Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: A high-level stakeholder meeting, chaired by Mr. Qaiser Ahmed Sheikh, Federal Minister for Investment, was held at the Board of Investment’s Regional Office Karachi. The meeting was attended by…
ISLAMABAD: Pakistan’s inflation rate is projected to slow to 3.5-4.0% year-on-year (YoY) in May 2025, according to a report released Monday by Topline Securities, a leading brokerage firm. The forecast…
ISLAMABAD: Justice Arbab Muhammad Tahir of Islamabad High Court ordered issuance of notice s in a writ petition filed by Hasan Enterprises International filed through Shahab Imam Advocate. The petition…
KARACHI: A first information report (FIR) is filed by the Collectorate of Customs (Appraisement-West) in Karachi, Pakistan, detailing a case of customs fraud, misdeclaration of goods, and collusion involving multiple…
GADANI: In a major crackdown on smuggling activities, the Collectorate of Customs (Enforcement) in Gadani intercepted a passenger bus carrying smuggled goods worth approximately PKR 68.2 million at the Khurkhera…
Islamabad: In a significant move to regulate the freight forwarding industry, the Federal Board of Revenue (FBR) has introduced the Freight Forwarders Licensing Rules, 2025 under S.R.O. 814 (I)/2025. The…
ISLAMABAD: In a recent development, the Federal Board of Revenue (FBR) has suspended Syed Ali Akbar Zaidi, a Pakistan Customs Service (PCS) officer of BS-19, who was serving as Additional…
KARACHI: In a decisive move against fuel smuggling, Karachi Customs Enforcement, in collaboration with intelligence agencies, seized over 72,000 liters of smuggled high-speed diesel (HSD) in two major intelligence-driven raids…
KARACHI: Passing an order under section 21 (5) of the Sales Tax Act 1990, Chief Commissioner Inland Revenue, Corporate Tax Office, Karachi ordered restoration of case of Ezza International. Syed…
KARACHI: A five member larger bench of Supreme Court of Pakistan decided a host of Civil Appeals, Civil Review Petitions while re-affirming judgment by three member apex court bench in…
KARACHI: A shocking corruption scandal has rocked the Collectorate of Customs Appraisement in Karachi, involving an Appraising Officer (AO) and a network of private individuals and clearing agents. The scandal,…
KARACHI: The Federal Board of Revenue (FBR) has officially announced the promotion of several officers in the Pakistan Customs Service (PCS), marking significant career advancements within the department. Among those…
ISLAMABAD: The Federal Board of Revenue (FBR) has established a high-level committee to evaluate and recommend a revamped performance management regime for its officials in Basic Pay Scales (BS) 1-15…
QUETTA: In a major crackdown on smuggling activities, Collectorate of Customs (Enforcement) Gadani intercepted a large consignment of smuggled goods, including mobile phones and Boostin Plus injections, with a total…
The morale of the Pakistani Armed Forces and its people has soared to unprecedented heights following a historic victory over India. This triumph has not only reinforced national pride but…
Karachi: In a significant move to tighten regulatory oversight, Customs Intelligence has issued 24 alerts to all collectorates, highlighting discrepancies in import procedures and valuation rulings. The alerts—issued under the…
ISLAMABAD: The federal government is considering imposing a 5% sales tax on ride-hailing platforms such as InDrive, Careem, and Uber in Islamabad as part of the upcoming 2025-26 budget. This…
KARACHI: Hearing a number of petitions filed against issuance of summons by Commissioner Inland Revenue under section 37 of the Sales Tax Act 1990 requiring of Petitioners to attend the…
Karachi: In a significant move to regulate the freight forwarding sector and bolster the integrity of trade supply chains, the Government of Pakistan has proposed the Freight Forwarders Licensing Rules…
KARACHI: Lawyers of Karachi and Sindh in general have observed May 12 a black days in remembrance of May 12 Mayhem which occurred 18 years back during lawyers movement for…