KARACHI: Customs Appraisement SAPT have uncovered a scheme to evade taxes by misdeclaring the origin of imported water filtration membranes, resulting in a potential loss of 8.5 million rupees ...

HYDERABAD: In a shocking incident on the third day of Eid, Customs Hyderabad Inspector Rashid Soomro, sepoy Wazir Memon, and cook Kabir, who were stationed in Kashmore, were abducted by dacoits ...

The total liquid foreign reserves held by the country stood at US$ 15,579.7 million as of 28-Mar-2025. The break-up of the foreign reserves position is as under: i) Foreign reserves held by the State ...

ISLAMABAD: The United States and Pakistan continue to rely on a two-decade-old trade pact as their primary forum for addressing bilateral commerce and investment issues, even as U.S. businesses face ...

GILGIT-BALTISTAN: The picturesque region of Gilgit-Baltistan is grappling with a growing reputation as a hub for smuggling operations, where elaborate schemes and systemic loopholes have facilitated ...

Islamabad: The Federal Board of Revenue (FBR) has imposed a major penalty on Mr. Zahid Mahmood, a BS-19 officer of the Inland Revenue Service, following disciplinary proceedings over charges of ...

KARACHI: Justice Muhammad Saleem Jessar of High Court of Sindh dismissed two Criminal Revision Applications 25 of 2024 and 229 of 2024 filed by accused Asad Naeem, an Officer of Pakistan Air Force ...

Karachi: Meezan Bank, Pakistan’s leading Islamic bank and The Institute of Chartered Accountants of Pakistan (ICAP) have recently signed a Letter of Intent (LOI) to collaborate on the establishment of ...

KARACHI: Customs Directorate of Post Clearance Audit have filed a criminal case against a Karachi-based business, M/s Suleman Industries, for allegedly evading Rs. 218.4 million ($790,000) in taxes by ...

KARACHI: A constitutional bench of High Court of Sindh (SHC) comprising Justice Agha Faisal and Justice Abdul Mobeen Lakho disposed of a petition filed by English Biscuit Manufacturing Company Pvt ...

Karachi: Sharjeel Jamal, Convenor of the FPCCI Committee, has raised serious concerns over the faceless customs system, which he claims is causing significant challenges for traders and importers ...