Pakistan Customs, Tax, Shipping & Business News Resource
ISLAMABAD: The Federal Board of Revenue (FBR) has officially designated Railway Station Taftan as a land customs station, paving the way for formal import and export operations at the strategically…
ISLAMABAD: The Federal Board of Revenue (FBR) on Tuesday issued a sweeping transfer and posting notification for 18 senior officers of the Pakistan Customs Service (PCS) in grades BS-19 and…
KARACHI: A division bench of High Court of Sindh (SHC) comprising Justice Muhammad Saleem Jessar and Justice Nisar Ahmed Bhanbhro allowed a constitutional petition filed by Messer’s Al-Rahim Trading Company…
Karachi: Select Technologies Limited’s Initial Public Offering book-building process was fully subscribed at Rs34 per share, above the floor price of PKR 28 per share. The Company offered 66.67 million…
ISLAMABAD: Customs formations across Pakistan, including Appraisement South and Customs Enforcement, have effectively ground to a halt due to severe staff shortages and structural dysfunction, resulting in massive revenue losses…
KARACHI: Federal Constitutional Court of Pakistan (FCCP) bench headed by Chief Justice Amin-uddin Khan with Justice Ali Baqar Najafi allowed hundreds of civil appeals challenging insertion of Section 7-E into…
KARACHI: In a significant ruling today, the High Court of Sindh allowed a constitutional petition and quashed an FIR registered by the Customs Enforcement against Al Rahim Trading Company and…
KARACHI: The Federal Constitutional Court has declared Section 7E of the Income Tax Ordinance, 2001, unconstitutional and void in its entirety, ruling that the provision effectively imposed a tax on…
KARACHI: A constitutional bench of High Court of Sindh (SHC) comprising Justice Muhammad Saleem Kaiser and Justice Nisar Ahmed Bhanbhro allowed provisional release of consignment of Five Star Fertilizers while…
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…