Govt loses billions on tyre smuggling, low ITP values
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,...
TCP blacklists Nine Sugar Mills
ISLAMABAD: The Trading Corporation of Pakistan (TCP) has blacklisted nine sugar mills which have defaulted on their obligation to pay Rs10billion to the trading...
Six million illegal cigarettes confiscated
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,...
Exclusion/adjustment Certificates issued to Steel Industry: FBR suffers huge Revenue Loss
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...
FBR arrests Trader for Fake Invoices, Tax Evasion
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...
FBR says ‘FASTER Plus system’ expeditious, transparent
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...
Illicit Trade of Cigarettes: PM’s action very inspiring
KARACHI: Prime Minister Imran Khan has sought a report on illicit trade of smuggled cigarettes, costing Rs140 billion to the exchequer every year. Welcoming...
Illicit Cigarettes worth Rs549 million Confiscated in Seven Months
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...
Pakistan to crackdown against illegal petroleum trade
Islamabad: Pakistan government has intensified its crackdown against smuggled and substandard petroleum products across the country, causing loss of Rs150 billion to the national...
Japan takes measures to curb illegal car trade in Pakistan
ISLAMABAD: Japanese government has swung into action to crack down on clearance of imported cars on forged and fake documents in Pakistan, it said...
Japan takes Measures to Curb Illegal Car Trade in Pakistan
ISLAMABAD: Japanese government has swung into action to crack down on clearance of imported cars on forged and fake documents in Pakistan, it said...
Japan: Stern Action Against Illegal Trade of Imported Cars In Pakistan
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...
Action against Illegal Petrol Outlets Begins
ISLAMABAD: The Federal Board of Revenue (FBR) on Monday kicked off a major drive against 195 illegal petrol retail outlets in three provinces on...
Petrol Smuggling
THE government wants to put a stop to the widespread smuggling of cheap, low quality Iranian petrol and diesel into the country through Balochistan....
Illegal Trade – A Threat to Pakistan’s Economy
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...
$150b of Pakistanis Stashed Abroad: Shabbar Zaidi
ISLAMABAD: Former chairman FBR Shabbar Zaidi has made a startling disclosure that $150 billion owned by Pakistani businessmen are stashed in foreign bank accounts,...
FBR seized Rs542m smuggled cigarettes
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...
Smuggled Vehicles Worth Rs.120 Million Seized by Pakistan Customs
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...
Illegal Wildlife Trade in Pakistan and its Effects on Tourism
Wildlife trade has been rampant in Pakistan for decades. According to the United Nations Office on Drugs and Crime (UNODC), wildlife crime is the...
Action against Illicit Cigarette Manufacturer Demanded
Islamabad: Activists from Peoples Lawyers Forum (PLF) and Peoples Students Federation (PSF) have demanded Azad Kashmir government to constitute a judicial commission to probe...



























