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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

FBR reinstates three suspended officials of Port Qasim

KARACHI: The Federal Board of Revenue (FBR) has ordered reinstatement of three officials of BS-16, who were suspended from duties. The reinstated officials are appraiser Mohammad Idrees, appraiser Ghulam Hussain, and appraiser Mohammad Ishaq. Sourcs told Customs Today that these officials were suspended in August 2014 for six months because some official inquiries were going on against them, but now authorities have decided ... Read More »

Faisalabad ASO seizes smuggled silk cloth

FAISALABAD:The Anti Smuggling Organization ( ASO) Faisalabad seized smuggled cloth. The weight of seized clothes are 780 kilograms while its market value is Rs 5,47,216/-. The cloth were being transported to Lahore via Faisalabad. Sources told Customs Today¸that Collector Customs Faisalabad Zulfiqar Ali Chaudhary received credible information about smuggled cloth. The collector immediaely formed a ASO team comprising Muhammad Javed ... Read More »

Russia halts importing food items from Turkey

MOSCOW: Russia cracks down on Turkish food imports, in the first public move to curb trade with Ankara following the downing of a Russian fighter jet. Joel Flynn reports. Since the downing of a Russian jet on Tuesday, Turkey’s relations with Moscow are, like this orange, rotten. Experts at a quarantine plant near Moscow inspect imports from Istanbul. Vitaly Kulakov ... Read More »

Ayyan Ali’s name placed on ECL

ISLAMABAD: Fashion model Ayyan Ali, who was recently released on bail, is now unable to move to any foreign country as the government has placed her name in the Exit Control List (ECL), it is learnt. According to sources, the government has included her name in the ECL, restricting her not to move out of the country until further orders. The super ... Read More »

FBR serves notice on official on misconduct

ISLAMABAD: Federal Board of Revenue has issued a final show cause notice to Lahore Regional Tax Office (RTO) Deputy Commissioner Naeem Abbas (IR /BS 18) on misconduct. According to the details, FBR has served notice on Naeem Abbas under the Rule 3 (b) of the Government Servant (Efficiency and Discipline) Rules 1973. The notice further stated that FBR has decided ... Read More »

Customs Court heard 17 cases on Friday

LAHORE: The Special Court of Customs Taxation and Anti-Smuggling heard 17 important cases on Friday and recorded statements and issued necessary actions regarding all cases. On Friday, at least 17 cases were scheduled for hearing, including pre-arrest bail pleas of accused as well. The court adjourned the bail pleas of Shahzad Ahmed, Toufeeq Butt and Malik Siraj Ali until the ... Read More »

LHC to hear Ayyan Ali’s acquittal plea today

LAHORE:  Justice Abdul Sami Khan of the Lahore High Court (LHC) will hear the acquittal plea filed by super model Ayyan Ali today. Sources told Customs Today that advocate Sardar Latif Khan Khosa, ex-governor Punjab, has filed the plea on behalf of the model Ayyan Ali. In her plea, Ayyan Ali challenged the verdict of the Customs Court in which ... Read More »

Customs Court extends physical remand of Taufeeq Butt in Gold Smuggling case

LAHORE: The Special federal court of Customs taxation and Anti Smuggling has issued 3 days physical remand of Toufeeq Butt in smuggling case for second time. Earlier Toufeeq Butt was in custody of customs on three days physical remand. According to details Toufeeq Butt was on pre arrest bail by the Lahore High court in a Gold Smuggling case in ... Read More »

Expenditures on social safety nets not to be compromised: Dar

ISLAMABAD: Minister for Finance, Muhammad Ishaq Dar said that strengthening and enhancing the outreach of social safety nets for poor of the poorest was top most priority of the government. Addressing a Memorandum of Understanding (MoU) ceremony among Pakistan Bait-ul-Mal, Universal Service Fund (USF) and Microsoft here, he said that government has enhanced its expenditures to support and assist the ... Read More »

Home minister claims 300,000 raids in first six months to check smuggling

DHAKA: The law enforcing agencies have carried out 322,000 raids in the first six months this year to check smuggling, Home Minister Asaduzzaman Khan Kamal has said. During this period, 13,500 people were arrested on smuggling charges and 72,000 cases were initiated, stated the minister. Kamal released the data at the end of a meeting of the National Smuggling Prevention ... Read More »

Kazakhstan to import gold supplies from Russia, Iran

MOSCOW: Kazakhstan’s Tau-Ken Samruk expects the first gold from Russia and Iran to be delivered for refining this December, Chief Executive of the company Mazhit Turmagambetov said on Thursday. “Russians also come to us for refining because we offer an appropriate price and are ready to work on a tolling basis. We expect the first delivery from Russia and from ... Read More »

Iran, Russia sign 1.2b euros agreement for train line

TEHRAN: Iran and Russia have signed an agreement worth 1.2 billion euros to electrify a train line, linking north-central Iran to the northeastern border with Turkmenistan, an official says. The agreement signed between Russian Railways and the Islamic Republic of Iran Railways (RAI) envisages constructing power stations and overhead power lines along the Garmsar-Sari-Gorgan-Inche Burun route in Iran. “The implementation ... Read More »

Iranian hand-woven carpet export slips 10% in 7 months

TEHRAN:Iran’s exports of hand-woven carpet to international markets have slipped 10 percent in the first seven months of the current Iranian calendar year (started on March 21). During the time expansion, according to the head of Iran National Carpet Center Hamid Kargar, Iran could shipped 2,620 tons of carpet worth $142 million to 80 countries across the world, up 3 ... Read More »

Russia stops imports of Turkish products

MOSCOW: Russia has reportedly stopped the import of Turkish products onto its soil as of Thursday, following the downing of a Russian warplane for violating Turkish airspace. According to Adnan Dalgakıran, who is a member of the Turkish Exporters’ Assembly, Russian customs are refusing to accept Turkish goods and products, for a number of excuses including inventory and others. All ... Read More »

Dr Muhammad Iqbal appointed FBR Spokesperson

ISLAMABAD: Dr Muhammad Iqbal, a BS-20 officer of Inland Revenue Service, has been designated as Official Spokesperson for Federal Board of Revenue (FBR) with immediate effect. Dr Muhammad Iqbal is presently posted as Member (OPS) (SPR&S), Federal Board of Revenue (HQ) Islamabad. The officer, pursuing the Board’s Notification No 2711-IR-I/2015, dated 19.11.2015, assumed the charge of the post of Member, ... Read More »

First ceremony of awarding promotion badges held in FBR history

ISLAMABAD: Federal Board of Revenue Member (Administration) Waqar Ahmad has awarded Shoulder Badges to four security officials, who have recently been promoted from the post of Sepoys (BS-5) to Havaldars (BS-7). Dr Syed Farooq Jamil, Secretary(S&M) informed the participants that in order to encourage the newly promoted Havaldars, including Muhammad Taqi, Aziz-ur-Rahman Khattak, Jehangir Ahmad and Noor Muhammad, a formal ... Read More »

China to invest $438b on rail network in next five years

BEIJING: China is set to invest a total of at least 2.8 trillion yuan ($438 billion) in railway construction during the 13th Five-Year Plan period (2016-2020), reported Economic Information Daily. National railway network will grow by more than 23,000 kilometers over the next five years, with intercity projects and ones in Midwest regions being priority, said the newspaper citing people ... Read More »

PetroChina to sell stake in Trans-Asia gas pipeline for $2.4bn

BEIJING: PetroChina Co Ltd, the country’s biggest oil and gas producer, is selling a half stake in its subsidiary Trans-Asia Gas Pipeline for 15.5 billion yuan ($2.4 billion) to strengthen its balance sheet amid weak oil and gas prices. The divestment, already approved by its board, is also expected to speed up the government’s reform of the energy sector, as ... Read More »

China, Albania ready to enhance infrastructure cooperation

BEIJING: China and Albania vowed on Thursday to strengthen cooperation in infrastructure construction. In a meeting with Albanian Prime Minister Edi Rama, Chinese Premier Li Keqiang urged the two countries to turn their good political relations into substantive outcomes to benefit people of both nations. The Chinese government supports Chinese enterprises in helping build Albania’s ports, railways, power grids and ... Read More »

China to import broader range of goods, commodities from Africa

BEIJING: China will import a broader range of goods and commodities from Africa to help the continent further diversify its businesses, a senior Chinese commerce official said on Thursday. From natural resources to commodity-related products, China will import them all from Africa. Earlier this week, China offered zero-tariff on 97 percent of commodities imported from seven African countries, including Togo, ... Read More »