Pakistan Customs, Tax, Shipping & Business News Resource
Karachi: Speaking at a high-level economic forum on “Navigating the Unknown,” Yousaf Hussain, President of the Overseas Investors Chamber of Commerce and Industry (OICCI), urged the government and national stakeholders…
KARACHI: Deciding a Special Sales Tax Reference Application, an appellate bench of High Court of Sindh has held that the claim of input tax cannot be denied when at the…
KARACHI: In a significant development, the Pakistan Customs Service has promoted several officers to BS-19, marking a new milestone in their careers. The following BS-18 officers have been elevated to…
ISLAMABAD: The Supreme Court of Pakistan has reserved its judgment in a landmark case that could redefine the jurisdiction of customs authorities in recovering sales tax and income tax after…
Karachi: Mr. Atif Ikram Sheikh, President FPCCI, has called for immediate policy interventions and resolution of anomalies pertaining to tea imports. He has explained that tea should be considered a…
Islamabad: Shahbanu Ghaznavi, a distinguished member of the Federal Board of Revenue (FBR), has filed a petition in Islamabad courts seeking a review of the pervasive corrupt practices within Pakistan’s…
LAHORE: The Collectorate of Customs Appraisement (West) in Lahore has registered a First Information Report (FIR) against multiple individuals and companies for alleged misdeclaration, fiscal fraud, and tampering with goods…
The Governor of the State Bank of Pakistan (SBP), Mr. Jameel Ahmad, while attending the gong ceremony at the Pakistan Stock Exchange (PSX) on Monday, highlighted noticeable progress made by…
KARACHI: Workers’ remittances to Pakistan surged past the $4 billion mark for the first time in March, reaching an unprecedented $4.1 billion, according to official figures released Monday. The latest…
In March 2025, workers’ remittances inflow, at US$ 4.1 billion, crossed US$ 4 billion mark for the first time. • In terms of growth, remittances increased by 37.3 percent and…
KARACHI: Justice Muhammad Iqbal Kalhoro of High Court of Sindh (SHC) disposed of an appeal filed by custom officer Syed Irshad Ali Shah challenging an order passed by single judge…
Karachi: The Site Association of Industry Karachi has urged the Pakistani government to form a high-level committee comprising stakeholders from major industrial hubs to strategize against the recent 29% tariff…
ISLAMABAD: The Islamabad High Court (IHC) has raised serious concerns over the legality of the federal government’s “admin pool” cadre, demanding clarity on its creation, posting criteria, and duration of…
Karachi: Pakistan continues to suffer massive tax losses due to the unchecked rise of the illicit cigarette trade, with the country losing around Rs. 415 billion annually as enforcement measures…
KARACHI: President Karachi Chamber of Commerce and Industry (KCCI) Muhammad Jawed Bilwani has strongly urged Prime Minister Muhammad Shehbaz Sharif to take immediate notice of the ongoing technical failures in…
KARACHI: Justice Miangul Hassan Aurangzeb of Islamabad High Court dismissed a petition filed by Commissioner Inland Revenue (CIR), South Zone, RTO Office impinging order dated 19.01.2024 passed by the President…
The total liquid foreign reserves held by the country stood at US$ 15,752.7 million as of 04-Apr-2025. The break-up of the foreign reserves position is as under: i) Foreign reserves…
Galaxefi and AsirDx sign MoU to drive digital transformation in logistics: Karachi: Amid growing international interest in Pakistan’s mining and trade sectors during the ongoing Pakistan Minerals Investment Forum 2025,…
Islamabad: Pakistan’s leading digital microfinance institution, Mobilink Bank, has added yet another feather in its cap by winning silver for its ‘Invisible Heirs’ campaign at the prestigious Dubai Lynx Awards…
KARACHI: A custom appellate bench of High Court of Sindh (SHC) allowed a Special Custom Reference Application (524 of 2022) filed by Gadoon Textile Mills Limited, Karachi challenging the powers…