News

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...

KOHAT: The divisional customs department since its upgradation to collectorate, Southern Khyber Pakhtunkhwa, has seized illegal goods, non-custom paid vehicles and drugs worth Rs891...

LAHORE: Speakers at a webinar have called for bringing the overall supply chain of tobacco under effective tobacco control and enforcement including a mechanism...

ISLAMABAD: The Federal Board of Revenue (FBR)'s Inland Revenue Enforcement Network (IREN) conducted various operations against illicit, counterfeit and non-duty paid cigarettes, said a...

ISLAMABAD: Pakistan is one of the top markets for the illicit tobacco trade in Asia, and the market share of these illegal manufacturers have...

Illegal tobacco trade in Pakistan is the direct result of tax evasion in the country worth PKR 80 billion every year. They make up...

LAHORE: Over Rs40 billion estimated losses to exchequer by smuggled tobacco products is just tip of the iceberg compared to damage dealt by myriad...

QUETTA: Quetta Customs and Security forces in a joint operation recovered foreign goods worth Rs 150 million. According to customs sources, the staff of...

LAHORE: The tobacco industry of Pakistan believes that effective enforcement of Federal Board of Revenue’s (FBR) track and trace system to counter tax evasion...

The Federal Board of Revenue (FBR) has estimated that approximately 25 percent of the companies in Pakistan are zombie firms involved in tax evasion...

KARACHI: Pakistan Customs has destroyed Rs.2.5 billion worth of smuggled and contraband items after a gap of two years. Addressing a function in this regard,...