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Nearly 40% of Pakistan’s Imports Entered Duty-Free

10-Jul-2026
Official data shows that nearly 40% of Pakistan’s imports entered the country without the payment of customs duties during FY2025-26, reflecting the government’s ongoing tariff reform strategy aim...
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Nearly 40% of Pakistan’s Imports Entered Duty-Free

Customs Probes Alleged Export Facilitation Scheme Misuse

10-Jul-2026
The Collectorate of Customs (Enforcement), Karachi has uncovered an alleged large-scale misuse of the Export Facilitation Scheme (EFS), leading to an inquiry into the conduct of several customs offici...
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Customs Probes Alleged Export Facilitation Scheme Misuse

FBR Proposes Automated Penalties for Overstayed Port Cargo

09-Jul-2026
The Federal Board of Revenue (FBR) has released draft amendments to the Customs Rules, 2001, proposing the introduction of an automated penalty framework for overstayed cargo at ports. The proposed am...
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FBR Proposes Automated Penalties for Overstayed Port Cargo

SHC Halts Quice Food Merger Pending Shareholder Challenge

08-Jul-2026
The Sindh High Court (SHC) has temporarily halted the proposed merger between Quice Food Industries and Indus Food Products, directing that no further steps be taken until the court examines a petitio...
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SHC Halts Quice Food Merger Pending Shareholder Challenge

ATIR Bars Super Tax Default Surcharge During Court Protection

08-Jul-2026
A two-member bench of the Appellate Tribunal Inland Revenue (ATIR), Islamabad, has ruled that a default surcharge cannot be imposed on super tax for the period during which a taxpayer’s payment obli...
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ATIR Bars Super Tax Default Surcharge During Court Protection

FBR Says Cabinet Approval Needed for Taxpayer Data

07-Jul-2026
The Federal Board of Revenue (FBR) informed a Senate sub-committee that information relating to Pakistan’s highest taxpayers cannot be disclosed without obtaining prior approval from the federal cab...
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FBR Says Cabinet Approval Needed for Taxpayer Data

Senate Told FBR Officials Linked to Silver Theft

07-Jul-2026
Customs authorities informed a Senate sub-committee that officials are allegedly involved in the theft of 398 kilograms of silver, with investigations into the matter currently underway.The issue came...
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Senate Told FBR Officials Linked to Silver Theft

NAB Hands Over Rs348 Million Confiscated Properties

07-Jul-2026
The National Accountability Bureau (NAB) has transferred ownership of four confiscated properties, collectively valued at approximately Rs348 million, to the Directorate General of Estate under the Mi...
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NAB Hands Over Rs348 Million Confiscated Properties

FBR Mandates Retail Price Display on 56 Goods

07-Jul-2026
The Federal Board of Revenue (FBR) has instructed all manufacturers and importers of the 56 products specified under the Third Schedule of the Sales Tax Act to prominently display both the retail pric...
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FBR Mandates Retail Price Display on 56 Goods

NHA Increases M-2 Motorway Toll Rates by 7%

06-Jul-2026
The National Highway Authority (NHA) has officially revised toll charges for commuters using the Lahore-Islamabad Motorway (M-2), introducing a 7% increase effective from July 5, 2026.According to the...
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NHA Increases M-2 Motorway Toll Rates by 7%
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