News

ISLAMABAD: Pakistan is bearing an annual loss of Rs240 billion due to the smuggling of Petroleum products, according to the Petroleum Commission’s report which...

ISLAMABAD: Leading tax experts and tax advisors are surprised over the claims of a Mardan-based company, which offered Prime Minister Imran Khan all possible...

ISLAMABAD: After seizure of 600 cartons of counterfeit cigarette brands, FBR’s Member Inland Revenue (IR) Operation Dr Mohamad Ashfaque said the Track and Trace...

Local industry is like a backbone of any country. It plays a vital role in the economic development, it’s an import substitute, pays taxes,...

ISLAMABAD: The Trading Corporation of Pakistan (TCP) has blacklisted nine sugar mills which have defaulted on their obligation to pay Rs10billion to the trading...

ISLAMABAD: The FBR has confiscated six million sticks near the Burhan Interchange. According to an FBR announcement, the Directorate of Intelligence and Investigation-Inland Revenue,...

ISLAMABAD: The Federal Board of Revenue (FBR) has suffered a huge revenue loss on account of exclusion/adjustment certificates issued to the steel units by...

FAISALABAD: The Federal Board of Revenue (FBR) regional tax office arrested a trader for making fake invoices worth millions of rupees to evade tax. The...

ISLAMABAD - FBR’s Inland Revenue (Operations) Member Dr Muhammad Ashfaq has said that the newly-upgraded ‘Fully Automated Sales Tax e-Refund (FASTER) Plus system’ is...

KARACHI: Prime Minister Imran Khan has sought a report on illicit trade of smuggled cigarettes, costing Rs140 billion to the exchequer every year. Welcoming...

ISLAMABAD: Pakistan Customs has confiscated non-duty paid cigarettes worth Rs549 million during first seven months of the current fiscal year, a statement said on...

Islamabad: Pakistan government has intensified its crackdown against smuggled and substandard petroleum products across the country, causing loss of Rs150 billion to the national...

ISLAMABAD: Japanese government has swung into action to crack down on clearance of imported cars on forged and fake documents in Pakistan, it said...

ISLAMABAD: Japanese government has swung into action to crack down on clearance of imported cars on forged and fake documents in Pakistan, it said...

The Authorities Had Reportedly Failed to Enforce The Policy Properly, Resulting In The Illegal Trade Of Cars Using Forged Documents Japan has had it with...

ISLAMABAD: The Federal Board of Revenue (FBR) on Monday kicked off a major drive against 195 illegal petrol retail outlets in three provinces on...

THE government wants to put a stop to the widespread smuggling of cheap, low quality Iranian petrol and diesel into the country through Balochistan....

LAHORE: Illegal trade is a major threat to the country’s economy and there is a dire need for documentation to address the issue, said...

ISLAMABAD: Former chairman FBR Shabbar Zaidi has made a startling disclosure that $150 billion owned by Pakistani businessmen are stashed in foreign bank accounts,...

Islamabad: The Federal Board of Revenue (FBR) has intensified its operations against illicit and smuggled cigarettes across the country. “Tobacco sector is one of the...

Pakistan Customs, being the lead agency in counter-smuggling, along with frontier corps and Balochistan police, raided a showroom in Quetta, near Chamman Highway and...

Wildlife trade has been rampant in Pakistan for decades. According to the United Nations Office on Drugs and Crime (UNODC), wildlife crime is the...

Islamabad: Activists from Peoples Lawyers Forum (PLF) and Peoples Students Federation (PSF) have demanded Azad Kashmir government to constitute a judicial commission to probe...

LAHORE: The government has proposed penalties of up to Rs1 million for manufacturing and selling substandard, adulterated and counterfeit cosmetic products. The Government of Punjab...

A meeting of the Pakistan Medical Association held at the PMA House took serious notice of the news of an American broadcast in which...

PESHAWAR: Illegal mining is going on unabated across Khyber Pakhtunkhwa. An official report revealed that illegal mining of sand, crush, stones, nephrite, granite, phosphate,...

Counterfeit items are low-quality imitations of original items. While the products may look alike, they differ in quality to the original products. The money...

Counterfeit products have gained popularity and exposure in the past few years. Cheap watch suppliers, replica designer clothing, branded shoes and many more products...

Women and makeup go hand in hand and as a consumer, there is nothing like getting your hands on the latest beauty product being...

The biggest black market in today's time is the sale of illegal goods. Every-time you come across a haul of fake designer goods you...