State Bank Raises Interest Rate to 11.5% to Fight Rising Prices
ISLAMABAD: The State Bank of Pakistan has increased its key interest rate to 11.5% in a surprise move to stop prices from rising any further. The bank’s Monetary Policy Committee…
SHC admits SCRA filed by Collector of Customs Enforcement
KARACHI: A Special Customs Reference Application No 158 of 2025 filed by Collector of Customs, Enforcement, Karachi against Rohi Muhammad and another was admitted by a customs appellate bench of…
PMO Orders Action in Rs 120 Billion Solar Panels Scam – But Whistleblower Was Suspended After Report Leak
ISLAMABAD: Prime Minister Shehbaz Sharif has ordered strict legal action against all those involved in the Rs 120 billion solar panels over-invoicing and money laundering scam, directing that both private…
SHC dispose of SCRA filed by PCA Directorate against Yousuf Enterprises
KARACHI: A custom appellate bench of High Court of Sindh (SHC) disposed of a Special Customs Reference Application (SCRA) 584 of 2019 filed by Director General of Post Clearance Audit,…
Former Customs Officers Reunite for Eid Milan Gathering in Karachi
KARACHI: Around eighty retired customs officers came together for a heartfelt Eid Milan get-together on Saturday evening. The event was hosted by the Ex-Officers of Customs Club at Al-Hirra Banquet,…
SHC allows 4 identical Special Customs Reference Applications filed by DIT
KARACHI: A customs appellate bench of High Court of Sindh (SHC) decides four Special Customs Reference Applications filed by Directorate of Intelligence & Investigations (I&I) against Messer’s Mansoor Stores and…
SHC allows two SCRAs filed by I&I Directorate
KARACHI: A customs appellate bench of High Court of Sindh (SHC) comprising Justice Agha Faisal and Justice Jan Ali Junejo disposed of two identical petitions filed by Director General, Intelligence…
Silver Turned Into Lead During Transport: Customs Scandal Unfolds in Quetta
ISLAMABAD: In a shocking case of theft and corruption, 400 kilograms of silver seized by customs officials in Quetta was swapped with lead bars before reaching the Pakistan Mint in…
Customs Mega-Scam Exposed: Rs. 520 Million Fraud Uncovers Deep-Rooted Conspiracy, Questions Raised Over ‘Faceless’ System
ISLAMABAD: A high-powered joint inquiry has revealed a massive customs fraud involving the illegal clearance of a single shipping container that caused a staggering loss of Rs. 520 million to…
High-Level Inquiry Launched After Customs Officers Allegedly Swap 400 kg of Silver for Lead
KARACHI: Pakistan Customs has ordered a high-level fact-finding inquiry into the alleged theft and replacement of approximately 400 kilograms of seized silver bars with lead bars at a customs warehouse…
SHC dispose of petition by Z.A. Brothers Lahore after customs assures no-coercive action
KARACHI: A constitutional petition filed by Messer’s Z.A. Brothers Lahore was disposed of by a constitutional bench of High Court of Sindh comprising Justice Adan-ul-Karim Memon and Justice Zulfiqar Ali…
Seven Customs officials acquitted in high-profile betel nut smuggling case
KARACHI: In a significant judicial development, a special court—designated as Custom Court-I—has acquitted seven accused in a high-profile betel nut smuggling case that had implicated several senior officers and officials…
Two Customs Officials Get Compulsory Retirement for Assets Beyond Known Income Sources
ISLAMABAD: The Federal Board of Revenue (FBR) has imposed the major penalty of compulsory retirement on two BS-16 officers of the Customs department following disciplinary proceedings that established charges of…
SHC allows petition by Classic Textile, orders securing disputed amount of fine, penalty with Nazir
KARACHI: Hearing a petition filed by Classic Textile through Amjad Hayat Advocate, a constitutional bench of High Court of Sindh (SHC) comprising Justice Yousuf Ali Sayeed and Justice Muhammad Osman…
Customs Officer Uncovers Rs. 60 Million Tax Fraud in Peshawar
PESHAWAR: Following the FIR lodged by Customs Enforcement Karachi, significant enforcement activity commenced in Peshawar. Appraising Officer Ziafat Ullah, currently posted at the Research & Development (R&D) Branch, Collectorate of…
SHC remands back another case to Customs Appellate Tribunal for fresh adjudication
KARACHI: A customs appellate bench of High Court of Sindh (SHC) comprising Justice Agha Faisal and Justice Jan Ali Junejo remanded back a case decided by the Special Customs Appellate…
Rs 90 Million Tax Evasion FIR Exposes Faceless System and Dry Ports
KARACHI: An exclusive investigation based on a First Information Report registered on April 13, 2026, has uncovered a staggering Rs 90.66 million duty and tax evasion case in Karachi, exposing…
SHC dispose of petition for enforcement of delay detention certificate
KARACHI: Implementation of Delay Detention Certificate is obligatory, absolute, enforceable and mandatory, reiterates a constitutional bench of High Court of Sindh comprising Justice Yousuf Ali Sayeed and Justice Muhammad Osman…
Pakistan Opens New Trade Route Through Iran: A Bold Step for Prosperity Amid Regional Shifts
Karachi: In a landmark move, Pakistan has officially activated a new transit corridor through Iran, sending its first-ever export shipment of frozen beef from Karachi to Uzbekistan via the Rimdan…
Customs, Anti Smuggling Court dismisses bail application of accused in Silver Smuggling case
KARACHI: Special Judge, Customs, Taxation & Anti-Smuggling–I Karachi presided by Obaid Ahmed Khan dismissed the bail application of applicants Muhammad Touqeer and Muhammad Irfan Iqbal in a case of possessing…