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Another feather in NAB director Hafeez Siddiqui’s cap

QUETTA: When an accountability court sentenced former Balochistan Finance Secretary Mushtaq Raisani to 10 years in prison in a mega corruption case on Tuesday, it was a real feather in the cap of the National Accountability Bureau (NAB), especially Director Hafeez Siddiqui, who had led a team to arrest Balochistan Finance Adviser Khalid Lango and Finance Secretary Mushtaq Raisani in ... Read More »

Customs I&I impounds two vehicles worth Rs30m

LAHORE: Directorate of Customs Intelligence and Investigation (I&I) team impounded two vehicles from State Life Society. The market value of seized vehicle is Rs30 million. Sources told Customs Today that Director Customs Intelligence and Investigation Asad Raza Rizvi received credible information about presence of non-duty paid vehicles in State Life Society, Lahore. He immediately directed Deputy Director Hasan Farid to ... Read More »

DG Transit Trade to ensure smooth operation on ports, airports & land border stations from May 8 to 16

ISLAMABAD: Federal Board of Revenue (FBR) Secretary Enforcement & Coordination Dr. Tahir Iqbal Khattak has issued directions to Director-General Transit Trade to ensure un-interrupted customs operation on ports, airports and land border station from May 8 to May 16, 2021. He directed that all field formations shall perform their functions from May 8, 2021 to May 16, 2021 as under: ... Read More »

DG TT directs to ensure un-interrupted customs operation on ports, airports & land border stations from May 8 to 16

ISLAMABAD: Federal Board of Revenue (FBR) Secretary Enforcement & Coordination Dr. Tahir Iqbal Khattak has issued directions to Director-General Transit Trade to ensure un-interrupted customs operation on ports, airports and land border station from May 8 to May 16, 2021. He directed that all field formations shall perform their functions from May 8, 2021 to May 16, 2021 as under: ... Read More »

Finance minister directs for provision of maximum facilities in under-developed aeras

ISLAMABAD: Federal Minister for Finance and Revenue, Shaukat Tarin, held a meeting with Federal Minister for Economic Affairs Division Omar Ayub Khan at the Finance Division today. SAPM on Finance and Revenue Dr. Waqar Masood, Secretary Finance Division, Secretary EAD and other senior officers also participated in the meeting. Secretary EAD briefed the Finance Minister about the ongoing foreign funding ... Read More »

Re-assessment u/s 80(3) of Act 1969 not allowed after release of consignment: SHC

KARACHI: A two-member bench of The Sindh High Court (SHC), headed by Justice Muhammad Junaid Ghaffar set aside impugned order and allowed a constitutional petition filed by M/s Harris Silicones & Glass (Pvt) Ltd against officials of the Collector of Customs Appraisement East and others. On 19 April 2021, SHC released a detailed verdict and observed that “through this Petition, ... Read More »

Chief Collector Surriya Butt appreciates services rendered by KCCA during Covid-19 pandemic

KARACHI: Chief Collector Surriya Ahmad Butt lauded services renders by managing committee of Karachi Customs Agents Association (KCCA) during Covid-19 pandemic In her letter addressed to President Karachi Customs Agents Association (KCCA) Yahya Mohammad she said that the services provided by managing committee 2019-2020 of KCAA during the COVID 19 Pandemic.  I whole heartedly thank my team members for their ... Read More »

Asim Ahmed likely to be appointed as new FBR chairman: sources

ISLAMABAD: The federal government has decided to appoint Member IT Asim Ahmed as the new chairman of the Federal Board of Revenue (FBR). According to sources, Asim Ahmed, who is from Inland Revenue, would be given the charge of tax regulatory authority upon the retirement of Javed Ghani Ghani will reach the age of superannuation probably on April 12, 2021, ... Read More »

Port Qasim Terminal & shipping company waive demurrage and detention charges worth Rs330m

KARACHI: After directions from Sindh High Court (SHC) Qasim International Container Terminal (QICT) and shipping company waived demurrage charges worth Rs330 million. Sources said that an importer of scrape imported 18 containers of iron scrap in February 2017. Customs department detained the said consignment and forwarded a contravention report to Collectorate of Customs Adjudication. The importer through his lawyer of ... Read More »

REAP shows serious concern over the sudden decrease in freight rates

LAHORE: Rice Exporters Association of Pakistan (REAP) has shown serious concern over the sudden decrease in $ rate and increase in freight rates by shipping companies, the export of rice has been hit badly. One of the main issues in substantial increase of freight rates from previous rates of 600 to 3500 to Europe, and China from $100 to $750. ... Read More »

Hafeez forms committee for speedy HafH implementation of Agriculture Transformation Plan

ISLAMABAD: Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh, chaired a meeting on Agriculture Transformation Plan at the Finance Division today. Federal Minister for National Food Security and Research Syed Fakhar Imam, Governor State Bank of Pakistan Dr. Reza Baqir, Secretary Law and Justice Division, Secretary Economic Affairs Division, Secretary Ministry of National Food Security and Research, President ... Read More »

Appeal to PM: An insight to ensure voluntary tax compliance

 Mir Abdullah Haroon It is a widespread belief that our people are obsessed with standing out and protocols hence, the mainstream VIP culture.  Although cognizant but one fails to conceive the extent to which this addiction exceeds to. My father working as the Protocol Officer to the Prime Minister had the first-hand experience to have a glimpse of how this ... Read More »

Collector Irfan Javed’s Quetta Preventive seizes smuggled goods worth Rs126m

QUETTA: Collectorate of Customs Preventive impounded huge quantity of smuggled goods wroth Rs126 million during intelligence based operations (IBOs). Sources told that Collector Preventive Irfan Javed directed anti-smuggling squads comprising Additional Collector Yasir Wahab Kalwer, Deputy Collector Akber Jaan, Superintendent Tariq Sultan and Inspector Shehzad Akbar to adopt comprehensive policy against smuggling and also enhance vigilance on the movement of ... Read More »

Customs Today places Aruna Hussain, Soren Skou, Maersk news on sub-domains to save itself from persistent hacking

KARACHI: The website of Customs Today is persistently hacked for raising issues of importers and exposing shipping companies for bulldozing Pakistan laws, fleecing traders in the name of demurrage and detention charges and tax evasion of billions of rupees every year. The management of Customs Today has detected that the website is hacked when it carries stories about alleged overcharging ... Read More »

NAB rejects Dawn editorial titled “NAB not impartial”

ISLAMABAD: This is apropos of the editorial published on January 26, 2021 by the Daily Dawn newspaper titled as “NAB not impartial” NAB has out rightly rejected the editorial of daily Dawn newspaper wherein a malicious attempt is carried out by daily Dawn newspaper to tarnish the exemplary image and prestige of National Accountability Bureau (NAB) as an institution in ... Read More »

Deputy Collector Appraisement transfers 40 staff members with immediate effect

LAHORE: Collectorate of Customs Appraisement and Facilitation NLC Dryport Deputy Collector Syed Ittrat Hussain has issued order for posting of following officials with immediate effect and until further orders:- Faryal Amber, Appraiser transferred to import examination, auction branch, internal audit, cash branch. Hafiz Muhammad Ali Ansari, Appraiser transferred to car section, DRRA, law-I, supreme court, high court, FTO, bank guarantee ... Read More »

ECC approves Rs141m funds for COVID-19 awareness campaign

ISLAMABAD: The Economic Coordination Committee (ECC) has approved the provision of Rs141 million funds to the Ministry of Information and Broadcasting for running COVID-19 advertisement campaign on Wednesday. Finance Minister Abdul Hafeez Shaikh has chaired the session of Economic Coordination Committee (ECC) today. Sources told that a grant worth Rs400 million was approved for the maintenance of helicopters. The grant ... Read More »

All resources being utilized to bring back looted money stashed abroad: NAB Chairman

ISLAMABAD: Justice Javed Iqbal, National Accountability Bureau (NAB) Chairman has said that NAB has solid evidence of money laundering of billion of rupees of big fish. NAB has submitted corruption references in respected Accountability Courts which are under trial. He said that Quaid -e-Azam Muhammad ALI Jinnah, father of the nation in his Address to Assembly had identified bribery and ... Read More »

FBR promotes 3 appraising officers as principal appraiser BS-16

ISLAMABAD: Federal Board of Revenue (FBR) has issued notification for promotion of following appraising officers to the post of principal appraiser with immediate effect and until further orders:- Muhammad Akram, Collectorate of Customs Exports, Karachi. Muhammad Naeem Khan, Collectorate of Customs Jinnah International Airport (JIAP), Karachi. Haris Ahmad Khan, Collectorate of Customs Port Mohammad Bin Qasim (PMBQ). Their promotion will ... Read More »

Collector AIIA Azmat Tahira transfers principal appraisers, superintendents, appraisers & inspectors

LAHORE: Collectorate of Customs Allama Iqbal International Airport (AIIA) Azmat Tahira has issued order for transfers and posting of following principal appraiser, superintendents, appraisers and inspectors of Customs Air Freight Unit (AFU) with immediate effect and until further orders:- Zaman Tarar, Principal Appraiser is transferred to assessment Group-I DRRA, Audit on joining. Vaqas Jilani, Principal Appraiser is transferred from assessment ... Read More »