Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Pakistan’s leading refineries have assured full preparedness to meet the fuel requirements of the country’s armed forces, emphasizing that strategic reserves and uninterrupted production capacity are in place to…
KARACHI: In a significant policy shift, the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) announced a 100 basis points cut in the policy rate to 11%,…
KARACHI: The Customs team at Ghazi Ghat, in collaboration with other law enforcement agencies, successfully intercepted a significant consignment of smuggled foreign-origin cigarettes concealed within an ambulance. This operation was…
KARACHI: The latest escalation between India and Pakistan has led to a significant disruption in trade relations, with both nations imposing restrictions on each other’s access to sea ports. This…
KARACHI: In accordance with the Federal Board of Revenue’s zero-tolerance policy against smuggling, the Enforcement Collectorate Karachi continues to play a proactive role in combating illicit trade. In a major…
Lahore: The Collectorate of Customs Appraisement (East) has exposed a large-scale fiscal fraud involving misdeclaration and evasion of duties on imported goods, causing a potential loss of over Rs. 6.9…
KARACHI: The Karachi Tax Bar Association (KTBA) has urged the federal government to abolish the super tax, reduce withholding taxes on the real estate sector, increase the exemption threshold, and…
Karachi: Acclaimed Pakistani filmmaker Mohammed Ali (Mo) Naqvi has been nominated for an Emmy Award in the category of Outstanding Historical Documentary for ‘Turning Point: The Bomb & The Cold…
KARACHI: Deciding a Special Custom Reference Application No 373 of 2020 filed by Pakistan Customs (Appraisement) against Anwar Hardware and Custom Appellate Tribunal Karachi, a custom appellate bench of High…
Karachi: In a significant move to tighten regulations in the real estate sector and curb illicit financial activities, a sub-committee constituted by the Government of Sindh has proposed sweeping reforms…
Karachi: The Aga Khan University Hospital’s Department of Paediatrics and Child Health, in collaboration with the Department of Pharmacy, celebrated the World Immunisation Week with a series of impactful events…
This strategic collaboration is set to transform Pakistan’s mobility landscape by driving the country towards a cleaner, greener and sustainable future: Karachi: In a pioneering move into making sustainable mobility…
KARACHI: Ahmed Azeem Alvi, President of SITE Association of Industry, has said that industries in the SITE area of Karachi have received no water supply for the past two weeks,…
KARACHI: Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Asif Sakhi, reaffirmed the business community’s unwavering support for Pakistan’s armed forces, stating that they stand…
Karachi: Finance Minister Muhammad Aurangzeb held a high-impact virtual dialogue with the Overseas Investors Chamber of Commerce and Industry (OICCI), attended by senior leadership of leading multinational companies operating in…
The total liquid foreign reserves held by the country stood at US$ 15,251.8 million as of 25-Apr-2025. The break-up of the foreign reserves position is as under: i) Foreign reserves…
KARACHI: A custom appellate bench of High Court of Sindh (SHC) comprising Acting Chief Justice Muhammad Junaid Ghaffar and Justice Mohammad Abdul Rahman allowed a Special Custom Reference Application 49/2022…
KARACHI: The Directorate of Customs Valuation has made remarkable strides in enhancing the efficiency of customs valuation, issuing a total of 235 Valuation Rulings over the past two years. Under…
KARACHI: Collectorate of Customs Enforcement, Karachi has successfully intercepted multiple illegal consignments, reinforcing its commitment to curbing illicit trade and safeguarding national revenue. Mobile Phones Worth Over Rs. 17 Million…