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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

Two fraud accused appointed National Bank of Pakistan directors

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LAHORE: In a shocking development, the government has appointed two directors to the board of the National Bank of Pakistan (NBP), who are allegedly facing trials for fraud of billions of rupees. Reportedly, Imam Bakhsh Baloch, who has been appointed as director of the National Bank of Pakistan board by the government, is allegedly facing a whooping Rs2.5b fraud in ... Read More »

Customs Intelligence Lahore transfers 8 officials

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LAHORE: Directorate of Customs Intelligence and Investigation Lahore transferred 8 officials with immediate effect. The officials include principal appraiser Amjad Akhtar Bukhari, appraiser Saqin Nazir Khan, appraiser Muhammad Ijaz Cheema, inspector Amjad Khan, intelligence officers Khawaja Zia, Muhammad Sohail Murtaza, Hina Fayyaz and KPO Bilal Ahmad Khan.   Read More »

Yarn exports falls 24pc: APTMA

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LAHORE: A competitive and viable domestic textile industry is in the larger interest of the country’s economy, said All Pakistan Textile Mills Association (Aptma) Chairman Syed Ali Ahsan. Talking to media, he said the present government announced and implemented initiatives to ensure regionally competitive energy, both electricity and gas, for five zero-rated sectors. Ahsan said the industry, all across the ... Read More »

Accountability Court judge asks NAB to expedite work on Aleem Khan case

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LAHORE: An accountability court on Saturday extended Pakistan Tehreek-i-Insaf (PTI) leader Aleem Khan’s judicial remand till April 30 in a case pertaining to his offshore companies and alleged possession of assets beyond his known sources of income. Though he extended the remand, Accountability Court Judge Saeed Najmul Hassan, who presided over the hearing, did not seem keen to do so, ... Read More »

Mobile phone imports declined by 7.6pc due to enhancement in CD

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LAHORE: Following increase in customs duty on mobile phones, imports in the country have witnessed a major decline of 7.6% during the first nine months (July to March) of the current fiscal year 2018-19. Talking with Customs Today, Vice-President of Lahore Chamber of Commerce and Industry (LCCI) Kashif Anwar has said that that the government has increased customs duty on mobile ... Read More »

Customs I&I to hold auction of 21 impounded vehicles on April 25

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LAHORE: Directorate of Customs Intelligence and Investigation (I&I) announced auction of confiscated vehicles on April 25, 2019 at Allama Iqbal Town. The following vehicles would be presented for the auction: Toyota Progress Car, Engine 2927CC, Model 1999, Reg. No. DGA-271, Chassis No. JCJ11-0005820 BMW Car 745i, Model 2003, Reg No LZM-86, Chassis No, WBAGL22000DP3832 Honda Civic Hybrid Car, Engine, 1339cc, ... Read More »

India suspends cross-LoC trade citing ‘misuse of trade routes’

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LAHORE: The Indian government on Thursday suspended the cross-LoC (Line of Control) trade between the Azad Jammu and Kashmir (AJK) and the part of Kashmir it occupies, in a move that evoked strong reactions from traders who feared the decision could force them into destitution. According to a notification issued by India’s Ministry of Home Affairs, the trade was suspended ... Read More »

Punjab govt to set up 307 fair price shops during Ramazan: Langrial

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LAHORE: Punjab Minister for Agriculture, Malik Nauman Ahmad Langrial has said that the provincial government will set up 307 fair price shops across the province during the holy month of Ramazan. In a statement issued here on Friday, Nauman Langrial said that the Fair Price Shops will be helpful to provide daily use items to masses at control rates during ... Read More »

Director FIA appreciates Sub Inspector Waqar Abbasi for recovering Rs25.5m

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LAHORE: The Director Federal Investigation Agency (FIA) Muhammad Waqar Abbasi has written a letter of appreciation to Sub Inspector FIA Punjab Zone-I Muhammad Waqar Abbasi for his remarkable performance during a successfill raid against illegal possession of foreign currency and illegal operators of hundi / hawala here on Thursday. Abbasi mentioned in the letter that “Your performance in this regard ... Read More »

NAB Court extends judicial remand of Khawaja brothers till May 2

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LAHORE: An accountability court on Thursday extended judicial remand of Pakistan Muslim League-Nawaz (PML-N) leaders Khawaja Saad Rafique and his brother Khawaja Salman Rafique till May 02 in Paragon Housing Society scam case. The imprisoned Khawaja brothers were produced before the accountability judge on completion of their previous 14-day judicial remand. Speaking to media on the premises of the court, ... Read More »

Additional Collector Basit Maqsood issues show cause notice to Sepoy Khurram Shahzad

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LAHORE: Collectorate of Customs Preventive Additional Collector Basit Maqsood Abbasi has issued a show cause notice to Sepoy Khurram Shahzad son of Nazir Ahmed. According to show cause notice no: C.No.01/Confl-6(07)/2019/332 it is stated that “Sepoy Khurram Shahzad son of Nazir Ahmed while posting at Customs House, Lahore committed acts of gross “inefficiency” and “mis-conduct” in terms of Rules 3 ... Read More »

LHC extends Hamza’s pre-arrest bail

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LAHORE: The Lahore High Court on Wednesday granted an eight-day extension in pre-arrest bail to the Leader of the Opposition in Punjab Assembly Hamza Shehbaz. Fearing arrest by the National Accountability Bureau (NAB), Hamza had sought interim bail in three cases; Ramzan Sugar Mills, Saaf Pani Company and assets beyond means of income. During the hearing, the anti-graft watchdog submitted ... Read More »

Customs Collectorates forwards report about weapons being used by sepoys

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LAHORE: Collectorate of Customs, Appraisement, Preventive and Directorate of Intelligence and Investigation (I&I) finalized a report about weapons and ammunition (including rifles, pistols and being used by sepoys and forwarded the same to Federal Board of Revenue (FBR) Member Customs Jawwad Awais Agha. Sources told Customs Today that Member Customs Jawwad Awais Agha sought complete report about all the weapons ... Read More »

Collector Appraisement Amjadur Rehman transfers 4 appraisers, 8 inspectors

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LAHORE: Collectorate of Customs Appraisement Collector Amjadur Rehman issued orders for transfers and posting of four appraisers and eight inspectors with immediate effect and till further orders.   Read More »

Collector Amjadur Rehman authorizes four AOs to exercise powers of principal appraisers

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LAHORE: Collectorate of Customs Appraisement Collector Amjadur Rehman has issued orders for authorizing four senior appraising officers to exercise the powers of principal appraisers in public interest with immediate effect and until further orders.   Read More »

No arrested official will be handcuffed from now: NAB chairman

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LAHORE: National Accountability Bureau (NAB) Chairman Justice (retd) Javed Iqbal on Tuesday said arrested officials will no longer be handcuffed. Addressing top provincial officials at a ceremony in Lahore’s Civil Secretariat, the NAB chairman said, “Bureaucracy is the backbone of the country and if it doesn’t make decisions, then how can we. The government drafts policies and it is the ... Read More »

LHC suspends suo motu proceedings by FTO

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LAHORE: The Lahore High Court (LHC) has suspended suo-motu proceeding by the Federal Tax Ombudsman (FTO) allegedly initiated to benefit a renowned home-appliance company and sought replies from the federal government. According to the details, Income Tax Commissioner Jibran Masood filed a petition against the suo motu authority of the Federal Tax Ombudsman. Advocate Safdar Shaheen Pirzada argued on behalf ... Read More »

Major reshuffle in Punjab bureaucracy takes place

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LAHORE – In a major reshuffle in the provincial bureaucracy, the Punjab government ordered transfers and postings of its administrative secretaries including the secretaries of finance, home, irrigation, agriculture and food departments. It is the first major change in Punjab bureaucracy after the PTI assumed power in August 2018 and picked a team of bureaucrats to run the province. According ... Read More »

NAB chairman cancels notices issued to Shehbaz’s wife, daughters

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LAHORE: National Accountability Bureau (NAB) Chairman Justice (r) Javed Iqbal on Monday cancelled the summons issued for Pakistan Muslim League-Nawaz President Shehbaz Sharif’s wife and daughters. The NAB chairman visited the bureau’s Lahore office today and was briefed on the cases ongoing against the Sharif family, a notification issued by the accountability watchdog stated. Justice (r) Iqbal will directly overlook ... Read More »

TEXPO attracts $600m export orders

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LAHORE: Pakistan’s biggest textile exhibition at the government level, TEXPO-2019, has attracted $600 million trade through export orders by foreign buyers, claimed Federal Commerce Secretary Ahmed Nawaz Sukhera while talking to the media at the end of the second edition of TEXPO here at the Expo Centre. Sukhera said that 363 foreign buyers from more than 50 countries participated in ... Read More »