Governor urges customs to resolve litigation issues, ‘release’ containers
KARACHI: Governor Sindh Imran Ismail on Wednesday urged the Pakistan Customs to resolve litigation issues and release around 8000 containers, stuck at ports for years.
Speaking at a ceremony organized by the Pakistan Customs to...
FBR unearths ‘biggest tax fraud’
ISLAMABAD: The Federal Board of Revenue (FBR) has claimed that it has busted the first biggest tax fraud of billions of rupees by tampering with its electronically integrated Point of Sales (POS) system amid...
Zero-rating regime for pharma sector: Drug prices should come down by 15-20pc: FBR chief
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 percent in the market, following introduction of zero-rating regime for...
Tyre smuggling costs Rs40b revenue loss
LAHORE: Industry stakeholders have claimed that the growing budget deficit of Pakistan can be controlled by curbing the smuggling of goods, which is dealing a blow to the economy.
According to them, the illegal trade...
‘New’ taxes to hurt auto industry, national economy: experts
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 would prove detrimental to the local auto industry and may...
Anti-smuggling operations in Balochistan
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 province of Pakistan with population of around 12.34 million (2017...
Narcotics worth Rs115m seized at Torkham border
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 included heroin powder, hashish, opium, and methamphetamine.
The huge cache of...
‘Illicit cigarettes inflicting a huge loss on national economy’
LAHORE: The illicit cigarettes in Pakistan is not only inflicting huge loss to the national kitty but also posing serious health hazards to the consumers of such cigarettes.
Illicit cigarette in Pakistan is available at...
Tackling illicit trade
LAHORE: Lowering import duties or taxes has seldom reduced the quantum of illicit trade in our country, as the problem lies in the support that lawbreakers get from those who are supposed to collect...
Authorities failed to stop influx of illegal cigarettes from AJK
LAHORE: The authorities have failed to stop the influx of illegal cigarettes from Azad Jammu and Kashmir (AJK) to other parts of the country, which is a burden on the national exchequer in the...














