Customs Act and the hierarchy of jurisdiction
The Customs Act, 1969 [herein referred to as the Act] is the law relating to levy and collection of customs duties, fee and service charges including the allied matters relating…
Customs controls and commercial fraud
Customs controls are meant for ensuring compliance with Customs laws and regulations fraud detection. An administration can reduce instances of commercial fraud by having effective controls. The use of effective…
Tax evaders and tax officials
Tax evasion is not unique to Pakistan. Western countries including the United States and Western Europe are increasingly engaged in proactively identifying tax evaders and levying heavy penalties on not…
Customs duties’ structure
Despite the tall claims of officialdom that the customs tariff regime has been rationalised and significantly liberalized, it continues to be littered with complications, essentially for the protection of powerful…
Eccentric currency market reforms
September 2023 holds some significant importance for Pakistan, marked by a series of notable events. In the first week of this month, we witnessed unusual and rapid surge in the…
Maritime sector
Even after 75 years since its creation, Pakistan has never paid its utmost attention to its maritime sector. The main reason for the continued neglect has been the political instability…
PKR: The upsides and downsides of devaluation
The country these days is in grip of serious uncertainty in regard to the fate of the Pakistani currency. Genuine businessmen are in a "wait and see" mode, the social…
Afghans fear for jobs and money after Taliban takeover
As a nurse at one of Kabul’s main hospitals, Latifa Alizada was the breadwinner for her family, providing for her three young boys and unemployed husband. Now — since the…
Countering loot and plunder
The picture that emerges is of gross inefficiency, maladministration and corruption in an organization that is geared to further principally individual and communal self-inertest of a few individuals at the…
Illicit financial flows in the region
A recent study (November 24, 2017) provides an assessment of routes, actors and sources of Illicit Financial Flows (IFFs) and corruption in and between Kyrgyzstan, Tajikistan, Afghanistan, Pakistan, India, Nepal,…
