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...