Pakistan Revenue
Karachi, September 10, 2023 – Pakistan has taken decisive action against individuals engaged in illegal currency operations, arresting approximately 59 people involved in the clandestine world of hawala and hundi. The arrests were announced by Caretaker Interior Minister Sarfaraz Ahmed Bugti during a press conference held on Sunday.
Continue Reading
ISLAMABAD: Pakistan Customs has launched a mobile application namely ‘Pass Track’ for online currency declaration for incoming and outgoing foreign passengers from / to the country.
Continue Reading
ISLAMABAD: Pakistan Customs has launched operation against illegal cross-border movement of foreign currency and other valuables.
Continue Reading
ISLAMABAD: Asim Ahmad, Chairman, Federal Board of Revenue (FBR) has said that prevention of currency smuggling is top priority of Pakistan Customs. The FBR chairman identified top priority arrears of the government to combat smuggling of currency, vehicles, and goods. Besides, prevention of mis-invoicing was also one of the top priorities, he added. READ MORE: […]
Continue Reading
KARACHI: Pakistan has made it must for all international air passengers to declare foreign currency at the time of ticket booking. The country has taken the decision to comply with the conditions of Financial Action Task Force (FATF) for preventing money laundering and terror financing. READ MORE: Pakistan launches online currency declaration Sources in Civil […]
Continue Reading
ISLAMABAD: Pakistan Customs has foiled a bid to smuggle Qatari Riyals worth $38,500 at Peshawar Airport, a statement said on Monday, May 16, 2022 Pakistan Customs has seized Qatri Reyals worth $38,500 at Peshawar Airport. A passenger named Imran Khan, Passport No. 1570-65304-1 resident of Dir Upper was departing for Qatar via Qatar Airlines, on […]
Continue Reading
ISLAMABAD: The Federal Board of Revenue (FBR) has tightened monitoring to prevent currency smuggling in the wake of free-fall in rupee value against the foreign currencies. A statement issued on Sunday stated that FBR Chairman Asim Ahmad had instructed customs field formations for stepping up vigilance to ensure monitoring of passengers to stop currency smuggling. […]
Continue Reading
ISLAMABAD: Federal Board of Revenue (FBR) strongly rebutted the reports of currency smuggling from Pakistan to Afghanistan. In a statement issued on Friday, the FBR categorically rebutted the unfounded, malicious intent and misleading in content propaganda being advanced by some irresponsible elements that there was a huge flight of dollars from Pakistan. It is further […]
Continue Reading
ISLAMABAD: The government has introduced very harsh penalties for offence of currency smuggling. The government enhanced the jail term to 14 years for currency smuggling above $200,000 besides ten time of value of the currency would be recovered as penalty. Federal Board of Revenue (FBR) on Wednesday issued ‘Tax Laws (Second Amendment) Ordinance, 2019’ have […]
Continue Reading
ISLAMABAD – In a gesture of goodwill and cooperation, China has donated four advanced X-Ray scanners to the Pakistan Custom Wing of the Federal Board of Revenue (FBR).
Continue Reading