Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Two constitutional petitions filed by Amal Steel, Karachi for in bonding of goods under section 84 of the Customs Act 1969 were decided by a divisional bench of High…
KARACHI: A Special Customs Reference Application filed by one Fahad Yousuf claiming to be owner of a vehicle with tampered chassis was dismissed by a custom appellate bench of High…
KARACHI: The All Pakistan Customs Agents Association (APCAA) and the Karachi Customs Agents Association (KCAA) have expressed their strong support for the implementation of the Faceless Customs Clearance system in…
Karachi: New car sales in Europe rose 5.9% in July, the best month for more than a year in a boost for the struggling industry as consumer confidence weakens, European…
Karachi: Indus Motor Company Limited (IMC) today announced its financial results for the year ended June 30, 2025, reporting strong growth in sales, revenues, and profitability amid signs of economic…
Pakistan debates the role of international NGOs in shaping its tobacco control policies, findings from Bangladesh highlight a cautionary tale that policymakers here cannot ignore. A recent report revealed how…
The State Bank of Pakistan (SBP) has announced the designation of D-SIBs for the year 2025 in accordance with Framework for ‘Domestic Systemically Important Banks (D-SIBs)’ published in April 2018…
KARACHI: A divisional bench of High Court of Sindh afforded one more opportunity to the Federal Board of Revenue to address concern expressed by the High Court regarding existence of…
KARACHI: Three Special Custom Reference Applications filed by Customs department and three constitution petitions filed by respondent / importers were disposed of by a divisional bench of High Court of…
The State Bank of Pakistan has released its financial statements for FY25 along with auditors’ report thereon on its website. Simultaneously the aforesaid financial statements and auditors’ report have also…
The total liquid foreign reserves held by the country stood at US$ 19,617.8 million as of 22-Aug-2025. The break-up of the foreign reserves position is as under: i) Foreign reserves…
Karachi: In a surprising administrative move, BS-22 Pakistan Customs Service (PCS) officer Wajid Ali has assumed charge as Chief Collector Appraisement South, a position traditionally held by a BS-21 officer.…
Karachi: The Central Depository Company of Pakistan (CDC) has onboarded AKD Securities Limited to its RAAST Aggregator Platform, enabling investors to transfer funds instantly and securely. This strategic integration, implemented…
Karachi: Engro Holdings Limited, previously Dawood Hercules Corporation Limited (PSX: ENGROH), announced its financial results for the half year ended June 30, 2025. Overview of Financial Performance For the half…
As envisaged in the SBP Vision 2028, the SBP has announced the themes of first cohort under its Regulatory Sandbox initiative. Under this cohort, SBP will consider applications focused on…
KARACHI: A new study by the Aga Khan University has found that one in four children aged 3 to 8 attending public schools in Karachi are at risk of developmental…
MULTAN: In a significant and successful operation, the Anti-Smuggling Organization (ASO) Multan, led by Collector Sumair Tarar, has recovered a substantial quantity of smuggled goods valued at approximately Rs. 142…
KARACHI: An order passed by President of Pakistan in a representation made by an importer was suspended by a divisional bench of High Court of Sindh (SHC) and notices were…
Gadani: Pakistan Customs’ Gadani Enforcement field formation, Khurkhera, has intensified its crackdown on smuggling, seizing approximately 466 million PKR in contraband goods so far this month. The comprehensive anti-smuggling drive…
Karachi: The President and General Secretary of Pakistan Tax Bar Association has drawn the attention of Chairman FBR towards technical problems in IRIS system. Following is the text of letter…