More »

Smugglers have fear of customs in their mind: Riaz Hussain

Deputy Director Riaz Hussain

FAISLABAD: The Customs Intelligence and Investigation (I&I) foiled smuggling attempts of miscellaneous goods worth Rs236.67 million which involves duty Rs90.1 in first seven months of FY2016-17 during different operations. Deputy Director Customs I&I Riaz Hussain told this during an exclusive talk with Customs Today. He told that the Customs I&I under the directions of Director Rubab Sikandar conducted various raids ... Read More »

BBIA DC for giving access to FIA data to control baggage examination

naghma Tehniat

ISLAMABAD: The Customs Staff of the Benazir Bhutto International Airport (BBIA) Islamabad needs access to the FIA data for effective profiling mechanism to bring down percentage of baggage examination without compromising controls. The customs staff deputed at the BBIA airport needs Body X-ray equipment for detecting body concealments. The airport customs staffers also require residential accommodation at the new Islamabad ... Read More »

ASO-Preventive striving hard to increase revenue: DC Ali Raza Sipra

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KARACHI: The Deputy Collector Customs Preventive Headquarters Ali Raza Sipra has said that the Anti-Smuggling Organization (ASO) of Customs-Preventive has seized million of rupees smuggled goods including heroin, fabric, diesel/petrol and other miscellaneous items during the last six months from September-2016 to February-2017. The Deputy Collector was expressed these views during an interview with Customs Today at his office. Ali ... Read More »

Documented financial system empowers national economy: Deputy Commissioner Khawar Siddique

Khawar Saddique

LAHORE: Deputy Commissioner Withholding Zone RTO-II Khawar Siddique has said that documented economy system is vital to empower national economy. Documented economy playing a key role for the awareness of taxpayers to boost revenue collection and this problem must be solved on priority basis. During an exclusive interview with Customs Today, Khawar Siddique said that due to the strict laws ... Read More »

IMO executes seven seizures of heroin valued Rs21.867m during seven months

sadia usman asst collector

ISLAMABAD: The International Mail Office Islamabad undertook seven seizures valued Rs21.867million during the first seven months of Financial Year 2016-17. The customs staff deputed at the International Mail Office (IMO) Chaklala Rawalpindi confiscated a big quantity of heroin during above said period under the supervision of Assistant Collector Sadia Usman. Giving an exclusive interview to Customs Today, IMO Assistant Collector ... Read More »

FBR takes revolutionary steps for betterment of staff, officials: Member Admin Majid Qureshi

Majid Qureshi

ISLAMABAD: Federal Board of Revenue (FBR) Member Administration Muhammad Majid Qureshi has taken revolutionary administrative measures for the betterment of officials and especially for Grade 1 to Grade 16 employees of Federal Board of Revenue. It is worth mentioning that that after assuming the charge on February 8, 2016 as Member Administration he has not availed a single leave. During ... Read More »

Pakistan Customs breaking all previous records of revenue collections: Dr Zubair

Int'l Customs Chief Dr Zubair

ISLAMABAD: Chief International Customs Federal Board of Revenue Dr. Zubair has said we are ready to face the risks and challenges. Pakistan Customs is breaking all previous records of revenue collections. He stated this while giving an exclusive interview to Customs Today. He explained about the World Customs Organization Theme Data Analysis and said there are two main purposes of ... Read More »

Reforms introduced by Dr Akhtar may be a guideline for other Adjudication Officers

Collector Adjudication Dr Akhtar Hussain

ISLAMABAD: Collector Adjudication Dr. Akhtar Hussain with judicial background is hardworking and intelligent officer and one of them who set the trends. As collector adjudication he has introduced revolutionary changes and transformed the pattern of issuing show cause notices and Order In Original. In my opinion, these changes may be a guideline for other Adjudication Officers who must be followed. ... Read More »

Dry port planning to install weighbridge after PR fails to fulfil its responsibility: Amanat

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ISLAMABAD: The dry port Islamabad is planning to install a weighbridge with the money to be drawn from the Common Poll Fund (CPF) as Railways was not taking any serious notice regarding this matter. The dry port Islamabad has exceeded its initial eight-month target in seven months and nine days (From July to 9th February FY16-17) with the surplus collection ... Read More »

Call to reduce taxes, duties on alternate energy solutions for SMEs

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Small and medium enterprises playing crucial role in economic uplift:  Waqar Mian LAHORE: There is an urgent need to reduce taxes and duties on alternate energy solutions for SMEs. The small and medium enterprises playing crucial role in economic development and are given a special treatment in all countries. But in our case they have not been given the importance ... Read More »

ASO generates Rs290.066m income during January FY2016-17

ASO generates Rs290 066m income during January FY2016 17 copy

ISLAMABAD: The Anti-Smuggling Organization Peshawar generated Rs290.066million revenue during January of Financial Year 2016-17. During the abovementioned period, the ASO collected revenue of Rs54.3million by seizing gold and foreign currency valued of Rs29.05million. The ASO collected revenue Rs10.38million by confiscating different kinds of costly smuggled mobile-phones. The credit for all the above confiscations goes to the border management steps taken ... Read More »

Peshawar Customs collects Rs1.33b by seizing non-duty paid goods from July-Dec 2016-17

Qurban Ali

ISLAMABAD: Following the border management steps adopted under the National Action Plan (NPA) the anti smuggling measures intensified in Khyber Pakhtoon Khawa (KPK), tremendous increase in enforcement activities lead to increase in seizers, however, drastic decrease in value of exports is alarming, during previous years (2013,14,and 2015) exports were higher under value of billion of rupees against the export during ... Read More »

Cellular sector faces challenge on tax issues in Pakistan: Chairman Emeritus Vimpelcom Augie K. Fabela

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ISLAMABAD: The Chairman Emeritus Vimpelcom Augie K. Fabela, said that company faced challenges in Pakistan due to tax issues. It is just because of the fact that majority of taxes are indirect and not imposed on cellular companies but the end user and customers. He further said that rationalization of tax rates along with lowering the dependence on indirect taxes ... Read More »

FBR Member IR Policy Rehmatullah Wazir tells benami account-holders to legalize money or face music

Rehmatullah Wazir

ISLAMABAD: Federal Board of Revenue (FBR) Member Inland Revenue Policy Rehmatullah Khan Wazir has advised the benami accountholders to legalize their money or stern action will be taken against them. In an exclusive interview with Customs Today, the member inland revenue said that the FBR was going to launch a special campaign against the benami accountholders under the umbrella of ... Read More »

Peshawar Customs’ performance declines due to development cess: Sarwat

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ISLAMABAD: The Model Customs Collectorate of Peshawar’s performance has shown decline due to levy of one percent Infrastructure Development Cess on imported items but this matter will be resolved soon between the Chamber of Commerce and the KP government. The business of Peshawar dry port suffers due to Infrastructure Development Cess, and the business community is demanding that the said cess is ... Read More »

FBR needs to take new steps to raise quantum of direct taxes: Khawar Rasheed

Khawaja Khawar Rasheed

LAHORE: Direct taxes are more progressive as they are collected directly from those who have the ability to pay whereas indirect taxes are passed on to the end consumers and their impact on the relatively poorer sections of society is more in percentage’s terms than on the richer households. In the given conditions, the FBR needs to identify the shortcomings ... Read More »

Govt should facilitate traders to boost taxation: AC LTU Rehan Safder

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LAHORE: The government should facilitate traders to increase taxation. If traders will earn more, they will pay more taxes. To strengthen national economy, the government should also facilitate the Federal Board of Revenue (FBR) with more staff and all other facilities required for the tax collection. This was stated by Rehan Safder, Additional Commissioner, Large Taxpayers Unit (LTU), Zone-IV, Lahore, ... Read More »

Airways’ bills is a phenomenon for AFU: Addl Deputy Collector Kh Khurram

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ISLAMABAD: Deduction of airways’ bills is a phenomenon for Air Freight Unit (AFU), Islamabad. The administration of AFU is seriously digging out this problem as the AFU has been lodging several FIRs against importers. This was stated by Khawaja Khuram Naeem, Additional Deputy Collector (ADC), AFU, Islamabad, during an exclusive interview with Customs Today. He said the AFU is optimistic ... Read More »

Need to enhance tax to GDP ratio stressed

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  Anwar says govt fails to deliver on tax-to-GDP ratio by 15 percent LAHORE: Pakistan has one of the lowest tax-to-GDP ratios among developing countries and the fact has been brought into light on a number of platforms but no significant improvement has taken place. Both federal and the four provincial governments have failed in the past seven years to ... Read More »