Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI, Pakistan: The State Bank of Pakistan’s Monetary Policy Committee kept its benchmark policy rate unchanged at 11.5% on Monday, pausing after a rate hike at its previous meeting as…
KARACHI: A two member bench of Customs Appellate Tribunal, Karachi comprising Mazhar Ali Ghallu, Member Judicial-I, Karachi and Dr Tahir Qureshi, Member Technical I, Karachi dismissed four identical appeals K-555…
KARACHI: Pakistan’s government presented its federal budget for the 2026–27 fiscal year on Tuesday, proposing significant income tax reductions for salaried employees across four income brackets along with the complete…
ISLAMABAD: The federal government on Friday proposed a 7% salary increase for public sector employees in its budget for the 2026-27 fiscal year, according to budget documents. A 7% hike…
KARACHI: Finance Minister Muhammad Aurangzeb presented Pakistan’s federal budget for fiscal year 2026-27 on Friday, setting a GDP growth target of 4% while projecting inflation at 8.2%, as the government…
ISLAMABAD: The Pakistani government has proposed a Rs1 trillion Public Sector Development Program for fiscal year 2026-27 as part of a larger national development outlay of Rs3.675 trillion, according to…
ISLAMABAD: Pakistan’s Federal Board of Revenue on Tuesday published draft regulations that would, for the first time, establish a formal customs framework for the supply of marine bunker fuel at…
KARACHI: Inflation during fiscal year 2026 remained broadly manageable due to prudent macroeconomic policies and improved supply conditions, even as supply-side disruptions and renewed external pressures threatened price stability, the…
ISLAMABAD: Pakistan’s economy grew at an estimated 3.7% in fiscal year 2026, up from 3.2% a year earlier, driven by expansion in the services and agriculture sectors despite flooding and…
KARACHI: A customs appellate bench of High Court of Sindh allowed a Special Customs Reference Application (SCRA) filed by Collector of Customs, MCC Appraisement West against Messer’s Muhammad Arif Construction…
KARACHI: Senior Advocate Dr Shahab Imam was designated as Focal Person by Department of Human Rights. According to an order issued by Secretary, Human Rights Department Khalid Chachar, Dr Shahab…
MULTAN: Customs enforcement officers raided a tire market near Vehari Chowk on Sunday, seizing 174 smuggled tires worth approximately 10 million rupees, officials said. The operation was conducted on the…
KARACHI: With only one month left in the fiscal year, Pakistan’s tax collection system has released a new report that gives reason for both hope and serious concern. For the…
KARACHI: The Sindh High Court has suspended a First Information Report against Al Rahim Trading Company and set June 18, 2026, as the next hearing date to determine whether the…
KARACHI: Sindh High Court summer vacations commences from today i.e Monday, June 01 and will end on July 31. The normal court work will resume from August 03. As per…
KARACHI: Special Customs, Taxation & Anti-smuggling–II, Karachi acquitted 50 accused facing trial in cases registered under Sales Tax. The acquittal came on ground that prosecution failed in justifying Show Cause…
ISLAMABAD: Pakistan’s Federal Board of Revenue (FBR) has proposed a major update to customs declaration forms, mandating importers to provide either their National Tax Number (NTN) or Foreign Tax Number…
KARACHI: A constitutional bench of High Court of Sindh (SHC) comprising Justice Muhammad Saleem Jessar and Justice Nisar Ahmed Bhanbhro suspended operation of a FIR No ASO-31/2026-INT, dated 18.05.2026 while…
KARACHI: Chaudhry Muhammad Iqbal, Collector of Customs (Adjudication-I) has decided a Contravention Case No CN-19886828-02082025 in favor of respondent Hoora Pharma Private Limited and against the Collectorate of Customs (JIAP),…
KARACHI: The Federal Board of Revenue (FBR) has hammered M/s Gerry’s Dnata (Pvt) Ltd with Rs. 2.7 billion penalties after adjudication orders established its involvement in the illegal removal of…