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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

Customs Preventive busts smuggled cloth worth Rs100m from Delhi Gate

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LAHORE: Collectorate of Preventive recovered huge quantity of smuggled cloth worth Rs100 million in a successful raid. According to the details, in pursuance of policy lines given by Chairman Federal Board of Revenue (FBR) Shabbar Raza Zaidi and the directives of the Member Customs Operations Jawwad Owais Agha, Customs Preventive has intensified the information based operations against transportation and trade ... Read More »

Accountability Court adjourns hearing of Paragon Housing scam till June 27

Khawaja Saad Rafique, Salman Rafiqu

LAHORE: An accountability court on Thursday adjourned the hearing of Paragon Housing Society scandal against Khawaja brothers till June 27. During the hearing on 13.6.2019, both the brothers and leaders of Pakistan Muslim League-Nawaz (PML-N) Khawaja Saad Rafique and Salman Rafique were produced in the court by the National Accountability Bureau (NAB). The court shows anger over delaying in the ... Read More »

DGTR holds training sessions of Customs Central Region

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LAHORE: The Directorate General of Training& Research (Customs), Regional Office, organized three training sessions on diversified topics for officers and officials of the customs department posted in Central Region during the last two months. A training session on “Pakistan’s Anti-Money Laundering Apparatus and Current Challenges” was held on April 12, 2019. The session was conducted by Director (In-service training), NPA ... Read More »

Accountability Court approves 14-day physical remand of Hamza Shehbaz

Hamza Shehbaz

LAHORE: An accountability court on Wednesday granted the National Accountability Bureau (NAB) 14-day physical remand of Opposition Leader in the Punjab Assembly Hamza Shehbaz. Hamza who was arrested by National Accountability Bureau (NAB) on Tuesday after the Lahore High Court rejected his interim bail in the Ramzan Sugar Mills and money laundering cases was presented by the accountability watchdog team ... Read More »

Hamza Shahbaz arrested by NAB as plea for bail extension dismissed

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LAHORE: The National Accountability Bureau (NAB) has arrested Leader of the Opposition in the Punjab Assembly Hamza Shahbaz from inside the Lahore High Court (LHC) in two cases regarding money laundering and holding assets beyond means, according to media. A NAB team has left the court with Hamza, who is being taken to the Thokar Niaz Baig offices of the ... Read More »

PFC seeks industrial status for enhancement in exports

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LAHORE: Pakistan Furniture Council (PFC) Chief Executive Mian Kashif Ashfaq has urged the government to award furniture sector the status of an industry so that exports of the sector could be enhanced and a reasonable foreign exchange could be fetched for the country. Presiding over a meeting of the board of directors on Monday, he asked the government to provide ... Read More »

Punjab govt set to impose new taxes in budget

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LAHORE: The Punjab government is mulling to impose new taxes on the people and suggestions to collect property tax from motorways and restaurants have surfaced on media, according to reports. The Punjab government has prepared the documents to impose taxes of Rs25 to 30 billion in next fiscal year. According to reports, the government is mulling to increase agriculture income ... 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 »

Ministry submits reply in LHC on development tax on LPG

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LAHORE: Lahore High Court (LHC) heard the case against collection of development tax on Liquefied Petroleum Gas (LPG) filed by the Azhar Saddique advocate. Ministry of Energy has submitted the reply before the court on Monday. During the hearing the counsel for appellant argued that the price of imported Liquefied petroleum gas is Rs81000 MT and the locally produced prices ... Read More »

Customs Court approves after arrest bail of suspect booked in betel nuts smuggling

Customs Court seeks reply on bail petition filed by suspects in mobiles smuggling copy

KARACHI: The Customs Court approved after arrest bail of suspect namely Abdul Sattar son of Abdul Ghaffar, who was booked in a case of attempting to smuggle 5000 kilograms betel nuts. On June 03, 2019, counsel for the accused moved after arrest bail petition and argued that applicant is innocent and was falsely implicated in this case, who is ready ... Read More »

Cement cost to further enhance after Rs125b taxes

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LAHORE: The cement cost is going to high further from July after another increase in Federal excise duty, hike in fuel prices and higher customs duty on the import of coal being announced in the federal budget 2019-20. According to cement industry experts, the revenue shortfall gap of the FBR is being planned to bridge through imposition of the new ... Read More »

LHC extends Hamza Shehbaz’s interim bail until June 11

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LAHORE: The Lahore High Court on Monday extended the interim pre-arrest bail of Leader of the Opposition in the Punjab Assembly and Pakistan Muslim League-Nawaz (PML-N) leader Hamza Shehbaz until June 11. The court was conducting hearing over cases related to the Punjab Saaf Pani Company scam, accumulating assets beyond means of income, and a corruption reference related to the ... Read More »

Customs I&I to hold auction of non-customs paid vehicles on 27th

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LAHORE: Directorate of Customs Intelligence and Investigation (I&I) will hold auction of 21 non-customs paid luxury cars on June 27th. The details of the cars along with their models and registration numbers included 2003 model Mercedes Benz S320, 1997 model Mercedes Benz E-240, 2000 model Mercedes Benz S500 car, 2003 model Mercedes Benz S500, 2004 model Mercedes Benz C180, 1999 ... Read More »

Deputy Collector Moazzam Raza issues show cause notice to five sepoys

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LAHORE: Collectorate of Customs Preventive Deputy Collector Moazzam Raza has issued show cause notice to four sepoys due to their un-authorised absence from duty. The show cause notices were issued to Sepoy Maqsood Ahmed, Sepoy Syed Asad Abbas Shah, Sepoy Malik Mohammad Shafiq, Sepoy Muhammad Arshad Rajput and Sepoy Shahid Hussain. The show cause notices stated that it has been ... Read More »

ADC Basit Maqsood vows to take action against corrupt staff

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LAHORE: Additional Collector of Customs Basit Maqsood has said that when Customs ASO teams initiate crackdowns against the smuggling activities, they are usually accused of corruption; however, if solid proofs are provided strict action against the staff involved in corruption will be taken. He expressed these view while talking to a section of media about the alleged involvement of ASO ... Read More »

FBR bars clearing agents, importers, exporters’ entry to appraisement hall, examination sheds

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LAHORE: Collectorate of Customs Preventive Air Freight Unit (AFU) Cargo Complex (AIIAP) Deputy Collector Administration issued office order restricting clearing agents, importers, exporters’s entry to appraisement hall. According to office order, in compliance to the direction of chairman, Federal Board of Revenue, it is hereby informed that all officers shall duly attend to assessment reviews and address issues of importers/ ... Read More »

Accountability court orders NAB to file reference against Khawaja brothers soon

Khawaja Saad Rafique, Salman Rafiqu

LAHORE: The accountability on Thursday ordered the National Accountability Bureau (NAB) to file a reference against Khawaja Saad Rafique and his brother Khawaja Salman Rafique soon. The accountability court held proceedings of the Paragon Housing scam. During proceedings, NAB’s investigating officer informed the court that the reference against the Khawaja brothers had been approved by the bureau’s chairman and copies ... 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 »

LHC adjourns hearing of case filed by Czech model against jail term

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LAHORE: Lahore High Court (LHC) has adjourned hearing of case filed by Czech model Tereza in which the model has challenged 8 years and 8 months jail term awarded by the additional sessions judge in heroin smuggling case. On 29.5.2019, a two member bench of Lahore High Court under the supervision of Justice Alia Neela has postponed the hearing due ... 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 »