News

ISLAMABAD: Pakistan is estimated to annually lose more than Rs300 billion on tax evasion in five economic sectors and illicit auto lubricants and tyres...

Islamabad: The taxation policies towards the tobacco industry in Pakistan need to be based on real evidence, including the facts and figures about the...

Islamabad: Tax evasion and illegal trade in five sectors – tea, tyres & auto lubricants, pharmaceuticals, illicit cigarettes and real estate – are inflicting...

FAISALABAD: Undocumented transactions worth millions of rupees conducted by yarn and fabric traders in Sutar Mandi are hurting the national exchequer.   Located in Faisalabad, Sutar...

ISLAMABAD: The government’s compromises with real estate sector and tax authorities’ failure to take action against over 3,400 housing societies that remain outside the...

ISLAMABAD: The Federal Board of Revenue (FBR) has planned to conduct physical surveys of selected undocumented sectors, according to the new tax reform plan...

ISLAMABAD: The Federal Board of Revenue (FBR) will confiscate cigarette packs (without tax stamps) manufactured in Azad Jammu and Kashmir (AJK), but brought within...

ISLAMABAD: The Society for the Protection of the Rights of the Child (SPARC) here on Friday organised a session with journalists to discuss the...

LAHORE: The Customs Intelligence & Investigation Lahore has witnessed 30 percent drop in smuggling from India after a strict vigilance and reduction in number...

ISLAMABAD: Accomplishing a result-oriented anti-smuggling operation due to enhanced vigilance on all export consignments, the Collectorate of Customs Appraisement, Quetta seized illegal urea fertilizers...

ISLAMABAD: The Federal Board of Revenue (FBR) will take major enforcement action at the border areas of Iran to check the influx of smuggled...

PESHAWAR: Customs authorities have claimed that they have seized smuggled contraband items (narcotics) at Pak-Afghan sharing Torkham border, valuing over Rs3.5 billion since December...

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Dr Muhammad Ashfaq Ahmed said Saturday that the FBR will close businesses and retail outlets of the...

KARACHI: Governor Sindh Imran Ismail on Wednesday urged the Pakistan Customs to resolve litigation issues and release around 8000 containers, stuck at ports for...

ISLAMABAD: The Federal Board of Revenue (FBR) has claimed that it has busted the first biggest tax fraud of billions of rupees by tampering...

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Dr Muhammad Ashfaq Ahmed Friday said that the prices of the medicines should come down by 15-20...

LAHORE: Industry stakeholders have claimed that the growing budget deficit of Pakistan can be controlled by curbing the smuggling of goods, which is dealing...

LAHORE: While the government has imposed new taxes on the auto sector through mini-budget to control the widening trade deficit, experts believed these taxes...

Balochistan is one of the largest province of Pakistan in terms of area covering 347,190 km area whereas it is the most sparsely populated...

ISLAMABAD: Building further on its countrywide anti-smuggling operations, Pakistan Customs (FBR) has seized narcotics worth Rs 115 million at Torkham, Pak-Afghanistan border. The contraband items...

LAHORE: The illicit cigarettes in Pakistan is not only inflicting huge loss to the national kitty but also posing serious health hazards to the...

LAHORE: Lowering import duties or taxes has seldom reduced the quantum of illicit trade in our country, as the problem lies in the support...

LAHORE: The authorities have failed to stop the influx of illegal cigarettes from Azad Jammu and Kashmir (AJK) to other parts of the country,...

ISLAMABAD: The quantum of smuggled goods in to the country decreased during the first five months of the current fiscal year as data reported...

LAHORE: Informal trade in Pakistan is not limited to local merchandise only as a major chunk comes through smuggled goods that include electronics, home...

KARACHI: Pakistan Customs with the assistance of Sindh police and Rangers conducted 1279 operations during the fiscal year 2020-21 and seized smuggled goods worth...

HYDERABAD: The Collectorate of Customs, Hyderabad held a destruction ceremony of confiscated smuggled goods and narcotics at Hyderabad on 16th October. The Collector of Customs,...

ISLAMABAD: The Overseas International Chamber of Commerce and Industries (OICCI) has recommended to the finance teams working on the upcoming budget 2021-22 for seizure...

QUETTA: Chief Collector Customs Balochistan Mohammad Sadiq has said that all available resources are being utilised for promoting legal trade in the province with...

KARACHI: Experts have urged the tax authorities to bring the overall supply chain of tobacco under effective tobacco control and enforcement, including a mechanism...